Announcement Date: 2022-11-29
Announcement Type: Deposit Estimation
Announcement Code: JORC
Company name: Archer Exploration Ltd.
Project name: Grasset
Location: Canada
Commodities: Palladium,Platinum,Copper,Nickel,Cobalt
Highlight: Updated Resource Estimate for Project
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Archer Exploration Corp. (“Archer” or the “Issuer”) retained InnovExplo Inc. (“InnovExplo”) to prepare a technical report (the “Technical Report”) to support the result of the mineral resource estimates for the Grasset deposit (the “Grasset MRE”) in accordance with Canadian Securities Administrators’ National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43 101”) and Form 43-101F1. The mandate was assigned by Keith Bodnarchuk, President and CEO of Archer. InnovExplo is an independent mining and exploration consulting firm based in Val-d’Or, Quebec. Archer is a Canadian mining company trading publicly on the Canadian Securities Exchange (“CSE”) under the symbol RCHR. Archer acquired the Grasset Property (the “Property”), the subject of this Technical Report, through a transaction with Wallbridge Mining Company Ltd.(“Wallbridge”). Contributors This Technical Report was prepared by InnovExplo employee Carl Pelletier, (P.Geo.), Co-President Founder of InnovExplo, independent and qualified person (“QP”) as defined by NI 43 101.
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