Argent Minerals Limited · ASX:ARD

Argent Minerals — Investor Presentation (September 2015)

26 slides from Argent Minerals's investor presentation, Sep 22, 2015

  1. Slide 1: Shareholder/Investor Briefings: Drill Testing Kempfield

    ARGENT MINERALS LIMITED ASX:ARD SHAREHOLDER/INVESTOR BRIEFINGS 22 & 23 SEPTEMBER 2015 For personal use only DRILL TESTING KEMPFIELD FOR AUSTRALIA’S NEXT HIGH GRADE LEAD/ZINC DISCOVERY

  2. Slide 2: Disclaimer

    DISCLAIMER This investor presentation (Presentation) has been prepared by Argent Minerals Limited (ABN: 89 124 780 276) (Argent Minerals, Argent or the Company). It should For personal use only not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or

  3. Slide 3: Argent at a Glance

    ARGENT AT A GLANCE Capital Structure Board & Management For personal use only Ordinary shares (ASX:ARD) 219.6M Stephen Gemell Chairman (Non-exec) B.Eng (Hons), FAusIMM (CP) Share price1 $0.024 David Busch Managing Director Market capitalisation1 $5.27M B.Eng, BSc, MAusIMM Cash2 $611,678 *Peter Night

  4. Slide 4: Why Invest in Argent Minerals: Three Projects

    WHY INVEST IN ARGENT MINERALS § THREE PROJECTS IN HIGHLY PRODUCTIVE TERRANE For personal use only – Kempfield Polymetallic Project (Argent 100%) • High grade base and precious metals potential • Near term production potential (JORC 2012 Resource) – West Wyalong (Argent 51%, right to earn 70%) • Lar

  5. Slide 5: Why Invest in Argent Minerals: Three Rerate Drivers

    WHY INVEST IN ARGENT MINERALS § THREE DRIVERS FOR A POTENTIAL RERATE OF ASX:ARD SHARE PRICE For personal use only 1. A high grade base & precious metals discovery at Kempfield featuring lead/zinc • Preparations underway for 7 hole 3,200 metre deep diamond drilling program 2. A copper gold discovery

  6. Slide 6: Business Model

    BUSINESS MODEL Strategy Primary Goals/Aspirations For personal use only ASX:ARD premium Leading Australian quality market valuation Exploration Polymetallic Producer 1.5 Mtpa, 20Y LOM Execution Production Exploration – significant upside potential Capital Efficiency • Kempfield additional tonnes hig

  7. Slide 7: Argent Strategy: Three Key Elements

    ARGENT STRATEGY: THREE KEY ELEMENTS Exploration For personal use only Initial goals/aspirations: • Kempfield: Additional tonnes, high grade lead/zinc focus - Feeder zone and multiple VMS lens potential • West Wyalong: drill large identified porphyry copper-gold target Efficient funding Feedstock Marke

  8. Slide 8: Kempfield Polymetallic Project

    For personal use only KEMPFIELD POLYMETALLIC PROJECT LACHLAN OROGEN CADIA SYDNEY KEMPFIELD 8

  9. Slide 9: Strategically Positioned in World-Class Neighbourhood

    STRATEGICALLY POSITIONED IN WORLD-CLASS NEIGHBOURHOOD § HIGHLY PRODUCTIVE GEOLOGICAL TERRANE For personal use only § COMPELLING PEER GROUP: RICH BASIN MARGIN POLYMETALLIC DEPOSITS New South Wales LACHLAN OROGEN Eastern Australian Toho Zinc Palaeozoic Glencore Volcanogenic Massive Aurelia/ Sulphide

  10. Slide 10: Kempfield Positioning Within Peer Group

    KEMPFIELD POSITIONING WITHIN PEER GROUP EASTERN AUSTRALIAN PALAEOZOIC VMS DEPOSITS For personal use only 10.0 Rosebery Hellyer Woodlawn ? Contained base metals (Cu+Pb+Zn) (Mt) Thalanga ? 1.0 Hercules • Historic grades of up to 21.4% Prince Lyell Captains Flat Currawong Que River combined Cu/Pb/Zn re

  11. Slide 11: Substantial Open, Highly Prospective, Untested Areas

    SUBSTANTIAL OPEN, HIGHLY PROSPECTIVE, UNTESTED AREAS 4 km strike IP chargeability anomalies1 For personal use only potential (mV/V) ) < 0.5 margin 0.50 to 2.00 2.00 to 4.00 4.00 to 5.00 basin Open 5.00 to 6.50 6.50 to 8.00 zone ( ≥ 8.00 Open h fault Known mineralisation JORC 2012 Resource Growt Incr

  12. Slide 12: Base Metal Potential Identified to the West and at Depth

    BASE METAL POTENTIAL IDENTIFIED TO THE WEST AND AT DEPTH For personal use only LENS 2 – Quarries (1.7 Mt) 2.1% Pb/Zn & 0.05 g/t Au INTERPRETED VMS LENS AND LENS 2 – McCarron (5.8 Mt) 2.2% Pb/Zn & 0.18 g/t Au FEEDER ZONE AREAS (Conceptual targets shown, to be adjusted LENS 1 (6.8 Mt) e a d /zinc est

  13. Slide 13: Deposit Model Validated by Diamond Drilling

    DEPOSIT MODEL VALIDATED BY DIAMOND DRILLING Original volcanogenic massive sulphide (VMS) For personal use only Basin sediments VMS DEPOSIT ZONATION mound formation margin volcanoclastics Silver/barite 1 2 Increasing lead/zinc grades 3 Hydrothermal fluid convection High grade lead/zinc 4 +/- copper/g

  14. Slide 14: High Grade Lead/Zinc Target Zone

    HIGH GRADE LEAD/ZINC TARGET ZONE AKDD159 For personal use only 18 m @ 9.8% Pb/Zn, 113 g/t Ag & 0.26 g/t Au from 85 m AKDD178 including: 5m @ 4 g/t Au from 353 m 5 m @ 17.9% Pb/Zn, 259 g/t Ag & 0.34 g/t Au from 88 m B A West East X High grade Pb/Zn target zone X Lens 3 Lens 2 Lens 1 Au +/- Cu Pb/Zn/A

  15. Slide 15: Drill Testing for Lens Extensions at Depth (Example)

    DRILL TESTING FOR LENS EXTENSIONS AT DEPTH (EXAMPLE) 707,950mE 708,000mE 708,050mE 708,100mE 708,150mE 708,200mE 708,250mE 800mRL 800mRL For personal use only A (West) B (East) 9 D15 AKD Hole 4 750mRL 750mRL 600 m 16 m @ 1.77% Pb/Zn, 18 g/t Ag & 0.18 g/t Au from 22 m AKRC136 48 m @ 4.33% Pb/Zn, 43 g

  16. Slide 16: Extended Reach Deep Diamond Drill Program to Start

    EXTENDED REACH DEEP DIAMOND DRILL PROGRAM TO START 707,000 707,500 708,000 708,500 709,000 mE mE mE mE mE For personal use only 7 additional deep holes for 3,200 metres to LEGEND N test for depth extensions and additional lenses 1 MMC conductive zones & follow up QUARRIES ZONE priorities 50 MMC Resp

  17. Slide 17: Advancing as a Polymetallic Project: Zinc Outlook

    ADVANCING AS A POLYMETALLIC PROJECT INCREASED EXPOSURE TO ZINC AS MARKETS PRICE IN SUPPLY OUTLOOK For personal use only 10 YEAR HISTORICAL LME ZINC SPOT PRICE AND STOCK LEVELS ZINC DEFICIT FORECAST1 $5,000 1,400,000 150,000 LME ZINC SPOT ($/t, LHS) LME ZINC STOCKS $4,500 100,000 (tonnes, RHS) 1,200,

  18. Slide 18: West Wyalong Project

    WEST WYALONG PROJECT For personal use only 18

  19. Slide 19: West Wyalong Project Leaps Forward

    WEST WYALONG PROJECT LEAPS FORWARD MAGNETIC SURVEY REVEALS LARGE PORPHYRY COPPER-GOLD TARGET For personal use only ARGENT PROJECT EQUITY NOW 51% WITH RIGHT TO EARN 70% 37 km to Lake Cowal mine § Porphyry copper-gold signature indicated: coincident magnetic low and IP purchased by Evolution ($US550M

  20. Slide 20: Summary

    SUMMARY § KEMPFIELD – DRILL TESTING THE HIGH GRADE VMS POTENTIAL For personal use only – Significant (21.8 Mt) Mineral Resource – JORC 2012 compliant (upgrade-ready) • Significant leverage to silver price – short term production potential (EIS submitted) – Extended reach deep diamond drilling progr

  21. Slide 21: Wealth Generation Potential – Mallee Bull Example

    WEALTH GENERATION POTENTIAL – MALLEE BULL EXAMPLE For personal use only 219,631,852i 21 September 2015 $0.024 $5,271,164 $0.050 $A0.220 $0.220 $A29,416,913 $29,416,913 Share price and market i As at market close Monday 21 September 2015 cap rerate resulting from ‘spectacular’ lead/zinc drill results

  22. Slide 22: Contact Details

    CONTACT DETAILS § WEBSITE www.argentminerals.com.au For personal use only § MANAGING DIRECTOR – David Busch – Mobile 0415 613 800 – Email david.busch@argentminerals.com.au Drill testing Kempfield for Australia’s next high grade lead/zinc discovery 22

  23. Slide 23: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY For personal use only Table 1.0 is a summary of the Kempfield mineral resource announced on 6 May, 2014. Table 2.0 shows the Resource tonnes and grades by Measured, Indicated and Inferred categ

  24. Slide 24: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY Table 2.0 – Resource by Category For personal use only In-situ Grade Grade (g/t) Grade (%) (Contained Ag Eq g/t) Resource Tonnes Silver Gold Lead Zinc Silver Equivalent Category (Ag) (Au) (Pb) (Zn) (Ag Eq) (Mt) Oxide/Transitional Measured 2

  25. Slide 25: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY Table 3.0 – Kempfield Resource tonnes and contained metal in Measured and Indicated categories For personal use only Contained Metal Resource Moz 000 oz 000 t 000 t In-situ Moz Tonnes Silver Gold Lead Zinc Silver Equivalent (Mt) (Ag) (Au) (

  26. Slide 26: Competent Person Statements

    COMPETENT PERSON STATEMENTS COMPETENT PERSON STATEMENTS For personal use only Previously Released Information This Presentation contains information extracted from the following reports which are available for viewing on the Company’s website http://www.argentminerals.com.au : • 10 March 2014 Assays

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