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Argent Minerals Limited ( (AU:ARD) ) has provided an announcement.
Argent Minerals has reported a major intercept at the Kempfield Project’s Lode 100, where drillhole AKDD212 returned 133.1 metres at 72.4 grams per tonne silver equivalent from 9.6 metres, including multiple high-grade silver-lead-zinc shoots. The mineralisation extends known depths by about 80 vertical metres, starts near surface, and remains open along strike and at depth, reinforcing Kempfield’s scale, continuity and potential for large-scale bulk mining.
The hole also delivered an ultra-high-grade gold intercept of 0.2 metres at 140.5 grams per tonne gold at 193.8 metres, indicating a strong gold component at depth within the polymetallic system. These results support the prospect of expanding Kempfield’s existing silver-equivalent resource and suggest a well-developed, vertically zoned VMS system that could enhance the project’s economic appeal as it progresses toward potential production.
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 targets volcanogenic massive sulphide-style mineralisation with a mix of silver, lead, zinc and gold, positioning Argent in the silver-rich base metals segment with bulk-tonnage development potential.
Average Trading Volume: 10,583,220
Technical Sentiment Signal: Hold
Current Market Cap: A$42.53M
For a thorough assessment of ARD stock, go to TipRanks’ Stock Analysis page.