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Argent Minerals Ltd.
Summary
| Project: | Kempfield | |
|---|---|---|
| Deposit: | Kempfield | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 2/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-2-2017: Argent Minerals Ltd. announces an Exploration/Drilling Update report for its Kempfield deposit at the Kempfield project. Drilling results incl. 20.3m @ 32g/t Ag, 1.1g/t Au from 96.0m. Argent Minerals Limited (ASX: ARD, Argent, or the Company) i | |
| 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 holes AKDD195, AKDD198 and AKDD199 at Kempfield in NSW. These three holes were part of an eight hole diamond drilling programme. Results for AKDD192, 193, 194, 196 and 200 are pending. Drilled to test the southeast potential mineral extension predicted by Argent’s evolving Kempfield geological model, diamond hole AKDD195 intersected a broad zone of strong silicification with disseminated and stockwork quartzpyrite veining in the drill core from 90.4 to 125.3 metres. Host rocks intersected by the hole were consistent with the geological model constructed from the previous round of drilling, and were defined by a series of volcanoclastic siltstone units interspersed with volcanoclastic conglomerates. AKDD195 was drilled to a total length of 233.7 metres through the main volcanoclastic conglomerate sequence. The assays confirm the new geological model and C Horizon position in Kempfield southeast zone. The stratigraphy of the sampled core indicates a potentially significant steeply dipping lens that is open in all directions. The confirmation of the new Kempfield southeast C Horizon area implies the potential for significant additional tonnage. Holes AKDD198 and AKDD199 have confirmed the extension of the Kangaloolah volcanics further south than historically assumed, with high temperature evidence opening new potential in the region of the historic Gully Swamp copper mine. | |
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