The claim relates to a range of technical development activities associated with advancing the Kempfield and West Wyalong projects.
Together with the $200,000 Cooperative Drilling funding awarded to Argent by the NSW Government in October 2016, this represents a total of $909,248 Australian Government funding committed during the current financial year.
Leveraged to zinc
Argent is leveraged to a zinc price up circa 60% year to date, thanks to ongoing drilling at at Kempfield in New South Wales.
The Kempfield volcanic-hosted massive sulphide (VHMS) project provides investors with exposure to both precious metals being silver and gold together with base metals zinc and lead.
The current diamond drilling program is 1,600 metres and the first hole commenced in late November.
Drilling is targeting potential silver, gold, lead and zinc mineralisation extensions identified by recent drilling.