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Archer signs MoU for Leigh Creek

Junior explorer Archer Exploration has paved the way for the development of its Leigh Creek mangnesite project, in South Australia, with the signing of a memorandum of understanding (MoU) with a local operating magnesite mine.

Under the MoU, Archer and an unnamed party would work together to execute legally binding agreements for the long-term supply and mining of magnestie at Leigh Creek.