Argent Minerals Limited (ASX: ARD) has announced the confirmation of high-grade gold mineralisation at its Trunkey Creek Gold Project in New South Wales. Argent Minerals is focused on creating shareholder wealth through the discovery, extraction, and marketing of precious and base metals. The company’s recent rock chip sampling program has identified additional gold mineralisation extending south of previously targeted areas.
The maiden rock-chip reconnaissance program delineated newly identified gold-mineralised extensions and historical workings over a 1.8km trend. This discovery increases the total mineralised strike to over 4.7km. The mineralised system remains open along strike to the north and south, indicating further potential for expansion. Assay results from the rock chip sampling program returned bonanza gold grades, including a peak of 216 g/t Au.
Field confirmation identified extensive historical gold workings developed along multiple NNE-trending quartz vein systems within a corridor approximately 4.7km long and 500m wide. Historical production from these workings exceeded 2,900 ounces of gold. Reinterpretation of historical Induced Polarisation (IP) data outlined significant chargeability anomalies and resistive zones, which are potentially indicative of sulphide mineralisation and quartz-rich structures.
With these promising findings, Argent Minerals is now planning a maiden reconnaissance reverse circulation (RC) drilling program. The program will target areas defined by historical workings, geophysics, and surface mapping. The proximity of the high-grade gold mineralisation at Trunkey Creek, located just 9km from the Kempfield Project, may provide a supplementary high-grade gold feed source for any future mining operations in the area.
