Argent Minerals Limited: Board Appointments and Resignation

Sydney, Australia (ABN Newswire) - Argent Minerals Ltd. (ASX:ARD) (Argent, Argent Minerals or the Company) is pleased to announce the following appointments to the board of directors:


Peter Nightingale, B. Econ CA - Non-Executive Director

Originally qualifying with a Bachelor of Economics degree from the University of Sydney and admitted to membership of the Institute of Chartered Accountants in Australia, Mr. Peter Nightingale's credentials include significant experience as a chartered accountant in the Australian and international mineral resources sectors.

As a director or company secretary Mr. Nightingale has, for more than 25 years, been centrally involved with the public listing, capital and debt funding, and trade sale of a number of companies in Australia, the USA and Europe, including:

- Pangea Resources Limited, which acquired and developed the Pauper's Dream heap leach gold mine in Montana, USA (ASX listed and taken over by Chase Corporation Limited);

- Perseverance Corporation Ltd., which discovered and developed the Nagambie heap leach gold mine in Victoria (ASX Listed and taken over by VAM Limited);

- Valdora Minerals NL, which developed the Rustler's Roost heap leach gold mine in the Northern Territory, and the Ballarat East Gold Mine in Victoria (ASX listed and taken over by William Resources, Inc.);

- Timberline Minerals, Inc., which acquired and completed a feasibility study for the heap leach development of the MacArthur copper deposit in Nevada, USA (NASDAQ OTC listed);

- Mogul Mining NL, which drilled out the Magistral and Ocampo gold deposits in Sinaloa, Mexico (ASX listed and transformed into Wine Plant Holdings Limited);

- Bolnisi Gold NL, and its Canadian subsidiary, Palmarejo Silver and Gold Corp., which drilled up the 3.1 Moz AuEq Palmarejo silver gold deposit in Chihuahua, Mexico, arranged permitting, and partly constructed the operation for mining (ASX listed and taken over under a $1.1 billion merger agreement with Coeur d'Alene Mines Corporationi);

- Sumatra Copper & Gold plc, which is currently developing the Tembang gold mine in Indonesia (ASX listed); and

- Cockatoo Coal Ltd., which acquired and developed the Baralaba coal mine in Queensland (ASX listed).

Mr. Nightingale is currently a director of ASX listed Augur Resources Ltd and Planet Gas Limited, as well as unlisted public companies Nickel Mines Limited and Prospech Limited.


Peter Michael - Non-Executive Director

Mr. Peter Michael joins the board as Non-Executive, following the sudden and unexpected passing away of his brother, Non-Executive Director Mr. Marcus Michael, in June 2015.

Mr. Michael is a real estate professional with 23 years' experience in the real estate industry encompassing the arrangement and execution of commercial and residential property transactions, managed investment schemes, and a number of roles related to the development of built form housing and apartment complexes.


Ms Sarah Shipway resigns as Non-Executive Director

Argent wishes to thank Ms Sarah Shipway for her excellent support through the transition period, as she resigns from the role of Non-Executive Director, and continues as Company Secretary.


About Argent Minerals Limited:

Argent Minerals Ltd. (ASX:ARD) is an Australian publicly listed company with a 100% interest in a silver/gold project at Kempfield NSW. Work is underway on the preparation of an EIS and a feasibility study for the first stage of the project which will involve heap leaching some 8.8 million tonnes of mainly oxide and transitional material to produce over 9.5 million ounces of silver and 15,000 ounces of gold over a 5 year mine life. Argent is also earning up to a 70% interest in two other NSW projects - gold at West Wyalong and base metals at Sunny Corner.



Contact:

Argent Minerals Ltd.
David Busch, Managing Director
M: 0415 613 800
E: david.busch@argentminerals.com.au