Argentex Mining has announced the final drill results of the exploration campaign conducted during 2011 at the Pinguino project in Argentina.
Marta Sur Vein
The company drilled 19,704 m, totaling 206 holes. It has obtained all assay results from the drilling campaign.
The company has cut 470.3 g/t silver and 1.78 g/t gold over 6.00 m, 161.1 g/t silver and 1.22 g/t gold over 24.00 m, 98.2 g/t silver and 0.75 g/t gold over 40.00 m in the hole PR151-11, 30.0 g/t silver and 0.49 g/t gold over 26.00 m in the hole PR067-11, 38.0 g/t silver and 0.31 g/t gold over 6.00 m in PR070-11, 42.8 g/t silver and 0.20 g/t gold over 1.00 m in PR072-11, 27.6 g/t silver and 0.05 g/t gold over 6.00 m in PR075-11, 21.1 g/t silver over 17.00 m in PR077-11, 17.4 g/t silver and 0.08 g/t gold over 72.00 m, 31.0 g/t silver and 0.21 g/t gold over 9.00 m, 30.5 g/t silver and 0.11 g/t gold over 11.00 m in PR080-11, 51.6 g/t silver and 0.07 g/t gold over 4.85 m, 27.4 g/t silver and 0.04 g/t gold over 17.25 m in P364-11. The holes PR082-11, P365-11 did not return any considerable results.
Argentex’s President Ken Hicks has stated that the Marta Sur drilling results confirm a trend of anomalous value consistently in shoots dipping to the northern part. This information has shown high-grade mineralization trend towards the northern section. The results of drilling at Marta Este have revealed broad gold and silver mineralization intervals with high-grade material in the mineralized envelope’s core region.
He added that fresh high-grade intervals occurring at Marta Este signifies the good mineralization of precious metal obtained at Pinguino. Marta Este is one among the most productive area and has consistent gold-silver mineralized veins at the Pinguino, with mineralization open at the surface.