similarities to cdu...heads up

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Same neck of the woods - same visible signs - BUT fraction of the price right now - this is the beginning of a new era for ARE imo....see the writing on the wall? It's green!

12th September 2007
FIRST ARGONAUT DRILL PROGRAM RESULTS INCLUDE
VISIBLE ZINC AND COPPER SULPHIDE MINERALISATION
Argonaut Resources (ASX: “ARE”) advises the presence of visible zinc and copper
sulphide minerals in the first six reverse circulation drillholes completed as part of the
Company’s first drilling program on its Kroombit Zn-Cu deposit in Central Queensland.
The first of three batches of samples have been dispatched for analysis. Laboratory
results will be announced as they become available.
Sulphide minerals visually identified to date from the confirmatory drilling program
which commenced on August 9th include sphalerite (zinc sulphide) and chalcopyrite
(copper-iron sulphide).
These minerals have been identified in association with a quartz-haematite (+/-
magnetite) rock as well as an altered, recrystallised, volcaniclastic mudstone.
All completed drillholes have intersected numerous intervals of sulphide
mineralisation. Some notable intervals include:
�� KRRC1 intersected 17m containing chalcopyrite and sphalerite from 32m
followed by 8m of the same from 56m.
�� KRRC3 intersected 34m containing chalcopyrite from 57m
�� KRRC6 intersected 12m containing sphalerite and disseminated chalcopyrite
from 20m plus an additional 12m of the same from 44m.
Argonaut geologists have also identified minerals such as wollastonite, actinolite,
magnetite, haematite and epidote that are often associated with skarn-type ore
deposits. On the basis of this evidence, the Company interprets the mineralisation
intercepted in these initial holes to be skarn mineralisation, distal to a causative
intrusive and associated with bedded limestones.
The program of drilling at Kroombit is ongoing.
MEDIA CONTACTS
Graeme Ellis John Field
Managing Director Field Public Relations
Argonaut Resources NL 08-8234 9555
02 9239 8787 0418 819 527
0407 755212
Sections of information contained in this report that relate to Exploration Results and Mineral Resources were compiled or
supervised by Mr Lindsay Owler BSc, MAusIMM who is a Member of the Australasian Institute of Mining and Metallurgy and is a
full time employee of Argonaut Resources NL. Mr Owler has sufficient experience which is relevant to the style of mineral
deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004
edition of the “Australasian Code for Reporting of Mineral Resources and Ore Reserves”. Mr Owler consents to the inclusion in
this report of the matters based on his information in the form and context in which it appears.