Argent Targets 142.8 Moz Silver Eq. with Major Kempfield and Trunkey Drilling

Drilling Program Launches at Kempfield and Trunkey Creek

Argent Minerals Limited (ASX – ARD) has commenced an extensive drilling program across its Kempfield Silver-Polymetallic Project and the Trunkey Creek Gold Project in New South Wales. The campaign involves more than 45 reverse circulation and diamond drill holes, totaling approximately 3,200 metres, designed to test extensions of known mineralisation and explore new high-priority targets.

The Kempfield Project remains the cornerstone of Argent’s portfolio, boasting a recently upgraded resource of 63.7 million tonnes at 69.75 grams per tonne silver equivalent, making it Australia’s second largest undeveloped silver deposit. The drilling will focus on multiple zones including the Kempfield Main Zone, Kempfield NW, and Kempfield IP zones, aiming to extend mineralisation along strike and at depth, as well as investigate geophysical anomalies that may represent blind sulphide-rich systems.

Maiden Gold Drilling at Trunkey Creek

In parallel, Argent is initiating maiden drilling at the Trunkey Creek Gold Project, located about 9 kilometres east of Kempfield. This program targets a 4.7-kilometre corridor of gold mineralisation identified through surface geochemical anomalies and historical workings. The 30-hole reverse circulation drilling campaign will test beneath and along strike of these historic gold workings, focusing on orogenic-style gold systems analogous to those found at nearby Hill End and Lucknow.

This dual-track approach reflects Argent’s strategy to unlock multiple near-term value catalysts by advancing two stand-alone assets simultaneously. By diversifying its discovery potential and maintaining a steady news flow, the company aims to de-risk resource growth pathways and enhance the long-term economic potential of its asset base.

Strategic Importance and Outlook

Located in the highly prospective Lachlan Orogen, the Kempfield and Trunkey Creek projects benefit from proximity to established mining districts and infrastructure. Kempfield’s polymetallic resource includes significant quantities of silver, gold, lead, and zinc, supporting a clear pathway to early production through a heap leach starter operation. Meanwhile, Trunkey Creek offers major gold upside with historical production and promising recent exploration results.

Argent’s Managing Director, Pedro Kastellorizos, emphasised the importance of this drilling campaign in driving shareholder value and strengthening the company’s project pipeline. The results from this program will be critical in guiding ongoing exploration and resource delineation efforts.