Argent Minerals Limited · ASX:ARD
Argent Minerals — Shareholder Meeting (November 2017)
18 slides from Argent Minerals's shareholder meeting presentation, Nov 10, 2017
Slide 1: Argent Minerals Limited AGM Presentation
ARGENT MINERALS LIMITED ASX:ARD AGM PRESENTATION For personal use only 10 NOVEMBER 2017
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 For personal use only as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement
Slide 3: Argent at a Glance
ARGENT AT A GLANCE Capital Structure Board & Management For personal use only ASX Codes ARD, ARDO Stephen Gemell Chairman (Non-exec) B.Eng (Hons), FAusIMM (CP), MAIME Share price1 $0.037 David Busch Chief Executive Officer Option price1 $0.009 B.Eng, BSc, MAusIMM, MSEG Shares on issue 421.4 M Peter
Slide 4: Why Invest in Argent?
WHY INVEST IN ARGENT? § THREE HIGH QUALITY PROJECTS IN FERTILE GEOLOGICAL TERRANE, EACH AT DIFFERENT STAGES For personal use only – Results newsflow from multiple drilling programmes and metallurgical testwork. § ALL THREE PROJECTS AWARDED COMPETITIVE NSW GOVERNMENT FUNDING – $550,000 to date in mer
Slide 5: Kempfield Polymetallic Project – Argent 100%
KEMPFIELD POLYMETALLIC PROJECT – ARGENT 100% For personal use only LACHLAN OROGEN CADIA SYDNEY KEMPFIELD 5
Slide 6: Kempfield Economic Feasibility
KEMPFIELD ECONOMIC FEASIBILITY ARGENT IS AGGRESSIVELY PURSUING KEMPFIELD ECONOMIC FEASIBILITY THROUGH For personal use only PROGRAMMES DIRECTED AT THE FOLLOWING GOALS: 1. INCREASED KEMPFIELD RESOURCE – Infill drilling of substantial JORC-compliant Exploration Target. 2. OPTIMISED PROCESS PLANT FEED
Slide 7: Goal #1: Substantially Increased Mineral Resource
GOAL #1: SUBSTANTIALLY INCREASED MINERAL RESOURCE Mineral Resource For personal use only Silver Gold Zinc Lead In-situ Contained (Ag) (Au) (Zn) (Pb) Ag Equivalent Resource Contained Contained Contained Contained Grade Contained Grade Grade Grade Grade Tonnes Metal Metal Metal Metal (Ag Eq Ag Eq (g/t
Slide 8: 3D Geological Model: Unprecedented Deposit Scale and Detail
3D GEOLOGICAL MODEL: UNPRECEDENTED DEPOSIT SCALE AND DETAIL + 4 KM FURTHER POTENTIAL ADDITIONAL STRIKE LENGTH IDENTIFIED For personal use only Strike length – increased 2.5 X to 3,000 metres Width – increased 1.8 X to 650 metres Lithostratigraphy codes Smk1 – Volcanic breccia Smk2 – Mafic tuff Smk3
Slide 9: Goal #2: Optimised Process Plant Feed Grades
GOAL #2: OPTIMISED PROCESS PLANT FEED GRADES For personal use only § 3D geological model to guide wireframing of identified mineralisation – Goal: increased resource grades. AND: § High-grading of process plant feed – to optimise net cashflow, – aided by increased resource (Goal #1). ] Predicted min
Slide 10: Goal #3: Optimised Metal Recoveries
GOAL #3: OPTIMISED METAL RECOVERIES EXCELLENT PRELIMINARY METALLURGICAL TEST RESULTS For personal use only § METAL RECOVERIES SIGNIFICANTLY EXCEED HISTORICAL ASSUMPTIONS Test AF3: Bulk float Test AF4: Separate concentrates Historical Recovery test results assumption AF3 Rougher 1 - 6 Zinc 55% 97.5%
Slide 11: West Wyalong Porphyry Copper-Gold Project – 77%
WEST WYALONG PORPHYRY COPPER-GOLD PROJECT – 77% For personal use only LACHLAN OROGEN CADIA COWAL SYDNEY WEST WYALONG 11
Slide 12: Maiden Drilling Confirms Mineralised Porphyry System
MAIDEN DRILLING CONFIRMS MINERALISED PORPHRY SYSTEM IN SOUGHT AFTER GOLD PRODUCING REGION MULTIPLE PORPHYRITIC INTRUSIVES INTERSECTED OVER 2.5 km STRIKE LENGTH For personal use only 526000E 527000E 528000E 529000E SIGNATURE FEATURES OF MINERALISED PORPHYRY 37 km North to Lake Cowal mine ( > 5 Moz go
Slide 13: Drilling Results Analogous to Big Cadia
DRILLING RESULTS ANALOGOUS TO BIG CADIA: FORERUNNER TO CADIA RIDGEWAY DISCOVERY For personal use only Skarn geochemistry and lithology at Big Cadia AWT001 TO AWT004 intersections ultimately led to the Cadia Ridgeway deposit Distal massive discovery. Main mineralised magnetite skarn porphyry Cu ± Au
Slide 14: Loch Lilly – Kars Belt Project – 51% Imminent
LOCH LILLY – KARS BELT PROJECT – 51% IMMINENT For personal use only LACHLAN OROGEN LOCH LILLY SYDNEY Broken Hill 14
Slide 15: Strategic Stake Acquired in Loch Lilly – Kars Belt
STRATEGIC STAKE ACQUIRED IN LOCH LILLY – KARS BELT: WESTERN TASMANIA MOUNT READ VOLCANICS POTENTIAL § COMPELLING TARGETS – Eaglehawk and Netley. For personal use only – Developed by AngloAmerican and Dr. Anthony Crawford. – AngloAmerican intended to drill but its head office cancelled all Australian
Slide 16: Contact Details
CONTACT DETAILS § WEBSITE www.argentminerals.com.au For personal use only § CHIEF EXECUTIVE OFFICER – David Busch – Mobile 0415 613 800 – Email david.busch@argentminerals.com.au 16
Slide 17: Appendix – Kempfield Mineral Resource
APPENDIX – KEMPFIELD MINERAL RESOURCE Kempfield resource The existing Kempfield mineral resource by category (prior to the planned update) is summarised in the following For personal use only table: Table 1 - Kempfield existing Mineral Resource summary Silver Gold Zinc Lead In-situ Contained 2 (Ag)
Slide 18: 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 : • 6 May 2014 Kempfield
Argent Minerals — Shareholder Meeting (November 2017) on 6ix