Argentex Announces Pinguino Project Drill Results: Intersects 1,959.3 g/t Ag

Argentex Mining Corporation (TSXV:ATX) reported the drill results from the 2012 Phase VIII exploration program at the Pinguino Project in Argentina, with results up to 4.1 meters grading 1,9359.3 g/t of silver.

As quoted in the press release:

The Phase VIII drill program commenced February 23, 2012 and was completed June 1, 2012. A total of 2,110 meters (20 holes) of diamond drilling (“DDH”) served as in-fill/definition holes on known vein systems while recovering sample material for metallurgical testing. The program consisted of a further 8,410 meters (93 holes) of reverse circulation (“RC”) drilling which targeted high priority veins. To date, the Company has received sample results from all 20 DDH holes, while the 93 RC holes remain to be processed in the lab.

Peter A. Ball, Executive Vice President Corporate Development of Argentex, commented:

Results published below represent some of the best drill intersections seen at Pinguino to date. Drilling continues to highlight the potential of the Pinguino project, and with less than one third of the vein system tested, the upside is promising. We have also initiated metallurgical testing to determine the potential recoveries of the oxide and sulphide mineralization.

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