Quadra FNX Mining Ltd. - Conference Call:  2011 First Quarter
Financial Results


Vancouver, Canada, April 27th 2011 - Quadra FNX Mining Ltd. (QUX.TSX)
("Quadra FNX" or the "Company") announces that it will report on the
Company's financial results and performance for the quarter ended March
31st, 2011 on Friday, May 6th, 2011, prior to market open. The complete
Financial Statements will be available together with the Management
Discussion and Analysis at www.quadrafnx.com and at www.sedar.com.

A conference call to discuss the First Quarter results has been
scheduled for Friday, May 6th 2011, at 9.00am ET (6.00am PDT), The
North American toll free number for this conference call is
1-416-340-8530 while the international number is 1-877-240-9722. To
access the simultaneous webcast, visit Quadra FNX's website at
www.quadrafnx.com or www.InvestorCalendar.com.  The playback version of
the call will be available until Friday, May 13th, 2011 at
1-905-694-9451 or North American toll free 1-800-408-3053 and using the
pass code: 1420688.

About Quadra FNX

Quadra FNX Mining Ltd. is a leading mid-tier copper mining company with
corporate offices in Vancouver, B.C. and Toronto, Ontario. Quadra FNX
produces copper, gold and platinum group metals from its operating
mines: Robinson in Nevada, Carlota in Arizona, Franke in northern
Chile, and McCreedy West, Levack, which includes Morrison, and Podolsky
in Sudbury, Ontario. The Company possesses several advanced development
projects, including the feasibility stage Sierra Gorda
copper-molybdenum project in Chile, the Victoria project, an advanced
exploration project in Sudbury and the Malmbjerg molybdenum development
project in Greenland. Quadra FNX employs approximately 1,950 people in
North and South America. The Company's common shares are listed on the
Toronto Stock Exchange under the ticker symbol "QUX". Additional
information about the Company is available at www.quadrafnx.com.

Media and Investor Relations Contact:

Nawojka Wachowiak
Vice President, Investor Relations
(416) 642-9209