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Argent Minerals in Preparation for RC Drilling at Kempfield

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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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Argent Minerals Upgrade Kempfield Deposit Silver MRE

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THE DRILL SERGEANT: Argent Minerals (ASX: ARD) reported an upgraded Mineral Resource Estimate (MRE) for the Kempfield silver deposit within the company’s 100 per cent-owned Kempfield silver-gold-lead-zinc project in New South Wales.

The Kempfield silver deposit MRE now stands at 63.7 million tonnes at 69.75 grams per tonne silver equivalent (AgEq) for 142.8 million ounces of silver, with a 54 per cent increase in silver metal content to 65.8 million ounces silver from the previous 2023 MRE.

Argent Minerals claims the updated MRE positions the Kempfield silver deposit as the second largest undeveloped silver deposit in Australia.

“The upgraded 2012 JORC compliant Resource over the Kempfield silver polymetallic deposit has delivered a significant 54 per cent increase of silver content compared to the previous resource, a major milestone for Argent,” Argent Minerals managing director Pedro Kastellorizos said in the company’s ASX announcement.

“The significance of the Mineral Resource Estimate, both in size and the associated value of the metal content within the resource area is substantial.

“The company believes the discovery of further mineralisation within the project area will further enhance the overall value of the future operations.

“Furthermore, our technical team believe the Kempfield deposit has substantial potential for additional resource growth along strike, down hole plunge and depth.

“Argent will be planning the next phase of drilling within the Kempfield NW, Sugarloaf Hill, Henry’s and Golden Wattle Zone Area with a view of increasing the tonnage and grade of the current resource estimation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE