Adelaide, Australia (ABN Newswire) -
Archer Exploration Ltd. (ASX:AXE) SA Exploration and Mining Conference - Presentation.
Australia's largest JORC 2012 Graphite Resource
Executive Summary
1 Large Position in a Premium Graphite Location
- 2,154km2 of tenements near Cleve-Darke Peak-Kimba on Eyre Peninsula, South Australia
- Eyre Peninsula is Australia's premier graphite exploration and production region
2 Multiple Discovered Resources
- Combined JORC 2012 Resources for Campoona Shaft, Central Campoona and Wilclo South of 8.55Mt@9.0% Cg to give 770,800t of contained graphite
- Campoona Shaft Total: 1.65Mt@9.2% Cg (151,400t contained graphite)
- Central Campoona Total: 0.52Mt@11.1% Cg (58,000t contained graphite)
- Wilclo South Total: 6.38Mt@8.8% Cg (561,400t contained graphite)
3 High Quality Graphite
- Comprehensive metallurgical tests completed that demonstrate the ability to deliver high purity, high value, crystalline fine graphite (plant to be constructed at Sugarloaf)
- Campoona Shaft graphite compares very well with synthetic graphite in lithium-ion batteries
- Large to jumbo Flake recovered from Wilclo South and Francis and further Flake deposits indicated atWilclo, Cut-Snake, Balumbah and Argent
4 Research Unlocking Product Potential
- Sugarloaf "carbon" has unique physical and chemical properties that reinforce potential as broad acre, dryland soil conditioner
- Pure graphene products derived from leached graphite concentrates
5 Exploration & Expansion Upside
- High quality airborne EMand magnetic coverage across key areas
- Numerous drilled graphite prospects requiring small amount of additional drilling to reach Resource status
- High quality EMcoverage strongly indicates Prospect continuity
6 Close to Existing Infrastructure Network
- Power and major road infrastructure all located within the perimeter of the tenements with access to various port options
- Substantial groundwater aquifer (Pindari) located ˜10km north of Sugarloaf plant site to supply the full process water needs of extended project. Agreement signed with SA Water for the supply of potable water to project
- Archer owns land at Sugarloaf and has a legally binding agreement to purchase land at Campoona Shaft
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-897167.pdf
About Archer Exploration Limited:
Archer Exploration Ltd. (ASX:AXE) is an Australian Stock Exchange listed company with 100% ownership of 15 tenements and one Exploration Licence Application all in South Australia covering 6,053 km2.
Archer also has the rights to all minerals other than uranium on EL4693 covering a further 816 km2. Archer's main project is the Campoona Graphite Project which is located within reach of established and major developing infrastructure. It has a JORC 2004 Resource of 5.27 million tonnes @ 7.6 % TC (based on 2% TC cut-off).
Contact:
Archer Exploration Ltd.
T: +61 8 8272 3288
E: info@archerexploration.com.au
www.archerexploration.com.au
