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

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Post by Easy2Mineon Oct 25, 2012 11:52am

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Post# 20523180

AXMIN - Advanced Stage Gold Project

Has invested Tens of Millions of Dollars To Date. A Bankaable Feasability Study has already been Established. As Recent as earlier this Yeat the CAR Government was Paid that $11 Million to secure the Property.....and all that is HUGELY DISCOUNTED Today....The MCap is a mere $16 Million...Severely Underpriced in this Market. A Re-adjustment Upward is in the Cards BIG TIME.

Archive: AXM is Getting Ready.....

Axmin soars after securing 25 year mining licence for Passendro Gold Project

9th Aug 2010, 5:21 pm by Ian Mclelland

Shares in AXMIN (TSX-V:AXM) popped after the African focused gold developer announced that it had secured a 25 year mining licence for the Passendro Gold Project in the Central African Republic (“CAR”)

Passendro Gold is a company making project.

Toronto based Axmin soared 44% on the news, and mark a significant milestone for the CAR too, as Axmin is seeking to build the country`s first modern gold mine

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