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The property has increased in size by 127% in order to cover additional
iron formation


This is first consolidation of the iron formations in the Mouchalagane
property by one company



MONTREAL, Jan. 25 /CNW Telbec/ - Argex Mining Inc. (Argex) (TSX-V: RGX) (FSE: ASV) (OTCBB: ARGEF) has increased the size of the Mouchalagane property by staking from 101
km2 to 230 km2. This staking was completed in conjunction with the recently reported
airborne geophysical survey that identified a 40km long magnetic
anomaly that corresponds with iron formations that has previously been
mapped and from drilling on the property (press release dated January
24, 2011).


The staking by Argex is the first time the area has been consolidated
into one large property package. The more than 4 gigabytes of historic
data that is publically available from the MNRQ (Quebec Ministry of
Natural Resources) greatly aids planning future work for the project.


Argex continues to review the results of the recently completed airborne
geophysical survey and will announce its future plans for the property
shortly.


An updated map showing the claims and the geophysics will be available
at ...web site... shortly.




The staking was completed by Consul-Teck Exploration Inc., of Val d'or,
Quebec.


Jean-Sebastien Lavallee, P.Geo (OGQ #773), Consul-Teck Exploration Inc.,
of Val d'or, Quebec, Argex's Silver Capital Inc. consulting geologist
and qualified person since 2007, has reviewed and approved this
release.


About Argex Mining Inc.


Argex is a junior titanium, iron, vanadium and magnesium explorer with
projects in Quebec, Canada. Headquartered in Montreal, Quebec with
plans to rapidly advance towards titanium production at the 100%-owned
La Blache deposit located near Baie-Comeau, Quebec. Argex also owns
100% of the Mouchalagane Iron Ore project, 380 kilometres north of
Baie-Comeau, Quebec and of the same type of deposit 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 Brule Titanium-Iron-Vanadium deposit. For
additional information, please visit our website at
factors and others are more fully discussed in Company filings with
Canadian securities regulatory authorities


Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.






For further information:

Michael Dehn, President and CEO Argex Mining Inc. 647-477-2382 michael@argex.ca

Or

Paradox Public Relations at 514-341-0408 or 1-866-460-0408