https://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Fri, 16 Nov 2018 14:22:47 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[Media files - Archer Exploration's CEO discusses advanced materials in reliable energy ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11162/archer-exploration-s-ceo-discusses-advanced-materials-in-reliable-energy-11162.html Tue, 13 Nov 2018 09:00:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11162/archer-exploration-s-ceo-discusses-advanced-materials-in-reliable-energy-11162.html <![CDATA[Media files - Archer Exploration's CEO discusses advanced materials in quantum computing ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11027/archer-exploration-s-ceo-discusses-advanced-materials-in-quantum-computing-11027.html Mon, 29 Oct 2018 22:00:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11027/archer-exploration-s-ceo-discusses-advanced-materials-in-quantum-computing-11027.html <![CDATA[News - Archer Exploration brings in $250,000 cash with magnesite asset sale ]]> https://www.proactiveinvestors.com.au/companies/news/207140/archer-exploration-brings-in-250000-cash-with-magnesite-asset-sale-207140.html Archer Exploration Limited (ASX:AXE) has reported its collaboration achievements for the September quarter on the back of a $250,000 cash inflow from the sale of subsidiary Leigh Creek Magnesite Pty Ltd.

The advanced materials-focused company, which is examining options for its exploration assets, spent $279,000 on exploration and evaluation in the quarter.

READ: Archer Exploration to seek alternatives in divesting exploration assets

Once staff, administration and corporate costs were added on, it reported a $943,000 loss from operating activities.

Archer held $2.75 million cash and cash equivalents at the start of the quarter and ended with $2.1 million cash and cash equivalents.

Among the collaboration agreements the company highlighted today were its University of Sydney Commercial Development and Industry Partnerships negotiations for carbon-based quantum computing technology, its Collaboration with The University of Adelaide ARC Graphene Hub for printing graphene inks and University of New South Wales battery production for consumer and electric vehicle markets.

Archer executive chairman Greg English said the negotiation for a final licence agreement with USyd continued during the quarter, reporting an improved expected timetable for negotiations.

English said: “At this stage, we expect to execute the final form licence agreement and commence development work by the end of this year.”

The technology was created by Archer chief executive officer Dr Mohammad Choucair during his former employment with the university.

READ: Archer Exploration to produce disease-detecting biosensor from graphene with leading German biotech

The company holds the Campoona graphite deposit in South Australia, with English highlighting recent collaboration work had been a win for demonstrating the value of the asset.

English said: “During the quarter we made considerable progress in the development of a biosensor to be used in the detection of infectious diseases.

“The University of Adelaide ARC Graphene Hub, in collaboration with Archer, prepared graphene-based ink from Campoona graphite to print electrodes for biosensing device application.

"The signing of the material transfer agreement with a leading German biotechnology company will allow a study to be performed using these biosensors in diagnostic products for infectious disease serology.

“The successful assembly and testing of commercially scalable full-cell configuration lithium-ion batteries using Archer’s Campoona graphite was a great achievement and should assist the company as it continues its search for offtake partners.”

Speaking in the company’s quarterly activities report today, English acknowledged Archer’s recent decision not to spin out non-exploration assets into a subsidiary known as Ballista Resources Ltd that it had planned to list on the Australian Securities Exchange.

English reported: “The spin-out of the non-graphite assets will not proceed in its current form, and we plan to consider alternatives to divest these projects, while commencing with the drilling of the Blue Hills Copper-Gold Project next month.”

First results from the latest drilling campaign at Blue Hills, 240 kilometres north of Adelaide, are expected in December.

]]>
Tue, 16 Oct 2018 01:09:00 +1100 https://www.proactiveinvestors.com.au/companies/news/207140/archer-exploration-brings-in-250000-cash-with-magnesite-asset-sale-207140.html
<![CDATA[News - Archer Exploration to seek alternatives in divesting exploration assets ]]> https://www.proactiveinvestors.com.au/companies/news/206630/archer-exploration-to-seek-alternatives-in-divesting-exploration-assets-206630.html Archer Exploration Limited (ASX:AXE) has terminated the spin-out of non-graphite assets to a new company and will drill targets at its South Australian Blue Hills Copper-Gold Project from next month while it identifies alternate divestment routes.

The South Australia-based company had formed newco Ballista Resources Ltd with a view to seeing the subsidiary list itself on the Australian Securities Exchange last month.

However, Archer has now axed the plan-in-play for an initial public offering (IPO).

 

Archer reported today Ballista had told it a Ballista IPO would not take place this year.

Parent company Archer’s response was to cancel its share-sale divestment agreement using a clause that allowed termination if Ballista did not achieve a September 30 listing date.

Advanced materials-focused Archer now plans to identify alternatives to monetise its non-graphite assets.

Archer chairman Greg English told the market: “While the directors are disappointed at this outcome, the board remains confident in the potential of the non-graphite assets and we intend to commence drilling at the Blue Hills Copper-Gold Project in November.”

READ: Archer to produce disease-detecting biosensor from graphene with leading German biotech

First results from the latest drilling campaign at Blue Hills 240 kilometres north of Adelaide are expected in December.

The campaign will focus on large, district-scale gold-and-copper soil targets.

Archer previously discovered the Hood, Hawkeye and Katniss large-scale gold-and-copper in-soil anomalies at the Blue Hills tenements but has not explored the ground since announcing its planned divestment in July.

Today English said the tenements had “tremendous potential” and were prospective for copper, cobalt, gold and manganese.

The company’s corporate strategy is focused on targeting globally-relevant advanced materials markets of human health, reliable energy, and quantum technology.

Mr English concluded: “We are committed to growing our advanced materials and technology business and will look for alternatives to monetise the non-graphite assets”.

]]>
Tue, 09 Oct 2018 00:13:00 +1100 https://www.proactiveinvestors.com.au/companies/news/206630/archer-exploration-to-seek-alternatives-in-divesting-exploration-assets-206630.html
<![CDATA[Media files - Archer Exploration positioned to capitalise on range of applications for advanced materials ]]> https://www.proactiveinvestors.com.au/companies/stocktube/10612/archer-exploration-positioned-to-capitalise-on-range-of-applications-for-advanced-materials-10612.html Thu, 27 Sep 2018 08:30:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/10612/archer-exploration-positioned-to-capitalise-on-range-of-applications-for-advanced-materials-10612.html <![CDATA[News - Archer Exploration to produce disease-detecting biosensor from graphene with leading German biotech ]]> https://www.proactiveinvestors.com.au/companies/news/205807/archer-exploration-to-produce-disease-detecting-biosensor-from-graphene-with-leading-german-biotech-205807.html Archer Exploration Limited (ASX:AXE) has progressed the human health side of its advanced materials business, signing a material transfer agreement (MTA) with a leading German biotechnology company.

The partners with work together to develop an electrochemical biosensor that uses printable graphene components in an effort to detect diseases.

 

These components have been produced as part of Archer’s collaboration agreement with University of Adelaide ARC Graphene Hub.

Archer reported today that its new binding, non-exclusive agreement with the German biotechnology company — which it called a “reputable vitro diagnostic medical device manufacturer” — would allow an in vitro diagnostics study between the partners for an infectious disease serology.

The German manufacturer, which has been operating for more than 40 years, and Archer plan to convert the MTA into a collaboration agreement in the “near term”.

Archer acknowledged it had not named the partner and employer of more than 110 staff and said this was to “avoid circumspection” due to the non-exclusive nature of the parties’ agreement.

The Sydney and South Australia-based company said ARC Graphene Hub would continue with its focus on biosensing componentry, a complementary effort.

READ: Archer Exploration highlights advanced materials business strategy amid exploration divestments

Archer chief executive officer Dr Mohammad Choucair reported today: “This represents the first opportunity for Archer to work collaboratively with a reputable European, customer-facing biotech company.

“In a short period of time, we have leveraged the positive outcomes of our collaboration agreement with the ARC Graphene Hub, to progress our strategy in the key focus area of human health.

“We are confident that we can rapidly progress our biosensor development towards markets that target the use of infectious disease detection”.

Next steps

Archer and its new German biotech partner will identify technical and commercial opportunities to meet biosensor technology gaps at low costs and with a variety of biosensing devices.

The partners will kick off their study and try a variety of products to diagnose viral, bacterial, parasitic and fungal diseases while evaluating and optimising graphene inputs and the performance of graphene-ink biosensor components.

Graphene Hub will continue to play a role in contributing to the development of a functional electrochemical carbon-based biosensor.

Archer’s hub collaboration gives it access to infrastructure for preparing graphene-based materials such as ink and the expertise of people who work with these materials.

Markets and Markets has forecast the graphene inks and printed electronic device biotechnology market segment is set to grow to US$27 billion by 2022.

Transforming the company

Choucair told Proactive Investors’ Stocktube video channel today the biotechnology space was just one area of emerging opportunity the company would focus upon as the company shifted its business focus to advanced materials.

He said: “Archer’s in the unique position now to offer shareholders an opportunity to be exposed to really innovative technologies, like quantum computing, and the advanced materials that underpin them.”

IBIS World revealed last year the global biotechnology industry was worth US$328 billion.

]]>
Wed, 26 Sep 2018 21:54:00 +1000 https://www.proactiveinvestors.com.au/companies/news/205807/archer-exploration-to-produce-disease-detecting-biosensor-from-graphene-with-leading-german-biotech-205807.html
<![CDATA[News - Archer Exploration highlights advanced materials business strategy amid exploration divestments ]]> https://www.proactiveinvestors.com.au/companies/news/205315/archer-exploration-highlights-advanced-materials-business-strategy-amid-exploration-divestments-205315.html Archer Exploration Limited (ASX:AXE) (FRA:38A) has laid out its strategy for becoming an advanced materials business delivering revenue to investors over the next 18 months.

The company, which met with brokers and fund managers this week and will also be at a Benchmark Minerals event, pulled ahead of the pack in the past year, experiencing 32% better growth than the sector and 33% better gains than the Australian market.

Sydney and South Australia-based Archer also added 31% to its share price in the year to Tuesday.

Milestone events

In the past 12 months, graphite-focused Archer has experienced a number of milestone events for its share price, including setting quantum technologies, Reliable Energy supplies and human health firmly in its sights.

CEO Dr Mohammad Choucair.

Archer chief executive officer Dr Mohammad Choucair told Proactive Investors: “Although we’re across three areas, our focus is on the advanced materials that underpin these technologies.

“We’re in a very good position because we have a suite of materials that can solve problems end-to-end with global impact. We can make these technologies quite accessible to very large markets.

“Over the coming, six-12-18 months we’re looking to progress through to revenue and we’re going to be doing that with the materials that we have at hand and the technology that we’re going to be developing across those three areas that are of critical importance as we move into the fourth industrial revolution.”

Archer plans to spin-out its non-graphite assets as it continues to develop and integrate advanced materials for use in modern technologies.

The new company Archer will spin its exploration assets into and potentially list is called Ballista Resources Ltd.

Archer's magnesite assets will go to an unnamed buyer.

Technology-led growth

The company reported this week it had been executing a “focused strategy for growth in key technology markets” since it acquired 100%-held subsidiary Carbon Allotropes late last year and was granted a graphite mining lease.

Archer’s chief executive was a director of the subsidiary and became Archer CEO on December 1 after the acquisition.

Choucair has said: “We are providing shareholders with exposure to innovative technologies like quantum computing, and the advanced materials that underpin them.”

The company wrote in this week's update: “Our focus on developing end-to-end material centric solutions has resulted in the identification of key advanced materials markets to strengthen and grow Archer.

“Our integrated approach to the materials life cycle is spawning high-value opportunities through our graphite and graphene assets, and wholly-owned subsidiary Carbon Allotropes.”

The Carbon Allotropes acquisition gave Archer access to more than $100 million in research and development infrastructure.

Three types of collaboration deals that the company inked in the past six months were flagged today as cornerstones to its target of “delivering high-value outcomes that position Archer for major, long-term growth”.

Quantum technology efforts

The first and most important of the collaborations highlighted by the company was a quantum technology licence negotiations this quarter with CEO Choucair’s former employer the University of Sydney.

Choucair told Proactive Investors: “The immediate focus is to get the licence agreement awarded to Archer from the University of Sydney — we’ve finalised our terms with the university … for the exclusive licence agreement.

“We have an exclusive period to the end of the year to negotiate the licence agreement to Archer, so we’re looking to get that by Christmas. We’re working with them and that’s going back and forth but we’re optimistic of course.

“I’m the inventor on the work and that sets us apart from anyone else trying to acquire IP and develop it, so Archer will have the key inventor in-house and we understand what the technology can do.”

The parties have agreed to terms, with the licence to be executed after intellectual property milestones are achieved across the world.

During his time at the University of Sydney, Choucair invented the first material known to overcome quantum technology limitations. This carbon cube can hold quantum information (quibits) and allow it to be processed as the surrounding environment continues to be cooled or heated at ordinary room temperatures.

Current technology can only perform the functions at sub-zero temperatures, with one known exception having only a limited application.

A challenge to the widespread use of quantum computers is the inability for core device chips to remain stable at room temperature.

After Archer’s agreement to licence terms with USyd, the university made intellectual property treaty filings in Europe, Australia, the US, Japan, Korea and China with the collaborators are waiting to be returned.

Once the partners finalise a quantum licence, it will help the company tap into a growing computing power market tipped to grow to US$11 billion by 2024 in research released by Industry 40 Market Research earlier this year.

Reliable Energy push

The company’s reliable energy collaborations for lithium-ion batteries, agreed in the June quarter, intersect increasing environmental-related demand for the Li-ion batteries which was put at US$130 billion by 2028 by IDTechEx last year.

Archer says batteries produced from its Campoona graphite deposit on the Eyre Peninsula in South Australia are “industry state-of-art”.

The Australian Centre for Microscopy and Microanalysis undertook nano-scale and atomic-scale analysis for the company, with the company reporting the “analysis of Archer’s graphite confirmed the materials’ near-perfect structure”.

Also related to reliable energy is an MOU with Urbix Resources, LLC for graphite toll processing, further collaboration agreements with FlexeGRAPH and the University of New South Wales (UNSW).

Archer expects the Urbix MOU could bring more than $14 million of capital cost benefits to its Campoona Graphite Project over its lifetime.

The company has tipped its FlexeGRAPH collaboration could present an opportunity to convert graphite from the project into high-value graphene material, as the collaborators sought to thermally manage electric vehicle batteries.

Archer’s collaboration and research service agreement with UNSW has produced lithium-ion batteries with full-cell configuration from Campoona graphite.

Human health focus

Archer’s March human health collaboration relates to biosensors, with increased demand coming from an ageing population and being tipped to reach US$27 billion by 2022 by Market and Markets in a global forecast last year.

The company said its now varied agreement with the ARC Research Hub for Graphene Enabled Industry Transformation at the University of Adelaide had “redefined to focus on carbon-based biosensors”.

The Australian research centre was able to develop graphene-based conductive inks derived from Archer’s Campoona graphite, with the inks “used to print electronic circuits on transparent and flexible substrates that function as basic bio-electrochemical sensing device componentry.”

Archer viewed Campoona graphite as “process agnostic in graphene production” after the graphite material was used for the printing of the biosensing technologies.

A path forward

Archer has set some specific goals for its quantum technology, reliable energy and human health efforts.

Its quantum technology goals include: leading the development and commercialisation of carbon-based quantum technology; and reducing commercialisation barriers to its widespread use by building a practical quibit processor.

The company’s reliable energy goals include: building an operating graphite mine in Australia; and targeting offtake and battery manufacturing partnerships by scaling and integrating the Campoona resource downstream in the supply chain.

Archer’s human health goals meanwhile are to: make biosensing simple; and service niche biosensor market segments by developing commercially viable probes for rapid disease detection and diagnostic medical imaging.

The finalisation of the University of Sydney licence agreement in the next six months will be a milestone event for the company.

]]>
Thu, 20 Sep 2018 19:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/205315/archer-exploration-highlights-advanced-materials-business-strategy-amid-exploration-divestments-205315.html
<![CDATA[News - Archer Exploration to reveal latest lease details for Campoona graphite ]]> https://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.

]]>
Thu, 07 Dec 2017 10:26:00 +1100 https://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 ]]> https://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.

]]>
Mon, 14 Aug 2017 09:32:00 +1000 https://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 ]]> https://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.

]]>
Thu, 13 Jul 2017 10:00:00 +1000 https://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 ]]> https://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.

]]>
Fri, 17 Mar 2017 14:00:00 +1100 https://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 ]]> https://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.

]]>
Thu, 16 Feb 2017 13:00:00 +1100 https://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 ]]> https://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.

]]>
Mon, 29 Aug 2016 14:00:00 +1000 https://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 ]]> https://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.

]]>
Mon, 09 Feb 2015 16:00:00 +1100 https://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 ]]> https://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.

]]>
Wed, 28 May 2014 13:00:00 +1000 https://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 ]]> https://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.

]]>
Wed, 21 May 2014 16:30:00 +1000 https://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 ]]> https://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.

]]>
Thu, 24 Apr 2014 15:30:00 +1000 https://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 ]]> https://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.

]]>
Thu, 21 Nov 2013 09:40:00 +1100 https://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 ]]> https://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.

]]>
Tue, 19 Nov 2013 13:40:00 +1100 https://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 ]]> https://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.

]]>
Fri, 09 Aug 2013 17:00:00 +1000 https://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 ]]> https://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.

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