ARD argent minerals limited

Ann: Updated - Trunkey Creek Rock Chip Results, page-3

  1. 26,651 Posts.
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    Happy with the grades but not the trading. It rose before the previous ann and has been dropping before this one and is going to open even lower.
    Additional high-grade gold mineralisation confirmed by Argent’s rock chip reconnaissance program
    over the Trunkey Creek Project Gold Project in NSW, situated approximately 9km SE of the
    Kempfield Polymetallic Project.
    • Rock chip sampling program returned bonanza gold grades up to 1,930 g/t Au (62 oz/t), including
    highlights across samples from mullock dumps:
    • 1,930 g/t Au (62 oz/t) in sample 3001429
    • 82.7 g/t Au (2.7 oz/t) in sample 3001464
    • 82.1 g/t Au (2.6 oz/t) in sample 3001379
    • 67.6 g/t Au (2.2 oz/t) in sample 3001377
    • 48.8 g/t Au (1.6 oz/t) in sample 3001431
    • 41.8 g/t Au (1.3 oz/t) in sample 3001449
    • 37.3 g/t Au (1.2 oz/t) in sample 3001438
    • 33.3 g/t Au (1.1 oz/t) in sample 3001440
    • 31.9 g/t Au (1 oz/t) in sample 3001329
    • 31.1 g/t Au (1 oz/t) in sample 3001329
    • The Trunkey Creek Mineral Field consists of extensive historical gold workings across several NNE
    trending quartz veins over a zone 5.5 km in length by 500 m wide, which historically produced over
    2,900 oz of gold.
    • Re-interpretation of historical Induced Polarisation (IP) traverse over the Trunkey Creek Project has
    identified significant chargeable (indicative of sulphides) and resistive (associated with quartz/silica
    zones) IP anomalies.
    • The identified resistive trends may represent silica rich veins, prospective for gold mineralisation.
    The gold mineralisation is reportedly associated with sulphides in the quartz veins which are
    expected to return chargeable responses where present.
    • Further ground exploration activities are currently planned, with the next reconnaissance
    programme commencing in the next few weeks”.
 
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Last
2.4¢
Change
-0.002(7.69%)
Mkt cap ! $34.70M
Open High Low Value Volume
2.6¢ 2.6¢ 2.4¢ $97.76K 3.934M

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5 2133392 2.4¢
 

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Price($) Vol. No.
2.5¢ 43077 1
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