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Argent Minerals Limited ( (AU:ARD) ) has shared an update.
Argent Minerals has confirmed the first occurrence of visible gold within Lode 100 at its Kempfield Polymetallic Project, observed in diamond drillhole AKDD212 and associated with coarse, free gold in carbonate veining. This discovery is seen as enhancing the gold component of Kempfield’s existing mineral resource and supporting the interpretation of high-grade gold shoots within the broader polymetallic system.
At the nearby Trunkey Creek Gold Project, about 9km from Kempfield, visible gold has been identified in quartz vein material from historical mullock dumps, reinforcing the concept of a large-scale orogenic gold system over a 4.7km corridor. Argent plans systematic evaluation and maiden drilling at Trunkey Creek while advancing high-grade targets at Kempfield, positioning the two assets as a potential integrated, multi-deposit precious metals hub in New South Wales.
The most recent analyst rating on (AU:ARD) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Argent Minerals Limited stock, see the AU:ARD Stock Forecast page.
More about Argent Minerals Limited
Argent Minerals Limited is an Australian-focused silver and precious metals company listed on the ASX. The company owns 100% of the Kempfield Polymetallic and Trunkey Creek Gold projects in New South Wales, where it is advancing a multi-metal resource base that includes silver, gold and base metals within a volcanogenic massive sulphide system and nearby orogenic gold corridor.
Average Trading Volume: 14,625,948
Technical Sentiment Signal: Buy
Current Market Cap: A$54.2M
For an in-depth examination of ARD stock, go to TipRanks’ Overview page.