Exploration and development at San Jorge tenement
AXIOM has completed phase one of the drill programme at San Jorge with assay results to be the subject of an announcement to be released shortly.
According to Axiom’s update report, the Company will now pursue the next stage of development planning towards a direct shipping of ore mine operation.
Supplementary exploration activities will continue with further drilling operations are expected to occur in parallel to any mine operations and upon the grant of a mining lease.
The report states that Axiom now has a prospecting licence application before the government for the Kolosori deposit and a mining lease application for the San Jorge deposit.
Together these two deposits make up the Isabel Nickel Project. It is stated that Axiom is now pursuing its pending licence applications over the Isabel Nickel Project with continued strong support from its landowning partners who are key decision makers in the licensing process.
In its development build-up, the company will again conduct two shareholder information sessions this year on April 27 – 28 in Sydney and Brisbane respectively following the constructive and well received shareholder information sessions in April 2016.
The Report highlights that the Company is confident of its position as the most appropriate developer of this project from both a technical and ethical perspective, and more particularly due to its strong support in the local community.
Axiom Mining Limited focuses on tapping into the resource potential within the mineral-rich Pacific Rim.
Through dedication to forging strong bonds and relationships with the local communities and governments where we operate, Axiom Mining has built a diversified portfolio of exploration tenements in the Asia Pacific region.
This includes a majority interest in the Isabel Nickel Project in the Solomon Islands and highly prospective gold, silver and copper tenements in North Queensland, Australia.
The government announced it was planning to tender the Isabel Nickel Project in September 2016 but this did not occur.