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Argent Minerals Limited (ASX:ARD)

ALERT: Price-sensitive ASX Announcement for ARD
Current share price for ARD : $0.025 0.002 (8.70%)+
Announcement
Release
6 Aug 2025 9:56AM
Price at Release
$0.023
Full Release
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Summary
Argent Minerals Limited announced the commencement of a deep diamond drilling program at the Kempfield Silver Deposit, aiming to test targets beneath the existing resource and to explore potential extensions at depth. The program will involve drilling two diamond holes for a total of 1,200 meters, targeting geophysical anomalies and untested areas that may contain high-grade mineralization. The initiative follows recent geological studies and geophysical surveys that have highlighted the potential for additional silver, gold, lead, and zinc resources below the current resource model. The company outlines the strategic importance of these drill holes for resource expansion and future development. Progress updates on the drilling will be provided as the program advances.
Key Points
  • Argent Minerals Limited has started a deep diamond drilling program at Kempfield Silver Deposit.
  • The drilling targets areas below the current mineral resource to test for extensions and new mineralization.
  • Two diamond drill holes totaling 1,200 meters are planned.
  • The targets were identified through recent geological and geophysical studies.
  • Potential exists for additional high-grade silver, gold, lead, and zinc mineralization beneath existing resources.
  • The drilling is part of the company's strategy to expand the resource and support future project development.
  • Progress reports will be issued as the drilling advances.
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.