Argent Minerals (ASX: ARD) has obtained strong gold assay results from a rock chip sampling programme at its 100%-owned Trunkey Creek Gold Project in NSW, which provide further confirmation of surface gold mineralisation.
“We are extremely pleased to have received further high-grade geochemical results, highlighting significant gold mineralisation potential at Trunkey Creek,” Managing Director, Pedro Kastellorizos, said.
“These gold rock chip assays, returning grades up to 63.1g/t Au, in conjunction with locating historical mine workings, demonstrate the project’s exploration upside.
“The detailed ground IP interpretation has clearly defined extensive high resistivity zones (potential quartz veins) and chargeability zones (potential sulphides) which have excellent potential for hosting gold mineralisation. These zones have been defined as ‘stand up targets and will be systematically tested by drilling.”
The Trunkey Creek mineral field extends for approximately 5.5km in length and varies in width, generally around 250m but widening to 500m in areas. Hard rock workings predominantly strike north,and are hosted in bedding and/or cleavage parallel structures. The quartz veins host the gold mineralisation at Trunkey Creek.
The recent reconnaissance program concentrated on verifying the accuracy of the historical gold workings across a 2km strike zone along geological mapping of the main quartz reefs exposure over the whole strike length. The distribution of historical shafts along the reef indicates two main centres of mineralisation.
During the fieldwork programme, 160 rock chip samples were collected within various lithological units, quartz veins and mined out mullock dumps. Notable high-grade gold mineralisation in the central portion of Trunkey Creek includes 63.1g/t Au, 55.8 g/t Au, 35.7 g/t Au, 20.4 g/t Au and 16.35 g/t Au.
The mineralised structures/veins, hosted in slate, are steeply dipping to the west and exhibit arkosic and chloritic alteration. There are multiple veins/structures side by side even within one set or workings.
