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Argent Minerals Limited ( (AU:ARD) ) has provided an announcement.
Argent Minerals Limited has announced plans to accelerate the development of its Kempfield Polymetallic Project by initiating diamond drilling and metallurgical testwork. This effort aims to assess early production opportunities and lay the groundwork for full-scale development. The company is focused on de-risking the project through detailed technical and economic evaluation, with the potential to generate early cash flow through a heap leachable product. The development plan includes drilling to determine the depth of mineralized zones and generating material for testwork, which will inform a Project Scoping Study. The outcomes are expected to provide insights into potential revenues and operating costs, supporting the long-term development of a CIL plant to process the project’s primary ore.
More about Argent Minerals Limited
Argent Minerals Limited is a company operating in the mining industry, focusing on the development of polymetallic projects. Its primary project is the Kempfield Polymetallic Project located in New South Wales. The company is engaged in mineral exploration and development, aiming to establish itself as a significant player in the mining sector by leveraging its resource base and exploring early production opportunities.
Average Trading Volume: 3,752,937
Technical Sentiment Signal: Buy
Current Market Cap: A$31.82M
See more insights into ARD stock on TipRanks’ Stock Analysis page.