Archer Exploration Corp. announced the results of its 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project in the Abitibi Greenstone Belt of Quebec, Canada. Highlights.

GR23-08: 1.06% Ni, 0.14% Cu, 0.7 g/t Pt-Pd over 5.60 metres. Winter 2024 Drill Program. The 2024 Winter Program consisted of three diamond drill holes totaling 1,323 metres of drilling.

The primary objective of the program was to test the new geophysical anomaly, N9, approximately two kilometres northeast of the Grasset Deposit and to further explore the high-grade H1X Discovery Zone. H1X Discovery Zone Drilling Results. Holes GR23-07 and GR23-08, drilled in December 2023, confirmed the extension of mineralization in the H1X Zone to a depth of approximately 430 metres, approximately 100 metres below the discovery hole, GR23-03, which intersected 0.30 metres of massive sulphides at a depth of 330 metres.

Grades and textures, observed at the bottom of the main ultramafic package, indicate the potential for recent intersections to be at the fringe of a new high-grade-hosting ultramafic conduit. All four drill holes in the H1X Discovery Zone intersected nickel grades higher than the Indicated Resources average grade of the H1 Horizon of 0.82% (Tables 1 and 2). N9 Target Drilling.

Hole GR24-09 was designed to intersect the center of the conductive plate, at a depth of about 400 metres below surface. Due to technical difficulties, hole GR23-09 was unable to reach its target and following an unsuccessful attempt to wedge the hole a depth of 336 metres, the decision was made to abandon the hole and move the drill rig to the Grasset Deposit for continued drilling of the H1X Discovery Zone. Notwithstanding the technical challenges, the N9 target remains a priority as it presents very similar characteristics to the S6 plate that overlays the H 1X Discovery Zone.