Argent Minerals has hit several high-grade gold intersections as it identifies new drill targets at the Trunkey Creek project in NSW.
Rock chip sampling returned assays of up to 63.1 grams per tonne (g/t) gold, including highlights:
- 63.1g/t gold in sample 3001227
- 55.8g/t gold in sample 3001131
- 35.7g/t gold in sample 3001273
- 20.4 g/t gold in sample 3001269
Argent is tapping into the Trunkey Creek mineral field, where historical gold workings across several quartz veins span a zone of 5.5km in length and 500m wide, where more than 2900 ounces of gold was historically produced.
The company said the rock chip results provide further confirmation of surface gold mineralisation at Trunkey Creek.
“We are extremely pleased to have received further high-grade geochemical results, highlighting significant gold mineralisation potential at Trunkey Creek,” Argent managing director Pedro Kastellorizos said.
“The detailed ground IP (induced polarisation) interpretation has clearly defined extensive high resistivity zones (potential quartz veins) and chargeability zones (potential sulphides) which have excellent potential for hosting gold mineralisation.
“These zones have been defined as ‘stand up’ targets and will be systematically tested by drilling.”
Argent has mapped sub-parallel main quartz reefs 30m to 50m apart over a 2km strike length, with the distribution of shafts along the reef indicating two main centres of mineralisation.
The company has collected 160 rock chip samples as part of its fieldwork program, announcing its first suite of results in October. This included a standout assay of 24g/t gold, along with additional assays such as 15.1g/t gold and 12.6g/t gold.
Trunkey Creek is located 9km south-east from Argent’s flagship Kempfield polymetallic project, which the company’s believes is Australia’s second largest undeveloped silver deposit.
In November, Argent announced it had intersected near-surface 56m-thick volcanogenic massive sulphide (VMS) and base metal discoveries at Kempfield.
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