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Argentex drills 4.03 meters of 297.4 g/t silver at Pinguino; another new gold vein discovered
Argentex drills 4.03 meters of 297.4 g/t silver at Pinguino; another new gold vein discovered
About this update from Atex Resources Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Apr. 23, 2010 (Canada NewsWire Group) -- /CNW/ -- Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) is pleased to provide an update on ongoing exploration activities at its Pinguino property in the silver-gold district of Santa Cruz, Patagonia, Argentina.New drilling on the silver-rich Marta Norte vein continues to expand the strike length and define near-surface mineralization. Results include hole P281-10, which returned 4.03 meters of 297.4 grams per tonne (g/t) silver.\"Our high-grade silver Marta Norte vein continues to deliver excellent drill results beginning at shallow depths,\" said Ken Hicks, President of Argentex. \"At the same time, we continue to discover new gold veins in the vicinity using proven exploration techniques. This reinforces management's belief that there is considerable geological potential in this expanding gold-silver vein swarm at Pinguino. As part of our ongoing preliminary economic assessment (scoping study), our current resource estimate is being evaluated as to how much would be accessible from the surface. Additional new results like these from shallow mineralization at Marta Norte would likely enhance that evaluation.\"ResultsThe following table displays select analytical results for six additional holes from the company's 2009-2010 drill program. All of the holes are located at Marta Norte, a high-grade silver vein of the Pinguino property.-------------------------------------------------------------------------Drill Hole From To Length Gold Silver(m) (m) (m)* (g/t) (g/t)-------------------------------------------------------------------------Area: Marta Norte-------------------------------------------------------------------------P275-10 0.45 25.20 24.75 0.06 114.7-------------------------------------------------------------------------including-------------------------------------------------------------------------P275-10 11.25 17.10 6.15 0.13 253.6-------------------------------------------------------------------------including-------------------------------------------------------------------------P275-10 11.25 12.75 1.50 0.14 564.3-------------------------------------------------------------------------and including-------------------------------------------------------------------------P275-10 23.20 24.20 1.00 0.21 439.0------------------------------------------...