The company has planned 16 drill holes across 2,000m to demonstrate grade and thickness continuity on the El Tajo vein.

Argentum also plans scout drilling on the La Colorada and La Valenciana veins. Together, the El Tajo and La Colorada veins cover about 900m strike length on surface.

Earlier drilling in 12 holes on the El Tajo vein in 2012 identified 2.0m of 2,745 g/t Ag and 2.4m of 900 g/t Ag, including 1.2m of 1,645 g/t Ag.

Argentum president and CEO Warren McIntyre said that the first 11 drill holes of the current program will further test the El Tajo vein.
"The Company is focused on developing shareholder value in its portfolio of properties, with Coyote being our primary focus for the remainder of 2012," he added.