ARD 5.56% 1.7¢ argent minerals limited

"Dangerous Game Of Chicken With Economic Reality" Alasdair Macloud via Goldmoney.com, page-10

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    https://*********.com.au/silver-stocks-asx-ultimate-guide/

    Good mention there...


    Argent Minerals (ASX: ARD)


    Junior polymetallic explorer Argent Minerals owns controlling interests in the Kempfield, Sunny Corner and West Wyalong projects in the New South Wales Lachlan Orogen.

    The company’s 100% owned flagship Kempfield project has a mineral resource estimate of 26Mt at 40g/t silver (for 33Moz of contained silver), 0.12g/t gold, 0.46% lead, 1% zinc, 2% zinc equivalent and 120g/t silver equivalent (for 100Moz contained silver equivalent).

    An exploration target for potential mineralisation, additional to the existing resource, has been estimated at 20-50Mt including 20-40g/t silver.

    Argent believes a high-grade gold exploration focus at Kempfield will provide potential for early revenue from small-scale gold production.u

    Although, in its annual report released in September, Argent chairman Peter Wall said a new large-scale development scenario could provide significant leverage to silver, which has recently “emerged from the shadows into the spotlight”.

    Argent also holds a 70% stake in the Sunny Corner project in joint venture with Golden Cross Resources (ASX: GCR).

    According to the company, the historic Sunny Corner mine produced more than 90t of silver in the late 19th century and was, at one time, the largest silver producer in NSW.

    The project has been estimated to hold an inferred mineral resource of 1.5Mt at 3.7% zinc, 2.1% lead, 0.39% copper, 24g/t silver and 0.17g/t gold.

    Argent’s 78% owned West Wyalong project is focused on copper and gold exploration.

 
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