POS 20.0% 0.4¢ poseidon nickel limited

Ann: Silver Swan Resource Update, page-3

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    Great news

    UPDATED SILVER SWAN RESOURCE UNDERPINS SIGNIFICANT
    INCREASE IN HIGH GRADE INDICATED RESOURCE BASE
    27 April 2022
    Key Points
    Total Indicated and Inferred Resource at Silver Swan is now 130,000t @ 9.6% Ni for 12,400t Ni
    at a 4.5% Ni COG Silver Swan
    The high-grade Indicated Mineral Resources from both Golden Swan and Silver Swan now
    stands at 250,000t @ 7.10% Ni for 17,665t Ni, a 75% increase of nickel metal from 2019
    Indicated Resource category is at a confidence level that can be used in Reserve calculations
    Black Swan Disseminated Resource update on track to be delivered later this quarter
 
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