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Argent Minerals Ltd.
Summary
| Project: | West Wyalong | |
|---|---|---|
| Deposit: | West Wyalong | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Molybdenum | |
| Date: | 7/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-7-2017: Argent Minerals Ltd. announces an Exploration/Drilling Update report for its West Wyalong deposit at the West Wyalong project. Drilling results incl. 78.6m @ 0.01g/t Au, 0.05% Cu, 14ppm Mo from 312.3m. Argent Minerals Limited (ASX: ARD, Argent, | |
| Resources: | x | |
| 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 AWT003 and AWT004 – continuing the highly successful milestones achieved by the recently completed West Wyalong diamond drilling program. Visual observations of the alteration and mineral assemblages in the drill core, along with voluminous brecciated magnetite skarn and concentrated vein molybdenite, chalcopyrite and gold, continue to indicate that the drilling programme holes are near to either a main mineralised body or a series of mineralised bodies. Multiple porphyritic intrusives have been intersected over a strike length of 2.5 kilometres, which are associated with elevated chalcopyrite, molybdenite and gold mineralisation, and extensive zones of sulphide mineralisation – together being signature features of porphyry copper-gold-molybdenum mineralised systems. Widespread alteration ranges from hypabyssal calc-silicate (potassic/propylitic) alteration and magnetite skarn seen dominantly at Theia, to phyllic and argillic alteration typical of epithermal environments seen dominantly at Narragudgil. Extensive diffuse banded and disseminated pyrite has been observed in the overlying mafic volcanic package, along with disseminated pyrite throughout certain porphyritic intrusives. | |
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