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Archer Exploration Ltd.
Summary
| Project: | Jamieson Tank | |
|---|---|---|
| Deposit: | Jamieson Tank | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2018: Archer Exploration Ltd. announces a Resource Estimation report for its Jamieson Tank deposit at the Jamieson Tank project. Exploration target for Jamieson Tank project. Archer Exploration Limited (ASX:AXE, Archer or the Company) is pleased to an | |
| Resources: | Exploration Target range of: 15Mt - 25Mt @ 8% - 12% Mn at Jamieson Tank | |
| CP/QP: | [Overall Report]: Wade Bollenhagen (Internal) | |
| ABSTRACT: | Archer Exploration Limited (ASX:AXE, Archer or the Company) is pleased to announce an Exploration Target for its Jamieson Tank Manganese project located near Cleve, South Australia. The project area is located within close proximity to existing power, water and other critical infrastructure. A review of historical drill results has resulted in the establishment of a maiden exploration target of 15Mt - 25Mt at a grade of 8 - 12% manganese for the Jamieson Tank Manganese Project. Investors should be aware that the potential quantity and grade of the Exploration Target is 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. The Exploration Target is based on historical drilling, across 208 drill holes, undertaken by Archer (2008 - 2011) and Monax Mining Ltd (2008 – 2012). This historical drilling intersected substantial widths of manganese mineralisation over an extensive area. Follow-up exploration activities planned by Archer including geophysical surveys, drilling (including diamond drilling) | |
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