o 11m @ 0.32% copper from surface, including 2m @ 1.4% copper from 6m (hole BHRC1708).
o 15m @ 0.15% copper from 2m, including 2m @ 0.9% copper from 14m (hole BHRC1710).
o 18m @ 0.16% copper from 1m (hole BHRC1716).
Additional rock chip assay results due next 1-2 weeks.
Re-processing of available magnetics has commenced to assist in identification of future drill targets
Archer announced the first results from the Blue Hills drilling on 7 June 2017 with the most significant intersections being:
BHRC 1701 23m @ 0.3% Cu from surface.
BHRC 1704 12m @ 0.5% Cu from surface
The latest results from Blue Hills are consistent with the first results and confirm the presence of significant near surface copper mineralisation over a large area.
The most significant intersections from the latest assay results, include:
BHRC 1708 11m @ 0.32% Cu from surface, including 2m @ 1.4% Cu from 6m.
BHRC 1710 15m @ 0.15% Cu from 2m (surface?), including 2m @ 0.9% Cu from 14m (hole BHRC1710).
BHRC 1716 18m @ 0.16% Cu from surface
As previously stated (ASX 07/06/17), chalcopyrite is observed in all intervals that report >100ppm Cu (see Annexure 1 for assay results). The considerable width of mineralisation (>40m) coupled with strong ground preparation (silica flooding) indicates the potential for a large-scale copper discovery.
Next Steps
Archer has commenced the re-processing of available geophysics data at Blue Hills. A ground based electro-magnetic (EM) survey and a comprehensive program of mapping and soil sampling will also be undertaken to further define the potential size of the mineralised zone and to assist with ongoing drill targeting.
The above work program will be followed by a more targeted drilling program.
The Company looks forward to progressively releasing further results as they come to hand.
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