NQ Exploration Inc.
TSX VENTURE : NQE

NQ Exploration Inc.

February 17, 2009 08:00 ET

NQ Exploration Inc./Carheil Property: Drilling Program on Three Base Metal Targets

LAVAL, QUEBEC--(Marketwire - Feb. 17, 2009) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to announce that an exploration program including 1,200 metres of diamond drilling is set to begin on its Carheil project. This project lies in Brouillan Township, 5 km southwest of Rio Algom Limited's old Les Mines Selbaie operation (production of 44 million tonnes grading an average of 1.05% Cu, 1.98% Zn, 32.1 g/t Ag and 0.47 g/t Au).

Exploration NQ Inc. recently acquired a 100% interest in the property (see press release dated August 4, 2008), which is free of any royalties. Last September, the Company staked 23 additional claims to now hold 32 claims covering a total area of 512 hectares.

The proposed program will test three separate targets identified last year by an infiniTEM-type electromagnetic survey (see press release dated September 24, 2008). Four holes will be drilled in all, and Pulse-EM will be carried out in the holes. Two of the three targets had been identified previously, but their extensions will be tested based on the results of the new survey. The third target was discovered by NQ Exploration Inc.

"Thanks to our infiniTEM results, we believe we now have three excellent base metal targets less than 200 metres from surface," said David Grondin, President of NQ Exploration.

Mr. Pierre Folco, a geologist and qualified person under National Instrument 43-101 on standards of disclosure for mineral projects, has reviewed and approved the technical content of this press release. Mr. Folco will supervise the work to be done on this project.

ABOUT NQ EXPLORATION INC.

NQ Exploration Inc. is a new mining exploration company with a large portfolio of 23 mining properties in the James Bay region of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold, base metal and uranium deposits.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements subject to risks and uncertainties. Consequently, there is no assurance that such statements will prove to be accurate, and actual results and future events may differ considerably from those anticipated by such statements. Such risks and uncertainties are described in the quarterly management discussions and analyses and documents filed with regulatory authorities by NQ Exploration Inc. NQ Exploration Inc. does not undertake to publicly update or revise forward-looking statements on the basis of new information or future events or for any other reason.

The TSX Venture Exchange does not assume any responsibility for the adequacy or accuracy of this press release.

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