STUDY ON LA BLACHE PROPERTY

cnw


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES




MONTREAL, le 28 janv. /CNW Telbec/ - Argex Mining Inc. (Argex) (TSX-V: RGX) (FSE: ASV) (OTCBB: ARGEF) has engaged GENIVAR Inc. (TSX: GNV) (GENIVAR),one of the largest
engineering firms in Canada, to complete an environmental assessment
for the proposed mining site to be located on the La Blache property.
The environmental assessment to be prepared by GENIVAR will comprisean
important part of Argex's La Blache property scoping study which is to
be compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects.




The environmental assessment will provide Argex with a baseline
environmental survey for its La Blache property, a feasibility study on
the extension of the forest road to the mine site to reduce both travel
time and the possibility of accidents, and a mineral transport corridor
feasibility study to identify possible paths for either a pipeline or a
railroad.




GENIVAR is proposing to work with people in the Pessamit community
during the field activities.




Argex's objective is to develop a world class titanium mining operation
with a hydrometallurgical processing facility treating upwards of three
million tonnes per year of ore (3Mtpa); producing high-grade titanium
dioxide, iron oxide and vanadium products. The chemical purity of all
products is expected to be excellent.




"GENIVAR's team dynamism and wealth of site specific knowledge is a real
catalyst for us on this project," said Michael Dehn, Argex's President
and Chief Excutive Officer.




About GENIVAR

GENIVAR is a leading Canadian engineering services firm providing
private and public-sector clients with a comprehensive range of
professional consulting services throughout all project phases,
including planning, design, construction and maintenance. Ranging in
size and scope, GENIVAR's clients primarily operate in the building,
industrial and energy, municipal infrastructure, transportation and
environmental sectors. GENIVAR is one of Canada's largest engineering
services firms based on number of employees, with more than 4,500
managers, professionals, technicians and technologists and support
staff in more than 85 locations in Canada and internationally.

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 http://www.argex.ca/">www.argex.ca.




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 Chief Executive Officer Argex Mining Inc. 647-477-2382 michael@argex.ca

or

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