Argex Mining Inc.: Hires Genivar To Complete Environmental Study On La Blache Property
28.01.2011 | CNW
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTRÉAL, 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. www.genivar.com
About Argex Mining Inc.
Argex is a junior titanium, iron, vanadium and magnesium explorer with projects in Québec, Canada. Headquartered in Montreal, Québec 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, located 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.
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
www.argex.ca
or
Paradox Public Relations at 514-341-0408 or 1-866-460-0408