TICKER: ATX:TSX.V; AGXMF:OTCBB
Argentex Mining Corporation is a Canadian exploration company focused on advancing its 100%-owned Pinguino high-grade silver and gold project in mining friendly Santa Cruz, Argentina. The company's 2012 plans for the Pinguino project are to update its NI 43-101 mineral resource estimate in Q2/12, complete metallurgical column testing by Q4/12, complete 12,000m+ of drilling in Q2/12 and announce drill and trench results during Q2/12–Q3/12. Argentex also controls additional precious metals and polymetallic exploration projects in the Patagonia region of southern Argentina.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Bob Moriarty, 321Gold
"Argentex Mining Corporation just released an updated NI 43-101 that more closely reflects what it would have in an open pit heap leach operation. . .in the Indicated category, silver increased in grade by 354% to 102 g/t Ag. . .at the higher grades included in the new NI 43-101, the company is now showing 34.7 Moz Ag eq. . .Argentex offers investors a low-price way of investing in a primary silver deposit."
Michael Niehuser, Beacon Rock Research
"Argentex Mining Corporation has upgraded its high-grade silver-gold resource in the Deseado Massif. . .on Jan, 31, 2013, the company completed an updated resource estimate focusing on precious metals [including] 5,564,000 tonnes in the Indicated category grading 102.8 g/t silver and 0.59 g/t gold (an Ag eq grade of 132.4 g/t) for a total of 18,385,000 oz silver and 106 Koz gold (or 23,685,000 oz Ag eq). . .additional drilling could advance Pinguino closer to a million-ounce Au eq deposit. . .there is significant remaining exploration potential. . .we are interested to see the economics of a precious metals-focused PEA."
The Gold Report Interview with Byron King
"I've kept an eye on Argentex Mining Corporation in Argentina. . .I've always liked one main key play, with Argentex: It controls a deposit that's rich in indium. Indium is an absolutely critical electronic metal. It is almost always associated with zinc deposits. The Argentex deposit at Pinguino is rich in sphalerite with a high concentration of indium. It may be among the highest concentrations in the world. From an electronic metals and technology metals standpoint, Argentex is a company to keep watching. . .as Argentex worked up the base metals, and the associated indium play, it drilled into serious silver and gold assays. How lucky can you get? So yes, I know what you mean about the gold and silver side of Argentex, but then again the world is filled with interesting gold and silver plays. Indium? It's quite uncommon. Indium distinguishes Argentex. Indium makes the Pinguino play that much more develop-able."
The Gold Report Interview with Bob Moriarty
"If you like silver, you have to like Argentex Mining Corporation. The company has some great silver projects. When I was there, it was developing ounces for $0.06/oz. The stock is cheap now, but not for long."
Annie Zhang, Octagon Capital Corporation
"Argentex Mining Corporation announced results from the final 32 holes (2,751m) of the 93‐hole, 8,410m reverse-circulation drill program [on its] flagship Pinguino project in Santa Cruz, Argentina. Drilling along the Savary vein, which has a known strike length of 3.7km, has hit three high‐grade zones. . .we value the company on a sum‐of‐the‐parts basis, including the oxide silver‐dominated deposit. . .we are maintaining our target price of $0.90 and Speculative Buy rating."
Argentex Mining Corporation Content
ATX's Latest Videos
ATX's Latest Corporate Presentations
ATX's Latest Fact Sheets
Back to Top