Axiom Granted Mineral Licence on Guadalcanal Island

 Axiom Mining (‘Axiom’ or ‘the Company’) is pleased to announce that the Solomon Islands Government has granted Axiom approval to further develop its tenement in a mineral rich area of Guadalcanal Island.
Axiom applied for the renewal of prospecting licence PL 01/14 over the West Guadalcanal Project after its term had expired. The renewal has been granted and is 100% owned by Axiom.
Highlights

•   Renewal of West Guadalcanal Prospecting Licence received
•   Result of continued ongoing negotiations with Solomon Islands Government
•   Key element of Company’s Solomon Islands minerals portfolio
•   Highly prospective for epithermal gold-silver and porphyry copper-gold mineralisation

Axiom CEO Mr Ryan Mount commented:

“This is a strategic element of our current mineral portfolio and complements our plans for The Isabel Nickel Project and we are grateful to the Solomon Islands Government for their support in granting the tenement renewal in our favour. We are still completely focused on the development of our laterite nickel tenement on San Jorge Island and our licence application for Kolosori.
The reissue of this licence represents the first successful outcome of Axiom’s licence renewal strategy and validates the sensitive and respectful approach that we have taken with key stakeholders including the Solomon Islands Government in pursuing our major licence renewals. We look forward to working with the Government and landowners to achieve a resumption of activities on both tenements falling under the umbrella of The Isabel Nickel Project.”

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