Axiom 2014 Annual Report - page 17

Vietnam
In early 2014, Axiom completed a review of the project
following mapping of the entire tenement area and
trenching of anomalous soil geochemistry.
With increasing confidence in the Solomon Islands
projects and the delay in the implementation of
Vietnam mining law, Axiom decided to focus our
current exploration resources on the assets with the
highest potential to add value for shareholder value.
In the second quarter of the year, Axiom transitioned
our Vietnam operations to maintenance mode to
enable us to shift our resources and efforts to the
Solomon Islands.
Axiom still believes that Vietnam offers great
potential for resource development and has taken
steps to maintain avenues for re-commencing
exploration in future when circumstances permit.
Disclaimer
Statements in this document that are forward-looking and
involve numerous risks and uncertainties that could cause
actual results to differ materially from expected results are
based on the Company’s current beliefs and assumptions
regarding a large number of factors affecting its business.
There can be no assurance that (i) the Company has correctly
measured or identified all of the factors affecting its business
or their extent or likely impact; (ii) the publicly available
information with respect to these factors on which the
Company’s analysis is based is complete or accurate; (iii) the
Company’s analysis is correct; or (iv) the Company’s strategy,
which is based in part on this analysis, will be successful.
Competent Person’s Statement for Isabel Nickel Project
The information in this report that relates to Exploration Results
is based on and fairly represents information and supporting
documentation compiled by Mr Neil Jansen who is a member
of AusIMM. Mr Jansen has sufficient experience that is relevant
to the styles of mineralisation and types of deposit under
consideration and to the activity which is being undertaking
to qualify as a Competent Person as defined in the 2012 Edition
of the ‘Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves.’ Mr Jansen is a full time
employee of Axiom Mining Limited and consents to the inclusion
in this report of the matters based on his information in the
form and context in which it appears.
Competent Person’s Statement for West Guadalcanal Project
The information in this report that relates to Exploration Results
is based on information compiled by Ms Barbara Pierna who
is a Member of the Australasian Institute of Geoscientists. Ms
Pierna has sufficient experience that is relevant to the styles of
mineralisation and types of deposit under consideration and to
the activity that is being undertaken to qualify as a Competent
Person as defined in the 2012 Edition of the ‘Australasian Code
for Reporting of Exploration Results, Mineral Resources and Ore
Reserves.’ Ms Pierna is a full time employee of Axiom Mining
Limited and consents to the inclusion in this report of the
matters based on her information in the form and context in
which it appears.
15
2014 Annual Report
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