Slide 1: Archer Exploration Limited Investor Presentation
For personal use only Archer Exploration Limited Investor Presentation October 2013 1
Slide 2: Corporate Overview
Corporate Overview Capital Structure Tenement Position For personal use only ASX Code AXE Shares on Issue 82.4 million Unlisted Options on Issue 8.1 million Share Price (at 08/10/13) $0.15 Market Capitalisation $12.4 million Cash (at 30/6/13) $8.6 million Enterprise Value $3.8 million Trading Histor
Slide 3: Investment Highlights
For personal use only Investment Highlights Strong financial position to fully fund near term work program Strong management team with proven track record Campoona is unique - delivering high value ultra-pure finely crystalline concentrates Large land holding in a major graphite province with
Slide 4: Location
Campoona Location Kimba For personal use only Cowell Cleve EYRE PENINSULA Arno Bay Power Line YORK Railway Major Road PENINSULA NORTH Port Victoria 0 45 Port Lincoln kilometres Campoona is located close to critical infrastructure. 4
Slide 5: Geology
Campoona Geology Base of oxidisation extends to 70m = easy liberation and exceptional For personal use only recoveries Deposit outcrops Deposit open along strike and at depth Deposit up to 40m in true thickness = easy mining and minimal dilution Upper Clay Horizon Campoona Shaft Metallurgy 9
Slide 6: Drilling
Campoona Drilling Graphite defined For personal use only over 500m of strike Outcrops at the surface Graphite along the ZONE OF 50m MINERALISATION crest of low hill Low initial strip ratios No ground water 100m 0 50 within graphite ore metres Substantial progress made in the evaluation of
Slide 7: For personal use only
Campoona – Graphite at the surface First drill hole October 2011 For personal use only JORC resource announced December 2012 Campoona mine and processing plant land purchased August 2013 Mining Lease permitting started September 2013 7
Slide 8: JORC Resource
Campoona JORC Resource Campoona JORC Resource (5%TGC lower cut-off grade) For personal use only Area Resource Tonnes Graphite Contained Category (Mt) (% TGC) Graphite (tonnes) Campoona Measured 0.339 14.8 50,200 Shaft Indicated 1.056 12.7 134,100 Inferred 0.837 10.7 89,600 Central Campoona* Inferred
Slide 9: Bulk Float Testing
Campoona Bulk Float Testing For personal use only The bulk float production has commenced – expected to be completed in 2-3 weeks Certification and marketing will then commence Test work to date confirms that no deleterious elements are in the final product. 9
Slide 10: Metallurgical recovery results
For personal use only Campoona recovery Quality: Ultra pure graphite concentrates grading up to 99.9% C Recovery : Exceptional recoveries >90% for all three geologic horizons Rarity : Purity virtually unheard of from mechanical cell flotation Scale-up metallurgical testing of Campoona graphite
Slide 11: Making Graphite is a step by step process
For personal use only Making Graphite is a step by step process 11
Slide 12: Positioning in the Graphite Market
For personal use only Campoona Positioning in the Graphite Market Stylized Graphite Price (US$/t) vs Grade Curve $40,000 $30,000 Archer’s Graphite Price (US$/t) expected product range $20,000 $10,000 $0 80% 85% 90% 95% 98% 99% 99.50% 99.95% “Prices for flake graphite of 99.0% and higher in particle
Slide 13: Campoona Work Plan
only Campoona Work Plan Resource Campoona Central commenced Marketing Study ongoing use Community Consultation Project Development Bulk Sample commenced For personal Scale-up testing commenced Scoping Study commenced Reserve Estimation Feasibility Study 2013 2014 13
Slide 14: Project Summary
Campoona Project Summary 100% owned by Archer For personal use only Own the land required for mining and processing Mechanical cell flotation achieved finely crystalline natural graphite concentrate >99% C* Concentrates rival synthetic graphite in grade but deliver far higher crystallinity
Slide 15: Tip of the Iceberg?
Campoona “Tip of the Iceberg?” Archer has a substantial land position (1,100km2) in a major “graphite province” For personal use only containing multiple graphite targets. 15
Slide 16: Campoona & Sugarloaf
For personal use only Campoona & Sugarloaf Sugarloaf land purchase completed Sugarloaf to be location of processing plant HOA signed for purchase of Campoona land Sites are separated by 20km of roads 16
Slide 17: Sugarloaf – A Sleeping Giant
For personal use only Sugarloaf – A Sleeping Giant Exploration Target of 40 – 70Mt grading 10-12% total carbon* *The potential quantities and grades presented are conceptual in nature, there has been insufficient exploration to define an overall Mineral Resource and it is uncertain if further expl
Slide 18: Archer – Other Projects
Archer – Other Projects Leigh Creek magnesite - the For personal use only World’s largest cryptocrystalline magnesite deposit. JORC resource > 400mt grading 41.4% MgO Multiple gold projects – epithermal at Bartels and vein style at Watervale, Wonna and Wildhorse Plain Manganese – EM anomalies
Slide 19: 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