Argent Minerals Ltd (ASX:ARD) recently delivered some encouraging interim results from a diamond drilling program at its Kempfield project in New South Wales.
More assays are pending.
Kempfield's resource is currently defined as: 21.8 million tonnes at 47g/t silver for 33 million silver ounces, + 300,000 tonnes lead/zinc.
Also, the project was peer reviewed by the NSW State Government, and awarded Top 5 funding based on project merit.
Argent has today been granted a trading halt by the ASX pending details of a capital raising.
The halt will remain in place until the opening of trade on Tuesday 28th June 2016, or earlier if an announcement is made to the market.
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