Adex Provides Development Strategy Update for Its Mount Pleasant Mine Property

Adex Mining Inc. (TSXV:ADE) provided the following update on its development strategy related to its wholly-owned Mount Pleasant Mine Property, located in south-western New Brunswick, Canada.

The press release is quoted as saying:

The Property includes two potentially economic mineral deposits, the tin-indium-zinc North Zone and the tungsten-molybdenum Fire Tower Zone. As announced on August 23, 2010, Adex has signed a Subscription Agreement (the “Agreement”) with Great Harvest Canadian Investment Company Limited (“Great Harvest”) pursuant to which Great Harvest has agreed to provide the funding for a definitive feasibility study (“DFS”) with respect to the North Zone and provide or arrange for funding which will permit the commencement of commercial mining operations at Mount Pleasant.

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Click here to access Adex Mining Inc. Corporate Site