Isabel Nickel Project Resource Drilling Uncovers 3% Ni
Brisbane, Aug 6, 2015 AEST (ABN Newswire) - Axiom Mining Limited (
ASX:AVQ) ('Axiom' or 'the Company') is pleased to announce outstanding first results from the resource definition drilling program on the Isabel Nickel Project in Solomon Islands.
Highlights
- The project team completed 78 holes over 832.8m on the Kolosori Ridge prospect area in the first stage of Axiom's resource definition drilling program.
- Key highlights from the drilling include:
- 7.0m @ 2.24% Ni from surface
including 5.0m @ 2.67% Ni from 1.0,
including 1.0m @ 3.07% Ni
- 9.0m @ 1.66% Ni from 1.0m
including 3.0m @ 2.44% Ni from 7.0m,
including 1.0m @ 3.11% Ni
- 10.2m @ 1.52% Ni from 1.0m
including 3.0m @ 2.15% Ni from 7.0m,
including 1.0m @ 3.18% Ni
- 7.0m @ 1.5% Ni from 1.0m
including 3.0m @ 2.11% Ni from 5.0m,
including 1.0m @ 2.98% Ni
Axiom CEO Ryan Mount said, "We are off to a good start in this phase of project developmentâwe are well on track to defining the extent of the high grade mineralisation and determining mining parameters.
"The excellent results of grades over 3% Ni give us a high level of confidence in our ability to supply a premium product for potential customers."
The project team has also made good progress in road construction, planning of the camp upgrade and environmental studies.
To view full exploration results, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AVQ-871015.pdf
About Axiom Mining Limited
Axiom Mining Limited (ASX:AVQ) focuses on tapping into the resource potential within the ore-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 part of the Isabel Nickel Project in the Solomon Islands and highly prospective gold, silver and copper tenements in Solomon Islands and North Queensland, Australia. Axiom Mining is listed on the ASX.
For more information on Axiom Mining, please visit www.axiom-mining.com
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