{"id":11677,"date":"2024-07-01T03:37:28","date_gmt":"2024-07-01T03:37:28","guid":{"rendered":"https:\/\/economicherald.net\/?p=11677"},"modified":"2024-07-01T03:37:28","modified_gmt":"2024-07-01T03:37:28","slug":"argent-minerals-finds-potential-resource-extension-at-kempfield-polymetallic-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11677","title":{"rendered":"Argent Minerals finds potential resource extension at Kempfield polymetallic project"},"content":{"rendered":"<p>Argent Minerals delineates silver, lead, zinc at Sugarloaf Hill zone<br \/>\nZone is outside the defined resource at the Kempfield project in NSW<br \/>\nCompany plans to drill newly-defined mineralised zones in 2024<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> Argent Minerals has delineated extensive silver, lead and zinc mineralisation over the Sugarloaf Hill zone, east of its Kempfield deposit at the Kempfield project in NSW.<\/strong><\/p>\n<p>The company says its third rock chip reconnaissance program has returned high-grade surface rock chips within baritic rich lithologies, highlighting previously unknown drill targets.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/argent-minerals-ard\/\"><strong>Argent Minerals (ASX:ARD)<\/strong><\/a> has now reported silver assays up to 99g\/t Ag, 0.23% Pb and 1% Zn received, including highlights of:<\/p>\n<p>99g\/t Ag &amp; 0.20% Pb (sample 3000768)<br \/>\n86g\/t Ag (sample 3000782)<br \/>\n13.50g\/t Ag &amp; 1% Zn (sample 3000779)<br \/>\n16.05g\/t Ag (sample 3000650)<br \/>\n13.65g\/t Ag (sample 3000651); and,<br \/>\n13.05g\/t Ag (sample 3000769)<\/p>\n<p>\u00a0<\/p>\n<p>Kempfield project location map highlighting Sugarloaf Hill discovery zone. Pic via ARD<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Represents resource upside<\/strong><\/h2>\n<p>The company believes these results provide further confirmation of outcropping silver-copper-lead-zinc mineralisation outside the defined resource at Kempfield.<\/p>\n<p>\u201cThese latest surface assay results have identified new zones mineralisation within the Sugarloaf Hill mineralised zone,\u201d managing director Pedro Kastellorizos said.<\/p>\n<p>\u201cThese exciting new zones host the same geology and geochemical signatures as the main mineralisation over the Kempfield deposit.<\/p>\n<p>\u201cBased on the defined mineralised dimensions, the strike of the mineralised zones surpasses the existing Kempfield JORC resource area, elevating Kempfield\u2019s exploration upside.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Silver-base metal mineralisation within ferruginous baritic sandstone yielding 99 g\/t silver, 0.22% copper-lead-zinc and 0.66% barium from sample 3000768<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Looking forward<\/strong><\/h2>\n<p>The Ag-Pb-Zn mineralised trend at Sugarloaf Hill remains completely untested by drilling.<\/p>\n<p>The company is currently awaiting drill approvals from the NSW Regulator to commence the maiden drill program over this highly prospective mineralised extension.<\/p>\n<p>\u201cWe plan to drill these newly defined mineralised zones in 2024 once all regulatory approvals have been granted to Argent,\u201d Kastellorizos said.<\/p>\n<p>The exploration success comes off the back of a stellar run in silver prices, driven higher by safe haven demand from investors as an alternative to gold and surging industrial demand from record solar PV production.<\/p>\n<p>With supply shortages on the horizon, silver prices are up 21% YTD, lifting earlier in 2024 to 11-year highs.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Argent Minerals, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/argent-minerals-finds-potential-resource-extension-at-kempfield-polymetallic-project\/\">Argent Minerals finds potential resource extension at Kempfield polymetallic project<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Argent Minerals delineates silver, lead, zinc at Sugarloaf Hill zone Zone is outside the defined resource at the Kempfield project in NSW Company plans to <a href=\"https:\/\/economicherald.net\/?p=11677\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":11678,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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