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Archer Exploration Limited: Shaw Stockbroking Graphite Conference - Presentation

09.09.2014  |  ABN Newswire
Sydney, Australia (ABN Newswire) - Archer Exploration Ltd. (ASX:AXE) Shaw Stockbroking Graphite Conference - Eyre Peninsula graphite project Presentation.

Archer has a large Position in a Premium Graphite Location and the following this summary is a link to the full presentation.

- Archer has assembled a portfolio of tenements covering ~2,100km2 near Cleve-Darke Peak-Kimba on Eyre Peninsula, South Australia

- The Eyre Peninsula is Australia's premier graphite exploration and production region

- Australia is a highly attractive investment location due to its low geopolitical risk, quality infrastructure and skilled local workforce


Multiple Discovered Resources

- Combined JORC 2012 Resources for Campoona Shaft, Central Campoona and Wilclo South of 8.55Mt @ 9.0 Cg% to give 770,800t of contained graphite (5% Cg lower cut-off)
* Campoona Shaft Total: 1.65Mt @ 9.2 Cg%
* Central Campoona Total: 0.52Mt @ 11.2 Cg%
* Wilclo South Total: 6.38Mt @ 8.8 Cg%


High Quality Graphite

- Significant metallurgical tests at Campoona have been completed that demonstrate the ability to deliver high value fine graphite using conventional mechanical cell flotation (plant to be constructed at Sugarloaf)

- The portfolio provides optionality to deliver full spectrum of products to various end users

- Large and jumbo flake recovered from Wilclo South and Francis with petrology identifying further large flake potential at Cut-Snake, Balumbah and Argent


Exploration & Expansion Upside

- Less than 2% of the ~2,100km2 tenement package has been explored

- Drilling covers Reverse Circulation (RC) and Diamond Drilling

- High quality airborne EM and magnetic coverage across key areas

- Own land at Sugarloaf and have binding HoA covering land purchase at Campoona Shaft


Close to Existing Infrastructure Network

- Located close to existing and proposed infrastructure

- Power and major road infrastructure all located within the perimeter of the tenements with access to various port options

- Substantial saline groundwater aquifer located ~10km north of Sugarloaf has been drilled, tested and is expected to supply the full water needs of an extended project

To View the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-816944.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
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