http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Tue, 12 Dec 2017 07:47:28 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Archer Exploration to reveal latest lease details for Campoona graphite ]]> http://www.proactiveinvestors.com.au/companies/news/188400/archer-exploration-to-reveal-latest-lease-details-for-campoona-graphite-188400.html Archer Exploration Ltd's (ASX:AXE) shares are in pre-open this morning following the ASX granting the company a trading halt, pending details on its Campoona Mine Lease Application.

The lease is the proposed site of the proposed Campoona Shaft graphite mine in South Australia.

Archer has been receiving strong support from shareholders recently, securing $3 million in a share purchase plan, which had valid applications for more than double this amount.

The halt will remain in place until the opening of trade on Monday 11th December 2017, or earlier if an announcement is made to the market.

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Thu, 07 Dec 2017 10:26:00 +1100 http://www.proactiveinvestors.com.au/companies/news/188400/archer-exploration-to-reveal-latest-lease-details-for-campoona-graphite-188400.html
<![CDATA[News - Archer Exploration finds gold in Blue Hills Copper Project ]]> http://www.proactiveinvestors.com.au/companies/news/182342/archer-exploration-finds-gold-in-blue-hills-copper-project-182342.html Archer Exploration (ASX:AXE) has revealed the latest assays from its Blue Hills Copper Project in South Australia, with up to 0.76 g/t gold reported along with copper.

The best gold results include:

- 1 metre at 0.76 g/t gold from surface;
- 10 metres at 0.15 g/t gold from surface; and
- 6 metres at 0.12 g/t gold from surface.

The company had completed a reconnaissance drill program at Blue Hills In May 2017.

A total of 16 reverse circulation holes were drilled, targeting unrecorded historic workings in the area.

Importantly, the drill campaign was successful in identifying significant copper mineralisation along strike and below historic copper workings, including 23 metres at 0.3% copper from surface.

The drilling was followed up with a regional rock chip sampling program which showed the presence of gold in the area. As a result of this discovery, the company re-assayed the drill samples for gold.

The co-mingling of copper and gold at Blue Hills is important as it shows that these minerals have been deposited by a single process, consistent with intrusive style mineralisation.

Whilst these types of deposits do not have the highest grades of ore, they tend to have large overall resources.

Archer has commenced a systemic soil and rock chip sampling over the area of the Blue Hills copper anomaly, to expand the mineralisation footprint and aid in the identification of future drill targets.

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Mon, 14 Aug 2017 09:32:00 +1000 http://www.proactiveinvestors.com.au/companies/news/182342/archer-exploration-finds-gold-in-blue-hills-copper-project-182342.html
<![CDATA[News - Archer Exploration Ltd to develop new graphene based products ]]> http://www.proactiveinvestors.com.au/companies/news/180798/archer-exploration-ltd-to-develop-new-graphene-based-products-180798.html Archer Exploration Ltd (ASX:AXE) has entered into an agreement with the Australian Research Council (ARC) to collaborate on the ARC Graphene Research Hub.

The aim of the ARC Graphene Research Hub is to provide leading knowledge, innovative research and development for the commercialisation of graphene research.

This is to create future carbon based high-tech industries and technologies across broad sectors.

The main aim of Archer’s work is the development of scalable graphene production processes for the company’s numerous graphite deposits.

Importantly, the worldwide consumption of graphene is expected to grow exponentially as more uses are found and graphene products are developed.

The ARC Graphene Research Hub is funded by the Australian Government, through the Australian Research Council’s Industrial Transformation Research Hubs scheme.

Under the agreement between Archer and the other ARC Graphene Research Hub participants, Archer will participate in many projects including:

- Development of a series of graphene based products to establish lab/pilot scale graphene production; and
- develop processes for the scalable production of high quality graphene and the optimisation of production rate, yield, quality, purity, environmental impact, cost and sustainability;

The Campoona project is the most advanced of Archer's Eyre Peninsula Graphite projects.

Archer has lodged a mining lease application (MLA) for the Campoona graphite mine and associated miscellaneous purpose licences for the Sugarloaf graphite and graphene processing facility.

As part of the MLA, Archer is seeking approval for the manufacture of up to 100 tonnes per annum of graphene.

The company is anticipating the grant of the mining tenements by the end of the current quarter.

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Thu, 13 Jul 2017 10:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/180798/archer-exploration-ltd-to-develop-new-graphene-based-products-180798.html
<![CDATA[News - Archer Exploration samples cobalt ahead of Ketchowla drilling ]]> http://www.proactiveinvestors.com.au/companies/news/174958/archer-exploration-samples-cobalt-ahead-of-ketchowla-drilling-174958.html Archer Exploration (ASX:AXE) has identified further high-grade cobalt in rock chips with the highest grade of 0.64% cobalt, at its Ketchowla Cobalt Manganese Project in South Australia.

The Ketchowla Project is located circa 45 kilometres north of Burra and 200 kilometres north of Adelaide.

A total of 18 samples were collected from the K1, K2 and K8 prospects with 17 samples reporting grades of > 0.1% cobalt, with an average grade of 0.28% cobalt.

In addition to cobalt, manganese grades of more than 50% were reported at several locations.  The average grade reported was 37.3% manganese.

The known mineralisation from K2 to K9 prospects demonstrate the potential size (30 kilometres strike length) of the mineralising system at Ketchowla.

The exploration was undertaken as part of the preparatory work for the upcoming Ketchowla reverse circulation drilling program which is scheduled to commence in late April.

Earlier this month, Archer raised $1.89 million from a share placement at an issue price of $0.07 per share.

The funds will be used for the upcoming Ketchowla drilling program and to accelerate cobalt focussed exploration activities at Polinga, Broken Hill and on Archer’s other tenements.

The Ketchowla drill program will aim to build on the near surface, high-grade cobalt discovered by Archer from the maiden Ketchowla drill program completed in 2010.

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Fri, 17 Mar 2017 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/174958/archer-exploration-samples-cobalt-ahead-of-ketchowla-drilling-174958.html
<![CDATA[News - Archer Exploration shares rise on new addition to its cobalt portfolio ]]> http://www.proactiveinvestors.com.au/companies/news/173239/archer-exploration-shares-rise-on-new-addition-to-its-cobalt-portfolio-173239.html Archer Exploration (ASX:AXE) has lodged two exploration licence applications in New South Wales, adding areas of known cobalt mineralisation to its existing portfolio of cobalt projects.

The company’s shares were last trading 8.33% higher intra-day on Thursday, at $0.078.

Archer’s new Great Northern Project covers an area of 381 square kilometres and is located 20 kilometres northwest of Broken Hill in New South Wales.

The project area covers known outcrops of the Himalaya Formation, which host Cobalt Blue Holdings’ (ASX:COB) Pyrite Hill, Big Hill and Railway deposits containing 33.1 million tonnes at 0.083% cobalt.

The Himalaya Formation is one of the most prospective areas for cobalt mineralisation in New South Wales.

The tenement areas are close to existing town, rail, road and other critical infrastructure.

Archer’s total cobalt exploration tenure now exceeds 2,000 square kilometres.

The company is focused on developing its existing cobalt tenements, which include:

- The Ketchowla Project in South Australia, where Archer has previously reported high cobalt in rock chips (up to 0.59% cobalt) and drilling (11 metres at 0.14% cobalt from 6 metres).

- The Pollinga Project in South Australia, where Archer has mapped the main structure over 10 kilometres with grades of up to 0.2% cobalt from 32 metres.

Over the coming weeks, Archer is expected to update the market regarding the progress on its existing cobalt projects and the expansion of its cobalt-focussed tenement holdings.

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Thu, 16 Feb 2017 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/173239/archer-exploration-shares-rise-on-new-addition-to-its-cobalt-portfolio-173239.html
<![CDATA[News - Archer Exploration Ltd to reveal joint venture transaction ]]> http://www.proactiveinvestors.com.au/companies/news/165609/archer-exploration-ltd-to-reveal-joint-venture-transaction-70717.html Archer Exploration Ltd (ASX:AXE) has been granted a trading halt by the ASX, pending the finalisation of a significant joint venture transaction.

The halt will remain in place until the opening of trade on Wednesday 31st August 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Mon, 29 Aug 2016 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165609/archer-exploration-ltd-to-reveal-joint-venture-transaction-70717.html
<![CDATA[News - Archer Exploration doubles strike of graphite mineralisation in South Australia ]]> http://www.proactiveinvestors.com.au/companies/news/148580/archer-exploration-doubles-strike-of-graphite-mineralisation-in-south-australia-60584.html Archer Exploration’s (ASX:AXE) drilling has almost double the strike length of graphite mineralisation to 1.1 kilometre at the Wilclo South Project in South Australia’s Eyre Peninsula.

The six reverse circulation holes totalling 519 metres also provided further evidence that the large flake characteristics of the graphite extends to at least this distance along the anomaly.

Wilclo South currently has a JORC2012 graphite resource of 6.38 million tonnes at 8.8% Cg.

The deposit remains open to the north and south for several kilometres.

Waddikee EL4662 is located between the townships of Cleve and Kimba on Central Eyre Peninsula.

The 999 square kilometre tenement is situated immediately north of Archer’s main graphite interests on EL4693 Wildhorse Plain.

Waddikee has a number of graphite prospects that have been evaluated using combinations of geophysics (airborne magnetic and electromagnetic surveys), rock chip sampling and detailed petrology.

Wilclo South which has a strong EM anomaly has been the focus of most of the previous drilling campaigns and the most successful within this tenement to date.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 09 Feb 2015 16:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/148580/archer-exploration-doubles-strike-of-graphite-mineralisation-in-south-australia-60584.html
<![CDATA[News - Archer Exploration intersects gold at Bartel in South Australia ]]> http://www.proactiveinvestors.com.au/companies/news/148578/archer-exploration-intersects-gold-at-bartel-in-south-australia-55263.html Archer Exploration (ASX:AXE) has intersected broad gold mineralisation at Bartel in South Australia.

As a part of the recent drilling campaign for graphite at Central Campoona, two drill holes were completed on the Bartel Epithermal Gold Prospect.

Intercepts included 22 metres at 0.33g/t gold from surface, associated with highly altered, brecciated dolomitic rocks, and trenching confirmed gold mineralisation within a steep north-dipping, westerly plunging alteration zone.

Elevated levels of thorium, antinomy, silver, zinc, manganese and potassium were also assayed.

The purpose was to define the orientation of the gold mineralisation intersected in 2012 that recorded 27 metres at 0.57g/t gold.

Elevated levels of thorium, antinomy, silver, zinc, manganese and potassium were also assayed.

Future exploration will use soil sampling to identify the mineralised extent of the alteration along strike of the identified gold anomalism.

In addition, further areas of alteration observed throughout the tenement will be soil sampled when landowner permission is gained to provide spatial vectoring needed to design follow-up drilling.

The graphite drilling in March was designed to build on February’s maiden JORC Inferred resource estimate for Central Campoona of 520,000 tonnes at 11.6% TC at nominal cut-off grade of 5% TC.

The 28 holes drilled in the March program have now infilled the Central Campoona footprint, which will allow a resource estimate update by June this year.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 28 May 2014 13:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/148578/archer-exploration-intersects-gold-at-bartel-in-south-australia-55263.html
<![CDATA[News - Archer Exploration acquiring South Australian graphite tenement from Monax Mining ]]> http://www.proactiveinvestors.com.au/companies/news/148576/archer-exploration-acquiring-south-australian-graphite-tenement-from-monax-mining-55117.html Archer Exploration (ASX: AXE) has executed a conditional Sale and Purchase Agreement to acquire the graphite-focused Waddikee Exploration Licence EL4662 on South Australia’s Eyre Peninsula from Monax Mining (ASX: MOX).

The 999 square kilometre tenement hosts a number of graphite deposits and prospects that have been evaluated using combinations of geophysics, rock chip sampling, detailed petrology and drilling.

This includes the Wilclo South graphite deposit that has a JORC Resource of 6.38 million tonnes grading 8.8% graphite.

Other graphite prospects drilled by Monax include the Lacroma and Francis graphite prospects.

Waddikee is located between the townships of Cleve and Kimba and is also prospective for manganese, iron, gold, base metals and uranium.

It abuts the northern boundary of Archer’s Sugarloaf graphite project on the Carrapee Hill exploration tenement, EL4861.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 21 May 2014 16:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/148576/archer-exploration-acquiring-south-australian-graphite-tenement-from-monax-mining-55117.html
<![CDATA[News - Archer Exploration confirms high grade graphite continuity at Campoona ]]> http://www.proactiveinvestors.com.au/companies/news/148574/archer-exploration-confirms-high-grade-graphite-continuity-at-campoona-54507.html Archer Exploration's (ASX: AXE) new drilling results have demonstrated continuity of high grade graphite mineralisation in the northern portion of its Campoona Central deposit in South Australia.

Drilling was designed to build on February’s maiden JORC Inferred resource estimate for Central Campoona of 520,000 tonnes at 11.6% TC at nominal cut-off grade of 5% TC.

The 28 holes drilled in the March program have now infilled the Central Campoona footprint, which will allow a resource estimate update by June this year.

Archer's maiden resource was limited to depths of around 50 metres, and latest round of infill drilling was extended to a vertical depth of 100 metres.

In addition to confirming the continuity of mineralisation, the drilling also confirmed that the mineralisation remains open at depth and thickens at depths from 40-60 metres.

Central Campoona, one of the Campoona project’s five zones of high grade graphitic schists located thus far, lies 1.8 kilometres south of Archer's Campoona Shaft graphite deposit.

Campoona Shaft itself carries a total mineral resource of 2.23 million tonnes at 12.3% TC for 293,900 tonnes of contained graphite.

One diamond drill hole was also completed to supply samples for metallurgical evaluation.

Archer appears to be a "value" graphite play with substantial resources and a capitalisation of under $15 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 24 Apr 2014 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/148574/archer-exploration-confirms-high-grade-graphite-continuity-at-campoona-54507.html
<![CDATA[News - Archer Exploration's shares trade higher volume ]]> http://www.proactiveinvestors.com.au/companies/news/148572/archer-explorations-shares-trade-higher-volume-50415.html Archer Exploration (ASX:AXE) had almost three million shares traded yesterday, with the company closing 19.4% firmer at $0.215.

The company's shares have been on the rise this week, following a collaboration with the University of Adelaide, which successfully produced a wide number of graphene and intercalated graphite products.

These were produced from raw Campoona graphite, and from Campoona medium-grade graphite concentrates.

The Campoona Graphite Project comprises the Campoona Shaft and Campoona Central project areas, located 15 kilometres north of Cleve on Eyre Peninsula, South Australia.

The Eyre Peninsula has a demonstrated history of graphite production. The Uley deposit, located near Port Lincoln, was discovered in the 1910s and has been worked intermittently since the late 1920s.

Archer aims to produce high grade to ultra-pure fine natural flake graphite; and manufacture high tech, high-value graphene products.

Graphene is a one-atom thick layer of carbon that has outstanding mechanical, electrical, optical, thermal and chemical properties.

Its current known uses include as conductive formulations and inks, energy storage materials, carbon semi-conductors, and waste and water treatment.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 21 Nov 2013 09:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/148572/archer-explorations-shares-trade-higher-volume-50415.html
<![CDATA[News - Archer Exploration extracts graphene from Campoona graphite, South Australia ]]> http://www.proactiveinvestors.com.au/companies/news/148569/archer-exploration-extracts-graphene-from-campoona-graphite-south-australia-50321.html Archer Exploration (ASX:AXE) in collaboration with the University of Adelaide, has successfully produced a wide number of graphene and intercalated graphite products from raw Campoona graphite, and from Campoona medium-grade graphite concentrates.

Archer's shares are expected to rise on the news.

Materials produced from Archers graphite included graphene oxide sheets, nanosheets, membranes, powders, films, and electrodes.

The ability of Campoona graphite to deliver a wide spectrum of graphene and graphene-related products enhances Archer's opportunity to deliver two long term business arms.

Archer aims to produce high grade to ultra-pure fine natural flake graphite; and manufacture high tech, high-value graphene products.

Graphene is a one-atom thick layer of carbon that has outstanding mechanical, electrical, optical, thermal and chemical properties.

Its current known uses include as conductive formulations and inks, energy storage materials, carbon semi-conductors, and waste and water treatment.

Graphene has been known since the 1940's, however it was not until 1994 that two researchers, Geim and Novoselov from the University of Manchester, were able to isolate graphene from graphite.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 19 Nov 2013 13:40:00 +1100 http://www.proactiveinvestors.com.au/companies/news/148569/archer-exploration-extracts-graphene-from-campoona-graphite-south-australia-50321.html
<![CDATA[News - Archer Exploration testwork recovers >99% graphite concentrate from South Australia project ]]> http://www.proactiveinvestors.com.au/companies/news/148567/archer-exploration-testwork-recovers-99-graphite-concentrate-from-south-australia-project-46578.html Archer Exploration (ASX: AXE) has recovered graphite concentrates of more than 99% total graphitic carbon from bulk flotation work on samples from its Campoona Project in South Australia’s Eyre Peninsula.

Light acid washing of the 99.4% TGC bulk flotation products is in progress and is expected to increase the concentrate grade towards 99.9% TGC.

Over the next 6 weeks up to 10 kilograms of ultra pure concentrates will be produced through further bulk flotation tests, which will be introduced to specific market segments for assessment.

These initial marketing efforts may result in pre-commitments from prospective buyers.

With purity expected to rival synthetic graphite, but offering superior crystalline structure and high recoveries of about 90%, Archer may well draw buyers that require the ultra pure concentrates for high tech applications.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 09 Aug 2013 17:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/148567/archer-exploration-testwork-recovers-99-graphite-concentrate-from-south-australia-project-46578.html
<![CDATA[News - Archer Exploration testing polymetallic exploration target ]]> http://www.proactiveinvestors.com.au/companies/news/148566/archer-exploration-testing-polymetallic-exploration-target-36552.html Archer Exploration (ASX:AXE) has broadened its graphite focus to look at a number of long standing exploration targets in the Burra region of the Adelaide Fold Belt, in South Australia.

Cashed up with $11.7 million in October, main focus will stay with the Campoona Graphite Deposit.

A Maiden JORC Resource is expected in early December at Campoona.

Polymetallic Exploration Targets

Throughout 2009 and 2010 Archer defined a number of copper targets (World’s End and Robertstown), gold targets at Napoleon’s Hat and Watervale and manganese targets at North Burra (Ketchowla).

Of particular interest are the copper (polymetallic) targets - Mimic and Robertstown located on EL 4230 Worlds End.

Previous exploration on these polymetallic targets has consisted of soil sampling and rock chip sampling. An airborne EM survey conducted in October over Mimic and Robertstown has indentified conductive bodies that may reflect polymetallic mineral occurrences.

EL 4230 Worlds End

Worlds End EL4230 contains outcropping Skillogalee Dolomite which plays host to several local historical copper mines including the Burra Monster Mine (86,000t of refined copper produced) and the Princess Royal located to the west of EL 4230.

Historic mining shows two units within the Skillogalee Dolomite (Nms7 and Nms9) (Figure 1) to be important hosts for copper and polymetallic mineralisation (Cu ± Au ± Ag ± Pb ± Zn).

Future Work

Additional modelling of the raw EM data sets will be ongoing with a view to create sections for drill testing.

Landowner discussions have commenced with a view for drill access. Application is to be made to DMITRE to drill test the final targets in early 2013.

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Thu, 29 Nov 2012 09:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/148566/archer-exploration-testing-polymetallic-exploration-target-36552.html