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Poseidon Nickel kicks off refurbishment work at Silver Swan

Poseidon Nickel Ltd. kicked off initial refurbishment of the Silver Swan decline in Western Australia.

The company said March 20 that this early work will enable safe access from the Silver Swan decline into underground diamond drilling platforms for exploration drilling of the Black Swan ore deposit, expected to start this week.

Poseidon aims to test the mineralization that extends below the existing Black Swan open pit. This first stage of exploration will investigate the extent of mineralization at depth and in close proximity to the Silver Swan decline.

The underground refurbishment work and exploration drilling are expected to expedite the company's strategy of fast-tracking Black Swan operations to nickel concentrate production within 12 months of deciding to restart the operation.

In the meantime, the company intends to maintain its Lake Johnston and Windarra nickel operations in Western Australia on care and maintenance.