Archer Materials Ltd (ASX:AXE) has revealed a maiden Exploration Target for its Franklyn Halloysite-Kaolin Project 80 kilometres east of Jamestown, South Australia.
A review of historical drill results has resulted in the establishment of a maiden kaolin Exploration Target at Franklyn of 45 million tonnes to 91 million tonnes at a grade of 30 – 36% alumina (-45 micrometre size fraction).
Franklyn Halloysite-Kaolin Exploration Target showing upper and lower ranges
The Franklyn Exploration Target is in addition to the Eyre Peninsula Kaolin Project Exploration Target of 55 million tonnes to 130 million tonnes at a grade of 33 – 36% alumina (-53 micrometre size fraction).
The Franklyn Exploration Target is based on historical drilling across 40 rotary drill holes and auger drilling undertaken by the SA Government (1971 to 1992).
This historical drilling intersected substantial widths of kaolin mineralisation over an extensive area during their search for copper and gold mineralisation.
Limited work was undertaken on the kaolin material as it was not the focus of exploration, however, halloysite comprising over 15% of one sample was reported.
Franklyn Project (green outline) within Archer tenement boundaries (white outline)
Archer executive chairman Greg English said: “The 100% owned Franklyn Project is near-surface and ideally situated close to existing roads.
“The Franklyn Project complements the Eyre Peninsula Kaolin Project and provides us two very prospective projects to develop further.
“All approvals are in place and we expect to be drilling at Franklyn in the coming weeks with all drilling planned to be completed before the end of November.”
