The Project PINGÜINO is in FEASIBILITY stage. Mining Property in ARGENTINA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Pingüino Project

Pingüino

Country

Argentina

Close to

Cerro vanguardia

Status

FEASIBILITY

Latitude / Longitude

48 S 12 / 68 W 39

Legends


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Produces

Develops

Gold - Indium - Lead - Silver - Zinc -

Explores for

Last updated on 6/17/2010 - Terms of Use

Risk and valuation analysis of the Pingüino Project

Status Risk : Feasibility

Country Risk : Moderate

Title(s) of the Pingüino Project

Argentex Mining Corp.
Interest: 100%


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It holds an undivided 100% interest in the mineral rights to the Pinguino property. The company also owns 100% mineral rights to more than 30 properties with over 377,490 acres (152,766 hectares) of prospective land located in the Santa Cruz and Rio Negro provinces of Argentina.

Location of the Pingüino Project
Pinguino property is located in Argentina's Patagonia region, within the Deseado Massif of Santa Cruz province.

History of the Pingüino Project
The silver-indium-zinc-lead-gold discovery at Pinguino in 2006 marked a major exploration milestone for the company. This was the first discovery of its kind in the region, unique in that it contains both silver-gold and indium-enriched base-metal m more...

Geology of the Pingüino Project
The Deseado Massif is characterized by a middle to upper Jurassic bimodal extensive volcanic event. Most of the epithermal mineralization is hosted and genetically related to this event. Pinguino veins are hosted in older rocks, within a series of Tr more...

Exploration and drilling

3/13/2011	Argentex Mining Corporation >> Argentex: Second drill rig co...
1/24/2011	commences 17,000-meter drill program at Pinguino, Santa Cruz...
12/15/2010	Silver dominates 2010-2011 exploration program at Pinguino, ...
5/5/2010	Silver footprint grows at Pinguino; Trenches 1.72 meters of ...
4/1/2010	Trenches 2.0 meters of 20.72 g/t gold
3/25/2010	Samples 59 g/t gold at Condor; drill tests multiple targets
1/20/2010	Advances drill program at Pinguino
10/12/2009	commences 2009-2010 silver-gold exploration program on Santa...
9/30/2009	Management summary of mineral resource estimate and hi
9/14/2009	receives first Mineral Resource Estimate for Pinguino; recom...
6/26/2008	makes final option payment on Pinguino to secure 100% owners...
1/22/2008	Exhibit Pinguino drill core at Mineral Exploration Roundup 2...
1/16/2008	deploys second drill at Pinguino to accelerate its largest-e...
12/3/2007	commences drilling at Pinguino to test rich zinc-lead-indium...
5/24/2007	expands Pinguino exploration program to include additional t...
12/4/2006	commences additional drilling at Pinguino property, Argentin...
11/2/2006	Continues Fieldwork, Commences IP Geophysics at Pinguino, Ar...
10/2/2006	commences fieldwork at Pinguino property, Argentina
7/7/2006	Completes Initial 2006 Drill Program at Pinguino Silver-gold...
6/5/2006	completes first five drill holes of 2006 program at Pinguino...
5/23/2006	doubles land holdings at flagship Pinguino Silver-Gold Proje...
5/10/2006	commences 2006 drill program at Pinguino silver-gold propert...

Discoveries and Drilling Results

5/25/2011	Argentex Drills 5.76 Meters Grading 675.7 g/t A
4/12/2011	Argentex drills 12.0 meters grading 512.5 g/t A
4/12/2011	Drills 12.0 Meters Grading 512.5 g/t Ag and 1.12 g/t Au at P...
3/28/2011	Argentex Intersects 4.0 Meters Grading 965 g/t Ag and
7/22/2010	Drills 9.9 meters of 2.57 g/t gold near surface
6/16/2010	Discovers new silver-gold zone
4/26/2010	Drills 4.03 meters of 297.4 g/t silver
2/25/2010	Drill results reveal silver-rich grades at Pinguino
5/6/2009	fieldwork discovers 12 new mineralized veins at Pinguino, Sa...
4/7/2009	high-grade silver-gold drill results advance
3/2/2009	intersects high-grade silver-zinc-lead 400 me
2/20/2009	New Argentex silver-indium-zinc-lead drill results
2/4/2009	intersects 12.7 meters of 141 g/t silver, 9.39% combined lea...
12/17/2008	Latest Argentex drill results continue to expand Pinguino's ...
9/29/2008	hits longest interval of high-grade base-meta
7/8/2008	makes Pinguino drill results available for viewing in 3D
5/20/2008	continues to expand mineralized system at Pinguino
4/23/2008	Intersects 19 meters of 384 g/t silver and 3.
4/8/2008	drills 69 meters of 3% lead-zinc and 30 g/t i
12/26/2006	intersects more high sulphide mineralization in ongoing dril...
11/27/2006	reports strong preliminary geophysical results from Pinguino...
11/16/2006	signs drill contract to further test high-grade zinc, silver...
9/21/2006	announces additional 2006 drill results, updates progress at...
7/13/2006	announces new zinc-lead-copper massive sulphide discovery at...
7/27/2005	strikes high grade gold-silver at Pinguino during Phase One ...

Location

Data last updated on : 9/14/2009

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.