Fieldex completed 4250 metres at Laforce property - intersects 0.82% Nickel over 26m



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/

    ROUYN-NORANDA, QC, Feb. 22 /CNW Telbec/ - Fieldex Exploration Inc.
(FLX :TSXV and F7E : Frankfurt) is pleased to announce the results of the
continuation of their 28-hole diamond drilling program started September 21st
on its copper nickel 100% owned Laforce property (subject to 2-per-cent
royalties to FNX Mining) located in northwestern Quebec.

    
    ASSAY RESULTS

                             From      To     Int.    Cu     Ni    True Width
    Hole                       (m)     (m)     (m)    (%)    (%)      (m)

    LF-07-10                52.88   79.16   26.28   0.58   0.82   15.1 meters
    including               58.12   73.20   15.08   0.80   1.00
    including               58.12   65.00    6.88   0.75   1.21

    LF-07-11                88.92   93.68    4.76   0.24   0.27
    LF-07-12                43.00   52.05     9.5   0.10   0.20
    LF-07-15                 6.59   10.09     3.5   0.28   0.20
    LF-07-16                16.36   25.00    8.64   0.11   0.14
    LF-07-22                66.50   80.00   13.50   0.43   0.69
    including               68.00   78.00   10.00   0.48   0.84
    including               70.00   73.00    3.00   0.48   1.59

    LF-07-23                57.21   79.80   22.59   0.24   0.38
                            84.50   91.65    7.15   0.32   0.31
    

    The diamond drilling location map is accessible on Fieldex Website at
http://www.fieldexexploration.com/images/LaforceDDHLocMap.jpg

    The mineralization occurs in a brecciate chloritized pyroxenite
containing 10 to 15 % sulphide with section up to 30 %. The sulphide is
chalcopyrite, pyrrothite, pyrite and pentlandite. These sulphides appear in
stringers around pyroxenite fragments, as coarse blebs in the breccias matrix
and locally associated with sheared zone. From the first observation it looks
like the mineralization is from tectonic origin.
    "We anticipate that the current 90 km ground survey surrounding the
Laforce deposit will produce multiple geophysical target and these targets
will be tested in the next drilling program."
    Assay results from holes LF-07-24 to LF-07-35 are pending and will be
released as soon as the entire set of sample results from these holes are
completed.
    The assaying technique used is the industry standard for base metal
assaying, which uses nitric and hydrochloric acids that extracts nickel only
from sulphide mineralization and not from nickel silicate minerals.

    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 km(2). 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.
    %SEDAR: 00008738E




For further information:

For further information: Martin Dallaire, eng, President & CEO, (819)
762-0609, Fax: (819) 762-0097, mdallaire@fieldexexploration.com;
www.fieldexexploration.com

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Fieldex Exploration Inc.

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