Argent Minerals Unveils Key Drill Targets at West Wyalong Near NSW Giants

Argent Minerals has pinpointed multiple priority drill targets at its West Wyalong Copper-Gold Project, leveraging both orogenic gold and porphyry copper-gold models in a region rich with world-class deposits. The next phase involves securing land access and deploying geophysical surveys to refine these promising targets.

  • Priority drill targets identified for orogenic gold and porphyry copper-gold mineralisation
  • Project located near major NSW deposits including Cadia, Northparkes, and Cowal
  • High-grade rock chip samples and historic gold production highlight potential
  • Significant copper-gold intersections from previous drilling support exploration
  • Next steps – land access negotiations and geophysical surveys ahead of drilling
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Strategic Location and Geological Promise

Argent Minerals Limited has announced the identification of multiple priority drill targets at its West Wyalong Copper-Gold Project in New South Wales. The project is strategically situated within the prolific Lachlan Fold Belt, just 37 kilometres from Evolution Mining’s Cowal operation and close to other world-class deposits such as Newmont’s Cadia and Evolution’s Northparkes mines. This proximity places West Wyalong in a highly prospective volcanic belt known for significant copper and gold mineralisation.

The company’s exploration focus spans two mineralisation models, orogenic gold in the north-western part of the project, characterised by three quartz vein systems extending up to 1.25 kilometres, and porphyry copper-gold in the south-east, where multiple large-scale targets have been delineated along a six-kilometre trend.

Historical Context and Recent Findings

Historically, the West Wyalong Goldfields, located just three kilometres from the project area, produced approximately 445,700 ounces of gold at an impressive average grade of 40 grams per tonne. Argent’s recent rock chip sampling has returned high-grade gold values, with several samples exceeding 10 grams per tonne, underscoring the area’s significant orogenic gold potential.

Previous drilling in the region has also revealed encouraging copper-gold intersections consistent with porphyry-style mineralisation. Notably, targets such as Narragudgil and Yiddah North exhibit geological and geophysical signatures similar to the nearby Yiddah Porphyry Deposit, which hosts a substantial mineral resource. These findings reinforce the potential for a large mineralised system within Argent’s tenure.

Next Steps and Exploration Outlook

Argent’s Managing Director, Pedro Kastellorizos, emphasised the significance of these discoveries, highlighting the company’s immediate priorities, securing land access agreements and initiating geophysical programs, including induced polarisation and electromagnetic surveys. These efforts aim to refine and prioritise drill targets ahead of the planned drilling campaign.

While the results are early-stage and no formal resource estimates have yet been made, the combination of historical production, high-grade surface samples, and compelling geophysical data positions West Wyalong as a promising exploration frontier. The project’s location within a renowned mineral belt and its proximity to established mines add further strategic value.

As Argent advances its exploration activities, the market will be watching closely for drill results that could validate the scale and quality of mineralisation suggested by these initial findings.

Bottom Line?

West Wyalong’s evolving drill targets could soon reshape Argent Minerals’ growth trajectory in NSW’s copper-gold sector.

Questions in the middle?

  • How soon will Argent secure land access to commence drilling?
  • What will geophysical surveys reveal about the depth and extent of mineralisation?
  • Can Argent replicate the success of nearby world-class deposits within its tenure?