Key Highlights

  • Hole AKDD217 intersected 18.2m at 187.3 g/t Ag from 168m beyond the current Lode 100 resource boundary, with individual assays of up to 705 g/t Ag.
  • Holes AKDD215, AKDD216 and AKDD219 confirmed mineralisation in the Gap area and at depth in Lode 200, with several intercepts at lower silver grades.
  • The existing Kempfield resource is 63.7Mt at 69.75 g/t AgEq for 142.8Moz AgEq, and assays from five more holes are expected over about six weeks.

Argent Minerals Limited (ASX:ARD) released drilling results on 24 September 2026 from its 100%-owned Kempfield Project in New South Wales. The announcement covers four diamond holes completed between April and mid-June 2026, which test growth opportunities around the existing Kempfield Mineral Resource of 63.7 million tonnes at 69.75 g/t silver equivalent for 142.8 million ounces of silver equivalent.

Program objectives

The holes are part of a systematic program of about 1,880 metres announced in January 2026. It was designed to test extensions to silver-lead-zinc mineralisation across Lodes 100, 200 and 300, to examine areas of sparse historical drilling, and to test the Gap Prospect between Lodes 100 and 300. The company lists three campaign objectives: lodes continuing at depth, mineralisation persisting within under-drilled gaps, and mineralisation extending beyond current resource boundaries.

AKDD217 and AKDD216

AKDD217 returned 18.2 metres at 187.3 g/t silver from 168 metres, beyond the current Lode 100 resource boundary, with individual silver assays of up to 705 g/t and 442 g/t. The hole also recorded a 158.7 metre mineralised interval from surface averaging 17.9 g/t silver, 0.44% lead and 0.63% zinc, including 18.8 metres at 53.4 g/t silver from 80 metres.

AKDD216 tested the depth extension of Lode 200 and intersected 29.8 metres at 34.6 g/t silver from 60 metres, plus 3.9 metres at 70.4 g/t silver from 42.3 metres, including 1.4 metres at 154.0 g/t silver. The company says this extends mineralisation below its previously defined position.

AKDD215 and AKDD219

AKDD215 tested the Gap between Lodes 100 and 300 and intersected a 25 metre zone from 63 metres averaging 3.7 g/t silver, 0.55% lead, 1.34% zinc and 0.12 g/t gold, including 9 metres at 6.0 g/t silver, 1.04% lead, 2.28% zinc and 0.25 g/t gold from 68 metres. Silver grades in this hole are low, and the company frames the result as confirmation of base metal mineralisation in a sparsely drilled area.

AKDD219 tested an under-drilled part of Lode 200 and intersected 21.5 metres at 18.9 g/t silver, 0.70% lead and 0.80% zinc from 127 metres, including 5.4 metres at 40.7 g/t silver, 1.16% lead and 2.10% zinc. Intercepts use cut-offs of 10 g/t silver, 0.01 g/t gold and/or 0.1% lead and zinc.

Pending assays and further work

Assays for a further five drill holes remain pending and are expected over the coming six weeks. Further drilling is planned across the Gap area and along the southern extensions of Lodes 100 and 200, and the company says mineralisation remains open along strike and at depth, with drilling continuing through the remainder of 2026. The release also refers to earlier 2026 results from AKDD212, AKDD213 and AKDD214. It does not state whether or when the resource estimate will be updated, so the extensions described remain outside the reported resource.

Additional intervals in the drill table

The drill table lists further intervals beyond the headline results. AKDD217 also returned 6 metres at 52.9 g/t silver from surface, 25.7 metres at 10.0 g/t silver, 0.92% lead and 1.76% zinc from 12.3 metres, and 14.6 metres at 24.8 g/t silver from 102.4 metres. AKDD219 returned 22.6 metres at 27.3 g/t silver from 55.8 metres and 7.8 metres at 17.7 g/t silver from 102.2 metres. Zinc and lead grades in several intervals are reported at levels below 1%, so the value of these intervals depends on both silver and base metal contributions.