- Argent Minerals (ARD) strikes “extensive” high-grade silver-lead-zinc mineralisation at its Kempfield polymetallic deposit in New South Wales
- The results come from a recent reverse circulation drilling campaign in the area under which ARD completed three holes for 570 metres
- Argent struck sulphide in all holes, with the drilling revealing broad zones of silver-lead-zinc mineralisation varying from 50 metres to 129 metres from shallow depths
- Meanwhile, Argent has launched a diamond drilling program to extend two drill holes and test other drill targets in the western and northern portions of the tenement
- Argent Minerals is up 6.67 per cent and trading at 1.6 cents at 1:18 pm AEDT
Argent Minerals (ARD) has struck “extensive” high-grade silver-lead-zinc mineralisation at its Kempfield polymetallic deposit in New South Wales.
The results come from a recent reverse circulation drilling campaign (RC) in the area under which ARD completed three holes for 570 metres.
The program aimed to increase the geological confidence in the distribution of the silver-lead-zinc at depth and along-strike from previous drilling campaigns.
Argent reported extensive sulphide mineralisation in all drill holes, with the drilling revealing broad zones of silver-lead-zinc mineralisation varying from 50 metres to 129 metres from shallow depths.
Highlights from the program included 31 metres at 48.68 grams per tonne (g/t) silver, 1.04 per cent lead and 4.06 per cent zinc from 114 metres, including three metres at 212 g/t silver, 3.33 per cent lead and 13.45 per cent zinc from 133 metres.
Further assays included 129 metres at 55.44 g/t silver from seven metres, including 15 metres at 120.77 g/t silver from 33 metres.
The drilling extended the known mineralisation in the southern zone of the deposit to a strike length of over 500 metres, showing zinc grades with depth.
“The RC drilling results clearly demonstrate thick mineralised extensions along strike and depth of the known polymetallic mineralisation over the Kempfield deposit,” Argent Managing Director Pedro Kastellorizos said.
“The company is currently on track to take Kempfield to the next level.”
Meanwhile, Argent has recently launched a diamond drilling program to extend two drill holes and test other drill targets in the western and northern portions of the tenement, with the potential to extend the known Kempfield deposit.
Argent Minerals shares were up 6.67 per cent and trading at 1.6 cents at 1:18 pm AEDT