Specializing in base-metals exploration, Fieldex recently expanded its scope of exploration to rare earths following the discovery of major radiometric anomalies on its Lac Sairs property located in the Kipawa alcalin Heavy Rare Earth complex. Rare earths are experiencing an explosion in demand, owing, in large part, to the green economy and restricted exports from China, the world’s largest producer. In the coming month, Fieldex Exploration will be focusing its efforts on its Lac Sairs property, which could potentially contain a viable rare-earths deposit. Fieldex Exploration is the larger land owner on the prolific Temiscamingue volcanic greenstone belt with over 52,000 hectares (520 km 2 ) of land. Corporate Profile
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Specializing in base-metals exploration, Fieldex recently expanded its scope of exploration to rare earths following the discovery of major radiometric anomalies on its Lac Sairs property located in the Kipawa alcalin Heavy Rare Earth complex.
Rare earths are experiencing an explosion in demand, owing, in large part, to the green economy and restricted exports from China, the world’s largest producer.
In the coming month, Fieldex Exploration will be focusing its efforts on its Lac Sairs property, which could potentially contain a viable rare-earths deposit.
Fieldex Exploration is the larger land owner on the prolific Temiscamingue volcanic greenstone belt with over 52,000 hectares (520 km2) of land.
Corporate Profile
n Head Office139, Quebec Avenue, Suite 202,Rouyn-Noranda (Quebec) Canada J9X 6M8Tel: 819-762-0609 n Fax: 819-762-0097
n Exploration Office / Coreshack701, Road 382 East,Laverlochere (Quebec) Canada J0Z 2P0Tel: 819-765-2007 n Fax: 819-765-2010
f ie ldexexplorat ion.comin fo@f ie ldexexplorat ion .com
Exchanges TSX Venture, Frankfurt
Symbol FLX, F7E
Authorized Unlimited
Undiluted Shares Outstanding 60 122 018
Closing price January 4th, 2011 $ 0.18
Market Capitalization $ 10.8 M
Warrants Outstanding 6 666 666
Stock Options 4 085 000
Fully Diluted 70 873 684
Proceeds on exercise of all Warrants and Options
$ 2 800 877
Cash Position $ 1.2 M
Investments in Visible Gold Mines (TSX: VGD) 800 000 shares