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FIELDEX SAMPLES UP TO 11 GRAMS PER TON OF GOLD IN NORTHERN QUEBEC – CONTINUES DRILLING
Rouyn-Noranda, Quebec, March 5th, 2008. Fieldex Exploration Inc. (FLX :TSXV and F7E : Frankfurt ) is pleased to announce additional grab samples results from a 1.3 metre wide quartz breccia vein structures hosted in a quartz monzonite intrusive complex at the Temiscamingue property located in Northern Quebec.
Two grab samples 3793 and 3794 are 25 metres apart and returned 10.97 and 10.23 grams of gold per ton with significant silver.
Sample No. Gold (g/t) Silver (g/t)
3793 10.97 22.7
3794 10.23 34.3
The Guimond gold showing is on ground held by Superior Diamonds, of which Fieldex has 100 per cent of the gold rights, with Superior entitled to a 2-per-cent net smelter royalty.
Drilling
Fieldex has also completed the first hole of a 500-metre drill program on the Guimond project.
The first hole, collared at minus 45 degrees, intersected at 122.40 m to 123.50 m a quartz epidote vein with disseminated pyrite. The vein is similar to the vein in surface which returned value cited above. Several similar quartz epidote with sulphide veins were also encountered along the hole and could contained gold values as well. Core samples will be sent to Techni-Lab with assay results expected shortly. The next series of holes will target the East Vein structure, approximately 100 feet (33 metres) away from the old working (trenching), on a 50-foot-by-50-foot step-out pattern to delineate and determine the continuity of grade within the gold-bearing zone. Additional exploratory drilling to determine the strike extent of the vein structures i! s also p lanned from strategically located drill pads.
Quality control
Assay samples are taken from drill core sawed in half with one half sent to a commercial laboratory and other half retained for future reference.
Qualified person
The Temiscamingue projects are being supervised by Laurent Hallé P.Geo, the qualified person for these projects.
About Fieldex:
Fieldex is a mineral resource company actively exploring in Quebec for nickel-copper-platinum group metal deposits located through out Northern Quebec, representing over 600 km². FNX Mining Company owns 6 500 000 shares of Fieldex Exploration Inc.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Martin Dallaire, eng
President & CEO Tel.: (819) 762-0609
Fax: (819) 762-0097
mdallaire@fieldexexploration.com
www.fieldexexploration.com
