All Projects
Axiom Mining was initially a Vietnam dedicated exploration-mining company and has maintained a full time presence in Vietnam. In 2004-05 the Company through its Australian subsidiary Ozmin Resources acquired 100% interests in six exploration projects in Queensland, Australia. Now Axiom has two centres of operation in the Asia Pacific region, being Vietnam and Australia.
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Axiom has interests, held through project specific controlled Australian corporate entities, in three projects in Central and North-West Vietnam.
In Queensland, the combination of generally soft metal prices and the delay in the introduction of effective native title legislation resulted in the comparatively low levels of exploration activity from the late 1980s. The recent increase in the issue of exploration titles by the Queensland authorities and the recent increase in metal prices has contributed to significant growth in exploration activity in the state.
In 2004-05, Axiom Mining acquired and subsequently expanded a portfolio of mineral projects in North Queensland. Three of these Projects (Cardross, OK Mines and Mt Molloy) offer immediate targets for exploration drilling, 2 of which are currently being drilled.