Archer Materials Limited

Archer Exploration Limited (ASX:AXE) has announced the most recent Graphite Update

Archer Exploration Limited (ASX:AXE) advises that it has lodged the Draft Campoona Shaft Mine Lease Proposal (MLP) with the South Australian government's Department of State Development for review against the requirements of the Mining Act.

Graphite developer, Archer Exploration Limited (ASX:AXE) has executed the final Sale and Purchase Agreement to acquire the land underlying the Company's imminent Mining Lease Application for the Campoona Shaft graphite deposit on SA's Eyre Peninsula.

Graphite technology-focused Archer Exploration Limited (ASX:AXE) advises that tests conducted by the CSIRO confirm the suitability of the Company’s ultra-pure graphite from its Campoona project on South Australia’s Eyre Peninsula, as suitable for lithium-ion battery application.

Archer Exploration Limited (ASX:AXE) is an Australian Stock Exchange listed company with 100% ownership of 17 tenements all in South Australia. Archer's flagship project is the Eyre Peninsula Project which is located within reach of established and major developing infrastructure.

Archer Exploration Limited (ASX:AXE) is pleased to announce that it has achieved another milestone in the development of the Company's Campoona and Sugarloaf graphite projects.

Archer Exploration Limited's (ASX:AXE) exploration activities during the six months ended 31 December 2014 focused on exploration of the Group's Eyre Peninsula Graphite Project which includes the newly acquired EL4662 Waddikee tenement, the Leigh Creek Magnesite deposits and the Spring Creek copper prospect.

Archer Exploration Limited (ASX:AXE) owns largest JORC 2012 graphite resource with 8.55Mt @ 9.0 Cg% (5% lower cut- off grade). Wilclo South is an important deposit for Archer as it hosts high quality flake graphite and accounts for most of this resource

Archer Exploration Limited's (ASX:AXE) 100% owned Waddikee EL 4662 located near Cleve, South Australia hosts the Wilclo South, Argent, Cut Snake, Wilclo, Balumbah, Francis, Lacroma and Ridgestone graphite prospects.

Archer Exploration Limited (ASX:AXE) is pleased to advise that the transfer of EL 4693 Wildhorse Plain to Pirie Resources Pty Ltd, a wholly owned subsidiary of Archer Exploration Limited, has now been completed following ministerial approval.