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Argent Minerals Limited (ASX: ARD) is accelerating the development of its Kempfield Polymetallic Project in New South Wales by launching a critical phase of diamond drilling and metallurgical testwork. This work is designed to support a Project Scoping Study and assess early cash flow potential through heap leach processing. Two diamond drill holes, totalling approximately 700 metres, will target Lodes 100 and 200 to determine the depth of mineralisation and collect representative material for testing. Drilling is set to commence within two weeks, pending regulatory approvals.
The Company has engaged BHM Process Consultants to complete a detailed review of historical metallurgical data and evaluate multiple processing routes, including Heap Leach and Carbon-In-Leach (CIL)/Flotation. These outcomes will inform a Preliminary Economic Assessment and guide future development. With a 63.7Mt Mineral Resource, including 46.6Mt of primary ore, Argent is focused on de-risking the project and progressing toward production, while also exploring broader regional opportunities for further value creation.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.