Aphrodite still considering Black Swan option

ASX-listed Poseidon Nickel has told shareholders that the merger between fellow-listed Aphrodite Gold and Spitfire Materials would have no impact on plans to assess possible gold production at the Black Swan processing facility, in Western Australia. Spitfire and Aphrodite Gold on Monday executed a merger implementation agreement, giving force to an August decision to create a diversified Australian gold development company with a combined resource of 1.3-million ounces.