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Argent Minerals Limited (ASX:ARD)

ALERT: Price-sensitive ASX Announcement for ARD
Current share price for ARD : $0.025 0.001 (4.17%)+
Announcement
Release
5 May 2026 9:51AM
Price at Release
$0.024
Full Release
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Summary
Argent Minerals Limited has reported significant findings at the Kempfield Polymetallic Project, particularly from the Lode 100 Mineral Resource Estimate (MRE) Zone. Drilling results from hole AKDD213 revealed a continuous 159.1-meter zone of silver-rich polymetallic mineralisation with a baseline value of 80.6 grams per tonne silver equivalent from near the surface. These results suggest the potential for large-scale bulk mining, as the mineralisation remains open along strike and at depth, offering opportunities for resource expansion. The findings align with the existing MRE average, reinforcing the geological model and highlighting substantial resource growth potential through further targeted drilling.
Key Points
  • Drillhole AKDD213 intersected 159.1m of silver-rich mineralisation.
  • The mineralisation shows a baseline of 80.6 g/t Ag Eq.
  • Findings suggest potential for large-scale bulk mining.
  • Mineralisation remains open along strike and at depth.
  • Results support the existing Mineral Resource Estimate model.
  • Further targeted drilling could expand resource base.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.