ARGEX MINING INC. | TSX Venture: RGX

Argex Mining Inc. is a junior titanium, iron, vanadium and magnesium explorer with projects in Quebec, Canada.

Headquartered in Montreal, Quebec, Argex plans to rapidly advance towards production at the 100% owned La Blache deposit 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.

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

Highlights:

• High grade titanium, iron and vanadium deposits
• 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
• Historic (non-compliant) 79 million tons at 48% Fe, 20.5% TiO2 and 0.36% V2O5
• Nearly 15,000m of Drilling to date in 2010
• NI43-101 compliant technical report on the mineral resource estimate expected later this year.
• Scoping study scheduled for year-end 2010.
• Favourable valuation to other comparables