Argent Minerals Limited · ASX:ARD
Argent Minerals — NSW Minerals and Exploration Conference 2011
25 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 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 McHugh Executive Chairman
Slide 2: Investor Update: NSW Minerals and Exploration Conference
INVESTOR UPDATE Presentation to NSW Minerals and Exploration Conference Sydney August 2011
Slide 3: 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 4: Argent Minerals
ARGENT MINERALS 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 interests in tenements at W
Slide 5: Corporate Information
Corporate Information 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 – Non Executive Directo
Slide 6: Kempfield Project Overview
KEMPFIELD PROJECT OVERVIEW 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 into 1.5 mtpa , 11 yea
Slide 7: Regional Geological Setting
REGIONAL GEOLOGICAL SETTING
Slide 8: Local Geology
LOCAL GEOLOGY 3 km long silver rich barite horizon with six 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 138 12,773 TOTAL 394 20,
Slide 9: Project Site
PROJECT SITE Quarries Zone McCarron Zone.
Slide 10: McCarron Zones, Quarries Zone, BJ Zone
McCarron Zones Quarries Zone BJ Zone
Slide 11: Resources
Resources • 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 12: Mineral Resources
Mineral Resources Silver Gold Lead Zinc 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 0.6 86 1.2 175 Cut of
Slide 13: Processing
PROCESSING 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+Pb/Zn+(Ba?) from Prima
Slide 14: Preliminary Site Layout
PRELIMINARY SITE LAYOUT
Slide 15: Project Economics
Project Economics 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 tonnes Payable Zinc Prod
Slide 16: DFS Underway
DFS Underway • Metallurgical testing • Infill drilling • Revised resource estimate • Mine plan • TSF and Water • Roads and Power • Environmental Impact Statement • Development Approval
Slide 17: Indicative Project Timetable
Indicative Project Timetable
Slide 18: Potential to extend known resources
Potential to extend known resources. • 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 19: BJ ore zone Section 3100N
BJ ore zone Section 3100N z z z 3 2 z 8 3 & 3 8 3 LEGEND a | = a - "4 4 on me fo of ot dont Blocks annotated by CLASS <° o Ks ey Ra & a a EQ2 Grades: ¥ & > CL] o-1.5 SPC 35 : | pir PREC CEPA 7 ([] 1.5 - 3.0 SE S|] 5} 5} SSH 21 1 hel ai) 214 2}) 2) 2)| 2) 2| 2j2]2]f1 + Hi (a ee CLC] 3.0 - 4.5 PENT RA
Slide 20: McCarron ore zone Section 2575N
McCarron ore zone Section 2575N
Slide 21: Kempfield: Exploration Potential
Kempfield : Exploration Potential Silver Lead Zinc
Slide 22: AKRC80
AKRC80 Silver (Ag) Iitersection 709, 000mE 709,200mE Figure 16. Simplified drilling cross-section of AKRC080 with chargeability background.
Slide 23: IP Target
IP Target • 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. -10m at 20.0g/t Ag fro
Slide 24: The Investment Case
The Investment Case AYN Remove CCU Remove +400,00% +300,00% +200.00% +100.00% 0.00% -100,00% Jun Sep Dec Mar Volume 3M 2” be tattle bats secce ee cmesite a wt nb cata atnatbathh laauaall
Slide 25: Slide 25
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