Highlights
- Significant VMS mineralisation confirmed over a 1.1 km strike length at Kempfield NW.
- Drilling program intersects broad mineralised zones, with silver and base metal content.
- Potential for further exploration upside as mineralisation remains open in multiple directions.
Argent Minerals (ASX:ARD) has reported promising assay results from its latest drilling campaign at the Kempfield NW Prospect, part of the broader Kempfield Project in New South Wales. The Reverse Circulation (RC) drilling program, conducted in January 2025, marked the first-ever exploration in this previously untested area. Spanning 11 drillholes and covering a total of 896 meters, the campaign successfully identified extensive Volcanogenic Massive Sulphide (VMS) mineralisation, reinforcing the area’s resource potential.
The drilling focused on high-grade geochemical anomalies identified in mid-2024, leading to the discovery of mineralisation over a strike length of 1.1 kilometers, with depths extending to 85 meters. This development presents a significant expansion beyond the known Kempfield Polymetallic Deposit and signals a strong opportunity for further resource growth.
Breakthrough Drill Results
The assay results unveiled broad intersections of silver (Ag), copper (Cu), lead (Pb), and zinc (Zn) mineralisation, with notable intercepts including:
- Hole AKRC296: 5 meters @ 40.5 g/t Ag & 0.58% Cu+Pb+Zn from 48 meters, including a high-grade 1-meter interval @ 146 g/t Ag & 0.62% Cu+Pb+Zn from 52 meters.
- Hole AKRC297: 83 meters @ 10.1 g/t Ag & 0.20% Cu+Pb+Zn from 16 meters, further underscoring the mineralised footprint.
These findings suggest that Kempfield NW holds the potential for a substantial expansion of Argent Minerals' resource base, with mineralisation remaining open along both strike and depth.
Exploration Upside & Future Prospects
The positive results from the Kempfield NW Prospect highlight a strong continuation of mineralised extensions along strike from the Lode 300 Mineralised Block. Company leadership remains optimistic about the ongoing exploration efforts, with a focus on further delineating the deposit’s scale and economic viability.
With additional drilling planned to test deeper and lateral extensions, Kempfield NW emerges as a promising asset in Argent Minerals’ exploration portfolio. These results add to the growing confidence in the project’s potential, paving the way for further development initiatives aimed at unlocking long-term value.
As the company continues to expand its exploration footprint, market interest in Argent Minerals (ARD) remains strong, driven by its strategic approach to resource development and the promising outlook for its Kempfield Project.