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Archer Exploration Ltd.
Summary
| Project: | Franklyn | |
|---|---|---|
| Deposit: | Franklyn | |
| Location: | Australia | |
| Commodities: | Alumina | |
| Date: | 1/15/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-1-2020: Archer Exploration Ltd. announces an Exploration/Drilling Update report for its Franklyn deposit at the Franklyn project. Drilling results incl. 17m @ 22.0% Al2O3 from 17m. Archer Materials Limited (“Archer”, the “Company”, “ASX:AXE”) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wade Bollenhagen (Internal) | |
| ABSTRACT: | Archer Materials Limited (“Archer”, the “Company”, “ASX:AXE”) is pleased to provide the first assay results of the drilling at the Company’s 100% owned Franklyn Halloysite-Kaolin Project (“Franklyn Project”). The Franklyn Project is located approximately 220 km north of Adelaide, South Australia (Fig.1). Archer completed the aircore drill program in Dec 2019 and composite samples were submitted for analyses from the Company’s Franklyn Halloysite-Kaolin Project(ASX Announcement 4 Dec 2019). A total of 21 holes were drilled for a total of 676 drill metres and an average depth of 32 metres per hole. The drill program was originally designed to drill 18 holes to an average depth of 47 metres for a total of 850 drill metres (ASX announcement 18 November 2019). The kaolin (an alumina-based clay, see Industry Background) was found to be closer to the surface than originally anticipated meaning that shallower drill holes were required. All holes were drilled either adjacent to, or on, existing tracks to avoid the need to excavate new tracks and minimise costs (Fig. 1). The kaolin mineralisation at Franklyn Project covers an extensive area and the positioning of the existing tracks allowed Archer to drill test the weathered granite that forms the kaolin mineralisation. | |
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