CARLOTA

Quadra FNX Mining Ltd. announced the 2010 third quarter production results from the Company's wholly owned mines; the Robinson mine located in Nevada, and the Carlota mine located in Arizona, United States, the Franke mine located in Chile, the Podolsky mine located in Ontario, Canada, and the Levack operations which comprise of the Levack mine, including the Morrison deposit and the McCreedy mine, also located in Ontario. Highlights include total production of 57 M lbs of copper and 31,800 oz of precious metals during the quarter.

Quadra FNX Mining announced that it has undertaken a mid-year operating review and as a result has revised production guidance for 2010. Copper production for the combined operations is now expected to be 265 million pounds for the year instead of our previous estimate of 300 million pounds. Gold and precious metal production guidance remains unchanged at 155,000 ounces.

Quadra Mining Ltd. announced the 2010 first quarter production results from its three wholly owned mines, the Robinson Mine located in Ely, Nevada, the Carlota Mine located in Globe-Miami, Arizona and the Franke Mine located in Region II Chile. Combined production was 49.1 million pounds of copper and 26,846 ounces of gold produced for the three months ended March 31st 2010.