Poseidon Nickel Ltd recruits metallurgist and mining economist
Poseidon Nickel Ltd (ASX: POS, OTC: PSDNF) has a new non-executive director to the board, bringing additional operational and development expertise to the team.
Warren Hallam, a very experienced metallurgist and mining economist, will take over from today.
Poseidon says Hallam’s skills complement the current board and that his familiarity with financing, developing and operating base metal and gold projects will be helpful as the company strives to restart its business. Black Swan Nickel project.
Poseidon Chairman Derek la Ferla and Chief Executive Peter Harold said they were delighted to welcome Warren to the Poseidon Board.
“[Warren’s] the skills, expertise and experience will add timely technical and operational strength to our Board of Directors as we focus on implementing our mill fill strategy and restarting the Black Swan project Nickel,” they said.
Warren embarks as a non-executive director with technical, managerial and financial experience in a wide range of commodities, including copper, nickel, tin, gold and iron ore.
He has held numerous board and senior management positions in the resource industry, including directorships with Westgold Resources Ltd, Aziana Ltd and Nelson Resources Ltd (ASX: NES).
Hallam has also served as Managing Director of Metals Exploration Ltd, Metals X Ltd, Capricorn Metals Ltd (ASX: CMM) and Millennium Minerals Ltd. (ASX: AVG)
The new director holds a Bachelor of Applied Science in Metallurgy, a Master of Science in Mineral Economics and a graduate degree in Commerce.
Poseidon is a nickel sulphide exploration and development company with three projects at Kalgoorlie in the Goldfields region of Western Australia.
Together, the projects carry a resource base of approximately 400,000 tonnes of nickel and 180,000 ounces of gold.
Poseidon’s strategy is focused on exploration and the eventual restart of its established nickel operations in Western Australia.
A key part of this strategy has been to acquire projects and operations with existing infrastructure, significant nickel resources and geological prospecting that could lead to resource growth with modern exploration techniques.
Poseidon owns the Windarra, Black Swan and Lake Johnston Nickel projects.
In addition to mines and infrastructure, including concentrators at Black Swan and Lake Johnston, these projects offer significant exploration opportunities, as evidenced by the Golden Swan resource at Black Swan and the Abi Rose deposit at Lake Johnston.
Black Swan will be the first project to restart, followed by Lake Johnston and then Windarra – as long as Poseidon completes favorable feasibility studies and appropriate project financing structures are in place, the nickel price outlook remains positive and all necessary approvals are obtained.
The company completed a definitive feasibility study – focused on reprocessing gold tailings at Windarra and Lancefield – in July 2021 and is currently seeking potential partners to develop the project and monetize the asset.