tight range - something cooking, page-57

a nearology play to NVG is s always good but hardly anything
which will set AXE on fire. Did AXE ever make a comment on their
shale oil/gas ?
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Exploration plans in place for this year on the Leigh Creek PELA, down the road from LNC, surrounded by NVG.

2013 Exploration plan

The plan is to convert the PELA to a PEL at an estimated cost of $50,000. This will involve having a Land Access Agreement in place with the Andyamathanha People #1 claimant group, which is covered by the SC 99/1 claim. The PELA falls short of Lake Torrens. The 2013 exploration plan includes the signing of this agreement. The proposed scope of works for the PEL is as follows:

http://www.archerexploration.com.au/assets/pdfs/AXECoalAndGas120919.pdf


During 2012 Archer was granted EL4869 Ediacara covering 885km2
of ground to the southwest of Leigh Creek and stretching to
the east of Lake Gairdner.

The tenement cover areas where historic exploration focused on base metals, industrial minerals and coal.

In 1983, the Commonwealth Aluminum Company (Comalco) whilst exploring for northern and southern extensions to lead and copper mineralisation found within the reserve, intersected lignitic material in three holes;CT1 (located in the north of the ELA); and CT2 and CT3
(located some 8km inside the SW boundary), ? gure 2.

Other holes that have historically intersected lignitic
material are also shown on ? gure 2.

• Hole CT1 intersected sandy lignite and lignite from 256m to 289m below competent and ?rm transported clay.

• Hole CT2 intersected sandy lignite and lignite from 254m to 290m below competent and ? rm transported clay.

• Hole CT2 intersected sandy lignite and coal fragments from 234m to 244m below competent and ?rm transported clay and recorded two wide intervals of lignite and coal:


- 264 to 276 sandy lignite

- 298 310m (EOH) clay with sub bituminous coal

All the CT holes appear to reside on the western side of the
Ediacara Range. The consistency of intercepts in terms of depth and thickness strongly suggest the lignite and coal intercepts are from one deposition environment.

No additional exploration was performed by Comalco in the areas of the CT holes for coal and or lignite.

Subsequent to the EL Archer through a wholly owned subsidiary, Archer Energy and Resources Pty Ltd, applied for a PELA (567) to cover the
prospective area of lignite.

During 2012 remnant drill samples for the CT holes were retrieved from PIRSA for gas testing.

Two of the three samples were highly degraded.

However CT3, despite also being degraded, showed positive signs for gas.