Argent Minerals has intersected near-surface 56m-thick volcanogenic massive sulphide (VMS) and base metal discoveries at its Kempfield project in NSW.
At the Sugarloaf Hill prospect, reverse circulation (RC) drilling intersected a 56m-thick VMS-style mineralised zone, marking the discovery of a new lode located 320m southeast of the Lode 200 mineralised block.
All drillholes ended in oxide material, with deeper sulphide zones yet to be tested. Significant results include:
- 31m at 0.29 per cent copper, lead and zinc from 1m
- 44m at 0.31 per cent copper, lead and zinc from 1m
- 56m at 0.22 per cent copper, lead and zinc from 24m.
The Golden Wattle prospect, located 2.6km east of the Kempfield Deposit, also delivered some promising results.
Two scout RC holes delineated high-grade base-metal mineralisation, including:
- 19m at 0.84 per cent copper, lead and zinc from 34m, including 7m at 1.45 per cent copper, lead and zinc and 2m at 1.88 per cent copper, lead and zinc from 51m
- 1m at 1.79 per cent copper, lead and zinc from 66m (hole ended in mineralisation)
“The drilling has also confirmed further mineralisation over extensive intervals at Golden Wattle prospect for the very first time,” Argent managing director Pedro Kastellorizos said.
“These newly identified mineralised zones are located 2.6km east of the Kempfield deposit, signifying confidence in the scale and overall potential of this newly discovered mineralised zone.
“We look forward to updating the market with further drilling results.”
Argent has completed 50 RC drillholes totaling 2943m, with results pending for 38 holes.
Additional drilling is planned to test depth extensions and strike continuity, with these results reinforce the Kempfield project’s potential to host significant silver and base metal resources.
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