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Archer Exploration Ltd.
Summary
| Project: | Blue Hills | |
|---|---|---|
| Deposit: | Blue Hills | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 6/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-6-2017: Archer Exploration Ltd. announces an Exploration/Drilling Update report for its Blue Hills deposit at the Blue Hills project. Drilling results incl. 11m @ 0.32% Cu from 0m. Archer Exploration Ltd (ASX:AXE, Archer, Company) is pleased to report | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wade Bollenhagen (Internal) | |
| ABSTRACT: | Archer Exploration Ltd (ASX:AXE, Archer, Company) is pleased to report the latest results from the reverse circulation (RC) drilling program at the Company’s 100% owned Blue Hills Copper Project, located approximately 40km southeast of Peterborough, South Australia. The RC drilling campaign at Blue Hills was designed to test for copper mineralisation along strike and below historic copper workings located to the north of the Ketchowla Cobalt Manganese drilling. Greg English, Executive Chairman, commented, “It is pleasing to be able to report continued success at Blue Hills. These results have been obtained from our first drilling campaign, and it is encouraging that most recent intersections are displaying additional copper at surface, as we continue our exploration for the source of the mineralisation. All indications suggest that Blue Hills is a significant copper discovery.” Archer has commenced the re-processing of available geophysics data at Blue Hills. A ground based electro-magnetic (EM) survey and a comprehensive program of mapping and soil sampling will also be undertaken to further define the potential size of the mineralised zone and to assist with ongoing drill targeting. The above work program will be followed by a more targeted drilling program. The Company looks forward to progressively releasing further results as they come to hand. | |
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