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2.5¢ axiom mining limited

"The PFs indicated a very low cost of mining compared to peers...

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jazzmox

8,619 Posts.

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23/09/18

22:33

Post #: 35786759
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Originally posted by Barry81 ↑

That's not quite correct, according to the May 17 quarterly report further drilling wasn't continued as a mining license for San Jorge hadn't been awarded, once it had further drilling would occur in conjunction with mining.

The report also stated that drilling was sufficient for an initial Jorc but this wasn't required for a mining license application.

No one on this thread will be able to answer where the San Jorge resource estimate is so best you ring the company and ask.

The PFs indicated a very low cost of mining compared to peers targeting a 1.5% nickel product.

The issue with Isabel and San Jorge isnt that it is uneconomic on the contrary it's the most prospective nickel project in the solomons, that's why inco and Kaiser did so much work on it. The problem was always getting the landholders on side.

Axiom have solved the hardest part now let's hope all parties can benefit.

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"The PFs indicated a very low cost of mining compared to peers targeting a 1.5% nickel product"

A pre-feasibility study for San Jorge does not exist. Without a JORC you cannot do a pre-feasibility study.

San Jorge remains in exploration phase. Axiom has done initial drilling, they never did anything more than that

AVQ Price at posting: 13.0¢ Sentiment: Sell Disclosure: Not Held
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