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Axiom Mining completes Phase 1 drill program at San Jorge

2017-03-20 15:43:21  【Print】
BEIJING (Asian Metal) 20 Mar 17 - Axiom Mining Limited (‘Axiom’ or ‘the Company’) announced the results of the remainder of the initial drill program on San Jorge Island in the Solomon Islands, which continued to show encouraging grades of nickel mineralization.

Axiom has targeted an area within the San Jorge tenement that presents optimal logistical characteristics of an initial mining DSO operation.

The drill program included selected 25m infill holes as well as sterilisation holes on the edge of the known mineralised zone to assist in determining initial mining boundaries to facilitate efficient stockpiling and mining.

The Company is currently focused on government approval for its mining lease application.Asian Metal Copyright Further to this Axiom is now assessing the additional areas defined by historical exploration over other areas of the tenement.Asian Metal Copyright Further to this Axiom is now assessing the additional areas defined by historical exploration over other areas of the tenement.Asian Metal CopyrightBEIJING Asian Metal 20 Mar 17 - Axiom Mining Limited ‘Axiom’ or ‘the Company’ announced the results of the remainder of the initial drill program on San Jorge Island in the Solomon Islands, which continued to show encouraging grades of nickel mineralization.Asian Metal Copyright This includes significant potential for saprolite mineralisation that requires modern testing.

Phase 1 of the drill program was designed to establish an initial area for mining and to support development of an initial JORC Mineral Resource.Asian Metal Copyright This includes significant potential for saprolite mineralisation that requires modern testing.Asian Metal Copyright Drilling activities will now pause while awaiting the grant of a mining license at San Jorge although other exploration and development activities will continue.Asian Metal CopyrightBEIJING Asian Metal 20 Mar 17 - Axiom Mining Limited ‘Axiom’ or ‘the Company’ announced the results of the remainder of the initial drill program on San Jorge Island in the Solomon Islands, which continued to show encouraging grades of nickel mineralization.Asian Metal Copyright Phase 2 of the exploration drilling program is planned to commence in tandem with start-up mining activities upon grant of a mining lease.

.Asian Metal Copyright .Asian Metal Copyright

Nickel Ore

Philippine 1.8%min CIF China

Unit:USD/mt
China's nickel sulfate producers' number (ratio) MoM output decrease statistics by province by month
Unit: %
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