Argentum Retains Caliber as Investor Relations Advisor

March 4, 2011: Vancouver, B.C.: Argentum Silver Corp. ("Argentum" or the "Company") announces that it has retained the services of Caliber Communication Corp. ("Caliber") to direct its investor relations and shareholder communications activities. Ian Tootill, Caliber's founder and principal, has been appointed Arco's Director, Investor Relations. Mr. Tootill currently holds 140,000 common shares of Argentum, either directly or indirectly.

Caliber, based in Vancouver, B.C., is engaged in the business of providing communications and marketing consulting services to listed companies. The agreement will have an initial term of six months and be renewable after that time, and provides that Caliber will receive monthly consulting fees of $2,000 per month. The consulting agreement is subject to the approval of the TSX Venture Exchange.

About Argentum Silver

Argentum holds the right to acquire a 100% interest in the Lachiguiri, Silacayoapan and Nino Perdido properties, all located in Oaxaca, Mexico, under an option agreement with Arco Resources Corp. For further information, please go to www.argentumsilvercorp.com.

On behalf of the Board of Directors of Argentum Silver Corp.

"Warren McIntyre"
Warren McIntyre
President and Chief Executive Officer
Argentum Silver Corp.