Archer through its wholly owned subsidiary Kensington Exploration Pty Ltd, has signed a Sale and Purchase Agreement with BHP Billiton relating to the sale of five (5) exploration tenements. The Sale and Purchase Agreement supersedes a previous Heads of Agreement first announced on 28th December 2011 which contemplated a joint venture between the [...]
On the 15th March 2012 the Archer 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 consisted of thirty RC and RC aircore drill holes aggregating 1,528 [...]
The Directors of Archer Exploration are pleased to advise that a 15 hole RC drill programme testing Sugarloaf, Campoona, Grid 2 and Council Pit graphite deposits was completed on 18th February 2011. The Sugarloaf graphite deposit is located on EL 3711 Carappee Hill located 10km east of Darke Peak. The Campoona and Grid 2 graphite deposits are [...]
Archer is pleased to announce that a Heads of Agreement between Archer Exploration and BHP Billiton Olympic Dam Corporation Pty Ltd covering the sale of an 80% legal and beneficial interest in Archer's five West Roxby tenements was signed on 23nd December 2011. The Tenements host a number of undrilled exploration targets including potential IOCG [...]
Archer Exploration release a copy of the Chairman's Address to shareholders at the Company's Annual General Meeting 2011. Good morning ladies and gentlemen, my name is Greg English and as Chairman of Archer Exploration it is my pleasure to welcome you to Archer's fourth Annual General Meeting.
Archer Exploration advises that the drilling programme at the Company's Campoona South and Grid 2 graphite deposits has been completed. Drilling consisted of 9 RC drill holes for an aggregate 451 metres and was terminated 2 holes short due to heavy rain in the Cleve - Darke Peak area over recent days.
Archer Exploration are pleased to advise that a 10 hole RC drill programme testing the Campoona South and Grid 2 graphite deposits commenced on 17th October 2011. The drill targets are located in the northwestern portion of EL4693 Wildhorse Plain located between Cleve and Darke Peak on Eyre Peninsula, South Australia.
As previously announced Archer completed a series of drill holes in 2008 testing anomalous copper-gold results grading >0.1g/t Au recorded in close-spaced rock chip samples taken at Sugarloaf. Archer recovered samples from two of those drill holes, CHRC011 and CHRC012, to assay for carbon. These results have now been returned and show that the [...]
The potential for a new graphite province in the Cleve area of South Australia's Eyre Peninsula has been further strengthened with new results by Archer Exploration adding to a suite of similar results released by the Company over the past two months. Archer is pleased to announce today petrology results for four additional locations on two [...]
