Poseidon Nickel expands Black Swan gold targets, doubles Wilson's anomaly

Proactive - Interviews for investors

Proactive's Tylah Tully breaks down ‘Just the Facts’ from the latest news out of Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF). The company has made significant strides in gold exploration at its Black Swan Project in Western Australia, notably doubling the size of the Wilson’s gold-in-soil anomaly to 2.5 by 1.5 kilometres. Originally identified in September 2024, this anomaly yielded peak surface gold values of 79 ppb and remains open to further exploration southeast of its current boundary. Additional promising gold-in-soil trends have been confirmed at the Wattle and Ellison prospects. Wattle now covers 1.2 by 1.3 kilometres with a peak gold value of 33 ppb, while Ellison spans 1 by 1 kilometre with gold values reaching 43 ppb. These anomalies point to the potential presence of deeper, gold-bearing systems. Poseidon identified Wilson’s Prospect as its most advanced gold target, with a northwest-oriented trend encompassing anomalous quartz veins, gold nuggets and historical gold-bearing drill intersections. These findings will inform upcoming low-cost exploration initiatives, including shallow drilling, to evaluate these targets further. The Black Swan gold exploration progress aligns with Poseidon's proposed merger with Horizon Minerals, which, if completed, would provide continuity to exploration programs and support future gold ore processing at Black Swan. Poseidon’s next steps include further infill sampling and shallow drilling, pending statutory approvals. #ProactiveInvestors #PoseidonNickel #ASX #JusttheFacts#BlackSwanProject #GoldExploration #WesternAustralia #GoldInSoil #WilsonProspect #WattleProspect #EllisonProspect #MiningNews #MineralExploration #GoldMining #HorizonMerger #ResourceDevelopment #ShallowDrilling #NaturalResources #GoldTargets #ExplorationExpansion #MiningIndustry #NickelAndGold