Argent Minerals has delineated multiple extensive geophysical targets at its Kempfield Deposit and confirmed bonanza-grade gold mineralisation at Trunkey Creek, extending the known strike length to 4.7km. The company remains well-funded as it advances exploration.
- Three distinct VTEM conductive/IP trends identified at Kempfield with some zones untested
- Partial drilling confirms shallow polymetallic mineralisation including silver, copper, lead, and zinc
- Trunkey Creek maiden rock-chip program returns bonanza gold grades up to 216 g/t Au
- Gold mineralised corridor at Trunkey Creek extended to 4.7km strike length and remains open
- Company holds $1.106 million cash at quarter end, supporting ongoing exploration
Exploration Advances at Kempfield
Argent Minerals Limited (ASX, ARD) has reported significant progress in its June 2025 quarter exploration activities at the Kempfield Deposit in New South Wales. A detailed review of historical Versatile Time Domain Electromagnetic (VTEM) data, commissioned to Core Geophysics Pty Ltd, has delineated three extensive conductive and induced polarisation (IP) trends. These trends, striking over several kilometres, are interpreted as potential controlling structures for the polymetallic mineralisation comprising gold, silver, copper, lead, and zinc.
While the central IP trend has been partially tested by recent reverse circulation drilling, confirming shallow mineralisation, the western and eastern trends remain completely untested. Notably, drilling at the Kempfield NW Zone intersected significant intervals such as 34 metres grading 13.6 g/t silver and 0.91% combined copper, lead, and zinc from 22 metres depth, highlighting the prospectivity of deeper mineralisation sources suggested by preliminary VTEM modelling.
Bonanza Gold Grades at Trunkey Creek
At the Trunkey Creek Gold Project, approximately 9 kilometres southeast of Kempfield, Argent’s maiden rock-chip reconnaissance program has confirmed high-grade gold mineralisation. The program extended the known mineralised strike length to over 4.7 kilometres, with new gold-mineralised extensions identified along a 1.8-kilometre trend south of historical workings.
Remarkably, rock-chip samples returned bonanza gold grades up to 216 g/t Au, with several other samples exceeding 50 g/t Au. These results validate the high tenor of gold mineralisation associated with iron-rich quartz veining and historical mining activity in the area. The mineralised corridor, averaging 250 metres wide and locally expanding to 500 metres, remains open along strike, presenting compelling targets for further exploration.
Strategic Geophysical Reinterpretation and Future Targets
Argent has also undertaken a re-interpretation of historical Gradient Array IP surveys over Trunkey Creek, identifying six high-priority targets that correlate well with historical workings. These resistive and chargeable anomalies are prospective for gold mineralisation and will be the focus of upcoming drill testing campaigns.
The company’s flagship Kempfield Silver Deposit, previously upgraded to a resource of 63.7 million tonnes at 69.75 g/t silver equivalent, continues to demonstrate robust polymetallic potential. Argent’s ongoing exploration and geophysical work aim to unlock further extensions and deepen understanding of the deposit’s controls.
Financial Position and Outlook
Argent Minerals ended the quarter with a solid cash position of $1.106 million, underpinning its capacity to advance exploration programs across its portfolio. No mining production occurred during the quarter, consistent with the company’s focus on resource definition and target generation.
With multiple untested geophysical trends and high-grade surface gold confirmed, Argent is well positioned to deliver further value through upcoming drilling and resource updates. The company’s strategic landholdings across New South Wales and Western Australia provide a diversified pipeline of exploration opportunities.
Bottom Line?
Argent Minerals’ latest exploration results set the stage for a pivotal drilling campaign that could redefine the scale of its polymetallic and gold assets.
Questions in the middle?
- Will upcoming drilling confirm deeper extensions of the Kempfield polymetallic mineralisation?
- Can Argent replicate surface bonanza gold grades at depth within the Trunkey Creek corridor?
- What timeline and budget will Argent allocate to test the newly identified high-priority IP targets?