Argent Minerals Limited · ASX:ARD
Argent Minerals — RIU Sydney Resources Round-up 2015
22 slides from Argent Minerals's conference presentation, May 13, 2015
Slide 1: RIU Sydney Resources Round-up May 2015
ARGENT MINERALS LIMITED ASX:ARD RIU SYDNEY RESOURCES MINERALS LIMITED ROUND-UP MAY 2015 For personal use only
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
Slide 3: Argent at a Glance
ARGENT AT A GLANCE Capital Structure Board & Management For personal use only Ordinary shares (ASX:ARD) 177.6M Stephen Gemell Chairman (Non-exec) B.Eng (Hons), FAusIMM (CP) Share price1 $0.024 David Busch Managing Director Market capitalisation1 $4.26M B.Eng, BSc, MAusIMM Cash2 $381,000 Marcus Micha
Slide 4: Why Invest in Argent Minerals
WHY INVEST IN ARGENT MINERALS § BOARD AND MANAGEMENT EXPERIENCE For personal use only – Depth of experience: mining, financial & commodities markets, corporate governance – Exploration track record in Volcanogenic Massive Sulphide (VMS) discovery • Dr. Vladimir David (eg. Hera), aided by Professor
Slide 5: 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 Capital Efficiency Exploration – significant upside potential • Kempfield additional tonnes high
Slide 6: 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
Slide 7: Kempfield Polymetallic Project
For personal use only KEMPFIELD POLYMETALLIC PROJECT LACHLAN OROGEN CADIA SYDNEY KEMPFIELD 7
Slide 8: Strategically Positioned in World-Class Neighbourhood
STRATEGICALLY POSITIONED IN WORLD-CLASS NEIGHBOURHOOD § HIGHLY PRODUCTIVE GEOLOGICAL TERRANE For personal use only § COMPELLING PEER GROUP: RICH VMS DEPOSITS AT BASIN MARGINS New South Wales LACHLAN OROGEN Eastern Australian COBAR BASIN Palaeozoic VMS deposits* HERA Broken Hill Wyoming Peak Hill H
Slide 9: 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
Slide 10: Deposit Model Validated by Diamond Drilling
DEPOSIT MODEL VALIDATED BY DIAMOND DRILLING Original VMS mound For personal use only formation Basin sediments VMS DEPOSIT ZONATION margin volcanoclastics 1 Silver/barite 2 Increasing lead/zinc 3 4 High grade lead/zinc +/- copper/gold Ordovician Deposition basement VMS Temperature feeder rhyolite SI
Slide 11: High Grade Potential to the West and at Depth
HIGH GRADE POTENTIAL 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 a d / zinc st g le the We LENS 1 (6.8 Mt) f
Slide 12: 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 2 1 West East X High grade Pb/Zn target zone X Lens 3 Lens 2 Lens 1 Au +/- Cu Pb/Zn/A
Slide 13: Extended Reach Deep Diamond Drill Program to Start
EXTENDED REACH DEEP DIAMOND DRILL PROGRAM TO START 707,000 mE 707,500 mE 708,000 mE 708,500 mE 709,000 mE For personal use only 7 additional deep holes for 3,200 metres to test LEGEND N for depth extensions and additional lenses MMC conductive 1 zones & follow up QUARRIES ZONE priorities 50 MMC Resp
Slide 14: 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 4 600 m 750mRL 750mRL 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
Slide 15: West Wyalong Project
For personal use only WEST WYALONG PROJECT Drill testing the high-grade VMS potential of the Kempfield polymetallic deposit 15
Slide 16: 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 § Porphyry copper-gold signature indicated: coincident magnetic low and IP chargeability high anomalies in Ordo
Slide 17: 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) – Extended reach deep diamond drilling program – 7 holes for 3,200 metres • Targeting high grade base and precious metals • Drilling
Slide 18: Contact Details
CONTACT DETAILS § WEBSITE www.argentminerals.com.au For personal use only § MANAGING DIRECTOR – David Busch – Mobile 0419 613 800 – Email david.busch@argentminerals.com.au Drill testing the high-grade VMS potential of the Kempfield polymetallic deposit 18
Slide 19: 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
Slide 20: 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
Slide 21: 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) (
Slide 22: 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