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.
Kempfield hosts 33 million ounces silver, 86,000 ounces gold, 200,000 tonnes of zinc and 97,000 tonnes of lead.
These figures are exclusive of the yet-to-be potential resource at the historic Pine Ridge gold mine, as well as potential additional mineralisation in the Trunkey Creek goldfields.
Any further potential resources identified by the current drill program could act as a catalyst for Argent.
This drilling follows a successful 11-hole program completed in October 2016 which identified four key host horizons, which allows for highly efficient drill targeting in the current campaign.
Detailed core logging, photographing, sampling, and laboratory testing is underway.
Drill program details
The first four holes were designed to test key stratigraphic positions that may host strata-bound mineralisation and potentially extend mineralisation into areas identified to the northwest and southeast of the main deposit.
This drilling was aimed at defining the bounds of the known mineralisation for future potential resource delineation drilling and resource estimation.
The three drill holes in the south of the Kempfield project area have been positioned to intersect key geophysical anomalies that had not been previously drill-tested.
A final drill hole targeted the Quarry Zone, which has been identified as having the appearance of a satellite VHMS feeder area to the main Kempfield deposit.
The Quarries Zone is rich in silver and has moderate grades of zinc and lead.