Argent has entered into a Joint Venture Agreement, and has been appointed as Manager, to earn up to 90% of the Loch Lilly project on low risk/high reward JV terms.
The Loch Lilly project comprises exploration licences EL8199 and EL8200, and exploration licence applications ELA5376 and ELA5377, over 1,447 km2 of the Loch Lilly - Kars Belt in western NSW approximately 80 kilometres south of Broken Hill.
Argent to drill-test two identified geophysical targets, Eaglehawk and Netley, each with a 500 metre diamond drill hole.
Up to $150,000 of drilling costs co- funded by the NSW Government Cooperative Drilling fund.
Loch Lilly drill program scheduled to follow the West Wyalong drilling program in late May 2017, subject to access agreements, regulatory approvals and weather.
ARD literally on FIRE!!
ARD Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)