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Argent Minerals hits broad shallow silver outside Kempfield resource boundary

Story Highlights
  • Argent Minerals reported a major Kempfield drill hit, with AKDD214 intersecting 91.2 metres of shallow silver mineralisation beyond the Lode 100 resource boundary.
  • The new intercept confirms scale and continuity at Kempfield and signals strong potential to expand Lode 100’s silver resource and enhance future mine development options.
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Argent Minerals hits broad shallow silver outside Kempfield resource boundary

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The latest announcement is out from Argent Minerals Limited ( (AU:ARD) ).

Argent Minerals has reported a significant new drilling intercept at its Kempfield project, with diamond drillhole AKDD214 confirming broad, shallow silver mineralisation beyond the existing Lode 100 resource boundary. The hole intersected 91.2 metres at 39.5 grams per tonne silver from 8.3 metres depth, including higher-grade zones of 14.1 metres and 29.1 metres at 60.2 grams per tonne, within the same host sequence as the main resource.

The company said the results validate the scale and continuity of the Kempfield system along strike and indicate clear potential to expand the current 23.9 million ounce silver resource in Lode 100, part of the wider 65.8 million ounces at Kempfield. With mineralisation remaining open along strike and at depth, Argent expects the ongoing drilling program to support resource growth and improve mine development flexibility for the project.

More about Argent Minerals Limited

Argent Minerals Limited is an Australian exploration company focused on its 100%-owned Kempfield Polymetallic Project in New South Wales. The project is centred on silver-rich mineralisation, with additional exposure to gold, lead and zinc, and aims to grow its resource base to enhance future mine development options.

Average Trading Volume: 5,343,326

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$43.38M

For an in-depth examination of ARD stock, go to TipRanks’ Overview page.

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