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Axiom Mining Reports Further Phase 2 Drill Results from Isabel Project

Charlotte McLeod
Nov. 11, 2015 01:09PM PST
Base Metals Investing

Axiom Mining Ltd. (ASX:AVQ) released further results from a Phase 2 resource definition drilling program being completed at its Solomon Islands-based Isabel nickel project.

Axiom Mining Ltd. (ASX:AVQ) released further results from a Phase 2 resource definition drilling program being completed at its Solomon Islands-based Isabel nickel project.
Drilling is currently taking place at the Upper and Lower Kolosori areas, which are outside the resource reported by Axiom on September 30, 2015.
Highlights include:

Phase 2 of resource definition drilling continues at the Kolosori and Havihua prospect areas

  • Key highlights from the latest drilling results include:
    • 14.6m @ 1.46% Ni from surface including 10.6m @ 1.62% Ni from 4.0m
    • 14.3m @ 1.38% Ni from 1.0m including 6.0m @ 1.99% Ni from 8.0m
    • 11.0m @ 1.58% Ni from 1.0m including 5.4m @ 2.37% Ni from 5.6m
    • 9.6m @ 1.58% Ni from 2.0m including 6.6m @ 1.91% Ni from 5.0m
    • 9.0m @ 1.52% Ni from 1.0m including 4.1m @ 2.30% Ni from 4.9m
  • Additional results with both high grade limonite and saprolite intersections include:
    • 11.0m @ 1.60% Ni from 1.0m including 3.0m @ 1.81% Ni from 3.0 m (limonite) and 5.0m @ 1.86% Ni from 6.0m (saprolite)
    • 13.0 m @ 1.37% Ni from 2.0 m including 5.0 m @ 1.79% Ni from 7.0 m (limonite) and 2.0 m @ 1.68% Ni from 12.0 m (saprolite).

Click here to read the full Axiom Mining Ltd. (ASX:AVQ) press release.

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