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Argentex hits longest interval of high-grade base-metal mineralization at Pinguino; intersects 12.49 meters of 119.7 g/t silver and 13.44% lead-zinc
VANCOUVER, Sept. 25 /CNW/ - Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) is pleased to a...
About this update from Atex Resources Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Sept. 25 /CNW/ - Argentex Mining Corporation (TSX-V: ATX,\nOTCBB: AGXM) is pleased to announce results for 12 holes from the recently\ncompleted drill program at its polymetallic Pinguino property in Santa Cruz,\nArgentina. Results include unprecedented intervals of high-grade gold as well\nas the longest high-grade base-metal intersection recorded to date at\nPinguino.\n\n\n\nHighlights of analytical results include the following:\n\n- 12.49 meters (41 feet) of 119.7 grams per tonne (g/t) silver, 13.44%\n combined lead-zinc and 31 g/t indium in hole P200-08. This hole\n contains a 71-meter (233-foot) mineralized interval from 38.63 to\n 109.98 meters (126.7 to 360.8 feet) downhole. Overlimit analyses of\n zinc, lead and silver remain to be received for the interval of 38.63\n to 52.90 meters (126.7 to 173.6 feet). Even without these over-limit\n assay results, hole P200-08 contains the longest interval of\n high-grade base-metal mineralization ever drilled on the Pinguino\n property.\n- 9.98 meters (32.7 feet) of 90.8 g/t silver, 8.96% lead-zinc and\n 54 g/t indium in hole P173-08.\n- 1.50 meters (4.92 feet) of 554.8 g/t silver and 4.48% lead-zinc from\n hole P183-08.\n- 0.42 meters (1.38 feet) of 251.26 g/t gold (8.08 troy ounces per\n short ton), silver (greater than)100 g/t in hole P196-08. A metallic\n screen re-assay is being conducted on this interval to determine\n metallic gold content.\n\n\n"We are excited by these latest results from our 2007-2008 program\nbecause they advance Pinguino along multiple commodity pathways," said Ken\nHicks, President of Argentex. "The new intersection in hole P200-08 at Yvonne\nSur has returned the longest interval of high-grade base-metal mineralization\never found on the property. Our intersection of extremely high-grade gold\nvalues at Marta Noroeste, albeit over narrow widths, is the highest grade of\ngold mineralization ever returned from Pinguino and expands the potential for\ndevelopment of a significant gold resource. Results at Marta Norte show a\ncontinuation of high-grade silver values, demonstrating silver results\ncharacteristic of that zone. We are also encouraged by the discovery of\nmultiple mineralized intervals within individual holes such as P200-08 and\nP210-08, which demonstrate the strength and extent of mineralization that\ncontinu...