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LATEST NEWS

July 20, 2011
Argex's La Blache Titanium Dioxide Achieves Outstanding Brightness and Colour Results...

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July 12, 2011
Argex Announces Robert Guilbault As Chairman of the Board

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PREMIER NI 43-101 COMPLIANT RESOURCE

STOCK QUOTE

Symbol:
TSX-V:RGX • FSE: ASV • OTCBB: ARGEF

Price: $0.45 - (delayed 15 minutes) View Chart

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ARGEX MINING INC. | TSX Venture: RGX

Argex Mining Inc. is transitioning from a titanium, iron and vanadium explorer to a development company with projects in Quebec, Canada.

The Company is committed to its strategic plan of rapidly advancing towards profitable production at its 100% owned La Blache deposits located near Baie-Comeau, Quebec.

Argex also owns 100% of the Mouchalagane Iron Ore project, located 300 km north of Baie-Comeau, Quebec and this project is of the same deposit type as ore bodies currently being mined by Quebec Cartier Mining's (Arcelor Mittal) Fire Lake Mine and Consolidated Thompson's Bloom Lake Mine.

In 2010, Argex expanded its land holdings near Baie-Comeau, Quebec surrounding Consolidated Thompson's Lac Brûlé Titanium-Iron-Vanadium deposit.


Highlights:

  • NI 43-101 compliant resource estimate including: 30,888,000 tonnes measured and indicated and 13,013,000 tonnes inferred resource estimate grading >44% iron (63.36% Fe2O3), >11% titanium (18.67% TiO2) and >0.24% vanadium (0.43% V2O5).
  • High grade titanium, iron and vanadium deposits
  • Environmental Permitting work underway by Genivar
  • 100 km from deep water port
  • Extensive infrastructure in place
  • Exclusive exploration agreement with Innu
  • Initial sample testing shows excellent iron and titanium recovery and purity
  • 20,000m of Drilling completed by Major Drilling
  • NI43-101 Preliminary Economic Assessment (PEA or Scoping Study) currently being prepared by BBA.
  • Favourable valuation to other comparables
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Contact: Roy Bonnell - Phone: 514-788-8923 - Address: Suite 410, 630 Sherbrooke St. W. Montréal, Québec, H3A 1E4
© 2011 Argex Mining Inc.