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Argentex Mining Near Day Lows Even As Identifies New High Priority Drill Targets for 2012

Argentex Mining Corporation (ATX.V) is now down by 7% at 33 cents, nearing the lower end of a $0.32 to $0.35 range, even after announcing that initial results from its ongoing geophysical and geochemical surveys identified well-defined geophysical and geochemical signatures that extend existing veins at its Pinguino project, located in Santa Cruz province, Argentina.

The company said the geochemical "footprint" of the largest new silver anomalies is more than twice that of the nearby silver-rich Marta Este vein, which has had more than 104 holes drilled to date.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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