Hi Grindstone,
I have been in AGD since before they took over ( ATX) on the TSXV Argentex Mining Corp in 2016. I bought in on the prospect of the project ATX had in Argentina ( Pinguino ) an advanced stage development Silver-Gold-Lead-Indium project close to Cerro Vanguardia and Cerro Negro both world class Deposits.
Like the two deposits above Pinguino lies in a vein field along the same controlling structure - CV strike length 225kms and Pinguino 115 km strike length.some 30000m of drilling has been done on the project and a Indicated and Inferred Resource was lodged in 2014 from only 12 veins of 70 discovered.
That showed 26.7 mill oz Silver grading 130g/t Indicated and 7 mill oz Inferred grading 98g/t . The project also had a Gold Indicated and Inferred Resource in 2013 of 142000 oz and a sizeable ZN and PB Resource this bear in mind is from only 12 Veins of 70 drilled.
The PINGUINO Project has 20 Properties covering 51000 Ha .
AGD suggested that they were going to have a review of the Project in Qtr 1 of 2018 but at this stage nothing has been announced. SHOW US THE RESULTS .
If as being suggested Silver breaks out above $20 per oz plus then this project could be a stand alone mine with a suggested LOM of 8 years producing some very high grade ore including SILVER -GOLD -ZN - PB
but the standout would be the High Grade Silver would be a much needed income boon for a AGD.
Hang in there you never know when AGD will wake up to PINGUINO.
GLTA
moureeses
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