Argentum Silver Corp. (TSX VENTURE:ASL) ("Argentum" or the "Company") announces
the grant of incentive stock options to a consultant of the Company to purchase
up to 100,000 common shares in the capital stock of the Company pursuant to an
approved share option plan. The options are exercisable at a price of $0.25 per
share on or before October 6, 2012, subject to the approval of the TSX Venture
Exchange.


About Argentum Silver

Argentum holds the right to acquire a 100% interest in the Lachiguiri,
Silacayoapan and Nino Perdido properties, all located in Oaxaca, Mexico, under
an option agreement with Arco Resources Corp. Argentum also has an option to
earn a 100% interest from Soltoro Ltd. in the Victoria and Coyote silver-gold
projects located in Jalisco, Mexico. For further information, please go to
www.argentumsilvercorp.com.


On behalf of the Board of Directors of Argentum Silver Corp.

Warren McIntyre, President and Chief Executive Officer

Argentum Silver Corp.

For further information:

This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Argentum relies upon litigation protection for forward-looking
statements.


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