Archer Exploration advises that initial metallurgical test work results from Wilclo South oxide drill samples infer that 42-55% of the graphite is recoverable as flake product, in sizes ranging to Extra Large Flake >425µm at grades of approximately 92% graphitic carbon.Archer Exploration expects that concentrate grades from Wilclo South will improve with further process steps such as light regrinding and recleaner stages [...]
Archer Exploration AGM 2014 Chairman's AddressLadies and gentlemen, Thank you for joining us here today at our seventh Annual General Meeting. My name is Greg English and I am pleased to welcome you as Chairman of Archer Exploration. Despite tough economic conditions for exploration companies, the 2013/14 financial year was a successful and progressive period for Archer Exploration. The work undertaken during the [...]
Archer Exploration provide the Quarterly Activities Report including updates on the Campoona, Waddikee, Wilclo and Francis graphite projects, Leigh Creek magnesite and Spring Creek copper resources. GRAPHITE - Campoona Mine Lease Proposal (MLP) studies are 75% complete with submission to government planned in Q3 FY 2015. - Samples of final Campoona concentrate are being evaluated by a number of companies with a view to [...]
Archer Exploration made substantial progress in the evaluation of the 100% owned Campoona graphite deposit during 2014. Exploration and development activities included exploration drilling, estimation of a JORC 2012 Resource, further metallurgical bench scale test work and a detailed market assessment for the graphite products.
Resource drilling was completed at the Central Campoona graphite deposit with RC drilling on a [...]
Archer Exploration is pleased to announce that Archer and Foyson Resources Limited have entered into a confidential settlement agreement to settle all disputes between them concerning the Leigh Creek Magnesite Project.Foyson had commenced proceedings against Archer in the Supreme Court (refer to ASX announcement dated 2 July 2014) and these proceedings will now be discontinued.The execution of the settlement agreement [...]
Archer Exploration Shaw Stockbroking Graphite Conference - Eyre Peninsula graphite project Presentation. Archer has a large Position in a Premium Graphite Location and the following this summary is a link to the full presentation. Archer has assembled a portfolio of tenements covering ~2,100km2 near Cleve-Darke Peak-Kimba on Eyre Peninsula, South Australia. The Eyre Peninsula is Australia's premier graphite exploration [...]
Archer Exploration MD Gerard Anderson updates on the strategy and outlook for graphite and other projects. Interview with Gerard Anderson (Managing Director) In this Market Briefing interview, Gerard Anderson, Archer Exploration's Managing Director, discusses the company's strategic direction and current trading conditions, including:- The strategic approach and how the current portfolio fits - Current status of [...]
Archer Exploration has Australia's Largest Graphite Resource and has a track record of identifying projects and creating value. Archer today provides the company presentation, of which some highlights are reproduced below: 2008 - Began precious metal exploration at Sugarloaf tenement. 2009 - Land opportunities identified - manganese prospects
Archer Exploration is pleased to announce a combined JORC 2012 Graphite Resource at their Eyre Peninsula Project of 8.55Mt @ 9.0 Cg%. The Eyre Peninsular Project encompasses Campoona, Sugarloaf and recently acquired Wilclo South areas.This result is based on a 5% cut-off grade and utilises the JORC 2012 definition of 'reasonable prospects of eventual recovery' (refer to the appendix for a detailed summary of the [...]
Archer Exploration advises that Craig Gooden is retiring and has resigned as Company Secretary and Chief Financial Officer, effective 1st August 2014. Craig has agreed to be available for a further three months so that the change of this important role in the Company is achieved efficiently. Craig has been an integral part of the Company since its incorporation in 2007 and successful IPO in later that year. We have [...]
Archer Exploration is pleased to announce that the Minister has consented to the transfer of Waddikee EL4662 from Monax Mining Limited to Archer's wholly owned subsidiary Pirie Resources Pty Ltd. The total purchase price was $300,000.The Waddikee acquisition which complements Archer's existing flagship graphite projects on South Australia's Eyre Peninsula adds: The Wilclo South graphite deposit with a JORC [...]
During February and March 2014 geotechnical diamond drilling was completed at Archer Exploration wholly-owned Campoona graphite project located north of Cleve on South Australia's Eyre Peninsula. Highlights: - Three geotechnical diamond drill holes completed into the eastern and western pit walls to provide rock quality data to support detailed pit design. - Pit design to be completed during May 2014. - Four 22.9cm [...]
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