Axiom 2014 Annual Report - page 27

25
2014 Annual Report
Criteria
JORC Code explanation Commentary
Data aggregation
methods
In reporting Exploration
Results, weighting averaging
techniques, maximum
and/or minimum grade
truncations (eg cutting of
high grades) and cut-off
grades are usually material
and should be stated.
Where aggregate intercepts
incorporate short lengths of
high grade results and longer
lengths of low grade results,
the procedure used for such
aggregation should be stated
and some typical examples of
such aggregations should be
shown in detail.
The assumptions used
for any reporting of metal
equivalent values should
be clearly stated.
ISABEL NICKEL PROJECT
No weighting has been applied to reporting for the 2014 program.
All assay intervals are based on geological intervals or a 2m length
if the geological interval is greater than 2m.
WEST GUADALCANAL PROJECT
For drill sampling, length weighing calculations with a maximum
1m internal dilution have been applied.
For trench sampling, length weighing calculations with a maximum
1m internal dilution have been applied.
Two cut-off criteria are applied to derive the Lower Cut-off and the Upper
Cut-off intervals of Tables 3, 4, 5 & 6. The gold grade cut-off of the Lower
Cut-off weighted average intervals is 0.1 g/t Au and 1.0 g/t Ag; and for
the Upper Cut-off weighted average intervals the cut-off is 1.0 g/t Au
and 10.0 g/t Ag.
No metal equivalent values reported.
Relationship
between
mineralisation
widths and
intercept lengths
These relationships are
particularly important in
the reporting of Exploration
Results.
If the geometry of the
mineralisation with respect
to the drill hole angle is
known, its nature should be
reported.
If it is not known and only
the down hole lengths are
reported, there should be a
clear statement to this effect
(eg ‘down hole length, true
width not known’).
ISABEL NICKEL PROJECT
Target only due to limited modern testing.
WEST GUADALCANAL PROJECT
The geometry of the mineralisation is still unknown. All widths and
intercepts are all recorded as down hole lengths. There are no True Widths
at this stage.
Diagrams
Appropriate maps and
sections (with scales) and
tabulations of intercepts
should be included for any
significant discovery being
reported. These should
include, but not be limited to
a plan view of drill hole collar
locations and appropriate
sectional views.
ISABEL NICKEL PROJECT
See figures 1 and 2 in ASX announcement 16 December 2014.
WEST GUADALCANAL PROJECT
See page 13.
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