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ASX Announcement: Isabel Nickel Project – Discovery of high grade prospect
Apr. 24, 2017 09:36AM PST
Base Metals Investing
Axiom Mining Limited (‘Axiom’ or ‘the Company’) is pleased to announce further results from its ongoing exploration program on its San Jorge tenement in the Solomon Islands. As part of ongoing reconnaissance activity, a high grade area of mineralisation was uncovered just 500m south-east of the recently completed Phase 1 drilling area. Targeting an exposed …
Axiom Mining Limited (‘Axiom’ or ‘the Company’) is pleased to announce further results from its ongoing exploration program on its San Jorge tenement in the Solomon Islands. As part of ongoing reconnaissance activity, a high grade area of mineralisation was uncovered just 500m south-east of the recently completed Phase 1 drilling area. Targeting an exposed area of saprolite occurring close to surface, a program of rock chip sampling program was undertaken delivering grades of between 2% and 3.58% Ni.
Highlights
- High grade saprolite mineralisation discovered at surface
- Ni grades from 2% to 3.58% consistently recorded from rock chip sampling
- High grade prospect area just 500 m from recently completed Phase 1 drill program
Axiom CEO Ryan Mount said:
“We are absolutely delighted with this discovery. The systematic expansion of our exploration throughout the tenement is yielding these exciting results. To date, these are the highest grade samples identified by Axiom over the whole of the Isabel Nickel Project in the past two and a half years. The consistency of these results, and that the samples lie at surface, is very encouraging.”