Slide 1: Graphite and More
For personal use only ARCHER EXPLORATION LIMITED Graphite and More SAREIC Conference Adelaide 30th April – 2nd May 2012 Gerard Anderson Managing Director 1
Slide 2: Disclaimer
For personal use only Disclaimer Competent p persons p 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 Austral
Slide 3: Presentation Outline
For personal use only Presentation Outline • Corporate Overview • Archer Assets • Project Pipeline • Graphite and the Graphite Market • Archer’s Graphite Deposits Campoona Sugarloaf Archer A h G Graphite hit Summary S • Late Mail 3
Slide 4: Corporate Overview
For personal use only Corporate Overview Archer Exploration:AXE ASX Code : AXE 40 35 Shares on Issue 77,142,763 30 Unlisted Options on Issue 6,270,000 25 20 Share price at 26 April 2012 $0.35 15 Cash at 31 March 2012 $4.08 million* 10 * SPP to raise $1.5M in progress 5 Market Capitalisation $27 mill
Slide 5: Archer Assets
For personal use only Archer Assets Exploration Tenements • 19* g granted mineral tenements covering gp portions of Eyre y Peninsula, Leigh Creek, West Roxby, Burra and World’s End areas. • 3 ELA’s. • 100% of mineral rights other than uranium on EL4693 Wildhorse Plain Plain. Key Projects 2 Emerging
Slide 6: Archer's Value Proposition
For personal use only Archer’s Value Proposition • Primarily focused on Graphite. • Two developing graphite deposits at Campoona and Sugarloaf. • Several additional prospects where petrology has identified flake graphite. • Huge land bank of 918 km2 in graphite “province”. • Less than 1% of the tene
Slide 7: Project Pipeline
For personal use only 1 Project Pipeline Reserve* ≈ 100% Mt Hutton Archer is an exploration company. The Pug Hill Resource* Resource 4 ≈ 70% Probability of principal i i l assets t off th the C Company are it its Termination Hill significant mineral tenements and mineral Development at T0 deposits.
Slide 8: Archer Graphite
For personal use only Archer Graphite Numerous graphite deposits and prospects in 918km2* tenement package. *Archer Archer has accepted conditions for the grant of ELA148/11 Cleve West 8 Archer has a substantial land position in “graphite province”
Slide 9: What is Graphite?
For personal use only What is Graphite? Graphite Properties: Metallic properties: - Excellent conductor of heat and electricity - Highest natural strength and stiffness of any material Nonmetallic properties: - High natural lubricity - Maintains M i t i strength t th and d stability t bilit to t tem
Slide 10: Uses for Graphite
For personal use only Uses for Graphite Traditional Uses ffor Graphite hite ch Uses ffor Graph Carbon steel forging Electric motor brushes Graphite crucibles Tec Refractory bricks to line blast furnaces High Pencils H T Valves 10 Dry cell batteries Graphite brake pads
Slide 11: Emerging New Technology Uses for Graphite
For personal use only Emerging New Technology Uses for Graphite Zero EV motor cycles Construction of a high temperature PEMFC: Bipolar plate as electrode with in-milled gas channel structure, fabricated from conductive composites (enhanced with graphite, carbon black, carbon fibre, and/or carbon nan
Slide 12: Graphene - the new super material
For personal use only Graphene - the new super material Graphene is a unique atom-thick carbon-based material that has exceptional physical and chemical properties. Applications are continually being generated as research unlocks its unique attributes: • Superior composite materials that are high-sp
Slide 13: Graphite Supply – China then daylight
For personal use only Graphite Supply* – China then daylight…. Country Mine Production 2009 Mine Production 2010e Reserves (kt) (kt) (kt) Unites States - - - Brazil 76 76 360 Canada 25 25 (4) China 800 800 55,000 55 000 India 130 130 5,200 North Korea 30 30 (4) Madagascar 5 5 940 M i Mexico 5 5 3 10
Slide 14: Graphite demand
For personal use only Graphite demand Strong continuing demand for traditional uses in steelmaking, refractories, brake and clutch materials, gaskets, plastics and composites batteries composites, batteries, semiconductors semiconductors, carbon brushes in electric motors motors, and oils and grease
Slide 15: Graphite Prices
For personal use only Graphite Prices Graphite Prices Rising on Strong Demand: Graphite is facing increasing demand worldwide from growing traditional uses and rapidly emerging new technological applications. Graphite has a posted price however prices are negotiated between the buyer and seller base
Slide 16: Wildhorse Plain Graphite
For personal use only Wildhorse Plain Graphite Flake graphite recorded in many regional samples – Campoona, Council Pit, Wilklow and Others Literature searches identified several regional graphite occurrences. 16 Historic EM has indicated >40km of potential strike. Large areas not covered by EM.
Slide 17: Campoona Graphite EM
For personal use only Campoona Graphite EM • Historic EM flown on 1km centres • August 2011 EM flown on 100m centres • Excellent correlation between data sets • High resolution EM provides opportunity to model EM response with graphite morphology to derive a predictive exploration tool. • EM highlig
Slide 18: Campoona Graphite
For personal use only Campoona Graphite • High grade graphite - 15-40m thick highly conductive graphitic schist within proto-gneiss proto gneiss and pegmatite. pegmatite • Pinching and swelling evident in 3D. • Drilling intercepts to date: CSRC12 003 CSRC12_003 24m @ 10.4%C 10 4%C from 49m (incl 1
Slide 19: Campoona Graphite
For personal use only Campoona Graphite Petrology Drill Hole Depth Flake length Average TGC Range (µm) Length (µm) (%) CSRC12‐003 53‐54 30‐500 200 20.4 CSRC12‐004 11‐12 30‐200 100 0.82 CSRC12‐006 49‐50 30‐250 120 16 CSRC12‐006 CSRC12 006 52‐53 52 53 30‐300 30 300 185 15.9 CSRC12‐007 28‐29 30‐200 100
Slide 20: Sugarloaf Graphite
For personal use only Sugarloaf Graphite Sugarloaf area first explored for gold, base metals and uranium. uranium Goldstream then Helix identified a coincident gold and copper soil anomaly. The two companies drilled a total of 41 drill holes across Sugarloaf. Best intercept was 3m @ 1g/t Au in a
Slide 21: Sugarloaf Graphite
For personal use only Sugarloaf Graphite Exploration Target • Sugarloaf has Exploration Target of 40 – 70Mt grading 10-12% total carbon*. The previous estimate of 24-37Mt was based on the western limb only. *The potential quantities and grades presented are conceptual in nature, there has been insuf
Slide 22: Archer Graphite – Deposit Comparison
For personal use only Archer Graphite – Deposit Comparison Emerging Graphite Deposits Average Grade (%C) Expected p Campoona p and Sugarloaf g Uley l Main Road d resource grade range. Raitajarvi Nunasvaara Emerging Graphite Lac Knife Deposits Average Grade Kringel (%C) Kearney Bissett Creek 0 5 10 1
Slide 23: Archer Graphite – Summary
For personal use only Archer Graphite – Summary • Large prospective land bank with exploration at an early stage. • Less that 1% of land bank explored to date. • Historic graphite prospects; Grid 2, A405, Mt Shannan, Council Pit, Wilklow, Miltalie, Calkookra, Ben Buy with an aggregate potential stri
Slide 24: Archer Graphite – 2013 Exploration Plan
For personal use only Archer Graphite – 2013 Exploration Plan Campoona • Trench sampling. • Infill drilling to a nominal 100m x 20m line spacing. • Diamond drilling for metallurgical test work. • Infill to 50m x 20m to support JORC Measured Resource by April 2013. 2013 • Commence baseline environmen
Slide 25: Late Mail … West Roxby Tenement Sale
For personal use only Late Mail … West Roxby Tenement Sale • Binding Sale and Purchase Agreement signed with BHP Billiton on 30th April 2012 for the sale and purchase of 5 West Roxby tenements for $8 million. • Agreement g conditional on Ministerial Consent to renewal and transfer of the Tenements.