Argent has launched a two-phase drill program targeting untested zones of potential copper-gold mineralisation and potential depth extensions to existing resources at its Kempfield project.

The 1,800m program of diamond and reverse circulation drilling will test the Colossal Reef copper area and the high-grade Sugarloaf silver prospect at the project in New South Wales.

It will also follow-up on historical hole AKDD181, which returned a thin but incredibly rich intersect of 1m grading 1,065 grams per tonne (g/t) gold and 143g/t silver from a down-hole depth of 97m and a further 1.8m zone at 1.21% copper and 2.99g/t gold from 136.8m.

Argent Minerals (ASX:ARD) Managing Director Pedro Kastellorizos said the drill program will target identified abundant untested mineralisation zones which have strong potential to host undiscovered copper, gold, silver and/or base metal mineralisation not contained within the current resource.

Kempfield potential

Kempfield is located 45km south-southwest of Blayney in an area known for periodic barite mining that first started in 1918 and continued until 1971 when the Geological Survey of NSW undertook mapping.

It hosts silver, lead, zinc, gold and barite mineralisation with geology and mineral assemblage which is consistent with the distal facies of a volcanic-hosted base metals sulphide deposit.

To date, seven zones of barite/sulphide mineralisation have been identified over a 3km strike length within the volcano-sedimentary sequence.




This article was developed in collaboration with Argent Minerals, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.