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MONTREAL, Dec. 13, 2011 /CNW Telbec/ - Argex Mining Inc. (Argex) (TSXV: RGX) (FSE: ASV) (OTCBB: ARGEF) is pleased to announce the appointment of Mr. Andre Laferricre as
Vice-President, Mining and Geology. Mr. Laferricre 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. Laferricre's
appointment, "We are delighted to have Andre join the executive team
and look forward to working with him as we head towards the goal of
producing TiO2."
Mr. Laferricre brings to Argex over 14 years of experience in
exploration and mineral project development. Mr. Laferricre 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. Laferricre 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 TiO2 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.
For further information:
Roy Bonnell, President and Chief Executive Officer Argex Mining Inc. 514-788-8923 roy@argex.ca
MEDIA: Frederic Berard, Vice President HKDP Communications and Public Affairs 514 395-0375, ext.259
