Argentum Silver Corp. (TSX VENTURE:ASL) ("Argentum" or the "Company") is pleased
to announce assay results from eight additional diamond drill holes recently
completed on the El Tajo and Bocancha veins at its Coyote property, located in
Jalisco state, Mexico. 


Highlights include 5.2 metres of 438 g/t silver (Ag) from hole 2012-23, with a
higher grade core of 2.0 metres grading at 899 g/t Ag. Hole 2012-22 also
intersected a second, shallower vein grading 424 g/t Ag over 1.0 metres.
Highlights of the El Tajo and Bocancha drill holes numbered are as follows: 




----------------------------------------------------------------------------
                                       DRILL                                
                      FROM       TO    WIDTH  SILVER    GOLD    LEAD    ZINC
HOLE ID(i) VEIN        (m)      (m)  (m)(ii)   (g/t)   (g/t)     (%)     (%)
----------------------------------------------------------------------------
2012-10    EL TAJO   106.0    107.0      1.0     142    0.33    0.21    0.61
----------------------------------------------------------------------------
2012-22    EL TAJO    22.8     23.8      1.0     424    0.21    0.38    0.08
----------------------------------------------------------------------------
2012-22    EL TAJO    87.0     89.8      2.8     266    0.60    0.33    1.29
----------------------------------------------------------------------------
2012-23    EL TAJO    72.0     72.6      0.6     303    0.66    0.12    0.11
----------------------------------------------------------------------------
2012-23    EL TAJO    84.5     89.7      5.2     438    0.18    0.35    0.33
----------------------------------------------------------------------------
including  EL TAJO    86.8     88.8      2.0     899    0.17    0.44    0.48
----------------------------------------------------------------------------
----------------------------------------------------------------------------
2012-20    BOCANCHA   51.9     53.0      1.1     269    0.06    0.35    0.40
----------------------------------------------------------------------------
2012-20    BOCANCHA   67.5     70.5      3.0      51    0.05    0.19    0.24
----------------------------------------------------------------------------
                                                                            
(i) Drill holes 2012-15, 2012-16, 2012-21, 2012-24 did not intercept        
 significant assay values.                                                  
                                                                            
(ii) True widths are estimated to be roughly 70% of drill intercept length. 



The positive results from the deep intercepts from holes 2012-10, 22 and 23
indicate the El Tajo vein has excellent potential for bonanza grades at
significant depths. Highlights from the previously completed drill holes 2012-1
through 7 on the El Tajovein included an intercept of 2,745 g/t Ag over 2.0
metres on hole 2012-3 and 1.20 metres of 1,645 g/t Ag on hole 2012-7. To date, a
total of 11 holes have been drilled on the El Tajo vein which test the strike
length of the vein for more than 500 metres. Complete highlights from the
previous seven drill holes are available in our news releases dated February 29,
2012 and March 6, 2012. 


The 1,053 hectare Coyote property contains dozens of individual low sulfidation
epithermal silver-gold veins and stockworkings. Most of the mineralization
occurs within six defined zones within an area of approximately 1.5 x 2.6
kilometres. Vein widths typically range from 1 to over 5 metres. Local areas of
stockworking can exceed 35 metres wide. Over 100 historic workings and prospects
explored and partially developed the district through the early 1900s. Historic
production concentrated on "bonanza" silver grades with operational depth
limitations to the high water table.  


Assaying from this program was completed by ALS Chemex through their office in
Guadalajara, Mexico. Analytical procedures include a 33-element ICP-AES analysis
(ME-ICP61m) and a 50 g FA AA finish for gold (AA-24). Silver assays exceeding
100 g/t are re-assayed by HCL leach with an ICP-AES or AAS finish (OG62). Jim
Robinson, C.P.G., the Company's Senior Geological Consultant and Advisor, and a
Qualified Person under National Instrument 43-101, has designed and supervised
the program, and reviewed and approved the contents of this press release. 


About Argentum Silver 

Argentum has an option to earn a 100% interest from Soltoro Ltd. in the Coyote
silver-gold project and the Victoria property, each located in Jalisco, Mexico.
Argentum also owns a 100% interest in the Lachiguiri and Silacayoapan
properties, all located in Oaxaca, Mexico, formally 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, President and Chief Executive Officer 

This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Argentum relies upon litigation protection for forward-looking
statements.
Argentum Silver (TSXV:ASL)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Argentum Silver Charts.
Argentum Silver (TSXV:ASL)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Argentum Silver Charts.