Argent Minerals Ltd (ASX:ARD) currently has a 12-hole 3,330 metre diamond drilling program underway at Kempfield in New South Wales, which already hosts 33 million silver ounces, and recently yielded 1 metre at 1,065g/t gold.
The first two holes are completed, and Argent said they have positive early visual results.
Assays are expected within the coming weeks. A third hole is now underway.
The Kempfield diamond drilling campaign is being executed on a 24 hr/7 day basis (including during the Easter period) for rapid delivery of results, and optimised costs per metre drilled.
The drilling schedule, which is subject to efficiency adjustments as the campaign progresses, aims to complete the 12 holes before 30 June 2016.
The program includes specific follow up of the high grade precious and base metals intersected in the south-western area of the deposit.
These included: 5 metres at 17.9% lead/zinc, 259g/t silver and 0.34g/t gold from 88 metres; and 14 metres at 5.2% lead/zinc, 64.5g/t silver and 1.5g/t gold from 72 metres.
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