AVQ 0.00% 2.5¢ axiom mining limited

don't you just love the hype building, page-17

  1. sck
    3,388 Posts.
    The shallow Isabel deposit contains a current non-JORC
    historical resource established in the 1990?s by Kaiser,
    (after confirmation of INCO?s work) of 159mt averaging
    1.045% Ni and 0.06% Co. The total contained nickel
    content of this non-JORC resource is 1.66 million tonnes.
    ? The grade of the Isabel deposits is comparable to other
    major tropical nickel laterite deposits currently in
    production or being developed. Subject to further work,
    this deposit may give Axiom the option of an initial ?fast
    track?, low capex, direct ore shipping operation.
    ? Average grades are likely to increase with drilling (below
    current historical non-JORC resource depths ~6m) into
    untested parts of higher grade saprolitic ore...........
    It appears to me that the potential of this resource is still immense as only the top 6 metres has been tested......of course I am no expert.......
 
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