Argentina Mining announces New Silver Sponsor for its Argentina Mining 2010 Convention: Minera Peregrine Argentina S.A, una empresa Peregrine Metals Ltd. - Argentina Mining - Oportunidades de Negocios en Exploración, Geología y Minería

MENDOZA, ARGENTINA. July 7th, 2010. Argentina Mining is pleased to announce that Minera Peregrine Argentina S.A, a company of Peregrine Metals Ltd., a Canadian company which develops the Altar project in Argentina, has confirmed its participation as Silver Sponsor for the Argentina Mining 2010 Convention, to be held in San Juan, from August 31 till September 2, 2010.

Peregrine Metals Ltd. develops the Altar project in San Juan province, a large porphyry copper deposit with an estimated production of 251 million tonnes. The company is working to issue a Preliminary Economic Assessment based on an estimate of leachable copper resources which will be completed in the fourth quarter of 2010.

“We are really proud of having a company as Peregrine participate as sponsor in the Argentina Mining 2010 Convention and it is highly promising that companies of this high standing continue supporting the mining industry in our country,” commented Paola Rojas, Manager of Argentina Mining, company which organizes the Argentina Mining 2010 Convention.

Peregrine Metals Ltd. is joining the 22 well known companies already confirmed as sponsors which are confident of the quality of the most important mining event in Argentina. Some of the companies that support Argentina Mining 2010 are: Votorantim, Pan American Silver, Minera Andes, Silver Standard, Hochschild Mining, Anglogold, Alex Stewart, Calypso Uranium, MWH, SGS, Beretta Godoy, LI3 Energy, Cartellone, CORO, among others.

About Argentina Mining Argentina Mining is an Events Marketing company focused on the Argentinean mining market. Its objectives are gathering the mining community in Argentina and providing a place to promote the activity in the world, developing business opportunities for its members. The company organizes the premium international event of the Argentinean mining sector, the Argentina Mining Convention, which takes place biennially in Argentina since 1996, and the Latin Exploration Conference, among others. Additionally, it provides advisory services in public relations and marketing and develops supplementary products. For further information, please visit www.argentinamining.com

About Peregrine Metals Ltd. Peregrine Metals Ltd. is a Canadian company. Its president and director is Eric Friedland, who has over 20 years experience in international mining development. Peregrine develops the Altar project, located in San Juan province, an area of considerable mining development activity, where the company is exploring a copper deposit which is estimated to produce 251 million tonnes of copper according to previous studies. The company is listed on the Toronto Stock Exchange under the symbol “PGM”. Peregrine also has a comprehensive and strict quality guarantee for its programs. For further information, please visit www.peregrinemetals.com


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