Toronto – January 12, 2010 – Adex Mining Inc. ("Adex" or the "Company") (TSX-V: ADE) is pleased to announce it has successfully developed a process for the production of a high purity indium at its Mount Pleasant Mine Property ("Mount Pleasant" or the "Property"), located in southwestern New Brunswick Canada.
Adex overcame a major hurdle at the close of 2009 by producing the first few grams of indium in its bench scale hydrometallurgical process (the "hydromet process") development program. "I am very optimistic," stated Errol Farr, Adex President and CEO. "It doesn't seem like much when you hold it in your hand, but this little nugget sized piece of indium represents the promise of Adex's success at Mount Pleasant. The potential to produce and direct market a high grade indium product would put Adex in a unique position amongst junior mining companies."
The bench scale process development work completed to date indicates that the unique hydromet process technology is capable of producing indium in excess of 88% purity. Bench scale optimization of process chemistry to confirm design parameters for the hydromet pilot plant testwork is ongoing.
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FOR FURTHER INFORMATION PLEASE CONTACT:
J. Errol Farr, CMA
President, Chief Executive Officer and Director
Adex Mining Inc.
1-866-508-2339
(ADEX)
Email: investorrelations@adexmining.com
Website: www.adexmining.com
