[Marinir] {Disarmed} Argex (TSX-V: RGX) Announces 3, 000% Scale-Up of TiO2 Pilot-Plant

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Mon Dec 5 14:15:02 CET 2011


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http://www.argex.ca/ 

ARGEX ANNOUNCES 3000% SCALE UP OF TiO2 PILOT-PLANT 

Increased production to permit distribution of TiO2 samples to end-users 

Argex Mining Inc. (TSX-V: RGX 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=RGX&region=C&lookup=symbol&snapshot=default 

) announced today that following the successful completion of the 
testing of its La Blache ore, it will expand the size of its pilot-plant 
to 30 times (3000%) its current production capacity. The production 
capacity of high purity TiO2 from its 100%-owned deposits will increase 
from 0.3 kg/day up to 10kg/day. 

"The pilot-plant expansion represents a significant milestone," said Roy 
Bonnell, President and CEO of Argex, "the primary objective of the 
expansion is to increase the quantity of TiO2 product samples we can 
provide to end-users." 

Argex expects the pilot-plant expansion to be completed before the end 
of the first quarter of 2012 and production to begin by the second 
quarter of 2012. "The scale-up permits us to not only increase 
production," noted Chief Operating Officer Enrico Di Cesare, "it will 
also allow us to conduct larger scale testing and continue to optimize 
the key performance indicators". 

Argex recently announced the successful completion of the pilot-plant 
testing of the ore from its 100%-owned La Blache deposit. Highlights 
included: repeated and consistent results demonstrating production of 
99.8% pure titanium dioxide rutile product directly from run-of-mine 
material; repeated and consistent results demonstrating titanium dioxide 
production with brightness and colour in line with or superior to some 
of the major TiO2 industry producers; an improved and consistent TiO2 
recovery rate of 90%; organics used in the process recycled more than 
100 times successfully demonstrating process viability and TiO2 produced 
to the optimal 0.25 microns size. 

About Argex Mining Inc. 

ARGEX MINING INC. has recently transitioned from a mining exploration 
company to a near-term producer of commodities that the world needs: 
Titanium Dioxide, Iron and Vanadium Pentoxide. With a primary goal of 
advancing rapidly towards production, Argex has adopted a simple and 
low-risk strategy for the scale-up of its proprietary process that 
allows it to produce high purity TiO2 directly from its 100% owned 
deposit.The closed-loop process is environmentally friendly and produces 
minimal inert tailings. 

Additionally, the Company owns 100% of the Mouchalagane property, which 
is a large Labrador Trough iron ore property that represents further 
potential upside for the Argex shareholders. 

For More Information: 

Roy Bonnell, President and Chief Executive Officer Argex Mining Inc. 

Argex Mining Inc. TSX-V: RGX 

514-788-8923 FSE: ASV 

roy at argex.ca 

MEDIA: 

Frédéric Bérard, Vice President 

HKDP Communications and Public Affairs 

514 395-0375, ext. 259 

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. 

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