Argentum Silver Corp. (TSXV:ASL) announced that the second phase of drilling has commenced at its Coyote Silver Property Jalisco, Mexico.

As quoted in the press release:

Earlier in 2012, twelve holes were drilled on the El Tajo vein, returning highlights of 2.0 metres of 2,745 g/t Ag and 2.4 meters of 900 g/t Ag, including 1.2 metres of 1,645 g/t Ag.

Warren McIntyre, President and CEO of Argentum commented:

The first eleven drill holes of this new program will further test the El Tajo vein and are the next stage in working towards building a future resource at Coyote. The Company is focused on developing shareholder value in its portfolio of properties, with Coyote being our primary focus for the remainder of 2012.