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Archer Exploration Limited is an ASX listed (ASX code 'AXE') phosphate, iron ore, manganese and base metals explorer focused on the discovery of world-class deposits. The Company has carefully acquired a portfolio of wholly owned projects in the highly prospective Gawler Craton region of South Australia.
The Company’s Carappee Hill Project on South Australia’s Eyre Peninsula contains iron ore grades of up to 57% and manganese grades of up to 38%. The Company is undertaking further exploration at Carappee Hill and is assessing a range of options for the further development of this exciting project.
The Company is also well advanced on the exploration of its Olympic Dam style iron oxide-copper-gold-uranium (IOCG-U) deposit. The Evelyn Dam anomaly has early geophysical characteristics similar to those of Olympic Dam and the recent Carrapateena discovery.
Although uranium is not the core focus of Archer Exploration, the Company has many exploration targets that are worth pursuing.
Archer Exploration has an experienced board and management team and has the ability to maximise the potential of the Company’s projects.
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Copyright Archer Exploration Limited 2008 ACN 123 993 233 |
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