| 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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