Argentex Mining Corporation TSXV:ATX announced drill results from its Pinguino Project in Santa Cruz, Argentina. Highlights include 1.6 g/t gold and 114.2 g/t silver over 14 metres (including 2.68 g/t gold and 202.8 g/t silver over 5 metres), 1.08 g/t gold and 144.7 g/t silver over 13 metres (including 2.36 g/t gold and 309.4 g/t silver over 5 metres), 1.47 g/t gold and 149.5 g/t silver over 10 metres, 34.9 g/t silver over 20 metres, 277.4 g/t silver over 24 metres, and 1.12 g/t gold and 512.5 g/t silver over 12 metres.
President Ken Hicks remarked, “We continue to define significant near surface silver mineralization at Pinguino. With more than 51 veins mapped to date and many targets remaining to be tested, our 2011 exploration program is focused on expanding our silver resource. We are encouraged by the large intervals of silver mineralization and the higher than expected gold values from this recent drilling. We continue to plan additional drilling in our efforts to further expand these zones along strike and at depth.”
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Peter A. Ball
Executive VP Corporate Development
by Ted Niles