Archer Exploration Limited: Presentation to New York Graphite & Graphene Conference
26.11.2013 | ABN Newswire
Perth, Australia (ABN Newswire) - Archer Exploration Ltd. (ASX:AXE) Presentation to New York Graphite & Graphene ConferenceKey Highlights:
Quality: Expect base product =98% C. Purification remains untested beyond basic re-cleaning.
Recovery: Excellent recoveries for all geologic horizons.
Grade: 12.3%C places Campoona in the upper quartile of emerging graphite projects. Value adding potential: Graphene extraction and product applications. Other test results pending.
Long-Life: Phase 1 JORC Resource could support >15 year project. Resource additions expected.
Exploration: 1,100km2 land position in graphite province. Many untested graphite occurrences. Sugarloaf Exploration Target of 40 - 70Mt grading 10-12% total carbon*.
*The potential quantities and grades presented are conceptual in nature, there has been insufficient exploration to define an overall Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource
Mining: Predominantly free-dig, open cut mining with low overall strip ratio. Infrastructure: Critical infrastructure - roads, power, water, accommodation and services all in area.
Land: Company owns and has a binding HoA over the freehold land needed to commence operations.
Low Sovereign Risk: South Australia one of the world's most stable AAA mining jurisdictions.
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-769669.pdf
About Archer Exploration Limited:
Archer Exploration Ltd. (ASX:AXE) is a graphite, magnesite, copper, gold and manganese explorer focused on the discovery of world-class ore deposits.
The company has carefully acquired a portfolio of projects, covering an area in excess of 5300 km2, in the highly prospective Gawler Craton and Adelaide Fold Belt regions of South Australia. All projects are 100% owned by the Company.
Archer also has earned the right to 100% of minerals other than uranium on EL4693 Wildhorse Plain located near Cleve on Eyre Peninsula.
The Company's flagship Campoona and Sugarloaf graphite deposits occur in the Cleve district where the Company has tenure of 933km2 in the emerging graphite province.
Archer Exploration Ltd. has an experienced board and management team and has the ability to maximise the potential of the company's world-class projects.
Contact:
Archer Exploration Ltd.
T: +61-8-8272-3288
WWW: www.archerexploration.com.au