Proactive Investors reported that Argent Minerals has drilled 531.9 meters to complete hole AGC001 at its West Wyalong tenement in Central Western NSW.

The copper gold prospect is located approximately 470 kilometers west of Sydney. EL 5915 contains part of the historic West Wyalong goldfield. The hole comprised a planned 300 meters diamond tail on an existing 200 meters vertical RC hole drilled in April 2009. It was extended to 531.9 meters as it intersected multiple small shear zones from 509 meters.

The core has been transferred to the company Kempfield premises where seven selected intervals totaling 72 meters will be cut and sent for priority assaying and petrography analysis. The rest of the core will be cut and sent for assaying with results expected to be released in December.

Last month, Argent announced that it would go head with a placement of securities to raise additional funds to assist the company to pursue its resource opportunities at Kempfield, West Wyalong and Sunny Corner.

(Sourced from Proactiveinvestors.com)