Monday 5th December 2016

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Argentex reports Argentina assays of 965 g/t Silver, 3.23 g/t Gold over 4m

Argentex Mining Corporation TSXV:ATX announced results from the Marta Noroeste vein of its Pinguino Project in Santa Cruz Province, Argentina. Assays include 1.97 g/t gold and 473 g/t silver over 9 metres (including 3.23 g/t gold and 965 g/t silver over 4 metres), 41.7 g/t silver over 32 metres (including 659 g/t silver over 1 metre), 39.3 g/t silver over 19 metres (including 692 g/t silver over 1 metre), and 105.9 g/t silver over 8 metres.

President Ken Hicks commented, “These intersections on Marta Noroeste continue to highlight the presence of a significant mineralized silver and gold system, and represent another successful milestone in showcasing the potential of the exploration camp. Our experienced technical team, led by technical advisor Diego Guido, PhD, continues to identify a precious metals vein swarm consisting of 51-plus veins over an approximate strike length of 75-plus line-kilometres to date, making this one of the largest discoveries to date on the Tranquilo Trend, second only to the world-class Cerro Vanguardia mine located to the south east. With the recent announcement of a positive preliminary economic assessment, based on only a small portion of the Pinguino project, we believe that we are making significant progress in advancing the deposit to development stage.”

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Contact:
Argentex Mining Corporation
604.568.2496

by Ted Niles

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