Argent Minerals Limited · ASX:ARD
Argent Minerals — NSW Minerals and Exploration Conference 2011
26 slides from Argent Minerals's conference presentation, Aug 22, 2011
Slide 1: ASX Announcement: Investor Presentation
Argent Minerals Limited ABN 89 124 780 276 ASX ANNOUNCEMENT 22 August 2011 For personal use only INVESTOR PRESENTATION Argent Minerals Limited advises that the following presentation was made to investors on 19 August 2011 at 4:15pm. For more information contact: www.argentminerals.com.au Kerry McHu
Slide 2: ASX Announcement: Investor Presentation
Argent Minerals Limited ABN 89 124 780 276 ASX ANNOUNCEMENT 22 August 2011 For personal use only INVESTOR PRESENTATION Argent Minerals Limited advises that the following presentation was made to investors on 22 August 2011. For more information contact: www.argentminerals.com.au Kerry McHugh Executi
Slide 3: Investor Update: Presentation to NSW Minerals and Exploration Conference
For personal use only INVESTOR UPDATE Presentation to NSW Minerals and Exploration Conference Sydney August 2011
Slide 4: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Argent Minerals Limited (ASX:ARD) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates and
Slide 5: Argent Minerals
ARGENT MINERALS For personal use only Argent is an ASX listed pre-development minerals company with a 100% interest in the Kempfield silver/lead/zinc project located 30 kms south of Blayney, NSW. Argent also has a 51% interest in the Sunny Corner polymetallic deposit near Bathurst, NSW and has inter
Slide 6: Corporate Information
Corporate Information For personal use only Capital Structure Share Price Chart ASX Code ARD Shares on Issue-Fully Diluted 139 million Share Price -9 August $0.23 Market Cap $ 31 million Cash $ 8.8 million Directors Kerry McHugh – Executive Chairman Marcus Michael – Executive Director Steve Gemell –
Slide 7: Kempfield Project Overview
KEMPFIELD PROJECT OVERVIEW For personal use only Located 7km West of Trunkey Creek and 30km South of Blayney, NSW . Silver, Lead, Zinc, Barite VMS Deposit. • Resources of 20 Mt containing 31Moz of Silver, 265,000t Pb/Zn, 65,000 ozs of gold and 2.5Mt of Barite • Definitive Feasibility Study underway
Slide 8: Regional Geological Setting
REGIONAL GEOLOGICAL SETTING For personal use only
Slide 9: Local Geology and Drilling
LOCAL GEOLOGY 3 km long silver rich barite horizon with six For personal use only zones, three contain economic resources: - Quarries Zone - BJ Zone - McCarron Zone Three types of mineralisation: - Oxide - Transitional - Sulphide DRILLING Zone Holes Metres Quarries 120 6,083 BJ 111 7,801 McCarron 13
Slide 10: Project Site
For personal use only PROJECT SITE
Slide 11: McCarron Zones, Quarries Zone, BJ Zone
McCarron Zones Quarries Zone BJ Zone
Slide 12: Resources
Resources For personal use only • 20.6 million tonnes for:- 31.6 m ozs Silver, 65,000 ozs Gold, (Equivalent to 780,000 ozs of gold at silver/gold ratio of 44:1) Plus 261,000 tonnes of Lead and Zinc. • Approx 69% measured or indicated • See later slides for details.
Slide 13: Mineral Resources
Mineral Resources Silver Gold Lead Zinc For personal use only Tonnes Grade Contained Grade Contained Grade Contained Grade Contained Metal Metal Metal Metal Million g/t M ozs g/t 000 ozs % 000t % 000t Oxide/Mixed* 5.8 58 10.8 0.1 19 N/A N/A N/A N/A Cut off grade 25g/tAg Primary** 14.4 45 20.8 0.1 46
Slide 14: Processing
PROCESSING For personal use only Pit Crusher SAG Mill • Single Stage Crusher • SAG Mill Carbon Agitated Extraction of Cyanide • Agitated Cyanide Leach Ag and Au Leach • Followed by: (a) Carbon Extraction Circuit to Recover Ag and Au to Dore Ag, Au (b) Flotation Circuit to Recover Bars Additional Ag+
Slide 15: Preliminary Site Layout
PRELIMINARY SITE LAYOUT For personal use only
Slide 16: Project Economics
Project Economics For personal use only Pit Optimization 1.5 million tpa November 2010 Prices $26.84/oz Operating Parameters Tonnes Treated 15.9mt Strip Ratio 1.4 to 1 Mine Life 10.6 years Payable Silver Produced 20.8 million ounces Payable Gold Produced 33,600 ounces Payable Lead Produced 25,500 to
Slide 17: DFS Underway
DFS Underway For personal use only • Metallurgical testing • Infill drilling • Revised resource estimate • Mine plan • TSF and Water • Roads and Power • Environmental Impact Statement • Development Approval
Slide 18: Indicative Project Timetable
Indicative Project Timetable For personal use only
Slide 19: Potential to extend known resources
Potential to extend known resources. For personal use only • All zones open at depth • Some strike extensions possible:- - McCarron open to the north - BJ open to south -Quarries open to north and south
Slide 20: BJ ore zone Section 3100N
BJ ore zone Section 3100N For personal use only
Slide 21: McCarron ore zone Section 2575N
McCarron ore zone Section 2575N For personal use only
Slide 22: Kempfield: Exploration Potential
Kempfield : Exploration Potential Silver Lead Zinc For personal use only
Slide 23: AKRC80 Silver Intersection
AKRC80 Silver (Ag) Iitersection 709, 000mE 709,200mE Figure 16. Simplified drilling cross-section of AKRC080 with chargeability background.
Slide 24: IP Target
IP Target For personal use only • AKRC 080 tested IP target to south of Quarries Zone. • 400 m hole (300m vertical depth). • 4 main intersections:_ -17 m @0.51g/t Au from 154m incl 1m at 3.14g/t Au. -24 at 2.74% Pb/Zn including 7m at 4.1% and 4m at 4.1%. -9m at 45.5g/t Ag and 0.95% Pb/Zn from 354m.
Slide 25: The Investment Case
For personal use only The Investment Case
Slide 26: For personal use only
For personal use only
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