ARGEX MINING FILES 43-101 TECHNICAL REPORT ON THE MOUCHALAGANE, LAC BRÛLÉ AND
LA BLACHE PROPERTIES
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, Nov. 15 /CNW Telbec/ - Argex Mining Inc. (TSX-V:RGX) (FSE: ASV) (OTCBB: ARGEF) reports that it has filed today with the Canadian securities regulators, a 43-101 Technical Report dated November 4, 2010 (the "Report") on the Mouchalagane, Lac Brule and La Blache Properties. The Report was prepared by Jean-Sébastien Lavallée, B. Sc., P. Geo. of Consul-Teck Exploration Inc., Val d'Or, Québec. The Report can be found on SEDAR at www.sedar.com and on the Company's website at www.argex.ca.
Jean-Sébastien Lavallée, P.Geo (OGQ #773), Consul-Teck Exploration Inc., of Val d'or, Québec, 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 Québec, Canada. Headquartered in Montreal, Québec, the company is committed to the interests of its shareholders, with plans to rapidly advance towards titanium production at the 100%-owned La Blache deposit located near Baie-Comeau, Québec. Argex also owns 100% of the Mouchalagane Iron Ore project, 380 kilometres north of Baie-Comeau, Québec and of the same type of deposit as ore bodies currently being mined by Québec Cartier Mining's (Arcelor Mittal) Fire Lake Mine and Consolidated Thompson's Bloom Lake Mine. Recently, Argex expanded its land holdings near Baie-Comeau, Québec surrounding Consolidated Thompson's Lac Brûlé Titanium-Iron-Vanadium deposit. For additional information, please visit our website at www.argex.ca.
Forward-LookingStatements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These 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
[email protected]
Or
Paradox Public Relations at 514-341-0408 or 1-866-460-0408
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