VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2011) - Cap-Ex Ventures Ltd. ("Cap-Ex" or the "Company") (TSX VENTURE:CEV) is pleased to announce that Paterson Grant & Watson Ltd ("PGW"), have been engaged to model and interpret geophysical data from an aeromagnetic survey completed by MPX Geophysics in 2008 on "Block 103" of the Company's Schefferville Iron Ore Properties (the Schefferville Properties").