Company Update - Graphite and Magnesite
Adelaide, Feb 1, 2016 AEST (ABN Newswire) - Archer Exploration Limited (
ASX:AXE) Company Update - Graphite and Magnesite.
Graphite Projects
Battery grade graphite
- Campoona Mining Lease proposal - staged start up
- Further graphite testing with CSIRO - and potential for spheridisation
Sugarloaf agriculture carbon
- soil amelioration and soil remediation prospect
- progress with Adelaide University research
Flake graphite
- Waddikee flake - longer term prospect for 'mass market' graphite production
Magnesite Project
- world's largest cryptocrystalline magnesite deposit
- Alinta's closure of Leigh Creek Coalfield creating opportunities
- access to third party infrastructure providing pathway to imminent production
To view the update presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-903945.pdf
Contact
Mr Greg English
Chairman
Tel: (08) 8272 3288
Mr Gerard Anderson
Managing Director
Tel: (08) 8272 3288
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