AXMIN Inc V.AXM.H

Alternate Symbol(s): AXMIF

Metals & Mining Gold

AXMIN Inc. is a Canadian exploration and development company with a focus on Central and West Africa. The Company, through its wholly owned subsidiaries, has exploration projects in the Central African Republic (CAR) and Senegal. The Company’s primary asset is the Passendro Gold Project situated in the CAR. It holds a 100% interest in the Bambari properties, which consists of a mining license (355 square kilometers) and two exploration licenses, Bambari 1 and 2 (1,240 square kilometers). The Passendro Gold Project is situated in the center of the mining license, which is ring-fenced by the two Bambari exploration licenses. The Company, through its joint venture partner and manager, Sabodala Mining Company SARL (SMC) owns approximately 20% interest in Sounkounkou, Heremokono and Sabodala NW exploration licenses (the Project) located in the Birimian belt of eastern Senegal. The Company's subsidiaries include AXMIN Limited (BVI), Aurafrique SARL (CAR), SOMIO Toungou SA (CAR), and others.

TSXV:AXM.H - Post by User

AXMIN Inc

Bullboard Posts

Comment by sgandzaon Sep 27, 2012 8:57am

137 Views

Post# 20419546

RE: Has anyone talked to the company lately?

In the update from Aug 15, the company had this to say about drilling...

Exploration drilling has been suspended to allow for hydrogeological drilling testwork to assist in the Water Management Plan being developed by AMEC. Completion of the testwork is expected in mid-Q4 after which both rigs will be devoted to exploration drilling.

So don't expect any news about results.

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