Fjordland Exploration Inc

Published : June 26th, 2008

Re-Analysis Upgrades Drill Results to 402 Metres of 0.44% Copper, 0.006% Molybdenum and 0.079 g/t Go

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Keywords :   Copper | Gold | K Street | Molybdenum | Silver |

 
 
Fjordland Exploration Inc.        
510 Burrard Street, Suite 510
Vancouver, BC  V6C 3A8
Tel  (604) 893-8365
www.fjordlandex.com
 
 
NEWS RELEASE
 

Re-Analysis Upgrades Drill Results to 402 Metres of 0.44% Copper, 0.006% Molybdenum and 0.079 g/t Gold

Drilling to Resume on Southeast Zone of Woodjam Project

Vancouver, BC, June 26, 2008 ? Fjordland Exploration Inc. (TSX-V: FEX) and Cariboo Rose Resources Ltd. (TSX-V: CRB) report that re-analysis of the ICP-ES over-limit samples from drill hole 08-83 in the Southeast Zone of the Woodjam Property, Central British Columbia has resulted in a significant upgrading of results previously reported in News Release 08-12 dated June 15, 2008.  Hole 08-83 intersected 402 metres grading 0.44% copper, 0.006% molybdenum and 0.079 g/t gold.

A table of the re-analyzed samples follows:

Drill Hole

From (m)

To (m)

Core length (m)

Cu%

Mo%

Au g/t

08-83

Including

Including
Including

128.63

128.63

128.63
160.93

530.66

365.00

200.56
200.56

402.03

236.37

71.93
39.63

0.44

0.56

0.80
1.02

0.006

0.003

0.003
0.006

0.079

0.106

0.123
0.221

The hole bottomed in mineralization and was stopped due to bad ground conditions.

Nine samples returned values in excess of the maximum geochemical detection limit of 10,000 ppm (1.0%) copper. An interval of 10.9 metres that was re-analyzed included 7 of these samples and returned 2.12% copper from 180.6 m to 191.5 m. This interval intersected a quartz vein rich in copper mineralization that sub parallels the drill hole.

Stated Tom Schroeter, President of Fjordland, "This style of mineralization has not been observed in previous drilling and indicates potential for the existence of higher grade zones where such veins may concentrate in a stockwork."

Two other narrower intervals of similar high-grade vein mineralization (1.34% Cu over 2.0m and 2.10% Cu over 1.2m) were encountered lower in the hole, further suggesting the potential for higher-grade zones. True widths cannot be determined at this stage.

A drill and crew have been mobilized to the site and it is anticipated the next phase of drilling will begin within a week.  The joint venture has budgeted a 4,000 metre program that will continue to advance the delineation of the Southeast Zone with 100 metre step-outs. The Southeast Zone is a new copper-gold-molybdenum mineralized zone discovered in late 2007, and is rapidly becoming a significant new element in the advancement of the prolific Quesnel Terrane Copper Belt.

Detailed drilling has only tested an area 200 metres by 200 metres along a 1.5 km long IP geophysical anomaly. Two reconnaissance holes were drilled 275 metres south and 750 metres to the southwest of the detailed drill area and both were mineralized from the bedrock interface to the bottom of the hole. All seven vertical holes drilled to date in the Southeast Zone are mineralized top of bedrock to bottom of hole.

Initial analyses were performed by Acme Analytical Laboratories, a certified facility in Vancouver, BC, using multi-element ICP-ES, 2 Acid Digestion (1D) procedures, with gold and silver determined using fire assay procedures. Re-analyses were performed by ICP-ES, 4 Acid Digestion (7TD). External standards were inserted into the sample sequence at a ratio of one standard per twenty-five samples. Bruce Laird, P.Geo, of Mincord Exploration Consultants Ltd. is supervising the 2008 drilling program and sampling protocol. Tom Schroeter, P.Eng./P.Geo.,who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia and the Yukon. Fjordland holds a 60% interest in the 44,413-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 also is 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.

Tom Schroeter
President
Contact:
 
John Gomez
Manager, Investor Relations
Tel: (604) 893-8365
 

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

Fjordland Exploration Inc

EXPLORATION STAGE
CODE : FEX.V
ISIN : CA33833E1034
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Fjordland Expl. is a silver and gold exploration company based in Canada.

Fjordland Expl. holds various exploration projects in Canada.

Its main exploration properties are ASHBY, WOODJAM, QUEST JV, QUEST and BC PROPERTIES in Canada.

Fjordland Expl. is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.1 millions as of today (US$ 1.7 millions, € 1.5 millions).

Its stock quote reached its lowest recent point on January 01, 2016 at CA$ 0.01, and its highest recent level on September 15, 2017 at CA$ 0.59.

Fjordland Expl. has 103 780 000 shares outstanding.

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Financings of Fjordland Exploration Inc
12/14/2011to Complete Flow-Through Private Placement
9/15/2011Closes Final Tranche of Financing
7/6/2011to Raise up to $1.5 Million in Private Placement Financing
8/16/2010Closes Private Placement with Gold Fields
2/19/2009reases Flow-Through Private Placement
2/4/2009to Complete Flow-Through Private Placement
5/23/2008to Raise up to $1 Million in Private Placement Financing
7/3/2006completes private placement
6/1/2006closes first tranche of private placement
Project news of Fjordland Exploration Inc
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2/28/2012Provides Updates on British Columbia Projects
2/9/2012and Capstone Plan Aggressive Exploration Program on Tak Copp...
2/7/2012Options Copper-Gold Property in Southern BC
6/29/2011(Woodjam)and Cariboo Rose to Spin-Off Woodjam Copper-Gold-Molybdenum ...
6/16/2011(Woodjam).: Drilling at Woodjam South (Southeast Zone) Yields 349.3 m...
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2/10/2010(Woodjam)Gold Fields Resumes Drilling at Woodjam North, B.C.
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9/17/2009(Woodjam)Acquires Moffat Property, South of Woodjam Gold-Copper Proje...
1/20/2009(Woodjam)to Present Woodjam Gold-Copper Project at Mineral Exploratio...
1/6/2009(Woodjam)Drilling at Woodjam Returns 0.69% Copper and 0.27 g/t Gold o...
10/1/2008(Woodjam)New Mineralized Zone Discovered by Drilling at the Woodjam, ...
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7/23/2008(Woodjam)Second Drill Rig Added To Woodjam Copper-Gold-Molybdenum Pro...
6/26/2008(Woodjam)Re-Analysis Upgrades Drill Results to 402 Metres of 0.44% Co...
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3/13/2008(Woodjam)Commences Drilling at Woodjam
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5/3/2006(Woodjam)and Wildrose expand gold-copper zone at Woodjam project
Corporate news of Fjordland Exploration Inc
6/20/2016Fjordland Announces Appointment of Kolebaba as Adviser
5/27/2016CanAlaska Options Additional Claims for Diamond Exploration ...
5/25/2016Fjordland Options Athabasca Basin Claims With Potential Kimb...
5/19/2016Fjordland Stakes Additional Claims surrounding Kimberlite Ta...
10/5/2015Fjordland Cancels Non-Brokered Private Placement
6/19/2015Fjordland Announces Non-Brokered Private Placement
11/18/2014Fjordland and Sumac Drill 153 Metres Grading 0.20% Copper an...
8/21/2014Fjordland and Sumac Increase Drilling to 4,500 Metres at Dil...
4/8/2014Fjordland and Sumac Plan 2,500 Metres of Drilling and 2,000 ...
10/24/2013and Sumac Drill 158.5 Metres Grading 0.20% Copper and 0.01g/...
8/7/2013and Sumac Commence Drilling on Dillard Copper-Gold Property,...
5/28/2013and Sumac Announce 2013 Work Programs for Dillard Copper-Gol...
4/4/2013Signs LOI and Preliminary Agreement with Sumac Mines Ltd. on...
2/18/2013President Tom Schroeter Presents "Mining in British Columbia...
10/18/2012Identifies Drill Targets on Dillard Copper-Gold Property, So...
1/17/2012Finds Copper and Gold at Moffat
1/12/2012Tom Schroeter Talks BC Mining at Roundup
12/5/2011(Woodjam)Stay Updated on Woodjam
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9/21/2011(Quest)Enters into Agreement with Major Mining Company to Explore i...
9/1/2011New PowerPoint Presentation
7/5/2011(Woodjam).: Drilling at Woodjam South (Southeast Zone) Yields 264 m G...
6/27/2011Planning Three Drilling Programs in the Kimberley Gold and I...
5/18/2011(Woodjam)Drilling at Woodjam North (Deerhorn Zone) Intersects 207.5 m...
5/16/2011Purchases Exploration Data for Parts of its Milligan Claims,...
5/5/2011Cariboo Rose and Gold Fields Find More Copper (and Gold)
3/31/2011(Woodjam)to Present Woodjam Talk at KEG Conference
7/7/2010Provides Update on Sampling Programs on Six Copper-Gold-Moly...
6/2/2010Expands Tak Gold-Copper Property Portfolio, Central B.C.
3/3/2010Acquires Eight Gold-Copper Properties
9/24/2008and Serengeti Identify Six Priority IP Targets for Follow-Up...
4/8/2008 an Exhibitor at Calgary Resource Conference
4/12/2006(Woodjam)Earns 60% interest in Woodjam gold-copper property
3/20/2006mining analyst Lawrence Roulston initiates coverage on Fjord...
5/26/2005(Woodjam)Commences 2005 Exploration Program at Woodjam Project
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