Argent Minerals' Kempfield Silver Deposit Update

Argent Minerals Limited (ASX: $ARD) has reported a substantial 54% rise in the Kempfield Silver Deposit Mineral Resource Estimate, solidifying its position as the second largest undeveloped silver deposit in Australia. The upgraded estimate now stands at 63.7Mt @ 69.75 g/t silver equivalent for 142.8 million ounces of silver, with a 54% increase in silver metal content to 65.8M OZ silver from the previous 2023 Mineral Resource Estimation. The deposit also contains 125,192 thousand oz Gold, 207,402t Lead, and 420,373t Zinc. The company aims to enhance the project's value through additional resource growth and has identified new prospects for exploration. Situated in the Lachlan Orogen, known for hosting world-class mines, the Kempfield Project holds significant potential to emerge as a major producer of base and precious metals.

Executive Commentary on Kempfield Silver Deposit Update

The significant increase in the Kempfield Silver Deposit Mineral Resource Estimate marks a pivotal moment for Argent Minerals. Our focus on resource growth and exploration has been instrumental in achieving this milestone. The strategic positioning of the Kempfield Project in the Lachlan Orogen, coupled with the substantial increase in silver metal content, underscores its potential to become a significant contributor to Australia's base and precious metals production. We are committed to further enhancing the value of the project through diligent exploration and development efforts.

Summary of Argent Minerals' Announcement

Argent Minerals Limited has unveiled a noteworthy 54% surge in the Kempfield Silver Deposit Mineral Resource Estimate, positioning it as a prominent player in the Australian silver market. The company's strategic focus on resource growth and exploration bodes well for the future development of the Kempfield Project, which is strategically located in the Lachlan Orogen region. With plans for additional resource growth and exploration, Argent Minerals aims to solidify its position as a major producer of base and precious metals. The announcement also outlines the company's forward plan for the project, including infill drilling, extensional drilling, and exploration of untested mineralized zones to increase tonnage and grade. The comprehensive update provides valuable insights into the company's ambitions and goals for the Kempfield Project, setting the stage for potential future developments.