Argent Minerals Limited: March 2018 Quarter Activities Report
01.05.2018 | ABN Newswire
Sydney) - Argent Minerals Ltd. (ASX:ARD) (Argent, or the Company) is pleased to report its activities and cash flow for the quarter ended 31 March 2018.Highlights:
- Substantial boost to Kempfield potential economics through the achievement of separate, high quality commercial grade zinc and lead concentrates for multiple possible revenue streams from zinc, silver, lead and gold.
- Acquisitions in world-class Mount Read Volcanics belt Tasmania - with pre-JORC Code historical mineralisation estimates.
- Board changes and acquisitions advisor appointment - Argent positioned for next phase of growth with increased exposure to potential deal flow together with augmented board and corporate capabilities for assessing and managing acquisitions.
- >$2 M cash position as the Company readies high priority drilling programme at Kempfield.
To view the full report, please visit:
http://abnnewswire.net/lnk/332895O5
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