Archer Materials Limited · ASX:AXE
Archer Materials — Archer Exploration — Shareholder Meeting (October 2008)
23 slides from Archer Materials's shareholder meeting presentation, Oct 29, 2008
Slide 1: Annual General Meeting - Project Update
For personal use only Annual General Meeting 29 th October 2008 Project Update
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 iron ore, base metals, gold and phosphate, explorer • portfolio of wholly owned projects in the highly prospective Gawler Craton and Adelaide Fold Belt regions of South Australia • has an experienced board and management team and has the ability to maxim
Slide 4: Quality tenements
Quality tenements For personal use only • 7,047 km2 of tenements • All tenements100% owned and All 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. • Increased the prospective tenure by 1,600 km2 by applying for tenements at Wilmington and south of Burra. • Extended known copper and gold mineralisation by 1km along strike at C
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. Field Work at West Roxby
Slide 7: Evelyn Dam
Evelyn Dam For personal use only • Two diamond drill holes to be drilled late 2008 to early 2009. • Native title clearances are continuing. • All onsite logistics are completed. • Drilling contractor to be finalised. Magnetic image with gravity outline
Slide 8: Carappee Hill
Carappee Hill For personal use only • Known manganese mineralisation. • New discovery of significant iron mineralisation. • Significant gold and copper discoveries made by Company with 2km strike length. • Completed 2,000 metres of RC drilling.
Slide 9: Carappee Hill - Manganese
Carappee Hill - Manganese For personal use only • Manganese occurs over 3km strike length. • 24 metres at 12% manganese was intercepted by Archer in hole CHRC014 (including 4m at 18% manganese from 79m downhole)
Slide 10: Carappee Hill - Iron
Carappee Hill - Iron For personal use only • New iron discovery on Eyre Peninsula. • 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. • Magnetite hosts appear s
Slide 11: Carappee Hill - Regional
Carappee Hill - Regional For personal use only • Significant magnetic units - a source for magnetite. • Rocks show considerable strain – structures are ideal sites for mineralisation. Carappee Hill - Magnetic image
Slide 12: Carappee Hill – Copper and Gold
Carappee Hill – Copper and Gold For personal use only Significant Drilling Intercepts CHRC010 • 105 to 113m averaging 0.15g/t gold, 0.15% copper and 8g/t silver. CHRC016 • 32 to 36m averaging 0.3% zinc. CHRC017 • 64 to 68m averaging 0.36g/t gold and 0.02% copper. CHRC012 (not shown) Mineralisation e
Slide 13: Gold Mineralisation
Gold Mineralisation For personal use only • A local mineralised structure with possibilities of a Hiltaba granite providing metal enriched fluids. • Mineralised fluids anomalous in gold and copper. • Historical drilling by Goldstream intercepted 1m @ 1g/t near surface, this indicates that the struct
Slide 14: Carappee Hill - targets to be developed
Carappee Hill- targets to be For personal use only developed • Pindari magnetic anomaly, (Pb, Cu, Zn, Ag, Au), the NW to SE structures that are intercepted by the circular feature are highly attractive for the precipitation of metals. • Extensions to the Argent Mine (Pb, Zn, Ag) on Eastern side of t
Slide 15: Wilmington
Wilmington For personal use only • Granting of north and south tenements expected November 2008. • Prospective for copper and gold. Spring Creek Mine, Wilmington
Slide 16: 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 17: 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 18: Worlds End
Worlds End For personal use only • 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 19: 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 20: Cariewerloo and South Gawler Ranges
Cariewerloo and For personal use only South Gawler Ranges • Reconnaissance field work has begun on both tenements. • Meeting local landholders and inform them of Archers exploration intentions. • Determine access for future exploration programs. • These programs will include sampling of soils and ro
Slide 21: Board of Directors
Board of Directors For personal use only Greg English Tom Phillips Alice McCleary Gerard Anderson LLB, BE (Mining) AM MBA FAICD BEc FCA FTIA FAICD Assoc. Applied Geology, Executive Chairman Director (non-executive) Director (non-executive) Grad Dip Bus.MSc Director (non-executive)
Slide 22: Management Team
Management Team For personal use only • Mr. Wade Bollenhagen - Exploration Manager – 14 years of experience in mineral exploration, assessment and mining. – Experience gained in Western Australia, South Australia, Queensland and Africa • Dr. David Tilley – Exploration Geologist – 15 years as a miner
Slide 23: Thank you
For personal use only Thank you
Archer Exploration — Shareholder Meeting (October 2008) on 6ix