ARD argent minerals limited

Ann: Agreement Executed With Kempfield Neighbours, page-7

  1. 11,548 Posts.
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    I still am of the mind that Argent's gold prospects and potential will be soon apparent .From memory they submitted permits to explore both Trunkey Creek and pine Ridge a fair while ago and whilst wheels of government departments turn slowly in NSW they must be getting close to being approved.Also in their announcement in the first week of June I reckon that map from page 2 is the breadcrumbs trail .I have shown it in the collage below.That map shows McPhillamys as having a Mineral resource of 2 million oz Au .The map on the right is from a Emmerson Resources presentation which I have added some detail to ......they suggest the total at McPhillamys is around 5m oz ,whichever it is note the location of McPhillamys on the Gondolphin Fault and see where that fault traverses further south .There was a lot of high grade gold found around Trunkey Creek last century and I reckon it might just point to a sizable gold deposit at depth in the area .I don't think much deep drilling has ever been done at either Pine Ridge or Trunkey Creek and would love to see Argent poke some deep holes in those prospects.
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    Something else to consider to is the number of investments that SBM have entered into over the last 6 months with junior explorers and notably one of those was with PEX ....Also the same for SFR with JV's with small explorers Notice the location of SBM's only ground in NSW is smack bang next door to Argent's West Wyalong prospects. I wonder if they or EVN or SFR might like to have a foot in the door if Argent find something big at West Wyalong
 
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