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Emily Ann North Massive Nickel Sulphides

January 2016

A 10.5 m nickel mineralised intersection was recorded in the second hole PLJD0002, of the Emily Ann Extension drill programme. The intersection grades at an impressive 3.2 %, containing 5.7 m at 4.7 % and 1.3 m at 10.2 %. The detailed analysis, targeting the potential Emily Ann extension, was developed over several months by the internal Poseidon geological team in parallel with Newexco. Mr Neil Hutchinson, General Manager of Geology mentioned, “This is an impressive intersection and is the culmination of considerable high quality scientific work between our geology team and Newexco. It opens up many opportunities around the historical Emily Ann Mine and will hopefully lead to the discovery of an economic deposit.”

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