Coloccini had picked up a calf injury while on a mid-season training camp in Spain.
It was initially reported that the strain could see him miss a month of football.
But a scan has revealed the injury isn’t as bad as first feared, and the Toon captain could play at Stoke on Wednesday, March 2.
A Newcastle statement said: “Newcastle United can confirm that captain Fabricio Coloccini suffered a slight calf strain during the Club’s recent training camp in La Manga.
“The Argentine defender subsequently underwent a scan, the results of which have shown that the injury is not as bad as has been reported.
“The club’s medical staff are working hard with Coloccini to try and ensure the centre-back is available for selection at Stoke City in eight days’ time (Wednesday, 2nd March).”