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Axiom Mining Ltd.
Summary
| Project: | Isabel | |
|---|---|---|
| Deposit: | San Jorge | |
| Location: | Solomon Islands | |
| Commodities: | Nickel | |
| Date: | 2/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-2-2017: Axiom Mining Ltd. announces an Exploration/Drilling Update report for its San Jorge deposit at the Isabel project. Drilling results incl. 17.2m @ 1.25% Ni from 2m. Axiom Mining Limited (‘Axiom’ or ‘the Company’) is pleased to announce further ou | |
| 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 drill program on San Jorge Island in the Solomon Islands. Axiom has targeted an area with in the San Jorge tenement that presents optimal logistical characteristics of an initial mining DSO operation. The drilling program is progressing to deliver a Mineral Resource estimate in early 2017. The drilling program at San Jorge has progressed efficiently with the 50 by 50m drill pattern complete across the initial area of focus. The definition program included sterilisation holes on the edge on the known mineralised zone to assist with initial mining boundaries to ensure efficiency in proceeding to stockpiling and mining as soon as licenses are granted. With the near completion of the Phase 1 drilling, the Company is assessing new saprolite exploration targets that occur at San Jorge to continue broader modelling and analysis. Upon completion of the resource definition infill program in the phase 1 area, focus will shift to drilling extensional and exploration targets. The drill program is designed to establish an initial JORC Mineral Resource for the commencement of mining in 2017, subject to licencing. | |
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