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Project: | Kempfield | |
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Deposit: | Kempfield | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 2/2/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 2-2-2017: Argent Minerals Ltd. announces an Exploration/Drilling Update report for its Kempfield deposit at the Kempfield project. Drilling results incl. 10.2m @ 1.5g/t Au from 28.0m. Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased t | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Peter Carolan (Internal) | |
ABSTRACT: | Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to report that significant gold intersections have been returned by the first batch of assay results received for the recent 8 hole, 1,833 metre diamond drilling program at Kempfield. A shallow gold system has been encountered by hole AKDD197, which was designed to test an IP anomaly overlapping magnetic anomaly situated to the south of the known deposit. Initial sampling of strong silicification with network quartz-pyrite veining from 12 to 53 metres has returned significant gold intervals. Assays have been received for hole AKDD197, designed to test a strong induced polarisation (IP) chargeability anomaly overlapping a strong magnetic anomaly to the south of the main deposit, both untested prior to the current drilling programme. Initial samples were submitted for assay through a zone of strong silicification with network quartz-pyrite veining in the AKDD197 drill core from 12.5 to 53.4 metres. AKDD197 was drilled to a total length of 152.2 metres. Drill core samples have been submitted for 5 holes to date, with samples from the remaining 3 holes to be submitted by approximately mid-February 2017. | |
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