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Argentex Mining Corp. (TSXV:ATX) announced that yesterday it started resource development drilling at its Argentina-based Pingüino silver-gold project.
Argentex Mining Corp. (TSXV:ATX) announced that yesterday it started resource development drilling at its Argentina-based Pingüino silver-gold project.
As quoted in the press release:
The Company has engaged Major Perforaciones S.A., a division of Major Drilling Group International, to complete a 3,000 metre reverse circulation resource development program. The Company is focused on adding higher grade oxide material to the silver-gold mineral resource estimate, disclosed in its news release dated January 31, 2013. Additionally, up to 5,000 metres of trenching is underway to test vein extensions to surface.
Michael Brown, president and CEO of Argentex, commented:
We are pleased commence this next phase of exploration at the Pingüino project. We have several higher grade targets to follow up from previous work and our goal is to delineate additional medium to high grade oxide material in known veins that is potentially is open pittable as we advance the project towards the next stage of development. Major Perforaciones, S.A, who have worked at the project, will undertake this next stage that will provide continuity to the program.
Click here to read the full Argentex Mining Corp. (TSXV:ATX) press release.
