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Archer Exploration Ltd.
Summary
| Project: | Eyre Peninsula | |
|---|---|---|
| Deposit: | Eyre Peninsula | |
| Location: | Australia | |
| Commodities: | Alumina | |
| Date: | 4/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-4-2020: Archer Exploration Ltd. announces an Exploration/Drilling Update report for its Eyre Peninsula deposit at the Eyre Peninsula project. Drilling results incl. 4m @ 36.8% Al2O3 from 17m. Archer Materials Limited (“Archer”, “Company”, “ASX:AXE”) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Wade Bollenhagen (Internal) | |
| ABSTRACT: | Archer Materials Limited (“Archer”, “Company”, “ASX:AXE”) is pleased to announce the results from the Company’s 100% owned Eyre Peninsula Halloysite-Kaolin Project (“EP Project”). The EP Project comprises the Kelly Tank, Bunora and Bunora East prospects (“Prospects”) and is located 115km west of the Whyalla Port, South Australia (Fig. 1). The EP Project is separate to the Company’s Franklyn Halloysite-Kaolin Project which is located approximately 220km east of the EP Project. The recent drilling completed at the EP Project was successful in recovering kaolin which in some instances has reported grades of up to 36.8% Al2O3 over downhole lengths of 18m (BLAC20-002, Fig. 5). A number of these samples will be selected for additional test work. Commenting on the drill results, Archer Executive Chairman Greg English said, “We are pleased with the results from the latest drilling at the EP Project with high-grade kaolin intercepted from the surface. To intercept high grade kaolin near the surface is a great result. The drill results from the EP Project complement the recent drill and metallurgical test results from the Franklyn Halloysite-Kaolin Project. As a Company, we are fortunate to have two substantial discrete Halloysite-Kaolin projects at Franklyn and the Eyre Peninsula”. | |
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