Archer Materials Limited (“Archer”, “Company”, ASX: AXE) is pleased to announce an update on the results of drilling at the Company’s 100% owned Franklyn Halloysite-Kaolin Project (“Franklyn Project”) and the Eyre Peninsula Halloysite-Kaolin Project (“EP Project”).
Highlights
Halloysite confirmed in drilling at Franklyn Halloysite-Kaolin Project.
Aircore drilling at the Eyre Peninsula Halloysite-Kaolin Project (“EP Project”) is completed with 21 holes drilled for 506m across three prospects.
Visual indications from EP Project support good kaolin development over thick intervals.
Beneficiation trials with a potential customer are expected to commence later this month.
Assay, XRD and other test results from EP Project expected in coming weeks.
Archer’s maiden drill program at Franklyn was completed in December 2019 (ASX announcement 4 Dec 2019) with 21 holes drilled approximately 500m apart to test and extend the scale of halloysite and kaolin mineralisation recorded in historic drilling. The kaolin clay drill hole samples were tested for chemical composition (i.e. Al2O3 grade) and for the presence of halloysite.
Kaolinitic clays were intersected in 18 of the holes drilled at the Franklyn Project with drill holes FRAC19-14 to FRAC19 reporting screened grades above 36% Al2O3 and recoveries above 50% (ASX announcement 15 Jan 2020). Samples from these holes were then submitted
