Argent Minerals in Preparation for RC Drilling at Kempfield
THE DRILL SERGEANT: Argent Minerals (ASX: ARD) is preparing a program of RC drilling to be carried out over the company’s 100 per cent-owned Kempfield copper-lead-zinc-gold-silver project in New South Wales.
Argent Minerals upgraded the Kempfield silver deposit Mineral Resource Estimate in July this year for all categories to 63.7 million tonnes at 69.75 grams per tonne silver equivalent for 142.8 million ounces silver equivalent, containing of 65.8 million ounces of silver, 125,192 ounces gold, 207,402 tonnes lead and 420,373 tonnes zinc.
The drilling program has been tasked with the following objectives:
• Confirm newly discovered Kempfield NW and Sugarloaf Hill prospects as potential VMS polymetallic style mineralisation proximal to the Kempfield deposit.
• Confirm Golden Wattle and Henry Zone prospects as potential orogenic gold style mineralisation.
• Delineate new mineralised extensions/zones outside the current resource area within the Kempfield project.
• Drill test numerous high-grade geochemical gold-silver-base metals zones over Kempfield NW, Sugarloaf Hill Zone, Henry’s and Golden Wattle zones delineated in the 2024 surface sampling programs.
• Delineation of mineralisation may result in an overall increase in tonnage and grade of the current Kempfield deposit.
“Argent is pleased to announce that we have received NSW Regulator & Crown Lands approval for an RC drilling campaign over Argent’s flagship project, Kempfield deposit in NSW,” Argent Minerals managing director Pedro Kastellorizos said in the company’s ASX announcement.
“Recent work in the project area has delineated significant walk up drill targets yet to be systematically drill tested.
“Based on structural, geological and the more recently completed geochemical programs, Argent has identified 13 untested zones which have excellent potential to host gold, silver and base metal mineralisation.
“We have advanced the company’s strategy by identifying priority target areas which have the potential for delineating undiscovered mineralisation.
“The Kempfield project remains on track for further resource expansion based on numerous drillholes which finished in mineralisation along with broad high-grade down plunging silver mineralisation previously outlined.”
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