NICKEL-COPPER MINING: FNX renames deposit for VP Gord Morrison

ONTARIO - FNX Mining of Toronto has renamed the Levack footwall deposit to honour Gord Morrison, the company's senior VP of exploration. He led the team that discovered the deposit in 2005. One of FNX's outstanding assets, the deposit is being readied for commercial production in mid-2010.

Morrison was employed for 32 years by Inco as an exploration geologist in Sudbury and globally. While at Inco, Morrison and his exploration team found several significant deposits, including the company's 153 and Victor footwall deposits plus several nickel contact and offset deposits. He retired from Inco in 2003 and joined FNX.

Morrison has been instrumental in assembling and mentoring the FNX exploration team which is recognized internationally for their exploration success in the Sudbury Basin. Since 2002, he and his team have made nine discoveries on the FNX properties, five of which have been successfully put into production, including the Inter Main, 2000, Main Depths, Levack footwall, and the recently discovered Victoria offset deposits.

The Morrison deposit is a typical Sudbury Basin, high-grade copper-precious metals-nickel occurrence which has, from a limited part of the deposit, current NI 43-101 probable mineral reserves of 1.2 million tonnes at 7.4% Cu, 1.5% Ni, and 6.86 g/t Pt-Pd-Au. The Morrison deposit is open in most directions and is being expanded with ongoing drilling from newly established drill platforms as the in progress development of the deposit expands at depth.

Additional information is available at www.FNXMining.com.