Argent Minerals has reported exceptional high-grade silver assay results from its Kempfield Project, extending mineralisation well beyond previous limits and advancing metallurgical studies to support future development.
- Record silver grades from diamond drillhole AKDD210 at Kempfield
- Broad intercepts including 200.8m at 140 g/t silver equivalent
- Mineralisation extended 110 vertical metres beyond historical limits
- Metallurgical testwork progressing to inform scoping study
- Strong cash position of $4.378 million supports ongoing exploration
Exceptional Drilling Results at Kempfield
Argent Minerals Limited has delivered a standout quarterly update with the release of record high-grade silver assay results from diamond drillhole AKDD210 at its flagship Kempfield Project in New South Wales. The drillhole intersected a broad mineralised zone of 200.8 metres grading 140 grams per tonne silver equivalent, including a remarkable 99.8 metres at 180.2 grams per tonne silver equivalent. Peak samples within this interval reached up to 1,030 grams per tonne silver, underscoring the exceptional quality of the deposit.
This latest drilling has extended mineralisation 110 vertical metres beyond previous historical limits and remains open to the east, highlighting significant upside potential for resource expansion. The results reinforce Kempfield’s status as one of Australia's largest undeveloped silver deposits, currently hosting 142.8 million ounces silver equivalent across 63.7 million tonnes.
Advancing Metallurgical Studies and Development Pathways
Alongside exploration success, Argent has progressed metallurgical testwork to evaluate processing options for Kempfield’s polymetallic ore. Bottle roll testing on oxide samples aims to assess heap leach starter operations, while carbon-in-leach and flotation pathways for sulphide material are also under review. These studies are critical to developing process flow diagrams and design criteria that will underpin a forthcoming Scoping Study, potentially enabling staged production to generate early cash flow.
Comprehensive Drilling Program and Regional Exploration
Building on these results, Argent has planned an extensive ~3,200-metre reverse circulation and diamond drilling campaign targeting multiple zones within Kempfield and the nearby Trunkey Creek Gold Project. This program aims to extend known mineralisation along strike and at depth, test geophysical anomalies indicative of blind sulphide systems, and explore gold targets analogous to prominent regional deposits. The company’s data-driven approach integrates geophysics, geochemistry, and historical data to refine high-priority targets.
Financial Position and Corporate Update
Argent remains well funded with cash reserves of $4.378 million, providing a solid platform to advance drilling, metallurgical studies, and resource expansion initiatives throughout 2026. The company also reported modest cash inflows from option exercises and disclosed payments to related parties in line with ASX requirements. No mining production occurred during the quarter, reflecting the project’s development stage.
With Kempfield’s significant resource base and ongoing exploration success, Argent Minerals is positioning itself to unlock value in one of Australia’s premier silver districts. The combination of record assay results, advancing metallurgical work, and a robust drilling pipeline sets the stage for further milestones in the coming months.
Bottom Line?
Argent Minerals’ record silver grades and expanding resource footprint at Kempfield signal a promising trajectory, but investors will watch closely for metallurgical outcomes and development timelines.
Questions in the middle?
- How will ongoing metallurgical testwork influence the economic viability of Kempfield’s processing routes?
- What are the timelines and expected outcomes for the upcoming Scoping Study?
- Could the Trunkey Creek drilling program reveal significant gold resources to complement Kempfield’s silver base?