The 3,003-metre drill program, which was undertaken from September 12, 2013 to October 26, 2013, was comprised of 58 holes of reverse circulation drilling targeting oxide material in previously discovered high priority veins, which is not included in the current resource model. Additionally, approximately 7,700 metres of trenching is being finalised to test continuity to surface of mineralisation.
"The program was completed on schedule and on budget. Upon receipt of the new drill results, our plan is to update the mineral resource estimate at Pingüino with a goal of increasing the inventory of near surface oxide material," commented Michael Brown, President and CEO of Argentex. "We continue to review internal engineering studies to determine the next stage of development of the project."
