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Argent Minerals (ASX: $ARD) commences RC drilling at Kempfield deposit

Argent Minerals Limited (ASX: $ARD) RC drilling update


Argent Minerals Limited (ASX: $ARD) has commenced a 1,200 metre RC drilling program at the Kempfield Deposit in New South Wales. The objective of the program is to expand the current resource footprint along known barite extensions from the Lode 200 mineralised zone. The drilling campaign, estimated to be completed within 3 weeks, will focus on testing unexplored zones outside the current resource area.

Executive commentary on RC drilling campaign


Argent Minerals Limited Managing Director Mr Kastellorizos expressed, 'Argent is pleased to announce that we have received NSW Regulator approval for an RC drilling campaign over Argent's Flagship Project, Kempfield Deposit in NSW. The project area has delineated significant walk-up drill targets yet to be systematically drill tested from previous ground exploration programs. Based on structural, geological, geochemical, and historical drilled mineralised intersections, Argent has identified several untested zones which have excellent potential to host gold, silver and base metal mineralisation.'

Summary of RC drilling program and outlook


Argent Minerals Limited (ASX: $ARD) has initiated a 1,200 metre RC drilling program at the Kempfield Deposit with the aim of expanding the current resource footprint and testing unexplored zones outside the current resource area. The company's Managing Director, Mr Kastellorizos, highlighted the potential for discovering gold, silver, and base metal mineralisation in the untested zones. The Kempfield Project remains on track for further resource expansion based on numerous geochemical and geophysical targets which remain completely untested from previous historical exploration. The company's ambitious exploration program reflects its commitment to unlocking the full potential of the Kempfield Deposit and advancing its corporate strategy.

ARGENT MINERALS LIMITED
ARD | ASX | Materials
0.015-0.001(-6.25%)
At close 05/07 (AEDT)
Market cap
$22.9M
Volume
683,706
DY Yield
0
PE Ratio
0
52 Week Range
0.008 - 0.023
1YR Return
-70%

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