Archer Exploration Limited (ASX:AXE) Commencement of Calendar 2013 Drilling Program

Archer Exploration Limited (ASX:AXE) is pleased to announce that drilling commenced on 27th January 2013 on a number of promising deposits and prospects north of Cleve on Eyre Peninsula, South Australia.

The Q1 2013 drill program will consist of:
1. Drilling of projected regional extensions to the Campoona Shaft graphite deposit.

2. Drilling to test for copper/gold targets at Robertstown near Burra.

3. Drilling to test anomalous EM graphite targets on Eyre Peninsula tenements.

4. Drilling of the epithermal gold target at Bartel near Cleve on Eyre Peninsula.

Archer's drilling schedule for Quarter 1, 2013 will consist of:

Nominal Drill Schedule:

Campoona Graphite Targets      Late January - mid February 2013
Robertstown Copper Targets     Mid February - late February 2013
Mt Shannan Graphite Targets    Early March to mid April 2013
Bartel Epithermal Gold Target  April 2013

Figures 1 to 4 (refer to link below) show the location of the proposed drilling showing the planned drill hole locations. The colour of the drill hole locations indicates the depth of the drill holes with magenta being the deepest at +120m, blue + 100m and yellow +80m depth.

Drilling results will be reported as they come to hand.

View the complete Archer Exploration announcement including figures at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-717600.pdf' target=_blank>http://media.abnnewswire.net/media/en/docs/ASX-AXE-717600.pdf' target=_blank>http://media.abnnewswire.net/media/en/docs/ASX-AXE-717600.pdf



About Archer Materials Limited

Archer Materials Limited (ASX:AXE) is an Australian ASX listed company developing innovative deep tech for commercialisation in the multibillion-dollar global industries of quantum technology, human health, and reliable energy.

 

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