Fieldex drills 84 metres 0.20% nickel at Gaboury and completes Hole no.15 at Kipawa

ROUYN-NORANDA, Sept. 15, 2011 - Fieldex Exploration Inc. (TSXV: FLX) (Frankfurt: F7E) is pleased to announce the results of its recently-completed 2,725 metre drilling campaign on Fieldex's 100%-owned Gaboury nickel project located 120 km east of Kirkland Lake, Ontario. The property is comprised of 83 claims totalling more than 3,508 hectares (35 sq.km).

DDH no. East North Dip(°) Depth (m) From (m) To (m) Int (m) Ni (%) Ag (g/t)
GA-10-01 644690 5243139 -50 232 36.8 118.5 81.7 0.20 n/a
GA-10-02 644800 5243025 -50 173 117 132 15.0 0.20 n/a
151.29 168 16.7 0.20 2.2
GA-10-03 645323 5243292 -50 318 - - - tr n/a
GA-10-04 645250 5243115 -50 216 - - - tr n/a
GA-10-05 644695 5243155 -50 201 - - - tr n/a
GA-11-06 644505 5243090 -56 774 190.5 274.5 84.0 0.20 1.1
GA-11-07 644325 5243200 -51 360 58.4 66.0 7.6 0.18 n/a
GA-11-08 644590 5242980 -59 450 - - - waiting
assays -

True width not known


The Gaboury property is situated within the Ville-Marie - Belleterre archean volcano - sedimentary Belt, south of the Abitibi Greenstone Belt. The nickel values of the drilled holes are located within serpentinized peridotites / ultramafites and amphibolitized basalts / gabbros which are often brecciated and which are also altered by chlorite, sericite and carbonates. Visible mineralization consists mainly of <1% to 3% small grained - size pyrite - pyrrhotite - magnetite, disseminated and also observed in millimetric clusters. An electromagnetic borehole InfiniTEM survey was carried out in hole GA-11-06 to detect massive sulphide in the surrounding area. The InfiniTEM survey generated a moderated-type anomaly on the east side of hole GA-11-06. Fieldex drilled the anomaly with hole GA-11-08 and is now waiting for the assays. The distance between Hole GA-10-01 and GA-10-06 is 180 metres. GA-10-03 to 10-05 intersected only traces of mineralization but were not located in the main zone and were drilled to test a structural model.

Martin Dallaire, President and Chief Executive Officer of Fieldex, stated: "We are extremely pleased with the results provided by this grassroots project. We are moving it up on our priority list".


FIELDEX COMPLETES HOLE NO.15 OUT OF 22 HOLES IN KIPAWA

The first six holes totalling 950 metres were drilled on the western extension of the property, about 1.7 km from the Matamec Explorations Inc. Kipawa REE-Yttrium-Zirconium deposit. These holes will enable Fieldex to collect more information about the previous and successful drilling campaign, especially diamond drill hole LS-10-19 (Stockwatch October 25, 2010, Fieldex drills 61.7 meters at 1.5% ZrO2). The additional nine holes totalling 1,300 metres were drilled on the eastern extension of the property where many REE surface rock samples were collected during previous exploration campaigns. The remaining seven holes are planned on the west side of the property. Fieldex is waiting for assay results for the first 15 holes.


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 exploration program is carried out 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 60,172,018 shares 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.



For further information:

Fieldex Exploration Inc.
Martin Dallaire, eng
President & Chief Executive Officer
Tel.: (819) 762-0609
Fax: (819) 762-0097
mdallaire@fieldexexploration.com
www.fieldexexploration.com