Argent Minerals Limited · ASX:ARD
Argent Minerals — Investor Presentation (July 2026)
26 slides from Argent Minerals's investor presentation, July 2026
Slide 1: Advancing one of Australia's largest undeveloped silver deposits
Advancing one of Australia’s largest undeveloped silver deposits. * July 2026 argentminerals.com.au
Slide 2: Disclaimer
Disclaimer This investor presentation (Presentation) has been prepared by Argent Minerals Limited (ABN: 89 124 780 276) Argent Minerals disclaims any intent or obligation to update publicly any forward-looking statements, whether as a (Argent Minerals, Argent or the Company). It should not be consid
Slide 3: Advancing one of Australia's largest undeveloped silver deposits at Kempfield
Argent Minerals is advancing one of Australia’s largest undeveloped silver deposits at its Kempfield Project in New South Wales’ prolific Lachlan Fold-Belt. SILVER | GOLD | COPPER July 2026 02
Slide 4: Kempfield's scale and quality supports a path to production
Kempfield’s scale and quality supports a path to production. Kempfield Project *Refer ASX Announcement 25 July 2024: Significant Silver Resource 100% ownership Upgrade over Kempfield Deposit Orange, New South Wales and Appendix 1. JORC Resource* Silver Gold July 2024 63.7Mt 65.8Moz 125.2Koz @ 32.15
Slide 5: Orange has a skilled workforce, established mining services and infrastructure
Orange has a skilled The Wentworth Mine in Orange workforce, established was established in 1851 and produced gold mining services and until its closure in the 1950s. infrastructure. Kempfield is 35km south-west from the town of Orange whose mining history stretches back to 1851. Newmont’s Cadia Min
Slide 6: Corporate snapshot
Corporate snapshot. Share price Market capitalisation A$0.021 A$37.43m Closing price 16 July 2026 52 week high $0.057, low $0.016 Cash Shares on issue A$3.75m 1.70b As at 31 March 2026 Listed Options 230.5m Unlisted Options 74.9m Performance Rights 40.75m Share Registry ASX Share price performance (
Slide 7: Five reasons why it's the golden age for silver
Five reasons why it’s the golden age for silver. 01 02 03 04 05 Strong silver prices have The market remains More primary silver Silver has precious metal Silver is gaining reset project economics. structurally undersupplied. supply is required. and industrial demand. strategic importance. Silver is
Slide 8: Large and development-ready silver resources offer leveraged exposure
Large and development-ready silver resources offer leveraged exposure to an increasingly scarce and strategically important metal. Global silver demand 385,326 oz Silver price ($US per ounce) Major silver applications 10 years to 16 July 2026 2024 exceeded silver supply 100 for the fourth 460.5Moz |
Slide 9: The Kempfield Project
The Kempfield Project. SILVER | GOLD | COPPER July 2026 08
Slide 10: Kempfield's 65Moz silver deposit has outstanding potential to be deeper, longer and broader
Kempfield’s 65Moz silver deposit KEMPFIELD NW ZONE has outstanding potential to be AKRC312 31 m @ 103.5 g/t Ag from surface OPEN deeper, longer and broader*. new shallow lode, open along strike LODE 300 11.8 Mt @ 54.6 g/t AgEq 20.8 Moz AgEq 650 m strike × 150 m wide LODE 100 LODE 200 28.0 Mt @ 66.4
Slide 11: The Kempfield deposit offers scale, continuity and resource growth potential
The Kempfield deposit offers scale, continuity and resource growth potential. 200m The Kempfield resource is 2.3km in strike by 400m in width with mineralisation extending from surface to 370 vertical metres. Previous drilling and surveys show major extensional resource upside across Kempfield NW Zo
Slide 12: The Kempfield Project is being tested by over 1,800m of diamond drilling
The Kempfield Project *Refer ASX Announcement is being tested by over 27 January 2026: 2026 Exploration 1,800m of diamond Drilling Campaign Commences at drilling in 2026. Kempfield This phase of diamond drilling is planned to test recently identified VTEM conductive trends, which are considered pros
Slide 13: January drilling intersected shallow, high-grade silver outside the existing MRE
January drilling intersected shallow, high-grade silver outside the existing Kempfield MRE. New shallow lode discovered at Kempfield NW Prospect with high grade interval of 31m @ 103.47 g/t Ag from surface. Diamond drillhole AKRC312 intercepted 61m of continuous mineralisation, confirming along-stri
Slide 14: Broad, shallow silver mineralisation confirmed outside the Lode 100 MRE boundary
Broad, shallow silver mineralisation was confirmed outside the existing Lode 100 MRE boundary in May. Hole AKDD214 intersected 91.2m @ 39.5 g/t Ag from 8.3m including 14.1m @ 60.2 g/t Ag from 34.7m and 29.1m @60.2 g/t Ag from 71m*. AKDD214 was drilled vertically on the northern eastern flank outside
Slide 15: In November 2025, Lode 200 returned 200.8m @ 140g/t Ag Eq
In November 2025, Lode 200 returned 200.8m @ 140g/t Ag Eq from 33m. Exceptional grades of up to 866.7 g/t Ag Eq (680 g/t Ag) were intercepted from 93.4m – 96m. Lode 200 remains open to the east, highlighting the strong potential to expand the mineral resource and support future development studies.
Slide 16: Visible gold was observed in diamond drillhole AKDD212 within Lode 100
Visible gold was observed in diamond drillhole AKDD212 within Lode 100. The presence of visible gold within Lode 100, in diamond drill hole AKDD212 at approximately 193.8m and 194.0m downhole, supports the interpretation of high-grade shoot development within the polymetallic system and enhances the
Slide 17: Scale and quality of Kempfield supports a clear path to early production
Scale and quality of Kempfield deposit supports a clear path to early production. 03 Establish scalable, 02 multi-deposit mine. Progress exploration drilling and Commercialise surveys to realise district potential 01 resource. beyond the current Resource. Kempfield diamond drilling testing Planned S
Slide 18: Active drilling, strong newsflow
Active drilling, strong newsflow. FID DFS Final approvals Resource definition drilling Ore Reserve Estimate Process design Geotechnical analysis Trunkey drilling Drilling FEED Team recruitment Mineral Resource Estimate Metallurgical testing Permitting, environmental, social licence, Mining Lease SIL
Slide 19: The Trunkey Gold Project
The Trunkey Gold Project. SILVER | GOLD | COPPER July 2026 18
Slide 20: The Trunkey Creek Gold Project, 9km from Kempfield
The Trunkey Creek Gold Project, 9km from Kempfield, has potential as a supplementary mine feed source. Trunkey Creek is emerging as a large-scale gold system, with hundreds of historical gold workings across several NNE trending quartz veins over a 4.7km long x by 500m wide zone. SILVER | GOLD | COP
Slide 21: Recent rock chip assays up to 73.3 g/t gold at Trunkey Creek
Recent rock chip assays up to 73.3 g/t gold at Trunkey Creek confirm that mineralisation extends well beyond historical workings and *Refer ASX remains open along strike. Announcement 10 June 2025: Extensive Untested EM trends located at Kempfield Maiden RC drilling program planned in 2026 to test p
Slide 22: Wider project portfolio has major upside
Wider project Central West region New South Wales West Wyalong New South Wales Nanutarra Western Australia portfolio has major upside. Pine Ridge Gold Project West Wyalong Project is Copperhead Project is produced ore during 35km from Cowal Gold prospective for copper, historic mining. Deposit (4.5M
Slide 23: Our experienced team has a long track record of bringing projects to life
Our experienced team has a long track record of bringing projects to life. Additional mining and financing experience added 1 July. Mike McKevitt Peter Michael Phillip Hall Warrick Hazeldine Steven Wood Chief Executive Officer Non-Executive Chairman Non-Executive Director Non-Executive Director Expl
Slide 24: Clear pathway to a valuation step-change
Clear pathway to a valuation step-change. 05 04 Design processing operations 03 Define development for feed from multiple deposits. 02 Drilling exploration pathways. 01 Conduct studies to technically de-risk program over Trunkey Creek 00 Update Resource by drilling within mine. Gold Project. Kempfie
Slide 25: Recognise the potential
Recognise the potential. admin@argentminerals.com.au Argent Minerals Ltd Level 2, 7 Havelock Street, ABN 89 124 780 276 West Perth, WA 6005 ASX: ARD Australia eNews Join the conversation Follow us Subscribe to our e-news: https://x.com/ArgentLimited www.linkedin.com/company/ www.argentminerals.com.a
Slide 26: Kempfield Project Mineral Resource Estimate
Kempfield Project Mineral Resource Estimate The Kempfield Silver Deposit Mineral Resource estimate for all categories was upgraded to 63.7Mt @ 69.75 g/t silver equivalent for 142.8 million ounces Ag Eq, containing of 65.8Moz silver, 125,192 oz gold, 207,402t lead & 420,373t zinc using >15 g/t Ag cut