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Argent Minerals Ltd.
Summary
| Project: | Kempfield | |
|---|---|---|
| Deposit: | Kempfield | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 3/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-3-2017: Argent Minerals Ltd. announces an Exploration/Drilling Update report for its Kempfield deposit at the Kempfield project. Drilling results incl. 16m @ 0.6% Pb, 1.8% Zn, 83g/t Ag, 0.1g/t Au from 205.0m. Argent Minerals Limited (ASX: ARD, Argent, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Clifton Todd McGilvray (Internal) | |
| ABSTRACT: | Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to report exploration results for the completed eight hole diamond drilling programme (AKDD193 to ADKK200) at Kempfield, NSW. This report provides the balance of the assay results submitted to date for the program, being for holes AKDD193, 194, 196 and 200. Significant silver, lead and zinc intersected at the Henry Zone. Potential 1,000 metre northeast strike extension identified – likely mineralisation continuity identified from Kempfield North to the Henry Zone. The strike offset in the Henry Zone has provided some excellent information for finalising the geological model at Kempfield. Initially, the Henry Zone appeared as a distinctly separate exhalative system at a different stratigraphic level. Recent drilling has shown that although the Henry Zone does appear to be a separate exhalative centre, it occurs at the same stratigraphic level as Kempfield North and has been dislocated by faulting. This implies that the Henry Zone is likely to be a continuation of the main Kempfield deposit, with the direct result that the poorly drilled area between Kempfield North and the Henry Zone has become highly prospective for extensions of mineralisation. The distribution of mineralisation and metal zonation indicates the Kempfield Deposit comprises key exhalative centres focused around rhyolite intrusives that extend periodically along the length of the known deposit, pointing to the potential for high grade mineralisation in the footwall areas of Kempfield (Kempfield West) and the area to the south. | |
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