Argent Minerals Finds Visible Gold in Kempfield Drillhole AKDD212
Argent Minerals has confirmed visible gold at its Kempfield and Trunkey Creek projects in New South Wales, highlighting promising high-grade gold shoots and expanding exploration potential. The company plans systematic drilling to further define these multi-metal deposits.
- Visible gold identified in diamond drillhole AKDD212 at Kempfield’s Lode 100
- Trunkey Creek rock chip samples reveal quartz veins with visible gold
- Trunkey Creek positioned as a strategic supplementary gold feed source
- Systematic drilling planned to test priority targets at both projects
- Assay results expected within approximately four weeks
Visible Gold at Kempfield: A Significant Milestone
Argent Minerals Limited has announced a key breakthrough in its exploration efforts with the first-ever observation of visible gold within the Kempfield Polymetallic Project. The discovery occurred in diamond drillhole AKDD212, intersecting coarse, free gold particles associated with carbonate veining in Lode 100. This finding supports the presence of high-grade gold shoots within the broader polymetallic system, which already boasts a substantial mineral resource estimate dominated by silver but with meaningful gold, lead, and zinc components.
Trunkey Creek: Emerging Gold Potential
Just 9 kilometres from Kempfield, the Trunkey Creek Gold Project is gaining attention as a potential supplementary source of gold feed. Recent rock chip sampling has identified quartz veins containing visible gold, reinforcing the interpretation of a large-scale orogenic gold system extending over 4.7 kilometres. Historical mullock dumps and recent surface geochemical campaigns have further validated the presence of high-grade gold mineralisation, setting the stage for maiden drilling to test priority structural corridors.
Strategic Integration and Exploration Plans
Argent Minerals’ Managing Director, Pedro Kastellorizos, emphasised the strategic value of integrating Trunkey Creek’s gold potential with Kempfield’s polymetallic resources. The company’s immediate focus is on systematic drilling at Trunkey Creek to delineate gold mineralisation and advancing high-grade targets within Kempfield. Together, these efforts aim to establish a scalable, multi-deposit precious metals hub in New South Wales, leveraging the proximity and complementary nature of the projects.
Pending Assay Results and Next Steps
While visual identification of gold is encouraging, Argent Minerals cautions that these observations are preliminary and not a substitute for laboratory assays, which are expected within approximately four weeks. Detailed logging and sampling continue, with assay results anticipated to provide critical data on grade, continuity, and economic potential. The company’s exploration strategy includes further drilling programs and geophysical surveys to refine targets and resource models.
Context Within the Regional Mining Landscape
Kempfield and Trunkey Creek lie within the Lachlan Fold Belt, a prolific mining district hosting major operations such as Newcrest’s Cadia mine. Argent Minerals’ projects benefit from established infrastructure and a favourable geological setting, enhancing the prospects for development. The polymetallic nature of Kempfield, combined with the orogenic gold system at Trunkey Creek, offers a diversified resource base that could underpin long-term production and value creation.
Bottom Line?
As Argent Minerals advances drilling and awaits assay results, the confirmation of visible gold marks a pivotal step towards unlocking the full potential of its New South Wales precious metals portfolio.
Questions in the middle?
- What will the forthcoming assay results reveal about the grade and continuity of gold mineralisation?
- How will Argent integrate Trunkey Creek’s gold resources into the broader Kempfield development plan?
- What are the timelines and capital requirements for progressing from exploration to production?
