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Axiom Mining Ltd.

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Summary

Project:

Isabel

Deposit:San Jorge
Location:Solomon Islands
Commodities:Nickel
Date:12/15/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:15-12-2016: Axiom Mining Ltd. announces an Exploration/Drilling Update report for its San Jorge deposit at the Isabel project. Drilling results incl. 16.5m @ 1.54% Ni from 2m. Axiom Mining Limited (‘Axiom’ or ‘the Company’) is pleased to announce further
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: John Horton (ResVal Pty Ltd.)
ABSTRACT:Axiom Mining Limited (‘Axiom’ or ‘the Company’) is pleased to announce further outstanding results from the resource definition drilling program on San Jorge Island in Solomon Islands. Axiom CEO Ryan Mount said, “We continue to be pleased with the drilling results. These results, coupled with our drive to refine our business to ensure a far more efficient operation in Solomon Islands, put us in a strong position to be able to provide a premium product to the nickel ore market in 2017.” The drilling program is designed to establish an initial JORC Mineral Resource for the commencement of mining in 2017, subject to licencing. Drilling activity is proceeding at pace and with full operations continuing over the Christmas period into 2017. In parallel, work is proceeding on preparation of the Mining Lease application documentation for the San Jorge tenement. Major studies and components are nearing completion and lodgement is expected shortly.

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