Adex Announces Lab Scale Production of Indium

Adex Mining Inc. ("Adex" or the "Company") (TSX VENTURE: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.


The hydromet process, developed by Thibault & Associates Inc. of Fredericton, an
Adex consultant, involves leaching base metal sulphide concentrate containing
approximately 4500 ppm indium and recovering the indium and zinc through a
series of solvent extraction and solution purification processes. Adex is
considering patent applications with respect to certain aspects of this hydromet
process technology.


Indium production potential at Mount Pleasant is about 40 tonnes per year
("tpy") based on processing 850 tpd of mill feed. Adex is considering two
commercial production scenarios for Mount Pleasant. Under the tin concentrate,
indium and zinc metal production model, there is also potential to produce about
4,000 tonnes of zinc metal and 3,200 tonnes of tin concentrate per year from the
North Zone ("NZ"). Under the tin concentrate and zinc-indium concentrate
production model, there is potential to produce about 8,500 tonnes of indium
rich zinc concentrate and 3200 tonnes of tin concentrate from the NZ.


With successful scoping/preliminary economic studies behind it as disclosed in
the Company's press release dated January 7, 2010, the Company is now focused on
piloting indium-zinc concentrate and tin concentrate production and on piloting
its innovative hydromet process to produce indium and zinc metal. Successful
pilot test programs will lead to a definitive feasibility study. Positive
results from the definitive feasibility study will lead to applications for
necessary regulatory approvals and efforts to secure financing to fund
engineering, equipment purchase and construction, resulting finally in
production.


Adex believes it will be well positioned to begin mine development and process
equipment purchase and installation assuming positive results from its
definitive feasibility study, government regulatory approvals and project
financing by early 2011. Concentrator production is targeted for
October/November 2011.


In addition to the tin-indium-zinc-copper bearing NZ, Mount Pleasant hosts the
tungsten-molybdenum bearing Fire Tower Zone ("FTZ"). The FTZ is the site of a
tungsten-molybdenum underground mining operation that was only in production
between 1983 and 1985.


Mineral resources that are not mineral reserves do not have demonstrated
economic viability


Dean Thibault, P. Eng., Senior Process Chemical Engineer of Thibault &
Associates Inc., a consultant to Adex and an independent qualified person as
defined by National Instrument 43-101 ("NI 43-101") supervised the preparation
of the technical information contained in this press release in compliance with
NI 43-101.


ABOUT ADEX

Adex Mining Inc. is a Canadian junior mining company with an experienced
management team. The Company is focused on developing its flagship Mount
Pleasant Mine property, a multi-mineral project that is host to promising
tungsten-molybdenum and tin-indium-zinc-copper mineralization. Located in
Charlotte County, New Brunswick, the Mount Pleasant Mine property is situated
approximately 80 kilometres south of Fredericton, the provincial capital, and is
65 kilometres from the United States border. The common shares of Adex trade on
the TSX Venture Exchange under the stock symbol "ADE." Technical and business
information regarding Adex's Mount Pleasant property is available on SEDAR at
www.sedar.com and the Company's website at www.adexmining.com.


No securities commission or regulatory authority has approved or disapproved the
contents of this press release.


FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of Adex, its
subsidiary or the industry in which they operate to be materially different from
any future results, performance or achievements expressed or implied by such
forward-looking statements. When used in this press release, the words
"estimate", "believe", "anticipate", "intend", "expect", "plan", "may",
"should", "will", the negative thereof or other variations thereon or comparable
terminology are intended to identify forward-looking statements. Such statements
reflect the current expectations of the management of Adex with respect to
future events based on currently available information and are subject to risks
and uncertainties that could cause actual results, performance or achievements
to differ materially from those expressed or implied by those forward-looking
statements. These risks and uncertainties are detailed from time to time,
including, without limitation, under the heading "Risk Factors", in reports
filed by Adex with the Alberta, British Columbia and Ontario Securities
Commissions which are available at www.sedar.com and to which readers of this
press release are referred for additional information concerning Adex, its
prospects and the risks and uncertainties relating to Adex and its prospects.
New risk factors may arise from time to time and it is not possible for
management to predict all of those risk factors or the extent to which any
factor or combination of factors may cause actual results, performance and
achievements of Adex to be materially different from those contained in
forward-looking statements. Although the forward-looking statements contained in
this press release are based upon what management believes to be reasonable
assumptions, Adex cannot assure investors that actual results will be consistent
with these forward-looking statements. Given these risks and uncertainties,
investors should not place undue reliance on forward-looking statements as a
prediction of actual results.


The forward-looking information contained in this press release is current only
as of the date of the press release. Adex does not undertake or assume any
obligation to release publicly any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events, except as required by law.