No matter the outcome of this drilling campaign at Kempfield, ARD already have a heap of silver sitting there awaiting a higher silver price, plus they have the zinc and the lead, plus they have 86,000 oz's of gold in the deposit, which will surely increase. Plus they are finding copper.
Historical drilling has been shallow, they are going deeper and seemingly hitting more mineralisation. So that means more ounces and tonnes added to the inventory. Deeper, and further west = much more added to what we already have, which is substantial.
It's not like we are scratching around trying to find something; there's plenty already there to build on.
- Plus we have 2 promising copper / gold targets at West Wyalong to drill.
And the SP is 2.9 cents.
ARD Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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