Archer Exploration are pleased to provide the quarterly activities report for the period ending 30th June 2012. Resource drilling totalling 27 RC drill holes for 2,387 metres was completed in two drill programmes at the high grade Campoona Shaft area of the Campoona graphite deposit during the Quarter.
Archer provides the opportunity to listen to anaudio broadcast with Mr. Gerard Anderson, Managing Director, in apresentation relating to the Company's graphite projects. To listen, click on this link.
Archer advises that the RC component of resource drilling over the Campoona Shaft portion of the Campoona Graphite Deposit has been completed. The Company's 100% owned Campoona Graphite Project is located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia. Drilling in February and again in April 2012 confirmed the [...]
Archer Exploration are pleased to provide a Campoona Metallurgy and Drilling Update, highlights include; the final metallurgy results from the composited RC samples returned, RC drill program commenced on 23rd May 2012 near completion, a program of HQ diamond drill holes commenced 27th June 2012, Diamond drilling will support the estimation of JORC [...]
Archer advises that a program of 2,000 line km of RepTEM has commenced over Archer's Campoona Graphite Deposit and its northeastern and southwestern strike extensions as well as covering Archer's main regional graphite targets (Figs 1 & 2). The Company's 100% owned Campoona Graphite Project is located approximately 12km north of the township of [...]
Archer through its wholly owned subsidiary Kensington Exploration Pty Ltd, this morning completed the sale of the Company's five West Roxby exploration tenements to BHP Billiton. At Completion Archer received a payment of $8.0 million resulting in the Company having over $13.0 million cash in bank to fund its work programs.
The Board of Archer is pleased to announce the appointment of Dr David Lock effective today to head the Company's metallurgical testing, process flow sheet definition, pilot plant testing and operating plant design for the Campoona Graphite Deposit. Dr Lock is a leading World expert in Geochemistry, Assaying, Mineral Processing, Mineralogy [...]
Archer advises that initial metallurgical test work results from Campoona drill samples drilled in February and April 2012 have been received. The Company's 100% owned Campoona Graphite Project is located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia. Drilling by the Company in February and in April 2012 [...]
Archer advises that following the sale of the remaining shares held in Archer by Hudson Resources, Mr. Peter Meers has resigned as a Director of Archer, effective immediately. The Honourable John Dawkins AO is currently overseas but has notified the Chairman that he intends to resign as a Director of Archer within the next week. Archer will notify [...]
Archer Exploration advises that resource drilling recommenced on the 23rd May 2012 at the Company's 100% owned Campoona Graphite Project located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia. Drilling by the Company in February and again in April 2012 confirmed the presence of visible flake graphite within a [...]
As advised in the release to the ASX on 3 May 2012, the Archer Exploration Share Purchase Plan (SPP) was oversubscribed and closed early with applications received by mail postmarked 3 May 2012 or earlier, or BPay up to 6.00 pm on 3 May 2012 to be accepted. Application monies received after the close will be fully refunded.
On the 15th March 2012 Archer Exploration announced that it had commenced a staged resource drilling programme at the Company's 100% owned Campoona Graphite Deposit located approximately 12km north of the township of Cleve on Eyre Peninsula, South Australia. The first stage of drilling was conducted between 14th March and 7th April 2012 and [...]