Overview of Argent Minerals' latest discovery

Argent Minerals Limited (ASX: $ARD) has announced the delineation of a significant silver mineralisation extension zone proximal to the Kempfield deposit. The extension, named Sugarloaf Hill, spans over 2.1km in length and approximately 300m in width, with high-grade surface rock chips confirming the presence of a substantial silver-rich zone. The company's Managing Director, Mr Pedro Kastellorizos, expressed enthusiasm for the discovery, highlighting the potential for further exploration and development pending regulatory approvals.

Executive commentary on the discovery

Surface assay results southeast of the main Kempfield Deposit have confirmed a massive, silver-rich mineralised extension zone running parallel to Lode 200 Mineralised Block. The zone hosts the same geology and geochemical signatures as the main mineralisation over the Kempfield Deposit. Based on the defined mineralised dimensions, the strike of the mineralised zones surpasses the existing Lode 200 Mineralised Block area, again elevating Kempfield's exploration upside. We plan to drill these newly defined mineralised zones in 2024 once all regulatory approvals have been granted to Argent.

Summary of the discovery and future plans

Argent Minerals Limited (ASX: $ARD) has successfully delineated a substantial silver mineralisation extension zone, named Sugarloaf Hill, proximal to the Kempfield deposit. The extensive zone, spanning over 2.1km in length and approximately 300m in width, has exhibited high-grade surface rock chips with silver assays up to 318 g/t Ag, 0.58% Pb, and 0.54% Zn. The company plans to drill these newly defined mineralised zones in 2024 pending regulatory approvals, aiming to further explore and develop the potential of the discovery. With pending assay results from additional rock-chip samples, Argent Minerals looks forward to unlocking the full prospectivity of the Sugarloaf Hill zone and its implications for the Kempfield Polymetallic Au-Ag-Pb-Zn Project in NSW.