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Argentex drills bonanza silver intersection at Pinguino: 6.0 meters of 2,428 g/t silver on Tranquilo Trend
Argentex drills bonanza silver intersection at Pinguino: 6.0 meters of 2,428 g/t silver on Tranqu...
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[{"type":"text","content":"\n\n\n\n Sep. 13, 2010 (Canada NewsWire Group) -- \n\nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nVANCOUVER, Sept. 13 /CNW/ - Argentex Mining Corporation's (TSX-V: ATX, OTCBB: AGXM) is pleased to release the most recent drill results from the Tranquilo vein on its wholly owned Pinguino property in Santa Cruz province, Argentina. This recent drilling, which focused on new silver-gold targets, successfully intersected the highest-grade silver mineralization ever discovered on the property.\nHole P349-10, which was drilled into the 11-kilometer long Tranquilo Trend crosscutting the Pinguino property, returned a thick intersection of high-grade silver mineralization containing 6.0 meters of 2,428 g/t silver, 0.22 g/t gold, 0.32% copper and 0.74% lead. This new mineralization was discovered at shallow depths of less than 15 meters within the oxidized zone. Holes P349-10, P348-10, P358-10 and previously published hole P323-10 together confirm a new mineralized trend containing bonanza-grade silver. This trend is in excess of 275 meters in length and remains open ended along strike and at depth.\n"These are truly spectacular silver results from Tranquilo. This prominent regional Tranquilo fault remained the largest untested structure at Pinguino until commencement of our 2010 drill program," said Ken Hicks, President of Argentex. "The discovery of this type of bonanza-grade silver mineralization within such a massive structure has added a new dimension to Pinguino's potential. Tranquilo has emerged as the most significant silver discovery at Pinguino to date and we intend to focus our exploration efforts there on further expansion and definition."\n\nResults\n\nThe following table displays selected analytical results from the Tranquilo and Luna veins, both located within the northwest Tranquilo Trend. All of the holes in the table intersected oxidized gold and silver mineralization. A map of drill hole collars is available on our web site.\n\n\n >\n\n\nA total o...