COPPER MINING: Morrison output reaches commercial rate

ONTARIO - Quadra FNX Mining of Vancouver reports that production has reached commercial levels at its Morrison copper-precious metals deposit on Sept. 1, 2010, near Sudbury. The deposit yielded 57 million lb of copper during the pre-production phase, including 29,300 tonnes of ore grading 11.2% Cu during Q3 2010. Mining will continue at a rate of 1,000 to 1,200 t/d.

Morrison is a footwall deposit similar to other footwall deposits in the Sudbury Basin. The deposit is located below the 2600 level of the Levack mine, and current development will allow mining to the 4000 level. The deposit has reserves of 1.3 million tonnes at 7.5% Cu, 1.5% Ni and 6.5 g/t PM plus measured and indicated resources of 1.35 million tonnes at 8.7% Cu, 1.8% Ni and 7.5 g/t PM.

Details of the Morrison development and informative long sections are posted at www.QuadraFNX.com.