POS 0.00% 0.4¢ poseidon nickel limited

No KD you are misleading the public and downplaying LJ!You are...

  1. 9,860 Posts.
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    No KD you are misleading the public and downplaying LJ!
    You are referring to Maggie Hays medium grade JORC listed & ignoring Emily Ann (46,000 tonnes of nickel during its mine life at an average grade of 4.1% nickel) and ignoring Abi Rose (4%-10% grade hits) which are both high grade deposits at LJ.
    EA was part of the BFS of 18 May 2015 & historically produced 46kT!, see below -

    The detractors of LJ ignore EA & AR high grade deposits, ignore the horizontal flying fox comments on NH DS & the cheap turnkey restart in 2015 in the BFS of 2015.
    I have numerous times called on them to update & add in the JORC for EA & Abi Rose at LJ yet nothing for 7 years already and excluding it is diabolical. There is likely another 100kT+ there from these 2 forgetting the further hits south also.

    DS stated "Emily Ann has resources of 334,000t grading 4.18 per cent nickel" in his preso dated 2015, its never been included in the LJ tables!
    "Poseidon Nickel Ltd. (ASXOS) announced plans to drill a “highly prospective structurally-offset electromagnetic target” that was identified next to the Emily Ann deposit at the Johnson Lake project. Emily Ann was a high-grade massive nickel sulfide deposit"

    Read the ASX announced reports!

    https://poseidon-nickel.com.au/lake-johnston-news-from-ceo-and-md-david-singleton/

    https://wcsecure.weblink.com.au/pdf/POS/01551301.pdf

    https://wcsecure.weblink.com.au/pdf/POS/01625851.pdf

    "Lake Johnson Mines
    • Large faults also offset and terminate mineralisation
    • Granite also thrust over the ultramafic host potentially “hiding” mineralisation
    • Potential for offset blocks of ultramafic under the granites to the west
    • Ore body horizontal so cheaper to mine and explore
    ≈ 4% nickel ore bodies already discovered

    Lake Johnston geologically similar to WSAs Flying Fox with offsetting faults but ore body horizontal not vertical


    "Emily Ann resource was high grade (3.97% nickel).."

    Emily Ann
    The Emily Ann ore body was a high grade (circa 4%) ore body mined from 2006 which was
    thought to terminate along the Toolangi Fault (Figure 4). Norilsk Nickel was developing
    access to an identified extension to this ore body although the work was terminated in 2009
    when the site was closed during the financial crisis. This ore body was designated Emily
    Ann North.
    Emily Ann North
    Emily Ann North (EAN) is situated approximately 150m north of the Emily Ann mine. Norilsk
    Nickel estimated a non-JORC compliant resource which contained approximately 14Kt of
    nickel at a grade of 4.2% nickel.

    And Abi Rose was even more higher grade than EA -
    "High-grade nickel was discovered at Abi Rose in 2016 after drilling uncovered intersections of 10.48m grading 3.20% nickel, with two higher grade intervals of 5.72m at 5.72m at 4.66% nickel and 1.29m at 10.22% nickel...
    The company today reported the restart of diamond core drilling at its high-grade Abi Rose nickel deposit, which was discovered in early 2016 in a drilling campaign revealing mineralisation grading up to 10.22% nickel.The deposit lies about 400m north of the historical Emily Ann nickel mine, which had produced 46,000 tonnes of nickel during its mine life at an average grade of 4.1% nickel"What is your agenda KD?

    You want LJ sold off for a pittance, our jewell in the crown?
    NO WAY!
    Last edited by tomboy: 17/02/21
 
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