Slide 1: Archer Exploration: The drive to production for Campoona graphite
For personal use only Archer Exploration The drive to production for Campoona graphite Mining SA Conference 20-21 November 2012 Whyalla SA Gerard Anderson Managing Director 1
Slide 2: Disclaimer
Disclaimer Competent persons statement For personal use only 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 Australasian
Slide 3: Presentation outline
Presentation outline Corporate overview For personal use only • • Company projects • Archer graphite • Campoona graphite deposit • Exploration history • Campoona Shaft resource drilling • Campoona Geophysics • Campoona Shaft geology • Metallurgy • Campoona Stategy • Current work plan • Archer graphi
Slide 4: Corporate overview
Corporate overview 13 Exploration Licences and the rights to minerals other For personal use only than uranium on Wild Horse Plain. One ELA. The tenement portfolio hosts a number of significant projects. Mineral Exposure T1: Graphite; Copper; Gold; Magnesite/magnesia T2: Manganese ± REE; Coal – CSG;
Slide 5: Company projects
For personal use only Company projects With $11.7 million in cash at 31 October 2012, Archer is in a great position not only to fund exploration and development studies on the Campoona graphite deposit but also to fund aggressive exploration on promising copper and gold targets. 5
Slide 6: Company projects
Company projects 1 For personal use only Reserve* Mt Hutton * SAMAG reports Resource* 4 Termination Hill Pug Hill Mt Playfair Witchelina Advanced Exploration Project 2 Sugarloaf Graphite Campoona Graphite Mineralised Project Salt Ck Mn 5 Ketchowla Mn / REE Probability of Development Bender Au/Cu Rob
Slide 7: Archer Graphite
Archer Graphite Mt Messenger ELA 2012/304 For personal use only 4861 EL 4861 EL4893 Archer has a substantial land position (918km2) in “graphite province” with several flake occurrences. ELA2012/304 granted October 2012. 7
Slide 8: Campoona graphite deposit
For personal use only Campoona graphite deposit 8
Slide 9: Exploration history
Campoona exploration history • Airborne EM surveys conducted as part of base For personal use only metal exploration in the mid-1980s indentified several highly conductive bodies along the Campoona graphite trend. An historic shaft (circa 1915) exists on the graphite. • Other elongate EM conductors,
Slide 10: Shaft Resource drilling
Campoona Shaft 50m x 20m Resource drilling RC Hole # From To Interval Carbon (m) (m) (m) (%TGC) For personal use only CSRC12_040 20 55 35 13.0 incl 20 44 24 15.3 CSRC12_041 54 118 64 11.8 incl 60 87 27 18.5 CSRC12_042 29 75 46 9.3 incl 31 51 20 13.3 CSRC12_043 0 34 34 7.4 incl 16 33 17 12.1 CSRC12_0
Slide 11: Geophysics
Campoona geophysics Airborne EM has highlighted probable strike extensions to Campoona For personal use only Shaft and Central Campoona • EM provides an effective tool to identify the presence of conductive bodies. • EM has identified several possible graphite bodies along strike from the known grap
Slide 12: Shaft geology
Campoona Shaft geology • Graphite deposit outcrops and forms a discrete NE striking, steep NW dipping, 20-50m thick main zone For personal use only with two narrower and discontinuous footwall zones. • Campoona graphite occurs as highly graphitic schist within a low grade graphitic proto-gneisses. •
Slide 13: Geology
Campoona geology CSDD12_002 For personal use only • Hangingwall contact between • Highly weathered, porous • Strongly weathered graphitic soft highly weathered gneiss quartz + graphite + kaolin + schist below BOCO. and completely oxidised garnet + tourmaline • Feldspars altered to illite ± graphitic
Slide 14: Metallurgy
Campoona metallurgy Lonsdale Sample Facility Interim DDH Metallurgy Results For personal use only • Established during September 2012. Samples to BOCO • Base of complete oxidation (BOCO) at 50- • Facility provides a metallurgical workshop 60m depth. and a bulk sample storage area for the • Rock is l
Slide 15: Strategy
Campoona strategy Define optimum process flow sheet. For personal use only • • Establish minimum aggregate JORC Resource* of 5Mt at Campoona Shaft and Central Campoona. • Bulk sampling and pilot scale testing to produce samples for marketing. • Establish markets for Campoona graphite. • Drill test n
Slide 16: Current work plan
Campoona current work plan Campoona Shaft Drilling For personal use only Resource Drilling Exploration & Central Campoona Drilling Metallurgical Characterisation Resource Estimation Campoona Shaft Resource Estimation Campoona Central Environmental Baseline Studies Development Project Community Engag
Slide 17: Archer graphite summary
Archer graphite summary High grade outcropping graphite at Campoona. Base of complete oxidation 50 – 60m depth and strong oxidation to ≈100m. For personal use only Campoona Fine and medium flake >94%TGC ; amorphous graphite >92%TGC. Large flake present. EM has identified likely strike exte
Slide 18: Contact details
www.archerexploration.com.au Contact details For personal use only Archer Exploration Limited Ph: +61 8 8272 3288 Fax: +61 8 8272 3888 Email: info@archerexploration.com.au Thank you 18