Argent Minerals Limited · ASX:ARD
Argent Minerals — Shareholder Meeting (October 2019)
14 slides from Argent Minerals's shareholder meeting presentation, Oct 22, 2019
Slide 1: AGM Presentation
ARGENT MINERALS LIMITED ASX:ARD AGM Presentation For personal use only 22 October 2019
Slide 2: Disclaimer
DISCLAIMER This investor presentation (Presentation) has been prepared by Argent Minerals Limited (ABN: 89 124 780 276) (Argent or the Company). It should not be considered as an offer or For personal use only invitation to subscribe for or purchase any securities in the Company or as an inducement
Slide 3: Why Invest in Argent?
WHY INVEST IN ARGENT? § Highly experienced board and management For personal use only • Highly focused on Argent share price turnaround and growth • New CEO/MD appointed 21 October 2019 – George Karageorge § Quality assets with ’company maker’ potential • #1 Kempfield + Pine Ridge/Trunkey gold belt:
Slide 4: 2019 Volatility and Liquidity Boosted By Board/Management Strategy and Silver/Gold Prices
2019 ASX:ARD VOLATILITY AND LIQUIDITY BOOSTED BY: BOARD/MANAGEMENT STRATEGY AND SILVER/GOLD PRICES ASX:ARD 1Year performance to 21 October 2019 For personal use only 2.8 cents 5 September $1.9 M private placement @ 2.1 cents + options 2.4 cents 5 September 0% 2.1 cents 21 October close 35 $0.64 M pr
Slide 5: 2019 Exploration Highlights
2019 EXPLORATION HIGHLIGHTS § Kempfield – Gold targets identified for drilling For personal use only • Government approval granted for 37 holes ⎯ Gold-copper footwall and potential feeder zone (eg. 7 initial diamond holes) ⎯ Resource infill drilling § Pine Ridge Gold Mine – Initial drilling programm
Slide 6: Kempfield - Large Scale Potential
KEMPFIELD - LARGE SCALE POTENTIAL § Metallurgical breakthroughs in 2018 for primary material For personal use only GO Mineral Resource3 § Significant mineral resource update – 100 Moz silver equivalent DO 38 Moz gold, 8.3 Mt copper § Exploration upside identified for drilling LP NEWCREST CADIA HI N
Slide 7: New 3D Geology and Exploration Model and Exploration Target
NEW 3D GEOLOGY AND EXPLORATION MODEL AND EXPLORATION TARGET For personal use only + 4 KM FURTHER POTENTIAL ADDITIONAL STRIKE LENGTH IDENTIFIED to 7 km TOTAL Strike length – increased 2.5 X w all to 3,000 metres oot e f n l d zo r- go er pe eed ets op d f rg C an ta ` Width – increased 1.8 X to 650 m
Slide 8: Gold-Focused Enhancement Strategy: Kempfield – Pine Ridge – Trunkey
GOLD-FOCUSED ENHANCEMENT STRATEGY KEMPFIELD – PINE RIDGE – TRUNKEY § Exploration strategy For personal use only • Goal: Supplement Kempfield Ag/Au oxide material with high grade gold GO Mineral Resource3 DO ⎯ Drill identified feeder zone and footwall areas west of Kempfield resource 38 Moz gold, 8.3
Slide 9: West Wyalong – Strategic Location, Discovery Potential
526000E 527000E 528000E 529000E 526000E 527000E 528000E 529000E 526000E 527000E 528000E 529000E WEST WYALONG – STRATEGIC LOCATION . 5 . 5 DISCOVERY POTENTIAL 1 . 5 1 6242000N 1 6242000N 6242000N 6242000N 6242000N 6242000N 2 2 526000E 527000E 528000E 529000E 2 526000E 527000E 528000E 529000E 1. 5 5 5
Slide 10: West Wyalong Gravity Survey Completed
WEST WYALONG GRAVITY SURVEY COMPLETED igure 4 – Location illustration - West Wyalong project NEW COMPELLING DRILL TARGETS IDENTIFIED new drill targets During the year the Company completed a gravity survey at West Wyalong. § Precision gravity measurements: 2,200 new stations on 100-metre grid over 9
Slide 11: Summary
SUMMARY For personal use only § Board and management goals • ARD share price § Achievements in FY2019 • Kempfield ⎯ Gold drill targets identified ⎯ 37 hole drill programme approved ⎯ Crown Land access granted • Pine Ridge Gold Mine ⎯ Drill programme completed ⎯ Milestone hole intersected high grade
Slide 12: Contact Details
CONTACT DETAILS For personal use only § Website www.argentminerals.com.au § Chief Executive Officer/MD • George Karageorge • Mobile 0419 944 484 • Email george.karageorge@argentminerals.com.au 12
Slide 13: Appendix – Kempfield Mineral Resource and Ore Reserves Statement
Transitional* Primary** Oxide/ 20 6.0 35 55 23 11 0.13 0.11 81 21 0.60 N/R i 120i N/R 1.3i N/R 250i N/R 2.3 1.0 450 62 140 64 91 12 MINERAL RESOURCES AND ORE RESERVES STATEMENT Transitional* Primary** Total*** 20 26 35 40 23 33 0.13 0.12 81 100 0.60 0.46 120 120 1.3 1.0 250 250 2.3 2.0 450 520 140 1
Slide 14: Competent Person Statements
COMPETENT PERSON STATEMENTS Previously Released Information For personal use only This Presentation contains information extracted from the following reports which are available for viewing on the Company’s website http://www.argentminerals.com.au : § 27 July 2017 Copper and Gold in West Wyalong Por