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Windarra Tailings Project and Water Access Agreement Update

Windarra Tailings Project and Water Access Agreement Update

Importantly the agreement with Encore Minerals to develop the Windarra Gold and Nickel Tailings using Draslovka’s Glycine Leaching Technology is unaffected by the termination of the agreement with Mt Morgans. Encore Minerals intends to use proprietary Glycine Leaching Technology (GlyCatTM + GlyLeachTM) to process the Windarra gold and nickel tailings and potentially the Lancefield gold tailings. Refer ASX release dated 31 July 2024 titled “Poseidon enters agreement with Encore Minerals to develop the Windarra Tailings Project.”

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