Press Releases

FIELDEX EXPLORATION ANNOUNCES INITIATION OF AN AIRBORNE SURVEY ON ITS NEW GOLDEN MOON PROJECT IN THE JAMES BAY REGION

Rouyn-Noranda, Québec, Canada, September 29, 2016 - Fieldex Exploration Inc. (FLX : TSXV and F7E : Frankfurt) is pleased to announce it has contracted Eon Geosciences Inc (EON) of Montréal, Québec for a detailed airborne magnetic (MAG) survey of its Golden Moon project (formerly named Demi-Lune) near the city of Chibougamau in the James Bay region. The survey will begin on September 30, 2016 and will take one week to complete.

 

The MAG geophysical survey will consist of a data acquisition program over a total of 100 linear kilometres on one survey block at 50 metre line spacing. The interpretation maps generated by this survey and possibly by a future induced polarization survey will be keys in providing prospective guidance on potential drilling targets.

 

Qualified Person

Robert Sansfaçon, PGeo, M.Sc., a consultant to Fieldex Exploration, is the qualified person on the Golden Moon Project information presented in this press release under National Instrument 43-101 Standards Of  Disclosure For Mineral Projects, is responsible for the technical contents of this press release, and has approved the disclosure of the technical information contained herein.

 

Quality Control

Fieldex Exploration has implemented and adheres to a strict quality assurance/quality control for the current exploration program. It includes one mineralized gold standard, one duplicate and one blank for each batch of samples. Analyses are performed by ALS Chemex, Val d'Or, Québec, or Techni-Lab, Ste-Germaine-Boule, Québec, both accredited laboratories.

 

Forward Looking Statement

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

About Fieldex

Fieldex is a mineral resource company actively exploring in Québec. As of the date hereof, Fieldex has 102,786,798 common shares issued and outstanding.

 

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 this release

 

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For more information, please contact:

Martin Dallaire, eng.

President and Chief Executive Officer
Tel.: (819) 762-0609
Fax: (819) 762-0097
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