Axiom Mining has received further outstanding results from definition drilling at San Jorge tenement of the Isabel Nickel Project in the Solomon Islands. Axiom has targeted an area that presents optimal logistical characteristics of an initial mining DSO operation.
The drilling program is progressing to deliver a mineral resource estimate in the next few weeks with the company planning to begin mining later this year.
The latest highlights are: 12 metres from 3 metres @ 1.34% nickel; 8 metres from 2 metres @ 1.40%; 8.5 metres from 2 metres @ 1.17% nickel from 2 metres; and 10 metres from 5 metres @ 1.43%.
The drilling program at San Jorge has progressed efficiently with the 50 by 50 metres 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 licences 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 mineral resource for the commencement of mining in 2017, subject to licensing.