Ann: Isabel Nickel Project - San Jorge deposit drilling results, page-8

http://www.*.com.au/companies/news/...intersect-encouraging-nickel-grades-at-Isabel

Axiom Mining continues to intersect encouraging nickel grades at Isabel
14:30 03 Feb 2017

Axiom Mining (ASX:AVQ) ongoing drilling program at the Isabel Nickel Project in the Solomon Islands continues to intersect encouraging grades of nickel mineralisation.

The drilling program is progressing to deliver a resource estimate in early 2017
Axiom has targeted an area with in the San Jorge tenement that presents optimal logistical characteristics of an initial mining direct-shipping-ore operation.
The drilling program is progressing to deliver a resource estimate in early 2017.
Latest highlights:
– 12.0 metres at 1.34% nickel from 3 metres;
– 8.0 metres at 1.40% nickel from 2 metres;
– 8.5 metres at 1.17% nickel from 2 metres; and
– 10.0 metres at 1.43% nickel from 5 metres.
Drilling details
The drilling program at San Jorge has progressed efficiently with the 50 by 50 metre drill pattern complete across the initial area of focus.
The definition program included sterilisation holes on the edge on the known mineralised zone to assist with initial mining boundaries to ensure efficiency in proceeding to stockpiling and mining as soon as licenses are granted.
With the near completion of the Phase 1 drilling, the company is assessing new saprolite exploration targets that occur at San Jorge to continue broader modelling and analysis.
Upon completion of the resource definition infill program in the phase 1 area, focus will shift to drilling extensional and exploration targets.
The drill program is designed to establish an initial JORC Resource for the commencement of mining in 2017, subject to licencing.

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