Archer Exploration (CSE:RCHR) - Drilling Down-dip at Grasset, Quebec, for more Ni

Interview with Tom Meyer, President & CEO of Archer Exploration (CSE: RCHR)Recording date: 6th July 2023Archer Exploration (RCHR) is a leading nickel exploration and development company with a strong emphasis on the Canadian market. Headed by Tom Meyer, the company's President and CEO, Archer Exploration focuses on two key projects in their portfolio. One of these projects is the Grasset project, situated in Quebec, while the other comprises a large land package of nickel exploration projects in the Sudbury Camp.Tom Meyer brings a wealth of experience to the company, having worked as a metallurgist and mining analyst in the past. His background includes working for prominent consulting firms, as well as renowned mining companies like Inco (now Vale) and Falconbridge (now Glencore). With his expertise, Tom Meyer possesses a deep understanding of mineral processing and nickel minerals in Canada.Archer Exploration's flagship asset is the Grasset project, located in the Abitibi region of Quebec. This project gained significant attention in 2012 when nickel was accidentally discovered during gold exploration activities. Previously owned by Balmoral, the project became non-core when it was acquired by Walbridge, which focused primarily on gold assets. Recognizing the potential value of the Grasset project, Archer Exploration seized the opportunity to acquire it from Walbridge.The Grasset project stands out due to its high-grade nickel sulfides and exceptionally low carbon footprint. It offers a cleaner and more stable source of nickel compared to laterite deposits in Southeast Asia, which often present environmental challenges. Archer Exploration aims to expand the resource base at Grasset by drilling deeper and defining additional nickel units. The company plans to double the intersection depth below the existing resource, potentially reaching depths of 1,200 to 1,500 meters.Despite temporary pauses in operations due to forest fires in Quebec, Archer remains committed to advancing its exploration efforts at Grasset. Over the next six months, the company aims to complete its drilling program, incorporate data from various drilling techniques, and refine the geological model. Archer Exploration's comprehensive approach positions it as a promising player in the Canadian nickel market, with significant potential for resource growth and value creation.