Argent Minerals (ASX:ARD) announces it is starting ground exploration with a reconnaissance program over all of the defined electromagnetic (EM) targets at its Copperhead Project in the Gascoyne Province of Western Australia.
As part of the program, surface sampling and geological mapping will enable planning for a potential scout drilling program over the entire defined target areas.
The company states ground exploration has been scheduled due to 13 tempest target anomalies selected within the project, based on an initial review of the gridded tempest data.
Additionally, the targets have been identified as prospective for copper mineralisation based on known mineralised trends and favourable lithologies.
Argent Minerals Managing Director, Pedro Kastellorizos says: “We are extremely pleased to have received an incredibly positive high-level data review report from core geophysics from the airborne Tempest EM survey as this represents a major leap forward in the company’s systematic targeting process in defining new copper discoveries over the Copperhead Project.
“Most of the EM targets clearly correlates proximity to the Discovery Formation Siltstone and synclinal structures which appear to control the copper mineralisation”
Most of the EM targets clearly correlates proximity to the Discovery Formation Siltstone and synclinal structures which appear to control the copper mineralisation.
We have now placed the company in a position to actively commence ground exploration over multiple geophysical, lithological, mineralised, and structural targets and trends previously unknown to many explorers.
By completing this process, we have significantly advanced the company’s exploration strategy by directly targeting priority exploration areas which have the potential for delineating undiscovered Cu-Zn-Ag mineralisation.”
Argent reports that the target anomalies were ranked with higher priorities assigned to deeper, more conductive targets in the absence of topographic lows or drainage features.
Additionally, the plate modelling suggests that the responses were suitably defined by relatively flat to shallow dipping variably conductive sources, which are located from 40m to 225m depth.
The Copperhead Project is located 350km east-northeast of Carnarvon and 950km north of Perth in Western Australia.
Argent Minerals is an ASX-listed public company, focusing on the discovery, extraction, and marketing of precious and base metals. The company’s tenement package currently covers over 1,000km-square in Western Australia targeting Cu-Ni-REE-PGE and Cu-Pb-Zn-Ag within 175km-square in New South Wales.
Images: Argent Minerals Limited
