Argentum Silver Corp. announced it has received final deliverables on the property-wide remote sensing survey completed by Axiom Exploration Group Ltd. (Axiom) on the company's Cochavara Property in La Libertad, Northern Peru. The remote sensing work included the acquisition, processing, analysis, and interpretation of Synthetic Aperture Radar (SAR) and Sentinel & Aster Multispectral data over its wholly owned Cochavara Property (the Property) in addition to surrounding areas to the Property with known occurrences of mineralization, including the Quiruvilca silver-lead-zinc mine deposit, located 3.5 km to the northeast.

Axiom is a complete consulting firm providing a diverse set of technical services within, and integrated across, five main divisions: Applied Analytics, Exploration, Geophysics & Remote Sensing, Environment, and Energy Services. By combining modern remote sensing techniques using multispectral imaging and synthetic aperture radar to analyze vegetation, structure, alteration, and ground movement, complex anomalies covering large areas can be quickly and effectively identified. This multivariate exploration approach combines existing geological, geochemical, and geophysical data with multiple satellite analyses, to identify new potential mineral exploration targets.

This detailed work provides structural analysis, mineral and alteration mapping, Digital Elevation Model ("DEM"), and prospectivity mapping. The remote sensing survey covered an area of approximately 124.4 km2 (12km east-west by 10.5km north-south) which encompasses the 6 (six) mining concessions of the Cochavara Property as well as the Quiruvilca Mine to the northeast. Quiruvilca and the Property's main mineralized Margarita Mine zone served as known areas with specific signatures typical of Ag-Pb-Zn mineralization.

Based on the satellite analysis that took satellite spectra, geology, vegetation analysis, structural analysis, and known mineral occurrence data into account, the target areas are interpreted as associated with the major and ring fault systems, in the central northwestern part of the analyzed area. The western part of the ring structure appears to have been downfaulted and buried west of a major north-north-east trending fault that transects the Property's three westernmost mining concessions. Hydrothermal alteration, gossan, ferric iron and low moisture spectral signatures, combined with the structural analysis, were the main methods that helped define the target areas.

A total of forty-seven (47) satellite target areas were defined as part of the analysis; of these, twenty (20) are interpreted to occur on the Property's mining concessions. Follow-up field mapping, trenching, sampling, and localized geophysics over the target areas will be undertaken.