Archer Exploration (AXE)

Shares / Stock Code

AXE

Stock Exchange / Sharemarket

Australian Securities Exchange

Archer Exploration (AXE) is a mineral exploration company engaged in the discovery of world-class deposits on the Stuart Shelf of the Gawler Craton, South Australia. The Company explores Olympic Dam style iron oxide-copper-gold-uranium (IOCG-U) deposits, and sediment–hosted uranium deposits in the Gawler Craton of South Australia. Archer Exploration listed on the Australian Stock Exchange on 14th August 2007. The Company’s portfolio comprises of eight mineral exploration interests covering a total of 5,693 kilometers, with 100% interest in all of its exploration titles.

Archer has a high-priority target in the Evelyn Dam gravity anomaly which has early geophysical characteristics as of Olympic Dam and the current Carrapateena discovery. The Company's primary task will be to drill test the Evelyn Dam anomaly. It will also extend geophysical coverage across the remaining of its 100%-owned tenure to classify already known anomalies, and to find out new anomalies, in this region. Some of its tenements also have prospective for sediment-hosted and rollfront styles of uranium mineralization. Its Carappee Hill Project on South Australia’s Eyre Peninsula has 57% of iron ore grades and 38% of manganese grades. Archer is conducting further exploration at Carappee Hill and is evaluating a range of options for the advance development of this exciting project.

The Company has a highly skilled and experienced board and management team having the skills to make best use of the prospective of the Company’s projects.

Archer Exploration (AXE) Products and Services

  • Copper
  • Gold
  • Uranium
  • Phosphate
  • Iron and Maganese
  • Base Metals

Archer Exploration (AXE) Locations and Subsidiaries

Archer Exploration Head Office
32 Beulah Rd
Norwood SA 5067
Phone: (08) 8132 0003
Fax: (08) 8132 0766

Archer Exploration Subsidiaries

Pirie Resources Pty Ltd
Kensington Exploration Limited

Other Archer Exploration Details

Archer Exploration Year Established: 2007
ACN: 123 993 233
D-U-N-S: 755651411
ABN: 64123993233

Archer Exploration (AXE) Share Price

Submitted by ASX Listed Company on 15 September, 2008 - 00:17

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