Battery grade graphite and magnesite developer, Archer Exploration has expanded its lithium prospective holdings on South Australia's Eyre Peninsula with the acquisition of additional acreage hosting lithium prospective pegmatite rocks. Highlights: - New lithium prospective tenement on Eyre Peninsula acquired along strike of historic spodumene [...]
Archer Exploration and Bowmans Intermodal Pty Ltd have signed a heads of agreement to identify opportunities to jointly progress the development of rail infrastructure at Leigh Creek to support Archer's Leigh Creek Magnesite Project and a possible Bowmans Leigh Creek Intermodal Facility. Bowmans is a joint venture between Toll Group and Balco and [...]
Archer Exploration has identified multiple occurrences of outcropping pegmatite on the Company's Eyre Peninsula Project which hosts the Company's Campoona battery grade graphite project. The tenement area also contains extensive outcropping pegmatite veins with tourmaline and associated tin mineralisation and historic spodumene occurrences reported [...]
Adelaide, Australia (ABN Newswire) - On behalf of the Board of Archer Exploration Ltd. (ASX:AXE), I am pleased to offer Eligible Shareholders with the opportunity to subscribe for up to $15,000 of new fully paid ordinary shares in the Company (New Shares), free of brokerage and commission, under a Share Purchase Plan (SPP or Plan). Eligible [...]
Archer Exploratio is pleased to announce that the Exploration Development Incentive Scheme (EDI) Credits - 2015/2016 Entitlement Statement (Statement) has been sent to all Eligible Shareholders. The Company advises that $162,441 EDI credits have now been distributed to Eligible Shareholders on a pro rata basis, which equates to 0.1916 cents per [...]
The board of Archer Exploration is pleased to announce: - A Share Purchase Plan of up to $0.5 million to be offered to all eligible shareholders at a price of 8.0 cents per new share. Eligible shareholders will be also be entitled to receive one free attaching unlisted option for every one new Share subscribed for under the SPP. Each unlisted [...]
Archer Exploration are pleased to provide the Company's Quarterly Activities Report for March 2016. MARCH 2016 QUARTER HIGHLIGHTS Graphite - Campoona Mining Lease Proposal amended to include small-scale start-up operation to allow for product accreditation phase and the incorporation of the production of graphene - MLP available for lodging May [...]
Archer Exploration are pleased to provide the Company's latest Investor Presentation. Key investment takeaways: Emerging Industrial Minerals Producer - Cryptocrystalline magnesite has superior physical and chemical characteristics enabling the production of high value magnesia products - Management has extensive magnesite marketing expertise [...]
Archer Exploration is pleased to announce that it has updated the Mineral Resource for its Mount Hutton Central Deposit in accordance with JORC 2012 code. The Mount Hutton Central Deposit, sits within the 100% owned Mount Hutton Magnesite Project which itself is part of the much larger Leigh Creek Magnesite Project, located approximately 20 [...]
Archer Exploration announces that Mr Gerard Anderson has resigned as Managing Director of the Company effective 30 June 2016, when his contract ends. Gerard has been instrumental in the progression of the Company's exploration projects and in particular the development of the Eyre Peninsula Graphite Project, host of the Company's Campoona Shaft [...]
Archer Exploration has been advised by the Australian Taxation Office (ATO) that its application to participate in the EDI has been accepted. Highlights: - Archer has been successful in its application for participation in the Federal Government's Exploration and Development Incentive Scheme (EDI). - ATO confirms modulation factor of 1, meaning [...]
