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Fjordland Exploration Inc.: Drilling at Woodjam South (Southeast Zone) Yields 349.3 m Grading 0.36% Copper, 0.05 g/t Gold and 0.006% Molybdenum

Fjordland Exploration Inc. (News - Market indicators) and Cariboo Rose Resources Ltd. (TSX VENTURE:CRB), 60%-40% partners in the Woodjam Joint Venture ("WJV"), report that Gold Fields Limited's (NYSE:GFI) exploration company, Gold Fields Horsefly Exploration Corporation ("Gold Fields"), has forwarded drill results from three new holes (1,214.6 m) of the 2011 infill and expansion diamond drilling program on the Southeast Zone of the Woodjam South copper-gold-molybdenum property. The Property is located 45 km east of Williams Lake in south-central British Columbia.
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Mots clés associés :   Capstone | Copper | Ghana | Kootenay Gold |

At Woodjam South, a 15,000-metre (m) drilling program (5,000 m infill, 6,000 m expansion drilling, and 4,000 m unallocated) commenced on March 16th in the core area measuring 800 m by 630 m to a depth of more than 400 m. A number of the drill sites are planned to allow calculation of an inferred pit-constrained NI 43-101 compliant resource by the end of 2011. This work program is part of Gold Fields' $5 million budget announced on March 2, 2011. This initial drilling program, utilizing two rigs, concentrated on the southern and southeastern areas of the core area of mineralization, primarily dictated by access logistics during the spring months. Drilling will next test the northern and northwestern areas of the core area of mineralization. To date, nineteen holes totaling more than 8,000 m have been completed; further results will be reported in batches when received. A drill location map may be viewed at www.fjordlandex.com/news/nr11-11b.pdf.

Southeast Zone Drilling:

Hole ID From (m) To (m) Int. (m) Cu% Au g/t Mo% Cu Eq %
SE11-22 125.0 474.3* 349.3 0.36 0.05 0.006 0.42
Including 125.0 178.0 53.0 0.67 0.04 0.005 0.73
Including 360.0 420.0 60.0 0.33 0.05 0.010 0.42
SE11-24 167.0 461.2* 294.2 0.20 0.03 0.009 0.27
Including 187.0 338.0 151.0 0.27 0.04 0.012 0.36
Including 388.4 461.2* 72.7 0.20 0.02 0.012 0.29
SE11-26 147.0 404.2* 257.2 0.19 0.03 0.010 0.27
Including 227.8 404.2* 176.4 0.21 0.03 0.014 0.31
Including 326.0 402.0 78.2 0.23 0.03 0.019 0.36

Table Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb Cu, US$950/oz Au and US$15/lb Mo and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz) + (%Mo x 22 x Price Mo/lb))/ (Price Cu/lb x 22). * = end of hole. Metallurgical recoveries and net smelter returns are not considered.

Hole SE11-22 was collared between holes SE10-01, WJ08-89 and WJ08-85, along the interpreted southern portion of the higher-grade core area, and encountered copper-molybdenum mineralization from the top of the bedrock to the end of the hole at 474.3 m. The final 2.3-m sample interval assayed 0.24% Cu and 0.02 g/t Au (0.26% Cu Eq).

Hole SE11-24 was collared between holes WJ07-73 and WJ08-86 and approximately 200 m east of SE10-01 and 200 m west of SE10-08, along the interpreted southeastern portion of the higher-grade core area, and encountered copper-molybdenum mineralization from the top of the bedrock to the end of the hole at 461.2 m. A 50.5-m unmineralized porphyry dyke intrudes the mineralized rocks between 338.0 m and 388.4 m.

Hole SE11-26 was collared between holes WJ08-86 and WJ08-95, along the interpreted southeastern portion of the higher-grade core area, and encountered copper-molybdenum mineralization from the top of the bedrock to the end of the hole at 404.2 m. The final 78.2 m of the hole assayed 0.019% Mo.

Assay results for holes SE11-23 and SE11-25 have not yet been approved under the project's strict quality control/quality assurance procedures.

All 42 drill holes reported on the Southeast Zone to date are mineralized from the overburden/bedrock interface to the bottoms of the holes, with the exception of one reconnaissance hole (SE10-20), drilled approximately 800 m north of the northern-most mineralized hole (SE10-07) and for two occurrences of host rock displacement by narrow, younger basalt dykes. The current drilling program is testing mineralization to depths of about 400 m; however, the deepest hole to date (WJ08-82) is just over 700 m and ended in mineralization.

Fjordland President Tom Schroeter says: "Assay results from this ongoing infill and expansion drilling program continue to be very positive with the potential to increase the mineralized zone already defined in the Southeast Zone. We look forward to further positive results from this program, culminating in a 43-101 inferred resource before the end of 2011."

Core samples were analyzed by ALS Laboratory Group, a certified facility in North Vancouver, BC. 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 is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Of the 28 properties Fjordland owns, the Woodjam North and Woodjam South properties (totaling 56,150 ha) are part of the Woodjam Joint Venture between Fjordland (60%) and Cariboo Rose Resources Ltd (40%); both properties are under separate option agreements to Gold Fields Horsefly Exploration Corporation. Fjordland also has a 100% interest in 7 properties known as "Tak" totaling 52,342 ha in the Woodjam area. Fjordland has a 100% interest in the 2,192 ha "Milligan" project, adjoining Thompson Creek Metals Company Inc.'s Mt. Milligan copper-gold deposits on the west. The Tak-Milligan properties have been optioned to Capstone Mining Corp. Fjordland and Serengeti Resources Inc. are 41%/59% partners exploring 12 properties (QUEST Project) totaling 56,670 ha in the Quesnel terrane north of Woodjam for precious and base metals. Fjordland has a 100% interest in 8 properties totaling 60,047 ha in the Iron Range area and has an option agreement on 7 properties totaling 21,222 ha with Kootenay Gold Inc. in southeastern BC. Fjordland's shares trade on the TSX Venture Exchange under the symbol "FEX". For more information visit Fjordland's website at www.fjordlandex.com.

About Gold Fields Limited

Gold Fields is one of the world's largest unhedged producers of gold with attributable, annualized production of 3.6 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 77 million ounces and Mineral Resources of 225 million ounces. For more information visit the company's website at www.goldfields.co.za.

Tom Schroeter, President & CEO

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

Fjordland Exploration Inc.
John Gomez
Investor Relations
604-893-8365
604-669-8336 (FAX)
www.fjordlandex.com
Données et statistiques pour les pays mentionnés : Ghana | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Ghana | Tous

Fjordland Exploration Inc

EXPLORATEUR
CODE : FEX.V
ISIN : CA33833E1034
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Fjordland Expl. est une société d’exploration minière d'argent et d'or basée au Canada.

Fjordland Expl. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont ASHBY, WOODJAM, QUEST JV, QUEST et BC PROPERTIES au Canada.

Fjordland Expl. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,1 millions CA$ (1,7 millions US$, 1,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 01 janvier 2016 à 0,01 CA$, et son plus haut niveau récent le 15 septembre 2017 à 0,59 CA$.

Fjordland Expl. possède 103 780 000 actions en circulation.

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Financements de Fjordland Exploration Inc
14/12/2011to Complete Flow-Through Private Placement
15/09/2011Closes Final Tranche of Financing
06/07/2011to Raise up to $1.5 Million in Private Placement Financing
16/08/2010Closes Private Placement with Gold Fields
19/02/2009reases Flow-Through Private Placement
04/02/2009to Complete Flow-Through Private Placement
23/05/2008to Raise up to $1 Million in Private Placement Financing
03/07/2006completes private placement
01/06/2006closes first tranche of private placement
Projets de Fjordland Exploration Inc
11/09/2012(Tak-milligan)Regains 100% Interest in the Tak-Milligan Copper-Gold-Molybd...
28/02/2012Provides Updates on British Columbia Projects
09/02/2012and Capstone Plan Aggressive Exploration Program on Tak Copp...
07/02/2012Options Copper-Gold Property in Southern BC
29/06/2011(Woodjam)and Cariboo Rose to Spin-Off Woodjam Copper-Gold-Molybdenum ...
16/06/2011(Woodjam).: Drilling at Woodjam South (Southeast Zone) Yields 349.3 m...
07/06/2011(Woodjam)Woodjam Joint Venture and Gold Fields Add Ground to Woodjam ...
02/06/2011(Tak-milligan)Commences Reconnaissance Induced Polarization Surveys on Tak...
20/05/2011(Woodjam)Drilling at Woodjam South Yields 349.9 m Grading 0.33% Coppe...
12/05/2011(Woodjam)Drilling at Woodjam North Intersects 160.3 m Grading 1.03g/t...
25/03/2011(Woodjam).-Woodjam North: Deerhorn Zone Drill Hole Intersects 151.5 m...
02/03/2011(Woodjam)Gold Fields Plans Major Drilling Programs at Woodjam Gold-Co...
06/07/2010(Woodjam)Gold Fields Completes Due Diligence on Woodjam South Propert...
26/05/2010(Woodjam)Gold Fields Granted Option on Woodjam South Copper-Gold Prop...
21/04/2010(Woodjam)Drilling at Woodjam North Intersects 61.9 m Grading 0.82 g/t...
10/02/2010(Woodjam)Gold Fields Resumes Drilling at Woodjam North, B.C.
23/09/2009(Woodjam)Gold Fields Initiates $3 Million Program at Woodjam North Go...
17/09/2009(Woodjam)Acquires Moffat Property, South of Woodjam Gold-Copper Proje...
20/01/2009(Woodjam)to Present Woodjam Gold-Copper Project at Mineral Exploratio...
06/01/2009(Woodjam)Drilling at Woodjam Returns 0.69% Copper and 0.27 g/t Gold o...
01/10/2008(Woodjam)New Mineralized Zone Discovered by Drilling at the Woodjam, ...
03/09/2008(Woodjam) Phase 2 Drilling Completed at Southeast Zone Discovery of W...
23/07/2008(Woodjam)Second Drill Rig Added To Woodjam Copper-Gold-Molybdenum Pro...
26/06/2008(Woodjam)Re-Analysis Upgrades Drill Results to 402 Metres of 0.44% Co...
21/05/2008(Woodjam) Drilling Intersects 571 Metres (1,873 feet) of 0.35% Copper...
31/03/2008(Quest Jv)Expand QUEST Project and Complete Additional Airborne Survey...
13/03/2008(Woodjam)Commences Drilling at Woodjam
26/02/2008(Woodjam) and Cariboo Rose Add Ground to WOODJAM Copper, Gold, Molybd...
03/05/2006(Woodjam)and Wildrose expand gold-copper zone at Woodjam project
Communiqués de Presse de Fjordland Exploration Inc
20/06/2016Fjordland Announces Appointment of Kolebaba as Adviser
27/05/2016CanAlaska Options Additional Claims for Diamond Exploration ...
25/05/2016Fjordland Options Athabasca Basin Claims With Potential Kimb...
19/05/2016Fjordland Stakes Additional Claims surrounding Kimberlite Ta...
05/10/2015Fjordland Cancels Non-Brokered Private Placement
19/06/2015Fjordland Announces Non-Brokered Private Placement
18/11/2014Fjordland and Sumac Drill 153 Metres Grading 0.20% Copper an...
21/08/2014Fjordland and Sumac Increase Drilling to 4,500 Metres at Dil...
08/04/2014Fjordland and Sumac Plan 2,500 Metres of Drilling and 2,000 ...
24/10/2013and Sumac Drill 158.5 Metres Grading 0.20% Copper and 0.01g/...
07/08/2013and Sumac Commence Drilling on Dillard Copper-Gold Property,...
28/05/2013and Sumac Announce 2013 Work Programs for Dillard Copper-Gol...
04/04/2013Signs LOI and Preliminary Agreement with Sumac Mines Ltd. on...
18/02/2013President Tom Schroeter Presents "Mining in British Columbia...
18/10/2012Identifies Drill Targets on Dillard Copper-Gold Property, So...
17/01/2012Finds Copper and Gold at Moffat
12/01/2012Tom Schroeter Talks BC Mining at Roundup
05/12/2011(Woodjam)Stay Updated on Woodjam
28/11/2011Encounters Mineralization in Drilling on Tak (Moffat) and Re...
21/09/2011(Quest)Enters into Agreement with Major Mining Company to Explore i...
01/09/2011New PowerPoint Presentation
05/07/2011(Woodjam).: Drilling at Woodjam South (Southeast Zone) Yields 264 m G...
27/06/2011Planning Three Drilling Programs in the Kimberley Gold and I...
18/05/2011(Woodjam)Drilling at Woodjam North (Deerhorn Zone) Intersects 207.5 m...
16/05/2011Purchases Exploration Data for Parts of its Milligan Claims,...
05/05/2011Cariboo Rose and Gold Fields Find More Copper (and Gold)
31/03/2011(Woodjam)to Present Woodjam Talk at KEG Conference
07/07/2010Provides Update on Sampling Programs on Six Copper-Gold-Moly...
02/06/2010Expands Tak Gold-Copper Property Portfolio, Central B.C.
03/03/2010Acquires Eight Gold-Copper Properties
24/09/2008and Serengeti Identify Six Priority IP Targets for Follow-Up...
08/04/2008 an Exhibitor at Calgary Resource Conference
12/04/2006(Woodjam)Earns 60% interest in Woodjam gold-copper property
20/03/2006mining analyst Lawrence Roulston initiates coverage on Fjord...
26/05/2005(Woodjam)Commences 2005 Exploration Program at Woodjam Project
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