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 . Further to this Axiom is now assessing the additional areas defined by historical exploration over other areas of the tenement . 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 . Drilling activities will now pause while awaiting the grant of a mining license at San Jorge although other exploration and development activities will continue . Phase 2 of the exploration drilling program is planned to commence in tandem with start-up mining activities upon grant of a mining lease.
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