Argentex Mining Corporation anunció resultados de perforación adicionales de su programa 2008 en Pingüino, en Santa Cruz. Los descubrimientos más recientes incluyen resultados analíticos y significativa expansión.

Nuevos intervalos incluyen 8.6 m (28.2 pies) en Marta Este que retornaron 164.7 gr/ton de plata, 6.23% de una combinación de plomo y zinc y 3.9 gr/ton de indium. En el pozo P163 de Marta Centro, 13.52 m (44.36 pies) retornaron 50.6 gr/ton de plata, 9.52% de una combinación de plomo y zinc y 46.4 gr/ton de indium.

Los nuevos resultados expanden los intervalos de mineralización en sus respectivas zonas

Argentex ha perforado 269 pozos en Pingüino, testeando 15 vetas epitermales en el proceso, por un total de 30,000+ m (98,000 pies). El robusto sistema mineralizado permanece abierto en todas las direcciones. Argentex espera ahora recibir todos los resultados analíticos e interpretaciones pendientes para emitir el cálculo de recursos de Pingüino durante este año.

Durante el programa de exploración 2007-2008, Argentex completó aproximadamente 20,782.9 m (68,185 pies) en perforación HQ a diamante en Pingüino. Un total de 15 vetas de metales base y metales preciosos fueron testeadas en 151 nuevos pozos mediante perforación HQ a diamante. Aproximadamente 7,000 muestras han sido recolectadas y remitidas a los Laboratorios Analíticos Acme para su respectivo análisis.


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EL PRESS RELEASE ORIGINAL

New Argentex silver-indium-zinc-lead drill results and overlimits further expand mineralization in four zones at Pinguino

Vancouver, B.C., February 19, 2009 -- Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) is pleased to announce additional drill results from the 2008 program at Pinguino, the company’s polymetallic property in Santa Cruz, Argentina. The latest findings include overlimit analytical results, which significantly expand previously published intervals. New intervals include an 8.6-meter (28.2-foot) intersection at Marta Este that returned 164.7 grams per tonne (g/t) silver, 6.23% combined lead-zinc and 3.9 g/t indium. Hole P163 at Marta Centro returned 13.52 meters (44.36 feet) of 50.6 g/t silver, 9.52% combined lead-zinc and 46.4 g/t indium.

Both the overlimits and the new results expand intervals of mineralization in their respective zones.

Argentex has drilled 269 holes at Pinguino, testing 15 epithermal veins in the process, for a total of 30,000+ meters (98,000 feet). The robust mineralized system remains open in all directions. Following receipt of all remaining analytical results and interpretation, Argentex anticipates completing its first-ever National Instrument 43-101-compliant resource calculation for Pinguino during the current year.

During the 2007-2008 exploration program, Argentex completed approximately 20,782.9 meters (68,185 feet) of HQ diamond drilling at Pinguino using two independent drill contractors. A total of 15 base-metal and precious-metal veins were tested in 151 new HQ diamond drill holes. Approximately 7,000 core samples have been collected and submitted to Acme Analytical Laboratories for analysis. Overlimit analyses of zinc, lead and silver are pending. Additional results will be reported upon receipt and compilation.

About Pinguino
Argentex’s Pinguino property is located in Argentina’s Patagonia region, within the Deseado Massif of Santa Cruz province. The silver-indium-zinc-lead-gold discovery at Pinguino in 2006 marked a major exploration milestone for the company. This was the first discovery of its kind in the region, unique in that it contains both silver-gold and indium-enriched base-metal mineralization. This mineralization is contained in multiple zones that remain open-ended along strike and to depth. Since 2006, exploration of base-metal-rich targets has expanded beyond discoveries at Marta Centro and Yvonne and now encompasses 15 drill-tested veins from more than 35 veins mapped on the property to date.

Indium, a significant component of Argentex’s polymetallic discovery at Pinguino, is a high-value metal used in flat-panel (LCD, plasma) displays, and in leading-edge thin-film solar cell technology.

Pinguino is easily accessible, situated approximately 400 meters (1,312 feet) above sea level in low-relief topography. An existing system of all-weather roads provides year-round access to the property.

Quality Assurance
Samples selected for analysis are sent to Acme Analytical Laboratories’ sample preparation lab in Mendoza, Argentina. From there sample pulps are sent to Santiago, Chile for fire assay gold analysis and to Vancouver, Canada for Group 1DX multi-element MS-ICP analysis. Samples with over-limit zinc, lead, silver and/or copper are reanalyzed using an ore-grade high detection limit 7AR analysis, also conducted in Vancouver. Acme Analytical Laboratories is an accredited ISO 9000:2001 full-service commercial laboratory with its head office in Vancouver. Referee analyses will be carried out by Alex Stewart (assayers) Argentina S.A. in Mendoza, Argentina. Argentex, Acme and Alex Stewart all maintain comprehensive and independent Quality Control/Quality Assurance programs. Drilling in 2008 was conducted by Boart Longyear Connors Argentina S.A. and Major Perforaciones SA.

ABOUT ARGENTEX:
Argentex Mining Corporation is a junior mining exploration company with significant holdings in the Patagonia region of Argentina. It holds an undivided 100% interest in the mineral rights to the Pinguino property. In total, the company owns 100% mineral rights to more than 40 properties with approximately 405,987 acres (163,477 hectares) of prospective land located in the Santa Cruz and Rio Negro provinces of Argentina. Shares of Argentex common stock trade under the symbol AGXM on the OTCBB and on the TSX Venture Exchange under the symbol ATX.

Exploration on the Pinguino property is being conducted under the supervision of Mr. Kenneth Hicks, P.Geo., Argentex's President and a "qualified person" as defined by Canada’s National Instrument 43-101. Mr. Hicks has read and approved the contents of this release.