Royalty and Terms: | 0.76% NSR royalty on all metals (excluding gold and silver) covering the entirety of the Silver Swan and Golden Swan underground mines as outlined in the 2022 Feasibility Study. |
Operator: | Visit Poseidon Nickel for more information |
Primary Commodity: | Nickel |
Location: | Western Australia |
Reserves and Resources: |
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Production: | N/A |
Catalysts:
- Agreement on definitive terms with customers for offtake and project financing
- Planned 10,000-meter drill campaign for 2023 focused on converting Inferred Resource and growing the Measured and Indicated Resource base
- Final investment decision expected in H1 2023 for start of concentrate production as early as mid-2024
- Completion of the study on rougher concentrate project, aimed at increasing total Ni production
More details in the 2023 Asset Handbook
Source: Company disclosure and Osisko management estimates.