Vancouver, BC, September 3, 2008 ? Fjordland Exploration Inc. (TSX-V: FEX) and Cariboo Rose Resources Ltd. (TSX-V: CRB) report that the 2008 Phase 2 drilling on their newly discovered Southeast Zone on the Woodjam project, located in the road accessible Cariboo region of central British Columbia, has been completed as planned. During the month of August 2008, Cyr Drilling completed approximately 2500 m in 6 holes. The holes were planned to follow up on the very encouraging results from previous limited drilling, e.g. hole WJ-08-83 which graded 0.44% copper, 0.006% molybdenum and 0.079 g/t gold over 402 m, including 0.80% copper, 0.003% molybdenum and 0.123 g/t gold over 71.93 m. All holes were collared in excess of 100-m step-outs.

Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Fjordland holds a 60% interest in the 48,000-hectare Woodjam copper-gold-molybdenum property in south-central British Columbia, and is operator of the project; Cariboo Rose Resources Ltd. holds the remaining 40% interest. Fjordland is also a partner in a 50%-50% joint venture with Serengeti Resources Inc. (TSX-V: SIR) on the QUEST project to explore 27 properties totalling approximately 144,000 hectares in the heart of British Columbia's Quesnel Terrane for precious and base metals. Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol "FEX".  For further information visit the Company's website at www.fjordlandex.com.

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