Base metals, Exploration/Development, News

Mineralisation extended at Kempfield

Kempfield project

Argent Minerals has expanded silver and base metal mineralisation at the north-west zone of the Kempfield project in NSW.

The latest reverse circulation (RC) drilling program has intersected extensive volcanogenic massive sulphide (VMS) mineralisation, extending the known strike length to 1.1km and confirming steeply west-plunging zones down to 85m in depth.

Drilling returned substantial intersections of silver, copper (Cu), lead (Pb), and zinc (Zn), with highlights including 101m at 0.34 per cent Cu+Pb+Zn from surface in hole AKRC298, as well as 83m at 10.1 grams per tonne (g/t) gold and 0.2 per cent Cu+Pb+Zn from 16m in hole AKRC297.

Notable high-grade intervals included 1m at 146g/t gold at 0.62 per cent Cu+Pb+Zn from 52m in AKRC296 and 6m at 33.6g/t gold from 60m, including 1m at 91.6g/t gold from 63m, in AKRC297.

“The Kempfield NW prospect zone continues to return silver and base metal intersections beyond the main Kempfield polymetallic deposit,” Argent Minerals managing director Pedro Kastellorizos said.

“The delineation of mineralisation in this zone highlights the strong continuation of mineralised extensions along strike from lode 300 mineralised block.”

The Kempfield lode 300 resource area contains 11.8 million tonnes (Mt) at 54.62 silver equivalent (g/t), totalling 20.8 million ounces (Moz) silver equivalent.

The drilling campaign has confirmed new silver-base metal mineralisation north-east of the current resource, with mineralisation remaining open along both strike and at depth.

“These assay results, from limited drilling completed by Argent Minerals, reinforce the significant upside potential of the Kempfield project as we continue expanding the mineralised footprint well beyond the current Kempfield deposit,” Kastellorizos said.

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