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Argent Minerals Ltd.
Summary
| Project: | Kempfield | |
|---|---|---|
| Deposit: | Kempfield | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-11-2017: Argent Minerals Ltd. announces a Resource Estimation report for its Kempfield deposit at the Kempfield project. Exploration target estimate. Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to report the completion of an | |
| Resources: | (Exploration Target): 75g/t Ag Eq for 52Moz Ag Eq at project | |
| CP/QP: | [Overall Report]: Clifton Todd McGilvray, Arnold Van Der Heyden (Internal) | |
| ABSTRACT: | Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to report the completion of an intensive sitewide geological review, resulting in a significant revision of the Kempfield 3D geology and exploration model. The Company has identified further additional potential for mineralisation through two broad scale regional mapping campaigns and petrological analyses of drill core it has conducted at Kempfield. The following potential extensions are additional to that considered by the Exploration Target estimate reported in this announcement. Argent developed the revised model based on the review, analysis and interpretation of 60,324 data records. In addition to assay suites of up to 33 elements obtained through 49,229 metres of drilling and various soil geochemistry surveys, the Company augmented the comprehensive database with vital lithostratigraphic information obtained from analysis of drill core, and field mapping examinations. The result is the new Kempfield 3D geological model - providing an unprecedented level of detail for geometry of the stratigraphy and mineralisation controls for the project. The Company is using these results to design and execute the resource infill drilling programme for a high degree of effectiveness in achieving results. The Company’s revised 3D model shows the potential extent of mineralisation, with the predicted dimensions significantly exceeding all historic expectations: | |
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