Archer Exploration Updated on Campoona Graphite Deposit Drilling

Archer Exploration Limited (ASX:AXE) reported a staged resource drilling program at the Campoona Graphite Deposit.

As quoted in the press release:

The assays for the 6 drill holes reinforce the observations made from previous drilling, namely:

• The high grade intersections carry visible flake graphite. Previous petrology records average graphite size of between 250-300 microns (large flake is >177 micron).

• The discrete intense graphitic schist is hosted within graphitic proto-gneiss formed under conditions important for the development of crystalline graphite.

Click here to read the Archer Exploration Limited (ASX:AXE) press release.