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Axiom Mining Reports Phase 2 Drill Results from Isabel Project

Charlotte McLeod
Nov. 05, 2015 10:29AM PST
Base Metals Investing

Axiom Mining Ltd. (ASX:AVQ) announced results from Phase 2 resource definition drilling at its Solomon Islands-based Isabel nickel project.

Axiom Mining Ltd. (ASX:AVQ) announced results from Phase 2 resource definition drilling at its Solomon Islands-based Isabel nickel project.
The resource definition program is ongoing. The company put out the first JORC mineral resource for the project in September 2015, and plans to upgrade it by the end of the year.
Highlights include:

Key highlights from the latest drilling results include:

  • 11.0m @ 1.72% Ni from surface including 5.5m @ 2.51% Ni from 4.5m
  • 17.4m @ 1.67% Ni from 2.0m including 9.4m @ 2.25% Ni from 10.0m
  • 12.5m @ 1.91% Ni from surface including 9.0m @ 2.21% Ni from 3.5m
  • 8.7m @ 1.70% Ni from 1.0m including 4.7m @ 2.23% Ni from 5.0m

Additional results with both high grade limonite and saprolite intersections include:

  • 8.4m @ 1.91% Ni from surface including 2.0m @ 1.41% Ni from 1.0m (limonite) and 5.4m @ 2.28% Ni from 3.0m (saprolite)
  • 9.0m @ 1.47% Ni from surface including 2.0m @ 1.42% Ni from 1.0m (limonite) and 4.2m @ 1.97% Ni from 3.0m (saprolite)

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

asx:avq
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