Slide 1: Mining South Australia
For personal use only Mining South Australia 2nd - 4 th December 2008 Whyalla
Slide 2: Disclaimer
Disclaimer For personal use only Competent persons statement The exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr. Wade Bollenhagen, Exploration Manager of Archer Exploration Limited. Mr. Bollenhagen is a Member of the Australasia
Slide 3: Background
Background For personal use only • ASX listed, base metals, gold and iron ore explorer • portfolio of wholly owned projects in the highly prospective Gawler Craton and Adelaide Fold Belt of South Australia • experienced board and management team that has over 80years of experience in mineral explora
Slide 4: Quality tenements
Quality tenements For personal use only • 7,047 km2 of tenements and applications. • All tenements100% owned and located near major towns, rail, power, gas and transport corridor. • West Roxby and Carappee Hill have been the main early exploration targets.
Slide 5: Activities since listing
Activities since listing For personal use only • Prepared Evelyn Dam and other West Roxby project targets for drilling. • Extended known copper and gold mineralisation by 1km along strike at Carappee Hill. • Identified iron potential at Jamiesons Tank. • Increased the prospective tenure by 1,600 km2
Slide 6: West Roxby
West Roxby For personal use only • Completed geophysical surveying of target areas. • Commenced Native Title Clearance Surveys with traditional owners. • Drill approvals granted from PIRSA. • PACE funding for $45,000 for Evelyn Dam drill expenditure. • Potential for identifying other targets. Aeroma
Slide 7: Evelyn Dam
Evelyn Dam For personal use only • Two diamond drill holes to be drilled early 2009. • Native title clearances are continuing. • Approval to drill given by PIRSA. • All onsite logistics are completed. • Drilling contractor to be finalised. Magnetic image with gravity high outlines
Slide 8: Carappee Hill
Carappee Hill For personal use only • Presence of +10km’s magnetite bearing BIF’s • Gold and copper mineralisation extended to 2km strike length. • Evidence of high grade metamorphism. • Evidence of structural thickening, as folds were observed in drill holes. This is the key to an ore body volume i
Slide 9: Carappee Hill - Manganese
Carappee Hill - Manganese For personal use only • Manganese occurs over 3km strike length. • 5 metres at 18% manganese from 44m downhole, and • 24 metres at 12% manganese from 61m,in hole CHRC014. • The manganese units appear to be steeply dipping west. Cross Section at Jamieson Tank
Slide 10: Carappee Hill - Iron
Carappee Hill - Iron For personal use only • Initial recoveries of up to 36% for a grade of 65% iron are achievable, (CHRC001) • More test work is required to improve the magnetite separation and reduce the silica in the concentrate. • Deeper holes are required to fully test the magnetite mineralisa
Slide 11: Carappee Hill – Copper and Gold
Carappee Hill – Copper and Gold For personal use only Significant Drilling Intercepts CHRC010 • 4m averaging 0.15g/t gold, 0.15% copper and 8g/t silver. CHRC016 • 4m averaging 0.3% zinc. CHRC017 • 4m averaging 0.36g/t gold and 0.02% copper. CHRC012 (not shown) • 8m averaging 0.16g/t gold, 0.14% copp
Slide 12: Gold Mineralisation
Gold Mineralisation For personal use only • Mineralised fluids anomalous in gold and copper over 1km in strike. • Historical drilling by Goldstream intercepted 1m @ 1g/t near surface, this indicates that the structure has potential for hosting higher gold grades. • Complex structure, which is ideal
Slide 13: For personal use only
For personal use only
Slide 14: Wilmington
Wilmington For personal use only • Two tenements granted, Pinda and Baroota, Spring Creek Copper Mine is on ELA 116/08. • Prospective for copper and gold. Spring Creek Mine, Wilmington
Slide 15: Metal Potential
Metal Potential For personal use only • Adelaide Hills have numerous old copper workings from down south to north of the Flinders Ranges. • Tenements have potential for economic metal deposits. • Geological environment is favourable for primary copper mineralisation at depth. • Historical stream sam
Slide 16: Wilmington – Spring Creek Copper
Wilmington – Spring Creek Copper For personal use only Historical diamond drilling in 1969 recorded an interval of 21m at 1.8% Cu, outside of historical mine workings at Spring Creek.
Slide 17: Worlds End
Worlds End For personal use only • Currently an ELA • Located 15km southeast of Burra, home to a significant historical copper mine. • Favourable geological setting for copper mineralisation, with known historical mines present on the tenement. • Phosphate mined from Fairview Mine in early 1900s.
Slide 18: Worlds End- targets
Worlds End- targets For personal use only • Aeromagnetic data indicates the underlying geology is structurally complex, which is important for ore body development. • The black lines represent contacts, folds and faults. All of which are promising sites for metal mineralisation, such as copper and g
Slide 19: Future
Future For personal use only • Drill Evelyn Dam once Native Title clearance is given. • Follow up and drill targets at Carappee Hill. • Begin ground work to drill Spring Creek. • Identify new targets once ELA’s granted. • Identify other opportunities to add value. • Actively seeking new business opp
Slide 20: Thank you
For personal use only Thank you