Archer Exploration Limited Campoona Baseline Environmental Studies Award
20.09.2012 | Marketwire
11:21 AEST Sept 20, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.Adelaide, Australia (ABN Newswire) - Archer Exploration Limited (ASX:AXE) is please to advise that the contract to undertake baseline flora and fauna studies for the Campoona Graphite Project has been awarded to Golder Associates Pty Ltd.
Baseline flora and fauna studies are an important element for any future Program for Environmental Protection and Rehabilitation (PEPR) as required by the Department of Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) prior to the grant of a Mining Lease. The studies will be undertaken during September - November 2012 to ensure data is collected during the Spring period.
Archer's Managing Director, Gerard Anderson, commented: 'The commencement of the environmental studies reflects management's confidence in the Campoona Project. It is a requirement of a PEPR that baseline flora and fauna studies are conducted across at least one Spring period.'
About Archer Exploration Limited:
Archer Exploration Limited (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 Limited 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 Limited
T: +61-8-8272-3288
WWW: www.archerexploration.com.au