Archer Exploration announces today that Mr. Marz Kord has tendered his resignation as a director of the Company, effective immediately, to pursue other business interests. The Board of Directors wishes to thank Mr. Kord for his contributions to the Company as a director and wish him the best in his future endeavours. About Archer Archer Exploration is a Canadian Ni-Cu-Co-PGE focused exploration and development company [...]
Archer Exploration Corp. is pleased to announce that drilling has commenced for the 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project in the Abitibi Greenstone Belt of Quebec, Canada. Highlights The first drill hole of the 2024 Winter Program will test the newly identified N9 electromagnetic conductor approximately 2 kilometres northeast of the Grasset Deposit While drilling the N9 target, downhole [...]
Archer Exploration Corp. is pleased to announce the results of its 2023 Fall drilling program at its 100% owned Grasset Nickel Project in the Abitibi Greenstone Belt of Quebec, Canada. Highlights Two holes drilled in December 2023 extend the H1 Discovery Zone by a depth of approximately 100 metres Hole GR23-07 intersected 0.44 metres of massive sulphides grading 2.97% Ni, 0.1% Cu, 4.1 g/t Pt-Pd under GR23-03 at a depth of [...]
Archer Exploration Corp. is pleased to announce the results of its Summer 2023 field program at the Gargoyle Ni-Cu-Co project in the Lumby Lake Greenstone Belt, located approximately 55 kilometres northeast of Atikokan, Ontario. Highlights The Gargoyle property hosts a 10 kilometre long succession of favourable ultramafic rocks hosting numerous untested conductors Ni-Cu-Co sulphide mineralization has been traced across [...]
Archer Exploration Corp. is pleased to announce that it has resumed drilling at its 100% owned Grasset Nickel Project in the Abitibi Greenstone Belt of Quebec, Canada. Highlights Drilling has resumed at Grasset and will test shallow depth extensions of the newly discovered nickel-rich massive sulphide zone identified by hole GR23-03 during Summer 2023 drilling At a depth of 330 metres, GR23-03 intersected 1.55% Ni, 0.18 [...]
Archer Exploration Corp. is pleased to announce that, further to its news releases dated October 23rd and November 15th, 2023, it has closed its non-brokered private placement for gross proceeds of $2,038,030. Pursuant to the Offering, the Company issued: 10,602,400 non flow-through units at a price of $0.08 per NFT Unit, 5,998,200 flow-through units at a price of $0.09 per FT Unit, and 6,500,000 Quebec flow-through units [...]
Archer Exploration Corp. is pleased to announce that it has received the final cash payment of $612,000 from Magna Mining Inc. due in connection with the sale of Lonmin Canada Inc. . On November 7, 2022, Magna closed its acquisition of Loncan, whose core asset was the Denison Project and past producing Crean Hill Ni-Cu-PGE mine in Sudbury, Ontario, for gross consideration of $16 million, including a $3 million deferred [...]
Archer Exploration Corp. is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to C$1,500,000 . The Offering will be comprised of: Quebec charity flow-through units to be sold at a price of $0.155 per CFT Unit; flow-through units to be sold at a price of $0.09 per FT Unit; and non-flow-through units to be sold at a price of $0.08 per NFT Unit. Each NFT Unit will be [...]
Archer Exploration Corp. is pleased to announce that it has engaged Generation IACP Inc. to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation. IACP will receive a fee of C$7,500 plus applicable taxes per month. The agreement between the Company and Generation is for an initial term of seven months and shall be [...]
Archer Exploration Corp. is pleased to announce that it is changing its fiscal year-end to December 31st, from its current fiscal year-end of September 30th. The notice for the year-end change required under National Instrument 51-102 has been filed under the Company's profile at www.sedarplus.ca . Archer believes this change of year-end will better align the Company's financial reporting periods to that of its peer group [...]
Archer Exploration Corp. is pleased to announce that it has received very encouraging results from down hole electromagnetic surveys recently completed on its 100%-owned Grasset Ni-Cu-Co PGE project located in the Abitibi Greenstone Belt of Quebec, Canada. Highlights Recently completed DHEM surveys yielded three new highly conductive plates within the H1 Horizon at Grasset The newly modeled plates begin 360 metres below [...]
Archer Exploration Corp. is pleased to announce that Archer's President & CEO, Tom Meyer, will be presenting live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on July 27th, 2023. Date: July 27th Time: 1:30 - 2:00 pm EST Registration: https://bit.ly/3Ne25Hz 1x1 Meeting Availability: July 27, 28, 31 & August 1 This will be a live, interactive online event where investors [...]
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