Argentex Mining Corporation (TSX-V: ATX; OTCBB: AGXM) is a junior mineral
resource company focusing on silver and gold discoveries in southern Argentina.

The company maintains a large portfolio of early-stage, drill-ready and
advanced drill-stage mineral properties in the active Deseado Massif region of
Santa Cruz, Patagonia. There are four active precious metal mines operating
within the mining-friendly province. Among our holdings in Santa Cruz is the
flagship 100%-owned Pinguino property, an exciting silver exploration project on
which we have completed 36,000+ meters of drilling to date. Argentex is also
actively exploring its Cerro Contreras and Condor gold properties in Santa
Cruz.

All of our properties are held 100% by the company and continue to be
advanced by our own Argentine geological team using innovative scientific
exploration methods in this region of excellent geological potential.

In late 2010 we completed the single largest financing in our history.
International Finance Corporation (IFC), a member of the World Bank, invested
$7.3 million in Argentex. IFC currently holds a stake of approximately 19.5% in
Argentex.

A strong treasury, our advanced Pinguino project and portfolio of additional
high-quality silver and gold properties in Santa Cruz are a firm foundation for
ongoing progress. Coupled with rising commodity prices, we anticipate an
exciting 2011 season of discovery, expansion and unprecedented
growth.

Please visit our newsroom and join our email list to receive
up-to-the-minute news updates.

Last changed at 11-Mar-2011 06:17PM by mrstormpay