Argex Estimates Conceptual Exploration Potential at Mouchalagane

Argex Mining Inc. (TSXV:RGX) reported it has finalized the compilation of historical data available for its Mouchalagane iron ore property.

The press release is quoted as saying,

The overall conceptual tonnage estimated for Mouchalagane ranges between 940 million tonnes and 2.31 billion tonnes of magnetite and hematite-rich mineralization at a grade of 30% to 35% Fe total. The analysis of the exploration potential has been conducted separately for areas with known historical drilling and for untested areas on the property.

For the complete press release, click here.