Archer Materials Limited

Archer Exploration Limited (ASX:AXE) is pleased to announce that drilling at four exploration targets (Sugarloaf - graphite, Salt Creek - manganese, Emu Plains - copper and Campoona - iron) was completed on Saturday 9th April 2011.

Archer Exploration Limited (ASX:AXE) is pleased to announce that drilling commenced on 16th March 2011 on a number of promising deposits and prospects near Cleve and Darke Peak on Eyre Peninsula, South Australia. Drilling is expected to take up to four weeks to complete.

Preliminary interpretation of a ground gravity survey completed by Archer Exploration Limited (ASX:AXE) at Wildhorse Plains located on Eyre Peninsula in South Australia, has identified a substantial gravity anomaly that may indicate the presence of hematite at both Campoona Syncline and Mt Desperate.

Australian Market Report of January 21, 2011 includes: Prairie Downs Metals Limited (ASX:PDZ) reported high grade zinc-lead-silver mineralisation; BC Iron Limited (ASX:BCI) announced proposed acquisition by Regent Pacific Group Limited (HKG:0575); Middle Island Resources Limited (ASX:MDI) completed an 800m trenching programme on the Reo Project in Burkina Faso; Archer Exploration Limited (ASX:AXE) will commence a ground gravity survey at Wildhorse Plains in South Australia.

Australian Market Report of December 17, 2010 includes: Carabella Resources Limited (ASX:CLR) confirmed coking coal resources at Grosvenor West in Queensland; Archer Exploration Limited (ASX:AXE) reported peak assays of 0.47% rare earth elements at Ketchowla manganese deposits; Energy Metals Limited (ASX:EME) has completed resource estimate for its 100% owned Lake Mason project in Western Australia; IMX Resources Limited (ASX:IXR) announced analytical results from the initial 6 RC drill holes completed at Snaefell iron ore prospect in South Australia.