Fieldex starts drilling on its rare earth elements Lac Sairs property in Quebec

	    ROUYN-NORANDA, QC, Jan. 22 /CNW Telbec/ - Fieldex Exploration Inc. (FLX:
TSXV and F7E: Frankfurt) commences a drilling program on the Company's Lac
Sairs property located 100 kilometers northeast of North Bay (Ontario) within
northwestern Quebec near the Quebec-Ontario border. The property comprises 56
claim blocks with a total area of approximately 3,200 hectares or 32
square-kilometers.
	    The company intends to drill 17-holes, totaling 2,820 m (see our drill
hole location map on our website at http://www.fieldexexploration.com .
Additional information will be communicated in the near future as the winter
2010 exploration program advances.
	    The property occurs within the Kipawa basin in Proterozoic Grenville
Province. The basin comprised of metamorphosed and folded sedimentary
sequences that have been intruded by composite intrusive bodies. The most
important intrusive rocks on the property an alkaline intrusive complex, which
is also folded along with the sedimentary host rock.

	    Quality Assurance/Quality Control

	    Fieldex Exploration has implemented and adheres to a strict Quality
Assurance/Quality Control program for gold which includes mineralized
standards and blanks 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.

	    Qualified Person

	    The work 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
nickel-copper-platinum group metal deposits located throughout Northern
Quebec, representing over 600 km2. FNX Mining Company owns 6,500,000 shares of
Fieldex Exploration Inc. Fieldex has 57,922,018 shares outstanding, a cash
position of $3.4M and an investment of 800,000 shares in Visible Gold Mines
Inc.

	    Forward-looking Statements

	    This news release contains certain forward-looking statements. These
forward-looking statements are subject to a variety of risks and uncertainties
beyond the ability of Fieldex to control or predict, which could cause actual
events or results to differ materially from those anticipated in such
forward-looking statements, including risks disclosed in filings with the
Canadian securities regulators made by Fieldex. Accordingly, readers should
not place undue reliance on forward-looking statements.

	    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 the release.





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	    /For further information: Martin Dallaire, eng, President & Chief
Executive Officer, (819) 762-0609, Fax: (819) 762-0097,
[email protected]; www.fieldexexploration.com/