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ARCHER MATERIALS LIMITED — AGM Information 2009
Nov 26, 2009
64478_rns_2009-11-26_035c3245-8a97-4d41-914f-ffe476b2f007.pdf
AGM Information
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Annual General Meeting 27[th] November 2009
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Pro ect pj U date Mike Hatcher
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Disclaimer
Competent persons statement
The exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr. Wade Bollenhagen, Exploration Manager of Archer Exploration Limited. Mr. Bollenhagen is a Member of the Australasian Institute of Mining and Metallurgy who has more than fifteen years experience in the field of activity being reported. Mr. Bollenhagen consents to the inclusion in the report of matters based on his information in the form and context in which it appears.
Forward looking statements
The information in this presentation is published to inform you about Archer Exploration Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements.
Although Archer Exploration Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results and outcomes will be consistent with these forward-looking statements.
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ARCHER NOVEMBER 09
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Financial Shares 64 . 42m Options 32 . 2m . Share Price $0.125 Nov 25[th] 2009 Market Cap $8.05m Dec 1[st] 2009 Cash on Hand Forecast $ 4.6m
Exploration Strategy
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1 . Consolidate & maximize value of Current Holdings
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Prudent Capital Management – Limit Fixed Costs
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Look for opportunities through application or acquisition
Current Holdings
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7,033 Sqr Kms of Granted Title in South Australia.
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Application 880 sqr Kms
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100% owned by Archer
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ARCHER NOVEMBER 09
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Advanced Exploration Targets
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Ketchowla Manganese
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Olympic Dam Province - Apollo
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Carappee Hill
Pipeline Projects
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Eyre Peninsula Nth Cowell
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Wilmington Project
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World’s End
o Pindari Ni Project o Sugarloaf Graphite Projects o Jamieson Tank Mn/Fe o Bender Au/Cu
Ketchowla Manganese
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Infrastructure
Area: 810 sqr Kms Equity: 100% Granted: 15[th] June 2009
Rail : 36 kms to E-W Trans Aust Rail Port: 109 kms from Pt. Pirie Towns: 43 Kms from Burra 35 kms Peterbourgh Land Use: Sheep grazing McBrides & Old Collingwood Stations Power: Domestic Power Lines to Old Stations
Ketchowla Manganese
K1 Looking Nth
K1 Prospect
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K1 Pit
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K1 Pit
Rock chip sample
18 . 7% = % M n
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K1
Looking sth
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Ketchowla Manganese
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K1 Nth
K1 Nth – hidden by scree and calcrete
27% Mn
0.53% Ni
0.21% Co
0.25% Cu
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27% Mn
0.53% Ni
0.21% Co
0.25% Cu
Regional Rock Chip Sampling K1 Nth – small pit exposes manganese
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Ketchowla Manganese
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K2
K2 Manganese Outcrop
K2 Manganese Outcrop
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Ketchowla Manganese
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K6
K8
K9
K8
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Ketchowla Manganese
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K6
K9
K9
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Ketchowla Manganese
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K1 Geochemistry - 12 samples
•Manganese ‐average grade 32.8% Mn with a maximum of 42% Mn
•Copper – average grade of 0.38% Cu with a maximum of 0.86% Cu;
•Cobalt – average grade of 0.22% Co with a maximum of 0.48% Co;
•Nickel – average of 0.35% Ni and maximum of 0.75% Ni; and
•Zinc – average of 0.26% Zn with a maximum of 0.54% Zn.
• Molybdenum average 183 ppm Mo maximum 380 ppm Mo
K2 Geochemistry - 30 samples
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K9 Sth
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•Manganese – average grade 32.5% with a maximum of 48.1 % Mn.
•Copper – average grade of 0.14% Cu with a maximum of 0.49 % Cu;
•Cobalt – average grade of 0.21% Co with a maximum of 0.50 % Co;
•Nickel – average grade of . 0 11% Ni and maximum of 0 62. % Ni; and •Zinc – average grade of 0.16% Zn with a maximum of 0.44 % Zn.
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K8
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Ketchowla Manganese
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4[th] Most consumed Metal after Fe, Al, Cu Increases Steel hardness, toughness, stiffness, wear resistance
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Mantle for Cone Crusher
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Bearings, pins bushes
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Wear Plates – Grader Blades
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Saw Blades
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Lithium Manganese Battery
Ketchowla Manganese
Summary
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•Tenement ranted Mid June 09 g
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Mn exposed in outcrop and pits in a 135Kms[2 ] Area
• 5 Prospects with discontinuous Mn pods exposed over >1 km
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Economic Mn grades and widths indicated by rock chip sampling.
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Surface samples are anomalous for Co, Ni, Cu.
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Close to im ortant infrastructure on shee razin land. p p g g
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Expect to carry out a 2,000m RC drilling program in Q1 2010
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Model for exploration for Archer Exploration
WEST ROXBY PROJECT
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Area: 4,521 sqr Kms Equity: 100% Granted: 23[th] June 2007
WEST ROXBY PROJECT
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Apollo
Project Status
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Sought Expressions of Interest from
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Major Mining Companies.
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Resolution Q1 2010
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Gravity Image
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Olympic Dam Province-Apollo Target
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Apollo Topography
20-30m topographic Low
Apollo magnetics
Apollo Gravity Anomaly 7—8mgal Low
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Carappee Hill Eyre Pen.
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Carappee
Hill
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Area: 54 sqr Kms Equity: 100% Granted: 21 Feb 2007
Carappee Hill Eyre Pen.
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Pindari
Nickel
Monax – OMM
Mn Farmin
Agreement
Jamieson Tank
Manganese
Sugarloaf
Gra p hite
Bender
Au - Cu
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Carappee Hill Pindari Ni Project.
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EM Conductivity
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Magnetic
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Regional Setting
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Near Polda Lineament
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3 kms Bullseye magnetic anomaly
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coincident conductivity anomaly
Pindari 1 Drill hole
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9 31m 0 . 19% Ni , . 0 24% Cr
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Nickel sulphides pentlandite and violarite identified.
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likely host rock altered ultramafic
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potential Nickel sulphide mineral system
Carappee Hill Sugarloaf Graphite.
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CHRC017
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- 12-52m 42m @ 10.8% total C 92-100m 8m @ 10.7% total C
CHRC010
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10-26m 16m @ 11.3% total C. 77-113m 36m @ 14.0% total C.
CHRC016
36 - 64m 28m @ 11 . 1% total C .
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Pt Lincoln Uley Project Resource 3.2mt @ 9% TC.
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EM Conductivity Image
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Sugarloaf Graphite Workings
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Carappee Hill Sugarloaf Graphite.
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Composite Materials
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Composite
Carbon Fiber
Materials
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Carappee Hill Bender Au/Cu.
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Bender Prospect
- o ld C opper wor ki ngs to 30 m
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electromagnetic conductivity anomaly
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500m Au soil anomaly
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Rock Chip sampling >0.1g/t confirmed
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Carappee Hill Jamieson Tank Mn/Fe.
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Archer (2008) CHRC014 9m @ 16.1% Mn from 41m 24m @ 12% Mn from 61m
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WMC (1993)
SJPC41 11m @ 13% Mn from 12m. 5m @ 19.6% Mn from 41m. SJPC42 4m @ 18.9% Mn from 7m. 4m @ 17.6% Mn from 39m. SJPC45 5m @ 12.3% Mn from 37m. SJPC46 7m @ 10.9% Mn from 13m. SJPC47 10m @ 12 4% M. n rom f 17m. Aeromagnetic Image SJPC48 3m @ 22.8% Mn from 7m.
PIPELINE PROJECTS.
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Nth Cowell Wilmington Worlds End Area: 93 sqr Kms Area: 1,059 sqr Kms Area: 592sqr Kms Equity: 100% Equity: 100% Equity: 100% Granted: 29[th] June 2010 Granted: 10 Nov 2008 Granted: 3 March 2010
Pipeline Projects – Nth Cowell
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Aeromagnetic Image
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10kms
Pipeline Projects - Wilmington
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Spring Creek Copper
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Whyte Copper >1km soil Cu anomaly
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Caltowie Fe Copper Range Ltd
Pipeline ‐ Worlds End
- 15 kms SE of Burra Cu Mine
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Fairview Phosphate
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Cu-Au structures
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Large structures, of ld hinges which appear to control Cu mineralisation at Burra .
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Burra
Burra
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ARCHER 2010
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2009/2010 Program Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010
Advanced Projects
Ketchowla Mn
Pindari Ni
Apollo
Jamieson Tank Mn/Fe
Sugarloaf Graphite
Bender Au/Cu
Pipeline Projects
Nth Cowell
Wilmington
Worlds End
Field Reconnaissance & Mapping Acquire More Ground
Bedrock Geochemistry Geophysical Survey
Drilling Geophysical Interpretation
Pursue Farmin or JV opportunities
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2010 Exploration Strategy
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Consolidate & maximize value of Current Holdings
o Negotiating JV’s - 3 Properties o Plans to drill 3 Properties in Q1 & Q2 2010
Seek Opportunities through Application and Acquisition
o 880 sqr Kms under application o Advanced Ne otiations on 900 s r Kms on E re Peninsula g q y o Monitoring competitors
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ARCHER 2010
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Exploration Team
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Mr Michael Hatcher Chief Executive Officer
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39 years of experience in mineral exploration, acquisition and mining.
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Ex p erience g ained in Australia , New Zealand , USA and West Africa
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Mr. Wade Bollenhagen - Exploration Manager
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- 15 y ears of ex p erience in mineral ex p loration , assessment and minin g .
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Experience gained in Western Australia, South Australia, Queensland and Africa
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Mr. Claude Walter – Senior Field Supervisor
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20 years of experience in mineral exploration, surface and underground mining.
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Experience gained in Western Australia and South Australia
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Thank you
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