Poseidon Nickel Limited (AU:POS) has released an update.
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Poseidon Nickel Limited has finalized an agreement with Encore Minerals to develop the Windarra gold and nickel tailings project, which promises to leverage innovative Glycine Leaching Technology. With a total of $1.25 million and a 3% royalty on production, Poseidon stands to benefit from the rising gold prices, making this venture potentially lucrative. The project will be managed by Encore, focusing on funding, development, and rehabilitation.
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