Geophysical Survey Pine Ridge Gold Mine completedI really don't think it's too far away! And with the silver and gold prices on the rise the timing could be perfect! Here's the info from the latest Quarterly Report. Anyway good luck.
Argent completed the airborne geophysical survey over the historic Pine Ridge Gold Mine on 8 December 2019.
The historical Pine Ridge Gold Mine lies within EL8213, located 80km south of Orange in New South Wales, and within 10km of the Argent Minerals Limited 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 Heli-borne geophysical survey flew in excess of 645-line kilometres across the entire tenement area of EL8213 (Pine Ridge) at a line spacing of 100m and was flown at approximately 30m height. The survey data collected is being annotated in the Geophysical Interpretation Report that will be completed in mid to late February 2020.
The final report will assist in infill and extension targets for the approved Phase 2 RC Drill Hole Program scheduled to commence from early March 2020.
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