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Fjordland Exploration Inc

Publié le 18 novembre 2014

Fjordland and Sumac Drill 153 Metres Grading 0.20% Copper and 0.09 g/t Gold on Dillard Property, Southern British Columbia

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Fjordland and Sumac Drill 153 Metres Grading 0.20% Copper and 0.09 g/t Gold on Dillard Property, Southern British Columbia

Microsoft Word - nr14-13 Prelim.doc

TSX Venture Exchange: FEX Website: www.fjordlandex.com Email: [email protected]

NEWS RELEASE NR#14-13

Fjordland and Sumac Drill 153 Metres Grading 0.20% Copper and 0.09 g/t

Gold on Dillard Property, Southern British Columbia

Vancouver, BC, November 18, 2014 - Fjordland Exploration Inc. (TSXV: FEX) is pleased to announce results from its recently completed exploration program on its 2,592 hectare Dillard porphyry copper-gold project, located between Merritt and Princeton in southern British Columbia. A drill location map may be viewed at http://www.fjordlandex.com/news/nr14-13b.pdf. The 2014 work programs on Dillard was part of a staged, systematic exploration program, budgeted at approximately

$900,000, under an option agreement with Sumac Mines Ltd., a subsidiary of Sumitomo Metal Mining
Co. Ltd. (see news releases dated April 4, 2013 and May 28, 2013).
Exploration consisted of preliminary soil sampling in the Dillard East target followed up with 2,070 metres of surface trenching in 10 locations. A diamond drill program, designed to test geochemical and geophysical targets as well as possible depth extensions of historically reported copper-gold mineralization, consisted of 5,574 metres drilling in 14 holes. Both Dillard East and West targets were tested.
The Dillard West target, measuring approximately 1,400 m by 1,200 m, includes coincident induced polarization (IP) chargeability and copper and gold soil anomalies. Numerous historic drill holes in Dillard West bottomed in mineralization during Placer Dome's 1991 drilling program with a reported intersection of 207 metres grading 0.25% copper. The 2013 drill program (4 holes totalling 1,588 metres) completed by Fjordland intersected copper-gold mineralization including 153 metres grading
0.20% copper and 0.09 g/t gold. Seven diamond drill holes totaling 3,160 metres were drilled in the
Dillard West target area in 2014.
The Dillard East target, measuring approximately 2,000 m by 1,500 m, is located approximately 3.5 kilometres east of the Dillard West target. Previous exploration delineated coincident IP chargeability and copper-in-soil geochemical anomalies. Follow-up surface rock sampling in the area yielded assays up to 1.6% copper. The 2014 soil sampling program delineated a prospective strong copper-in-soil anomaly extending 1,700 x 350 metres. Mechanized surface trenching was completed in 10 trenches over the soil anomaly intersecting Nicola volcanics and diorites. Intersections highly anomalous in copper were discovered including 27 metres grading 0.13% copper within 60 metres of 0.10% copper in trench TR14-06. Seven diamond drill holes totaling 2,414 metres were drilled in the Dillard East target area.
A Management Committee meeting composed of representatives from both Fjordland and Sumac is scheduled to review the data from the entire program and results will be reported on in early 2015. A summary of notable drill intersections from the 2014 drilling program follows:

- 2 -

Hole Number

From (m)

To (m)

Interval (m)

% Cu

ppb Au

Zone

DI14-07

19

121

102

0.18

75

West

and

247

280

33

0.17

90

West

DI14-08

40

97

57

0.13

67

West

and

394

487

93

0.12

33

West

DI14-09

33

162

129

0.14

58

West

Including

93

150

57

0.19

73

West

DI14-10

27

45

18

0.12

123

West

and

81

180

99

0.14

61

West

DI14-11

57

87

30

0.13

91

West

DI14-12

93

111

18

0.22

97

West

DI14-13

111

132

21

0.11

14

East

DI14-14

105

120

15

0.10

10

East

DI14-15

12

21

9

0.14

3

East

DI14-16b

12

24

12

0.01

1,223

East

and

465

471

6

0.22

246

East

DI14-19

105

258

153

0.20

90

West

and

303

312

9

0.25

101

West

Notes: Intervals are core lengths and no attempts were made to correct for true thickness. Metallurgical recoveries and net smelter returns are not considered.

Core samples were analyzed by ALS Minerals Ltd, a certified analytical laboratory facility in Vancouver, BC. L. John Peters, 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 historically focused on the discovery of copper and gold deposits in British Columbia. Fjordland currently has a portfolio of 18 properties in British Columbia. The principal project is the Dillard Project which is subject to an Option Agreement with Sumac Mines Ltd.(Sumac) an affiliate of Sumitomo Metal Mining. Sumac may earn a 51% interest in the project by expending $3,500,000 over a 3 year period. Fjordland is the current operator. Fjordland has recently executed an option agreement pursuant to which the Company may earn a majority interest in the South Voisey's Bay Project. Commander Resources Ltd. as the Operator has initiated a program of ground geophysical surveys designed to locate, expand and delineate previously identified Ni-Cu-Co targets. Fjordland's shares trade on the TSX Venture Exchange under the symbol "FEX". For further information visit Fjordland's website at www.fjordlandex.com.

About Sumac Mines Ltd.

Sumac Mines Ltd. (Sumac) is a mineral exploration company based in Vancouver and a subsidiary of Sumitomo Metal Mining Co., Ltd. (SMM). Sumac has explored many copper projects in British Columbia since the early 1970s, resulting in the discovery of the Kutcho Creek deposit in the northern part of the province. Sumac is currently exploring for copper and gold in British Columbia and the Yukon. The parent company, SMM, is an integrated non-ferrous mining, smelting, refining and manufacturing company, headquartered in Tokyo, Japan. SMM operates the Hishikari gold mine in Japan and the Pogo gold mine in Alaska, and has invested in many large copper mines worldwide.

On behalf of the Board of Directors,

"Richard C. Atkinson"

Richard C. Atkinson
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Trench

2013 drillhole

2014 drilllhole

5,515,000 mN

DI13-05

DI13-06

DILLARD WEST

DI14-17

DI13-01

DI14-12

DI14-07

5,514,000 mN

DI14-11

DI14-19

DI14-08

DI14-18

DI14-16+16b

DI13-04

DI14-09+10

DI13-03

DI14-13+14

DILLARD EAST

DI14-15

5,513,000 mN

0 500 1,000

metres

Dillard Property

2014 Drill Location Map

Lire la suite de l'article sur www.noodls.com

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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