Archer Exploration Limited (ASX:AXE) Identified Fine Crystalline Flake Graphite At Sugarloaf Deposit
Archer Exploration Limited (ASX:AXE) is pleased to announce that previous detailed petrology by Pontifex and Associates in Adelaide on a sample of graphitic schist taken from the collar of a historic shaft within the Sugarloaf graphite deposit revealed the presence of fine, medium and coarse flake sized graphite. The presence of crystalline flake graphite greatly increases both the marketability and price of graphite.