Archer Exploration Limited: Australia's Largest Graphite Resource - Presentation

Adelaide, Australia (ABN Newswire) - Archer Exploration Ltd. (ASX:AXE) 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:


Track Record Timeline:

2008 - Began precious metal exploration at Sugarloaf tenement
2009 - Land opportunities identified - manganese prospects
2010 - Leigh Creek magnesite acquired - manganese drilling - graphite intersections at Sugarloaf
2011 - Drilling commenced on Campoona graphite deposits
2012 - Sold West Roxby Area IOCGU project to BHP for $8m - Maiden JORC graphite resource at Campoona
2013 - Acquired Sugarloaf property - Campoona drilling - graphene research development with Adelaide University
2014 - Purchased Waddikee graphite project | Undertaking Strategic Review of Leigh Creek Magnesite project


Campoona: high grade, fine flake graphite

- High quality fine flake graphite concentrates on both Campoona Shaft and Central Campoona

- Bulk flotation tests provided concentrates grading 92 - 98% Cg

- acid cleaning upgrades concentrates >98% Cg - 99.7% Cg

- Excellent recoveries for all geologic horizons

- Robust results provide confidence for Archer to enter the higher value end of the graphite market

- Campoona Shaft is on freehold pastoral land and has a binding agreement over sufficient land at Campoona Shaft for mining to proceed


Graphite demand

Macro environment: a growing market with a bright future

- Chinese supply (~70% of market) is declining due to mine closures, increasing costs and environmental challenges

- Emerging production capacity especially in Africa & Australia

- Graphite identified as a critical industrial mineral by USA & UK

- Target markets include:
Batteries - dry cell, alkaline and lithium-ion
Recarburisation of steel
Brake pads
Carbon brushes
Lubricants and greases


Archer Exploration market engagement

- High purity graphite concentrates to be provided to specific market segments for assessment

- Market interest from Asia and North America

- Seeking to negotiate pre-sale and offtake agreements with prospective buyers

- Research agreement entered with Adelaide University to focus on new product opportunities for Archer graphite and graphene products


The Eyre Peninsula Project

Significant graphite tenements

- Substantial tenement position (˜2,100km2) in graphite province

- recently extended with the purchase of the Waddikee tenement

- Key projects include Campoona Shaft, Central Campoona, and Wilclo South

- There are an additional 10 graphite prospects with large exploration upside

- current contained resource likely to grow appreciably with further drilling

- high quality EM has identified numerous distinct linear conductors

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-810740.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
www.archerexploration.com.au