Fieldwork Discovers 12 New Mineralized Veins

 

VANCOUVER, BC - Argentex Mining Corporation reported the results of a detailed field-mapping program that was recently completed by the company's geologists at Pinguino. A total of 14 additional line kilometers (8.7 additional line miles) of veins were discovered in 12 new structures. Areas were selected for investigation based upon a combination of anomalous multi-element soil geochemistry, IP chargeability, and ground magnetics as well as extensions to existing structures, including the Yvonne zone. One meter resolution IKONOS imagery was used as a base for mapping and prospecting purposes.

Mapped veins on the property now cover a combined strike length of 74 kilometers (45 miles) and mineralization has been proven to depth by drilling in 15 of 47 zones. Results from this recent fieldwork include individual samples with values of up to 2.5 grams per tonne (g/t) gold, 10% lead and greater than 300 g/t silver, respectively.

"Based on the significant geological interpretation, mapping and sampling by our field crews we can now identify the subtle surface expression of the weathered sulphide veins at Pinguino, which were not identified by previous owners," said Ken Hicks, President of Argentex. "The preliminary results from our 2009 field program are extremely encouraging, and present several new targets from which to develop additional mineralization at depth and along strike. We are currently completing our very first National Instrument 43-101-compliant resource estimate, which will be the next significant stage in the company's development."

The company’s address is 1112 West Pender Street, Suite 602, Vancouver, BC V6E 2S1, (866) 594-7687.