Argent Minerals Hits High-Grade Silver and Base Metals at Kempfield
- StockHound
- April 30, 2024
- 9:01 am
- Mining News
Key Take Away: Argent Minerals (ASX: ARD) has intersected broad, thick zones of high-grade silver, lead, and zinc mineralization at its Kempfield project in Australia. Drill results from the company’s reverse circulation program have expanded the known mineralized footprint, with one intercept up to 88 meters thick from surface.
Argent Minerals (ASX: ARD) announced that all 12 reverse circulation (RC) drill holes completed over the Kempfield deposit encountered shallow, high-grade silver-lead-zinc mineralization. The drilling targeted extensions of the Lode 200 mineralized block, both to the northeast and west.
Significant results from the northeastern extension area include 29 meters at 34.09 grams per tonne (g/t) silver, 0.14% lead, and 0.41% zinc from a depth of 50 meters in hole AKRC233. Hole AKRC241 intersected 25 meters at 31.09 g/t silver and 0.25% zinc from 11 meters.
In the western zone, hole AKRC238 returned 88 meters at 25.23 g/t silver, 0.10% lead, and 0.08% zinc from just 2 meters down hole, including a higher-grade interval of 52 meters at 39.94 g/t silver and 0.11% lead from 32 meters.
Argent Managing Director Pedro Kastellorizos commented, “The newly defined high-grade silver-base metal zones demonstrate a strong continuation of mineralised extensions along strike and at depth within the Lode 200 Mineralised Block. These zones of mineralisation have identified that the lateral and vertical depth of the overall mineralised lode system is trending in a north-east direction towards the 16.2 Moz Silver Equivalent Lode 300 Mineralised Block.”
“The assay results further reinforce the significant upside potential of the Kempfield Project as we continue to expand the mineralised footprint. The drilling has confirmed further high grades over extensive intervals, but also new zones of higher-grade mineralisation outside of the JORC Resource area”.
“In addition to the significant advancements made at Kempfield, the delineation of the Kempfield NE, Sugarloaf Hill, Henry’s and Golden Wattle Prospects within our project portfolio now represent significant high-grade surface Au-Ag-Pb-Zn targets which will be systematically drill tested during the course of 2024”.
The Kempfield project is located in New South Wales, Australia. Argent’s drilling is focused on growing the known silver, lead, and zinc resources as demand for these metals increases due to their use in renewable energy technologies, such as solar panels and batteries for electric vehicles.
Argent Minerals Limited (ASX:ARD)
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