Poseidon Nickel has commenced an aircore (AC) and reverse circulation (RC) drilling program at its Lake Johnston project.
The Lake Johnston project is located 190km south-west of Kalgoorlie in Western Australia. It contains two historical underground nickel sulphide mines, Emily Ann and Maggie Hays, along with a 1.5 million tonnes per annum processing plant, a 200-person village and associated infrastructure.
The project’s new drilling program is intended to progress several promising greenfields targets along the Western Ultramafic Unit and the Maggie Hays West prospect, and to infill the widely spaced traverses at each target to define the geochemical dispersion and the morphology of the Western Ultramafic basal contact.
It will also build off the drilling program conducted at Lake Johnston in May.
Poseidon Nickel said the results from the current drill program will facilitate the design and priority of future deeper drilling programs targeting high-grade nickel deposits.
The current drilling program is expected to consist of:
- 18 AC holes scheduled at the Maggie Hays West prospect, with a further seven slimline RC holes to be completed after
- seven slimline RC holes along the Western Ultramafic Unit’s six regional prospects.
Newly elected Poseidon Nickel chief executive officer Craig Jones reacted to the news.
“Following the successful Lake Johnston reconnaissance drilling program earlier this year that tested over a 14km strike of the Western Ultramafic Unit on widely spaced traverses, we are pleased to have commenced a further program to follow-up the significant targets that were identified,” Jones said.
“The Western Ultramafic Unit drilling has so far delivered positive results with coincident nickel copper and PGE’s (platinum group elements) considered indicators for nickel sulphides and we are very excited about the prospectivity of the targets already defined.”
Poseidon Nickel recently announced major leadership changes to its board.