Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: argex news

argex news

posted on Feb 19, 2010 08:15PM

Drill Program at Argex's Titanium-Vanadium Project to Confirm and Expand on Significant Historically Reported Resource Estimate

  • Quebec, Canada. Drilling is expected to make the historical 78M tonne resource of 20% titanium compliant and much larger. The Argex titanium and vanadium project in Quebec hosts a very large historic high grade tonnage (non NI 43-101 compliant) grading 20.5% Titanium Dioxide, 48% Iron Ore, 0.36% Vanadium and is the subject of a mining journal review.

    New York, NY (PRWEB) February 19, 2010 -- Mining MarketWatch Journal has published an overview of Argex Silver Capital Inc. (TSX VENTURE: RGX) and the potential at the La Blache Titanium-Vanadium Project. The review offers insight and opportunity afforded investors as RGX.V has transitioned from a CPC to a mining entity with very large historical high grade tonnage of titanium at its 100% owned La Blache Titanium-Vanadium Project in mining friendly Quebec. RGX.V has a proprietary metallurgical process expected to result in RGX.V being the lowest cost titanium and vanadium producer in the world, producing a pharmaceutical quality end product. RGX.V is aiming to be a large producer, conceivably producing up to 30% of the world's production of titanium. The La Blache Titanium-Vanadium deposit is a large mass near surface amenable to open pit mining and has historic (non NI 43-101 compliant as numbers predate current rules) tonnage of 20.5% Titanium dioxide, 48% Fe, 0.36% Vanadium. Drilling equipment is now on site to bring numbers compliant and build tonnage, also a pilot small-scale processing facility is expected to be complete later this year (2010) to showcase the metallurgical technology and springboard to large scale production/commercialization

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