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Adex Mining Inc. TSX-V: ADE

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About Fire Tower Zone<br />

Metals: Tungsten-molybdenum-bismuth.<br />

Location: Southeastern area of Mount Pleasant property.<br />

Completed:<br />

• Previously mined by BHP in 1983-85.<br />

• Produced 1M tonnes of tungsten.<br />

• Mine, tailings pond and metallurgical buildings remain.<br />

• NI 43-101 resource estimate 2008; amended in 2012.<br />

• Scoping study 2008.<br />

Underway:<br />

• Pre-feasibility study, which includes metallurgical testing and mine dewatering<br />

plan, required for production.<br />

Advantages:<br />

• Longer mine life and less risk.<br />

• Previously mined; geology, mining and metallurgy well understood.<br />

• Capitalizing on strong metal markets.<br />

<strong>Adex</strong> <strong>Mining</strong> <strong>Inc</strong>. <strong>TSX</strong>-V: <strong>ADE</strong> 9

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