POS 25.0% 0.5¢ poseidon nickel limited

Ann: Latest Drilling and Assay Results add to Golden Swan, page-65

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    Millerite, when found in enough concentration, is a very important ore of nickel because, for its mass as a sulfide mineral, it contains a higher percentage of nickel than pentlandite. This means that, for every percent of millerite, an ore contains more nickel than an equivalent percentage of pentlandite sulfide. Millerite forms an important ore constituent of the Silver Swan, Wannaway, Cliffs, Honeymoon Well, Yakabindie and Mt Keith (MKD5) orebodies. It is an accessory mineral associated with nickel laterite deposits in New Caledonia.
 
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