NQ Exploration Inc.
TSX VENTURE : NQE

NQ Exploration Inc.

June 10, 2008 13:47 ET

NQ Exploration Inc.: The 2008 Exploration Program in the James Bay Territory, Quebec Begins

LAVAL, QUEBEC--(Marketwire - June 10, 2008) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to announce to its shareholders that the 2008 exploration program has started on its James Bay properties.

Almost $500,000 or 66% of the phase 1 budget, will be spent on the Conviac and Eastmain Nord properties. Conviac and Eastmain Nord are located respectively approximately at 85 and 75 km to the southeast of the Goldcorp's Eleonore project (NI 43-101 indicated resources of 1.83 million ounces of gold). They cover areas of 232 km2 and 265 km2. Previous lake-bottom-sediments and till surveys have outlined numerous areas anomalous in gold or copper-zinc. Geological, geochemical and geophysical data suggest a favourable setting for the discovery of Eleonore-type orogenic gold deposits, and copper-zinc volcanogenic massive sulphide deposits, within an underexplored region of the Opinaca metasedimentary basin.

The remaining $250,000 of the initial budget, will be invested in the Aylmer, Candlestick, Corvet Sud, Duncan, Le Moyne, Morand, Pine Hill, Pine Hill Nord and Star Lake properties. Lake-bottom or till gold, copper-zinc, molybdenum and uranium anomalies and/or showings have been found on each of them. All these properties are underexplored and at the grass-root stage of exploration. The quality and spatial distribution of these anomalies indicate that these properties have the potential for the discovery of new metallic occurrences and eventually deposits.

Exploration works will consist in magnetometer (MAG) airborne surveys, prospecting, geological mapping and till and heavy metal concentrates surveys. The objectives are:

1) to discover the source of the lake-bottom and tills anomalies by finding new mineralized showings and outcrops;

2) to increase the geological knowledge on each project; and

3) finally bring all properties to a more advanced step and eventually drilling for Fall 2008 or in 2009.

Mr. Daniel Bernard, Eng. M.B.A, a Qualified Person under NI 43-101 has revised and approved the technical content of this release. Mr. Bernard will supervise the field work that will be executed on the projects.

About NQ Exploration

NQ Exploration inc. is a new Junior mining exploration company with 24 exploration projects within the James Bay territory in Quebec. NQ Exploration inc. wants to take advantage of the excellent mineral potential and the favourable climate of investments in Quebec to target the discovery of new world-class gold, base metals and uranium deposits.

Forward-looking Statements

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in NQ Exploration periodic reports including the management discussion and analysis quarterly reports or in the filings made by NQ Exploration from time to time with securities regulatory authorities. NQ Exploration undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

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

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