Goldhills Holding Ltd. press release
Clarification regarding the acquisition by Fieldex of 100% of Blondeau Copper Nickel Property
TSXV - TSX Venture Exchange · Copper · Molybdenum · Silver · Gold · Zinc · Canada
ROUYN-NORANDA, Quebec, April 26 /CNW Telbec/ - At the request of Market Regulation Services, Fieldex Exploration Inc. (FLX: TSX-V and F7E: FSE) is hereby clarifying certain information contained in a press release that it issued yesterday regarding the acquisition of the Blondeau Copper Nickel Property. Fieldex has not undertaken any procedures to verify the validity of the historical estimates set out in its earlier press release. As such, management is unable to comment, at this stage, on the relevance and reliability such historical estimates. In the opinion of management, based on the information available, the copper and nickel mineralization referred to in the press release would be classified as an inferred mineral resource within the meaning ascribed to that term by the Canadian Institute of Mining, Metallurgy and Petroleum. However, no qualified person has done sufficient work to classify the mineralization as a current mineral resource. Until such time as further exploration work is done on the Blondeau Property, Fieldex will not treat the mineralization referred to in the historical estimates as a current mineral resource and, as such, investors should not rely on such historical estimates in making their investment decisions.
About Fieldex:
Fieldex is a mineral resource company actively exploring deposits in Quebec in partnership with FNX Mining Company for nickel-copper-PGE group metal and for gold with Cambior and Lake Shore Gold. Fieldex owns many properties located in Northern Quebec, representing over 600 km(2).
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.