Presentation - Diggers and Dealers Conference 2015
Sydney, Aug 4, 2015 AEST (ABN Newswire) - Argent Minerals Limited (
ASX:ARD) are pleased to provide a company presentation titled "Drill Testing Kempfield for Australia's Next High Grade Lead/Zing Development", for the Diggers and Dealers Forum August 2015.
Argent key investment highlights include:
BOARD AND MANAGEMENT EXPERIENCE
- Depth of experience: mining, financial & commodities markets, corporate governance
- Exploration track record in Volcanogenic Massive Sulphide (VMS) discovery
* High calibre technical team, aided by specialist input from CODES (Professor Ross Large)
THREE PROJECTS IN HIGHLY PRODUCTIVE TERRANE
- Kempfield Polymetallic Project (Argent 100%)
* High grade base and precious metals potential
* Near term production potential (JORC 2012 Resource)
- West Wyalong (Argent 51%, right to earn 70%)
* Large porphyry copper-gold target identified
* 37 km from Lake Cowal mine infrastructure
- Sunny Corner (Argent 70%)
* Historic rich polymetallic mine - potential feedstock for Kempfield
SUMMARY
KEMPFIELD - DRILL TESTING THE HIGH GRADE VMS POTENTIAL
- Significant (21.8 Mt) Mineral Resource - JORC 2012 compliant (upgrade-ready)
- Extended reach deep diamond drilling program - 7 holes for 3,200 metres
* Targeting high grade base and precious metals
* Drilling activity and discovery potential -> liquidity and share price
- Resurgent interest in zinc - compelling supply/demand outlook
- Project quality has attracted:
* Federal Government R&D funding (expected to continue)
* NSW State Government drilling-specific grant (Top 5 project based on merit)
- Capital-efficiency optimised by Government co-funding alongside equity capital
WEST WYALONG
- Large porphyry copper-gold target
- Only 37 km from Lake Cowal Mine infrastructure - Evolution purchase
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ARD-729188.pdf
About Argent Minerals Limited
Argent Minerals Limited (
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.
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