BEIJING (Asian Metal) 18 Sep 21 - Australian-based Poseidon Nickel provided a maiden resource estimate for the Silver Swan Tailings located at Black Swan project of 675 kt grading 0.92% Ni and 683 ppm Co containing 6,200 tonnes of nickel and 460 tonnes of cobalt.

Detailed testwork is underway to optimise the Silver Swan Tailings (SST) blend ratio and test the optimal blend ratio with appropriate proportions of the Silver Swan and Golden Swan massive sulphides. The results will support a Bankable Feasibility Study (BFS) on restarting the Black Swan Concentrator at the 1.1Mpta production rate.