Ann: Airborne Survey Over Old Pine Ridge Gold Mine, page-2

AIRBORNE SURVEY OVER OLD PINE RIDGE GOLD MINE
Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to provide an update
regarding the commencement of an Airborne Geophysical Survey over the historic Pine Ridge Gold
Mine and EL8213, located 80km south of Orange in New South Wales, and within 10km of the
Argent Kempfield Polymetallic Deposit.
The Pine Ridge area consists of a series of historic hard rock gold mines which operated from the
1820’s until the 1940’s and produced grades in excess of 250g/t Au (NSW Government Reports).
Recent diamond drilling conducted by Argent confirmed the position and tenor of gold mineralisation
that was reported in historic drill intersections, and produced 19m @ 3.2g/t Au from 98.4m including
1m @ 40.7 g/t Au from 106m in APDD031.
The Pine Ridge tenement, EL8213, has been held by Argent since 2013 and recent developments
have reinforced Argent’s commitment to advancing exploration in the area. Argent’s strategy to
develop higher grade gold projects in close proximity to the Kempfield Project will enhance the
economics of Kempfield.
Highlights:
◼ Diamond drilling conducted by Argent in April, 2019, has shown that gold
mineralisation at the Historical Pine Ridge Gold Mine is dependent on structure and
specific rock types.
◼ Argent will commence a Geophysical Survey for additional target driven program
adding to the success from the Maiden April 2019 Diamond Drill Program at Pine
Ridge Gold Mine.
◼ The Helicopter- borne magnetic and radiometric survey will provide valuable insights
into the regional distribution of favourable structures and rock types across the
entire tenement along strike of the Trunkey-Kings Gold Belt.
◼ Argent will share mobilisation and associated survey cost with Silver Mines Limited
ASX: SVL and Alkane Resources Limited ASX: ALK.

Of note we are sharing cost's with SVL and ALK
Great work team reducing cost's and getting the job done/
Looking forward to a big 2020!