Argent Minerals Limited (ASX: ARD) ('Argent' or 'the Company') is pleased to report high-grade gold assay results from its July 2025 rock chip sampling program at the 100%-owned Trunkey Creek Gold Project in New South Wales.

The latest results further validate the presence of surface gold mineralisation extending south of the areas targeted during the Company's 2024 ground exploration campaigns.

Argent Managing Director Mr Pedro Kastellorizos commented: 'We are extremely pleased to have further confirmation of the extensive gold system at Trunkey Creek. Importantly, Argent is the first exploration company in over 30 years to be granted land access by landowners south of the township. The presence of extensive historical gold workings in the southern area mirrors those to the north, further validating the scale and continuity of this large, shallow mineralised gold system. Notably, mullock dump sampling around historical mine sites has returned grades exceeding 216 g/t gold, highlighting the exceptionally high tenor of mineralisation even within waste material left behind by early miners.'

2025 Rock Chip Sampling Programme

During May and June 2025, a total of 333 rock-chip samples were collected across the southern area of the Trunkey Creek township. The program was designed to follow up and extend gold mineralisation identified during the 2024 surface geochemical sampling campaign to the north of Trunkey Creek. Assay results have returned grades of up to 216 g/t Au from samples containing iron-rich quartz veining closely associated with historical gold workings, confirming the high tenor of gold mineralisation in the area. The recent sampling has defined a new gold corridor extending approximately 1.8km south of the previously known workings. Based on all exploration completed by Argent to date, the total strike length of the mineralised trend at Trunkey Creek now stands at 4.7km.

Gold mineralisation occurs with pyrite in the quartz and patchy trace arsenopyrite and galena. The historical working is generally shallow, extending less than 30m deep and typically not worked below the water table. The stamper battery was seen suggesting free-milling gold, but its use may have been limited to the oxidised zone only. The worked veins appear to be limonitic stained and fractured vein quartz. In many cases solution cavities and box work textures indicate that the mineralised veins were quartz-carbonate-sulphide veins. Almost all hard rock workings strike just east of north and are hosted in bedding parallel structures. Workings are often continuous along strike for up to 500m.

IP Re-Interpretation Work

As part of the evaluation of Trunkey Creek, Core Geophysics Pty Ltd was engaged to complete a reinterpretation of the Gradient Array IP survey originally conducted by Golden Cross Operation Pty Ltd in 1996. The survey was centred over the historic Trunkey Creek mining field over a 4km by 1.3km area. Resistivity readings were carried out on 100m spaced lines and 20m stations, with chargeability collected on 200m spaced lines and 20m stations (ASX Announcement 31 May 2022: New Gold Drill Targets Identified at Trunkey Creek). One of the strongest chargeability responses is semi-coincident with the resistivity anomaly which lies immediately north and east of the township. Further strong chargeability responses are evident at the southern boundary and in the north-west of the survey area also. Several discrete linear resistivity trends are evident which provide some correlation to the historical mining operations. The resistive trends may represent silica rich veins prospective for gold mineralisation at Trunkey Creek. The gold mineralisation is reportedly associated with sulphides in the quartz veins which should return chargeable responses where present. Coincident resistive and chargeable anomalies and trends represent priority targets for follow up investigations. A total of 6 high priority IP targets has a good correlation to historical workings and have been delineated for drill testing.

Contact:

Pedro Kastellorizos

Managing Director/Chief Executive Officer

Argent Minerals Limited

Email: info@argentminerals.com.au

Competent Persons Statement

The information in this report / ASX release that relates to Mineral Resources Estimation is based on information compiled and reviewed by Mr. Alfred Gillman, Director of independent consulting firm, Odessa Resource Pty Ltd. Mr. Gillman, a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy (the AusIMM) and has sufficient experience relevant to the styles of mineralisation under consideration and to the activity being reported to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Exploration Targets and Mineral Resources. Mr Gillman is a full-time employee of Odessa Resource Pty Ltd, who specialises in mineral resource estimation, evaluation, and exploration. Neither Mr Gillam nor Odessa Resource Pty Ltd holds any interest in Argent Minerals Ltd, its related parties, or in any of the mineral properties that are the subject of this announcement. Mr Gillman consents to the inclusion in this report / ASX release of the matters based on information in the form and context in which it appears. Additionally, Mr Gillman confirms that the entity is not aware of any new information or data that materially affects the information contained in the ASX releases referred to in this report. Mr Gillman has completed all the Mineral Resource Estimations for Kempfield, Mt Dudley and Pine Ridge. The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Pedro Kastellorizos. Mr. Kastellorizos is the Managing Director/CEO of Argent Minerals Limited and is a Member of the AusIMM of whom have sufficient experience relevant to the styles of mineralisation under consideration and to the activity being reported to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Kastellorizos has verified the data disclosed in this release and consent to the inclusion in this release of the matters based on the information in the form and context in which it appears.

Forward Statement

This news release contains 'forward-looking information' within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget' 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or indicates that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be' taken, 'occur' or 'be achieved.' Forward-looking information is based on certain factors and assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, commodity prices, the estimation of initial and sustaining capital requirements, the estimation of labour costs, the estimation of mineral reserves and resources, assumptions with respect to currency fluctuations, the timing and amount of future exploration and development expenditures, receipt of required regulatory approvals, the availability of necessary financing for the project, permitting and such other assumptions and factors as set out herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in commodity prices; sources and cost of power and water for the Project; the estimation of initial capital requirements; the lack of historical operations; the estimation of labour costs; general global markets and economic conditions; risks associated with exploration of mineral deposits; the estimation of initial targeted mineral resource tonnage and grade for the project; risks associated with uninsurable risks arising during the course of exploration; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support exploration activities; risks associated with changes in the mining regulatory regime governing the Company and the Project; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalisation and liquidity risks including the risk that the financing necessary to fund continued exploration and development activities at the project may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors that cause results not to be as anticipated, estimated or intended, there can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward looking information is made as of the date of this announcement and the Company does not undertake to update or revise any forward-looking information this is included herein, except in accordance with applicable securities laws

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