Perth, Australia (ABN Newswire) - Archer Exploration Limited (ASX:AXE) has announced the most recent Graphite Update

Summary

- Australia's largest JORC 2012 graphite resource

- Archer is developing the Campoona Project, one of its three 100% owned graphite projects in South Australia.

- Located in a safe jurisdiction with access to power, water and a skilled workforce.

- Campoona produces an ultra-pure graphite suitable for use in lithium ion batteries.

- Large flake JORC resource at Wilclo South

- Archer graphite used in graphene manufacture with ongoing graphene development.

- Management team has proven mine building and operating experience.

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-AXE-860858.pdf



About Archer Exploration Limited:

Archer Exploration Limited (ASX:AXE) is an Australian Stock Exchange listed company with 100% ownership of 15 tenements and one Exploration Licence Application all in South Australia covering 6,053 km2.

Archer also has the rights to all minerals other than uranium on EL4693 covering a further 816 km2. Archer's main project is the Campoona Graphite Project which is located within reach of established and major developing infrastructure. It has a JORC 2004 Resource of 5.27 million tonnes @ 7.6 % TC (based on 2% TC cut-off).



Source:

Archer Exploration Limited



Contact:

Archer Exploration Limited
T: +61-8-8272-3288
WWW: www.archerexploration.com.au