Argent Minerals (ASX:ARD) is expanding its technical capabilities with two key technical appointments as the company prepares to drill test for high grade high grade zinc, lead, silver and gold at property in New South Wales.
The move is expected to provide Argent with access to the latest techniques and analytical facilities for the targeting of high grade volcanogenic massive sulphide (VMS) mineralisation.
Argent has identified the potential for multiple additional VMS lenses in the area as well as rich combined lead-zinc grades of up to 17.9% immediately to the west of Kempfield’s existing resource of 21.8 million tonnes and 52 million ounces of silver equivalent contained metal.
The technical expansion will include more integrated cooperation from Professor Ross Large of the Centre of Excellence in Ore Deposits (CODES), which is often esteemed as the preeminent authority in VMS deposits in Australia.
Company knowhow is also being advanced via the appointment of CODES-trained geologist Todd McGilvray as exploration manager.
McGilvray’s credentials include the leadership of the exploration effort that resulted in the discovery of new ore lenses and a new mineralised domain, for an additional 22 million tonnes of high grade base and precious metals at MMG Limited’s (HKEx:1208) Rosebery deposit in Tasmania, extending the mine life to 88 years.
Argent managing director David Busch will present on the company’s latest developments at Proactive Investor Luncheons in Melbourne and Sydney next week.
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Melbourne Investor Luncheon, Tuesday 22nd September.
Sydney Investor Luncheon, Wednesday 23rd September.
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