Archer Materials Limited · ASX:AXE
Archer Materials — Archer Exploration — Shareholder Meeting (October 2013)
32 slides from Archer Materials's shareholder meeting presentation, Oct 31, 2013
Slide 1: Archer Exploration Annual General Meeting
For personal use only Archer Exploration Annual General Meeting 31 October 2013 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 • • 2013 highlights • Corporate strategy • Key Company projects • Archer Graphite • Campoona • Sugarloaf • Magnesite • Copper • Robertstown • Gold • Wildhorse Plain Epithermal 3
Slide 4: Corporate overview
For personal use only 4 Corporate overview
Slide 5: Corporate overview
Corporate overview 13 Exploration Licences and the rights For personal use only to minerals other than uranium on Wild Horse Plain. The tenement portfolio hosts a number of significant projects. Mineral Exposure • Graphite • Copper • Gold • Magnesite/magnesia • Manganese ± REE • Coal - CSG • Phospha
Slide 6: Corporate overview
Corporate overview ASX Code: AXE For personal use only Shares on Issue 82,362,763 Unlisted Options on Issue 8,075,000 Share price at 30/10/2013 $0.15 Market Capitalisation $12.4 million Cash at 30/09/2013 $7.8 million Who we are Chairman • Greg English Directors • Gerard Anderson • Tom Phillips • Al
Slide 7: Highlights 2013
For personal use only Highlights 2013 7
Slide 8: Highlights 2013: Archer Graphite, Campoona
Highlights 2013 Archer Graphite For personal use only Campoona Outstanding progress made throughout the year. We have great confidence that we have a very robust project. Geology/Resources • RC and diamond Resource drilling completed at Campoona Shaft on 50m x 20m spacing • Phase 1 JORC Resource Dec
Slide 9: Highlights 2013: Campoona (continued)
Highlights 2013 Archer Graphite For personal use only Campoona (ctnd) MLP/PEPR • Baseline Spring Flora and Fauna Studies completed as start of MLP/PEPR process. • MLP/PEPR commenced. • Longstanding community consultation. Land • Purchased Sugarloaf Property. • Entered into a Binding Heads of Agreeme
Slide 10: Highlights 2013: Copper, Gold, Magnesite
Highlights 2013 Copper For personal use only • Robertstown and World’s End (Mimic) assessed as significant copper targets. Gold • Anomalous epithermal-style gold defined at Bartel. Extensive mapping conducted. • EM surveys over Wonna and Watervale completed September 2012. Magnesite • HPGR crushing
Slide 11: Corporate strategy
For personal use only Corporate strategy 11
Slide 12: Corporate strategy
Corporate strategy 1. Develop Campoona Graphite For personal use only • Complete bulk flotation tests. • Marketing of Campoona products. • Value – add research. • Complete Mining Lease Proposal and Programme of Environmental Protection and Rehabilitation. • Investigate funding opportunities includin
Slide 13: Company projects
For personal use only Company projects 13
Slide 14: Graphite
Graphite Graphite Properties For personal use only Metallic properties: • Excellent conductor of heat and electricity • Highest natural strength and stiffness of any material Nonmetallic properties: • High natural lubricity • Maintains stability to temperatures of 3,600oC • One of the lightest reinf
Slide 15: Archer Graphite
For personal use only Archer Graphite Substantial land position (1,100km2) in graphite province. Two main deposits – Campoona and Sugarloaf plus several nearby flake occurrences. 15
Slide 16: Campoona Geology
Campoona Geology Graphite outcrops. For personal use only 10-50m thick highly graphitic schist. Deep complete oxidation. • Upper Claystone - ≈5m thick clay-rich highly graphitic zone of graphite + kaolin + quartz • Upper BOCO - porous graphite + quartz + kaolin + tourmaline ± garnet ± iron oxi
Slide 17: Campoona JORC Resource
Campoona JORC Resource Average JORC Resource grade of 12.3% C. For personal use only Campoona JORC Resource (5%C lower cut-off grade) Area Resource Tonnes Graphite Contained Category (Mt) (% C) Graphite (tonnes) Campoona Shaft Measured 0.339 14.8 50,200 Indicated 1.056 12.7 134,100 Inferred 0.837
Slide 18: Outstanding natural liberation
Outstanding natural liberation Prolonged intense lateritic weathering has resulted in high natural liberation For personal use only of the graphite from clay + quartz ± tourmaline ± garnet ± sillimanite ± muscovite gangue. Typical highly purity Campoona concentrate. Outstanding natural liberation 18
Slide 19: High purity concentrates & excellent recovery
High purity concentrates & excellent recovery Bench-scale and bulk flotation testing of Campoona For personal use only graphite have delivered excellent results. Rigorous bench-scale testing to define key processing parameters. Scale-up bulk flotation tests emulate bench-scale results. Pure -7
Slide 20: High purity concentrates & excellent recovery
For personal use only High purity concentrates & excellent recovery SEM image of high purity re-cleaned bulk flotation concentrates Very few deposits in the world can produce the purity of graphite that Campoona can. 20
Slide 21: Repeatability of results
Repeatability of results Rigorous bench-scale metallurgical testing undertaken For personal use only 35 bench scale tests completed on samples across the length, breadth and depth of the deposit. Concentrates rival synthetic graphite in grade but deliver far higher crystal structure. High puri
Slide 22: High purity, high value products
High purity, high value products Stylised Graphite Price (US$/t) vs Grade Curve For personal use only $40,000 $30,000 Archer’s Graphite Price (US$/t) expected product range $20,000 $10,000 $0 80% 85% 90% 95% 97% 99% 99.50% 99.95% “Prices for flake graphite of 99.0% and higher in particle size ranges
Slide 23: Exploration upside
Exploration upside Airborne EM and reconnaissance drilling has identified strike For personal use only extensions and fold repetitions of the target graphitic schist EM identified several possible graphite North bodies along strike from the known graphite occurrences at Campoona. Initial regiona
Slide 24: Archer Graphite's comparative advantages
Archer Graphite’s comparative advantages Quality: Expect base product ≈98% C. Purification options remain untested beyond basic re-cleaning. For personal use only Recovery : Excellent recoveries for all geologic horizons. Grade: 12.3%C places Campoona well into the upper quartile of emerging g
Slide 25: Sugarloaf graphite
Sugarloaf graphite Drilling by Archer in 2008, 2011 and 2012 For personal use only recorded significant graphite. • Sugarloaf EM: 4km long. • Exploration Target of 40 – 70Mt grading 10- 12% total carbon*. *The potential quantities and grades presented are conceptual in nature, there has been insuf
Slide 26: Archer Magnesite – Leigh Creek magnesite
Archer Magnesite – Leigh Creek magnesite • Magnesium carbonate (MgCO3) was deposited as a chemical precipitate in shallow, marginal For personal use only marine lagoons and mudflats, and occurs predominantly as cryptocrystalline particles 1–5 µm in size. 86 separate magnesite interbeds within the Sk
Slide 27: Archer magnesite summary
Archer magnesite summary Archer’s Leigh Creek is the World’s largest For personal use only • cryptocrystalline magnesite deposit • Fully serviced town of Leigh Creek nearby. • Good supply chain logistics - Mt Hutton within 20kms privately owned standard gauge rail line, rail connection to Port Pirie
Slide 28: Archer Copper
Archer Copper Robertstown For personal use only • Robertstown rock chips to 1.75g/t Au and 1.14% Cu. 400m x 60m copper soil anomaly defined by auger drilling. • Cuprite (Cu2O) identified in highly ferruginous gossan. • Significant historic silver deposit. • Robertstown EM flown October 2012. • RC dr
Slide 29: Archer Gold: Epithermal
Archer Gold Epithermal For personal use only • Widespread hydrothermal alteration consisting of argillic and potassic alteration and extensive quartz breccias. • Petrology recorded free gold associated with antimony within a carbonate host rock that had undergone silica flooding and brecciation. Pho
Slide 30: Archer Gold: Epithermal
Archer Gold Epithermal For personal use only • During 2013 the Company also completed short exploration programmes at the Epithermal gold prospect on Wildhorse Plain. • Detailed mapping at the Epithermal gold prospect at Wildhorse Plain has identified a > 6km zone of epithermal alteration (potassic
Slide 31: Archer Gold: Wonna & Watervale
Archer Gold Wonna & Watervale For personal use only • Explored as one area due to the similarities in geology, alteration and gold mineralisation. • Gold has high nugget effect. • Previous assay work by Archer reports from one sample taken in the field, a range of assays from 0.01g/t to 17.45g/t can
Slide 32: Graphite Campoona work schedule to Sept 2014
Graphiteonly Campoona Work schedule to 30 Sept 2014 Activity Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 13 13 13 14 14 14 14 14 14 14 14 14 MLP/PEPR Campoonause Metallurgical characterisation Market assessment For personal Geotechnical drilling Pilot scale testing? Finance options Lodge MLP/PEP
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