AVQ 0.00% 2.5¢ axiom mining limited

Ann: Further drill results at San Jorge Island, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,033 Posts.
    lightbulb Created with Sketch. 217


     So you reckon they should have started drilling on SJ 2 years ago. The question is why didn't they? Simply put the Mines Minster failed to issue a ML and as you know he was corrupt so it didn't make sense to drill without a ML and incur costs not knowing if a ML would ever be issued. If they did you and others of your ilk would have been the first to complain that the company was wasting money drilling on a tenement they don't own as you have already said with K. It's called double standards or damned if you do damned if you don't.

    Again you don't understand what you're talking about. The average grades at K was 1.1% and 0.9 at SJ. However, since recent drilling, the grades have proven to be the same as K as per the latest chart. Also at much deeper depths  grades are 2 to 3.5%.

 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.