Axiom 2014 Annual Report - page 28

26
Axiom Mining Limited
Criteria
JORC Code explanation Commentary
Balanced
reporting
Where comprehensive
reporting of all Exploration
Results is not practicable,
representative reporting of
both low and high grades
and/or widths should be
practiced to avoid misleading
reporting of Exploration
Results.
ISABEL NICKEL PROJECT
N/A
WEST GUADALCANAL PROJECT
All significant drilling results for gold and silver are reported in the
appropriate table in ASX announcement 23 January 2015.
Other
substantive
exploration data
Other exploration data, if
meaningful and material,
should be reported including
(but not limited to): geological
observations; geophysical
survey results; geochemical
survey results; bulk
samples – size and method
of treatment; metallurgical
test results; bulk density,
groundwater, geotechnical
and rock characteristics;
potential deleterious or
contaminating substances.
ISABEL NICKEL PROJECT
Both INCO and Kaiser Engineers undertook circa 6,000 drill holes and pits,
feasibility studies and economic analysis.
Most of these studies were conducted prior to the establishment of the
JORC Code.
WEST GUADALCANAL PROJECT
Geological mapping by Axiom confirms significant zones of mineralisation
and alteration associated with an epithermal system occurs in the
target areas.
All trench locations sampled for the project is shown in figure 3 above.
Anomalous Au results are coloured.
Further work
The nature and scale of
planned further work
(eg tests for lateral extensions
or depth extensions or large-
scale step-out drilling).
Diagrams clearly highlighting
the areas of possible
extensions, including
the main geological
interpretations and future
drilling areas, provided
this information is not
commercially sensitive.
ISABEL NICKEL PROJECT
Ongoing testing:
––
Concentrating on smaller portion of deposit to prove up a resource
compliant with the JORC Code in anticipation of mining
Longer term testing of the larger deposit for long-term development.
WEST GUADALCANAL PROJECT
Axiom is targeting the western Hoilava area Further systematic trenching
and geological mapping are required to enable expansion of the current
drill program.
Reporting of Exploration Results
continued
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