Argent Minerals Limited (ASX:ARD) Announces Significant VMS Mineralisation Extension at Kempfield NW
Mineralisation Expansion
Argent Minerals Limited has received final assay results from its recent Reverse Circulation (RC) drilling program at the Kempfield NW Prospect within the Kempfield Project, New South Wales. The January 2025 drilling campaign comprised 11 drillholes totaling 896 meters, marking the first exploration in this previously untested area. The drilling targeted high-grade surface geochemical anomalies identified in Q2/Q3 2024, resulting in the delineation of extensive Volcanogenic Massive Sulphide (VMS) mineralisation spanning over 1.1 kilometers in strike length and reaching depths of 85 meters.
Significant Drill Results
The RC drilling intersected broad zones of Ag-Cu-Pb-Zn mineralisation up to 101 meters thick from surface. Notable intersections include Hole AKRC296 with 5 meters @40.5 g/t Ag & 0.58% Cu+Pb+Zn from 48 meters, including 1 meter @146 g/t Ag & 0.62% Cu+Pb+Zn from 52 meters. Additionally, Hole AKRC297 returned 83 meters @10.1 g/t Ag & 0.20% Cu+Pb+Zn from 16 meters, highlighting the robust potential of the Kempfield NW Zone. The newly discovered mineralisation remains open along both strike and depth, indicating significant upside potential for future exploration.
Executive Comments
Managing Director Mr Pedro Kastellorizos stated, “The Kempfield NW Prospect Zone continues to return silver and base metal intersections beyond the main Kempfield Polymetallic Deposit. The delineation of mineralisation in this zone highlights the strong continuation of mineralised extensions along strike from Lode 300 Mineralised Block. These assay results, from limited drilling completed by Argent Minerals, reinforce the significant upside potential of the Kempfield Project as we continue expanding the mineralised footprint well beyond the current Kempfield Deposit.”
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