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Argex appoints André Laferrière as Vice-President, Mining and Geology

14.12.2011  |  CNW

MONTREAL, Dec. 13, 2011 /CNW Telbec/ - Argex Mining Inc. (Argex)

is pleased to announce the appointment of Mr. André Laferrière as Vice-President, Mining and Geology.  Mr. Laferrière has been a valued member of the Argex team since June 2011 and has made significant contributions since joining the team.

Argex President and CEO, Roy Bonnell, commented on Mr. Laferrière's appointment, 'We are delighted to have André join the executive team and look forward to working with him as we head towards the goal of producing TiO(2.)'

Mr. Laferrière brings to Argex over 14 years of experience in exploration and mineral project development. Mr. Laferrière has focused over the years in mineral resource estimation and NI 43-101 reporting and compliance.  He has also specialized in mineral exploration project management and evaluation. Some of the commodities he has covered include copper, nickel, PGE, gold, technology metals and rare earths amongst others.

Before joining Argex, Mr. Laferrière was Senior Resource Geologist at SGS Canada Inc. - Geostat from 2009 until 2011. From 2006 until 2009 he was Senior Geologist for a Canadian publicly traded mining company.

In other news, Argex reports that is has issued a total of 1,650,000 stock options on December 9, 2011. Officers, directors, and employees were granted 1,400,000 incentive stock options while the 250,000 balance were issued to consultants. These incentive stock options are exercisable at $0.445 with an expiry date of December 9, 2016.

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 TiO(2) directly from its 100% owned deposit.

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.

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.

ARGEX MINING INC.

CONTACT: Roy Bonnell, President and Chief Executive Officer

Argex Mining Inc.

514-788-8923

roy@argex.ca



MEDIA:

Frédéric Bérard, Vice President

HKDP Communications and Public Affairs

514 395-0375, ext.259



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