A maiden drilling program at Western Australia’s Ti Tree mineral hub has recently been completed. The program, which was undertaken by Poseidon Nickel Limited (ASX: POS), involved the drilling of 9 diamond core holes as part of their exploration initiative. Posing Nickel is heavily invested in other exploration projects within the new mineral hub including Silver Swan North, Black Swan and Silver Swan South.
Poseidon Nickel is focused on the exploration, evaluation, development and production of nickel sulphide at the Ti Tree East, Ten Mile and the nearby Silver Swan North projects. It has been estimated that these projects have the potential to produce greater than 15 million tonnes of contained nickel metal. The project aims to identify Nickel laterite resources and ultimately connect them to Western Australia’s growing export market.
The maiden drilling program is the first to take place at Poseidon Nickel’s Ti Tree mineral hub. The objectives of the program were to identify nickel-laterite stratigraphic horizons, weathered zones and the depth and composition of fresh rock resources. The drill program also identified a number of geological features in the area, and it has confimed the pre existing exploration work.
The samples from the drilling program are now being sent off for laboratory testing. Once the results are available, they will be used to inform Poseidon Nickel’s understanding of the stratigraphic and lithological composition of the prospect, and the potential for additional exploration.
This maiden drilling program is an important step forward for Poseidon Nickel and the Ti Tree mineral project. As the project advances, more information will be available in regards to the potential for nickel laterite resource development, including an assessment of the economics and feasibility of mining operations.
Overall, this maiden drilling program has been a great success for Poseidon Nickel and the Ti Tree mineral hub. With the potential for 15 million tonnes of contained nickel metal and numerous geological features identified, this project could help unlock an exciting new export market for the region.
A maiden drilling program at Western Australia’s Ti Tree mineral hub has recently been completed. The program, which was undertaken by Poseidon Nickel Limited (ASX: POS), involved the drilling of 9 diamond core holes as part of their exploration initiative. Posing Nickel is heavily invested in other exploration projects within the new mineral hub including Silver Swan North, Black Swan and Silver Swan South.
Poseidon Nickel is focused on the exploration, evaluation, development and production of nickel sulphide at the Ti Tree East, Ten Mile and the nearby Silver Swan North projects. It has been estimated that these projects have the potential to produce greater than 15 million tonnes of contained nickel metal. The project aims to identify Nickel laterite resources and ultimately connect them to Western Australia’s growing export market.
The maiden drilling program is the first to take place at Poseidon Nickel’s Ti Tree mineral hub. The objectives of the program were to identify nickel-laterite stratigraphic horizons, weathered zones and the depth and composition of fresh rock resources. The drill program also identified a number of geological features in the area, and it has confimed the pre existing exploration work.
The samples from the drilling program are now being sent off for laboratory testing. Once the results are available, they will be used to inform Poseidon Nickel’s understanding of the stratigraphic and lithological composition of the prospect, and the potential for additional exploration.
This maiden drilling program is an important step forward for Poseidon Nickel and the Ti Tree mineral project. As the project advances, more information will be available in regards to the potential for nickel laterite resource development, including an assessment of the economics and feasibility of mining operations.
Overall, this maiden drilling program has been a great success for Poseidon Nickel and the Ti Tree mineral hub. With the potential for 15 million tonnes of contained nickel metal and numerous geological features identified, this project could help unlock an exciting new export market for the region.
