Archer Materials Limited · ASX:AXE
Archer Materials — Archer Exploration — Shareholder Meeting (November 2010)
25 slides from Archer Materials's shareholder meeting presentation, Nov 11, 2010
Slide 1: Annual General Meeting 2010
ARCHER EXPLORATION LIMITED For personal use only Annual General Meeting 2010 11th November 2010 www.archerexploration.com.au ASX : AXE
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 Australas
Slide 3: Management
Management For personal use only Board • Greg English LLB, BE (Mining) Chairman • Tom Phillips AM MBA, FAICD Director (non‐executive) • Alice McCleary BEc FCA FTIA FAICD Director (non‐executive) • John Dawkins AO BEc,, RDA Director ((non‐executive) Management Team Mr Gerard Anderson Assoc App Geol,
Slide 4: Archer (AXE)
Archer (AXE) For personal use only Listed on the ASX 14th August 2007 Share Price (Nov 9th ) $0.15 Shares 64.42m Market Capitalization $A9.66m Cash on Hand (30/10/10) $A3.41m Top Five Shareholders as at 9th Nov 2010 Shares 1. Raffles Equities Ltd 18.01% 2. GDE Exploration (SA) Pty Ltd (Dragon Mining
Slide 5: Company Assets
Company Assets For personal use only Tenements • 100% interest in 15 tenements covering 8,939 km2 over the West Roxby, Northern Eyre Peninsula and Adelaide Plains areas areas. • 100% interest in 3 ELA’s covering 501 km2 ‐ expect to be granted late 2010/early 2011. Joint Venture JV with OMM Holdings
Slide 6: 2010 Highlights
2010 Highlights For personal use only Leigh Creek Magnesite EL4567 Termination Hill granted 20/9/10. ELA 173/10 Witchelina pending approval. Joint Venture JV with OMM Holdings over the manganese and iron within EL3711 Jamieson Tank Wild Horse Plains Farm‐In Identification of Manganese at Salt Creek
Slide 7: Strategic Framework
Strategic Framework For personal use only Actual 1 Archer is an exploration company. The Reserve principal assets of the Company are its Mt Hutton ≈ 100% mineral tenements and mineral deposits. Magnesite 3 Resource Mt Playfair ≈ 70% Shareholder value is increased by; Pug Hill Termination Hill ‐ movi
Slide 8: Key Exploration Projects
Key Exploration Projects For personal use only Manganese/Iron Magnesite Eyre Peninsula Adelaidean Jamieson Tank Ketchowla 100% Termination Hill 100% Nth Cowell 100% Neales Flat 100% Area 542 sq km Wild Horse Plains Kanyaka 100% Witchelina ELA*173/10 Stone Hut 100% Area 420 sq km TARGET Mn/Fe Deposit
Slide 9: Secondary Exploration Projects
Secondary Exploration Projects For personal use only Gold Graphite IOCG Nickel Uranium Burra Nth 100% Carappee Hill West Roxby Pindari 100% Apollo 100% Area 814 sq km 100% 100% Area 54sq km Area 4,421 sq km TARGET TARGET Riverton 100% disseminated Unconformity Area 318 sq km Wildhorse Plains Wildhor
Slide 10: Key Exploration Targets
Key Exploration Targets For personal use only 6 Manganese 1 Jamieson Tank Mn Prospect 5 2 Wild Horse Plains Prospect 3 Ketchowla Manganese Prospect 4 Neale’s Flat Manganese g Prospect p 3 2 5 Kanyaka Iron & Manganese 1 6 Stone Hut Manganese 4 10
Slide 11: Jamieson Tank Manganese Project Drill Results
1. Jamieson Tank Manganese Project For personal use only Drill Results WMC (1993) Manganese/Iron SJPC41 11m @ 13% Mn: 27.5% Fe from 12m 5m @ 13.6% Mn: 19.0% Fe from 41m SJPC42 4m @ 18.9% Mn: 14.5% Fe from 7m 4m @ 17.6% Mn: 15.0% Fe from 39m SJPC45 5m @ 12.3% Mn: 12.3% Fe from 37m SJPC46 7m @ 10.9% M
Slide 12: Wild Horse Plains
2. Wild Horse Plains For personal use only M /Fe Mn/Fe Mn /F Project P j t Early Stage Exploration Mn ‐ 2 targets defined 1. Salt Creek (3km strike and widths to 30m) • Mn>10% 2. Miltalie The Wildhorse Plain area is currently under d llatet stage t cropping i withith harvesting expected to be comple
Slide 13: Wild Horse Plains
2. Wild Horse Plains For personal use only M /Fe Mn/Fe Mn /F Project P j t Prospect Al % Ca% Fe % K% Mg % Na % P% S% Campoona 2.26 0.05 46.0 0.46 0.17 0.04 0.26 0.02 Early Stage Exploration Campoona Campoona 3.05 2.03 0.01 0.14 40.0 46.7 0.91 0.84 0.23 0.28 0.03 0.05 0.19 0.36 0.03 0.02 Campoona 1.5
Slide 14: Wild Horse Plains Hematite Model
Wild Horse Plains Hematite Model For personal use only 1. Simple model based on hematite mineralisation at Onesteel’s Middleback Range deposits. 2. The principal target is the formation of high grade Campoona hematite within synclinal structures. High Bluff Mt Desperate 14
Slide 15: Ketchowla Mn Regional Rock Chip Sampling
3. Ketchowla Mn For personal use only 15 Regional Rock Chip Sampling
Slide 16: Ketchowla Manganese RC Drill Results Feb 2010
Ketchowla Manganese For personal use only RC Drill Results Feb 2010 K9 E-W cross section showing 16 Manganese grades %
Slide 17: Ketchowla Manganese ± Ni/Co/Cu/Zn
Ketchowla Manganese ± Ni/Co/Cu/Zn For personal use only 17
Slide 18: Key Exploration Targets - Leigh Creek Magnesite Project
Key Exploration Targets - Leigh Creek Magnesite Project For personal use only • High grade > 40% MgO • Low impurity magnesite • Large outcropping deposits • Close to existing standard gauge rail link View looking north of development face in MIL’s Myrtle Springs mine at Leigh Creek – magnesite beds
Slide 19: Secondary Exploration Targets - West Roxby
Secondary Exploration Targets ‐ West Roxby For personal use only P Prospects t 100% ‐ U Uranium i (Apollo) (A ll ) IOCG (I (Island l d Lagoon and Evelyn Dam) Project Status Stat s Apollo unconformity uranium target defined Drilling requires Ministerial defined. consent. Residual Gravity and Magnetic
Slide 20: West Roxby Apollo Prospect
Secondary Exploration Targets – West Roxby Apollo Prospect For personal use only Unconformity Uranium Apollo Topography Athabasca Style 20-30m topographic Low Pandurra redbed lithologies Unconformity Reduced crystalline basement intruded by A type granites. (Olympic Dam) Magnetic and Gravity Lows Su
Slide 21: Secondary Exploration Targets Watervale Gold
Secondary Exploration Targets For personal use only Watervale l Gold ld 1. 2. 1. Nth Burra EL 4266 metres 2. Riverton EL 4563 • Quartz reefs mined in 1896 • Reported surface samples 3-23 g/t Au • 20 metre shaft 14 g/t Au 21
Slide 22: Secondary Exploration Targets - Sugarloaf Graphite
Secondary Exploration Targets For personal use only ‐ Sugarloaf S l f Graphite G hit Graphite was intersected in 2008 drilling with the total carbon assays available late in 2009. Historical drilling reported graphite but no assays were performed, potential strike of the graphite is 1.5km CHRC010 10
Slide 23: Secondary Exploration Targets - Pindari Nickel (100%)
Secondary Exploration Targets ‐ Pindari Nickel (100%) For personal use only Project Status • Stockdale Drilling 1987 • 3km 3k circular i l magnetic ti anomaly l • EM Survey • Aircore Geochemistry • Targets Defined • Drill tested July 2010 – inconclusive EM 23
Slide 24: Project Advancement 2011
Project Advancement 2011 For personal use only Magnesite Leigh Creek Hematite ‐ WHP g Manganese ‐ WHP Manganese ‐ North Burra * Subject to receiving G ld – Watervale Gold W l , Riverton, Ri B Bender d Ministerial consent to drill Uranium ‐ West Roxby* Iron & Manganese ‐ Kanyaka Graphite ‐ Sugarloaf
Slide 25: Annual General Meeting 2010
For personal use only Annual General Meeting 252010
Archer Exploration — Shareholder Meeting (November 2010) on 6ix