Argent Minerals Limited: Presentation to Investors - July 2017
20.07.2017 | ABN Newswire
Sydney - Argent Minerals Ltd. (ASX:ARD) provides the Company's latest Presentation to Investors.Summary of Key Projects
- Kempfield (Argent 100%)
o High grade base and precious metals project
o Large (up to 2X) deposit extensions identified by recent drilling Metallurgical programme commenced
- West Wyalong (70% earned, JV active)
o Maiden drilling confirms mineralised porphyry system - NSW State Government co-funded, further assays pending
- Loch Lilly (Argent right to earn 90%)
o Drilling commencing this week, with NSW State Government co-funding
WHY INVEST IN ARGENT?
- ALL THREE PROJECTS AWARDED COMPETITIVE NSW GOVERNMENT FUNDING
o $750,000 to date in merit-based co-funding awards from NSW Government Cooperative Drilling
o >$2.9 million R&D claim funds since September 2013, 2017 claim to follow
- KEMPFIELD MAJOR BREAKTHROUGHS AND RESOURCE UPDATE
o Significant intersections and potential mineralised extensions identified by recent drilling
o Metallurgical testwork programme underway - to assess silver/lead/zinc recoveries by flotation
o Kempfield resource estimate to follow 5,000 metre infill drilling program
-- Up to 2X known deposit dimensions identified
- WEST WYALONG - MAIDEN DRILLING CONFIRMS MINERALISED PORPHYRY SYSTEM
o Elevated copper, gold, and molybdenum evident as signature features of mineralised porphyry systems
o Further assays pending (80% of drill core submitted to lab based on visuals)
o Argent interest increased to 70% - project located in sought after gold producing territory
- LOCH LILLY: STRATEGIC STAKE ACQUIRED IN MT. READ VOLCANICS EQUIVALENT BELT
o Drill-test of two compelling geophysics targets scheduled to commence this week
o Right to earn up to 90% on flexible terms
To view the full presentation, please visit:
http://abnnewswire.net/lnk/4G07Q62X
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:
David Busch Chief Executive Officer
Argent Minerals Ltd.
M: +61-415-613-800
E: david.busch@argentminerals.com.au