For thousands of other reports visit RSC's Mineral Intellingence Map

Archer Exploration Ltd.

opaxe

Summary

Project:

Franklyn

Deposit:Franklyn
Location:Australia
Commodities:Alumina
Date:11/7/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resources Definition
Report details:7-11-2019: Archer Exploration Ltd. announces a Resource Estimation report for its Franklyn deposit at the Franklyn project. Exploration target calculated for project. Archer Minerals Limited (“Archer”, “Company”) is pleased to announce a maiden Exploratio
Resources:Exploration Target: 45-91Mt @ 30-36% Al2O3
CP/QP:[Overall Report]: Wade Bollenhagen (Internal)
ABSTRACT:Archer Minerals Limited (“Archer”, “Company”) is pleased to announce a maiden Exploration Target for its Franklyn Halloysite-Kaolin Project (“Franklyn Project”) located approximately 80km East of Jamestown, South Australia (Fig. 1). A review of historical drill results has resulted in the establishment of a maiden kaolin Exploration Target at Franklyn of 45Mt – 91Mt at a grade of 30 – 36% Al2O3 (-45 µm size fraction). The Franklyn Exploration Target is in addition to the Eyre Peninsula Kaolin Project Exploration Target of 55Mt – 130Mt at a grade of 33 – 36% Al2O3 (-53 µm size fraction) (ASX announcement 19/08/19). Investors should be aware that the potential quantity and grade of the Exploration Targets reported are conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource at Franklyn or the Eyre Peninsula.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report