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AXMIN Inc V.AXM.H

Alternate Symbol(s):  AXMIF

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

Comment by Tree2treeon Jul 07, 2021 11:00am
212 Views
Post# 33505173

RE:EDV, page 48 confirms plans and potential for Senegal

RE:EDV, page 48 confirms plans and potential for Senegal
Poor sad, lonely Dragoon.  It would serve him right to spend the rest of his life trying to talk life into this dead company.

What the EDV presentation actually shows (page 88), is that exploration in Senegal is focused around Massawa, the new acquisition, which is exactly in the opposite direction from the so-called AXM permits.  The decades-old permits linked to AXM are completely dormant.  Who knows if the permits are even still valid?  Not even a mention of AXM in the presentation.
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