Argent Minerals: Secures significant project in WA’s Gascoyne region

Argent Minerals Secures significant project in WA’s Gascoyne region

• Argent Minerals (ARD) is acquiring a prospective project in WA’s underexplored Gascoyne region through a binding agreement with Copperhead Resources
• Argent will acquire 100 per cent of the Copperhead project, which covers 1038 square kilometres and lies close to the Yangibana REE and Mangaroon nickel-copper-PGE projects
• The company has already identified 26 targets with the potential for copper, rare earths, lithium, nickel and platinum group elements and will follow them up with exploration work
• Alongside this buy, Argent is raising up to $3 million through a placement to support exploration at Copperhead and its existing projects and to cover acquisition expenses
• ARD shares ended the day 11.8 per cent in the green to close at 1.9 cents