ROUYN-NORANDA, QC, April 19 /CNW Telbec/ - Fieldex Exploration Inc. (TSXV: FLX) (Frankfurt: F7E) is pleased to announce that it has filed a permit application to mobilize a drill rig on its 100%-owned Lac Sairs property, located 100 kilometres northeast of North Bay, Ontario, within northwestern Québec, near the Québec-Ontario border. The Lac Sairs property is located in the Kipawa alcalin complex, 1.7 km from the Matamec Explorations Inc. Kipawa REE-Yttrium-Zirconium deposit.
The phase 3 spring 2011 drilling program, totaling approximately 2,000 metres is aimed at finding and defining the extension of the hole LS-10-19 that has returned 1.51% ZrO2 over 62 metres during the September 2010 phase 2 drilling program (see Fieldex's press release October 25, 2010) and to test numerous targets identified by prospecting and ground geophysical surveys.
Quality Assurance / Quality Control
Fieldex has implemented and adheres to a strict Quality Assurance/Quality Control program which includes one REE mineralized standard, one duplicate and one blank for each batch of samples. Assay samples are taken from drill core sawed in half with one half sent to a commercial laboratory and the other half retained for future reference. Analyses are performed by ALS Chemex, Val-d'Or, an accredited laboratory.
Qualified Person
The content of this press release was prepared under the supervision of Robert Sansfaçon, geologist and qualified person as per National Instrument 43-101.
About Fieldex:
Fieldex is a mineral resource company actively exploring in Quebec for base and strategic group metal deposits located throughout Canada, representing over 600 km². Quadra FNX Mining Company owns 6,500,000 shares of Fieldex Exploration Inc. Fieldex has 60,122,018 shares outstanding and a working capital of $2M including an investment of 800,000 shares in Visible Gold Mines Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
