Commencement of Calendar 2013 Drilling Program
Perth, Jan 29, 2013 AEST (ABN Newswire) - 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 2013Robertstown Copper Targets Mid February - late February 2013Mt Shannan Graphite Targets Early March to mid April 2013Bartel 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
Contact
Archer Exploration Limited
T: +61-8-8272-3288
WWW: www.archerexploration.com.au
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