Vancouver, BC, October 1, 2008 ? Fjordland Exploration Inc. (TSX-V: FEX) announces that the Woodjam Joint Venture, comprised of Fjordland and Cariboo Rose Resources Ltd. (TSX-V: CRB), is pleased to report that reconnaissance drilling on the Deerhorn geophysical target has identified a new area of copper mineralization on the Woodjam property, 40 km east of the city of Williams Lake, BC. Drill holes WJ-08-92 and 93, spaced 100 m apart, have both intersected intervals of quartz-chalcopyrite-magnetite veining as well as disseminated chalcopyrite mineralization in an area approximately 1.5 km northeast of the Megabuck copper-gold zone. The intrusion hosting mineralization in the newly-drilled Deerhorn Zone visually appears similar to that intersected in the Megabuck Zone. The Joint Venture considers this a new discovery that again indicates the good exploration potential on this property. The final reconnaissance exploration drill hole of this phase has been spotted and will be started this week on another un-drilled IP/magnetic geophysical target. Four large areas of copper mineralization have now been identified within an area of 5.0 km by 6.0 km: Megabuck, Takom, Southeast and now Deerhorn.

A sample of molybdenite from the Southeast Zone was submitted to the BC Geological Survey for age dating and has returned a date of approximately 197 million. This date coincides very closely with age dating from Teck Cominco Limited's (TSX: TCK.B) huge Highland Valley Copper mine which returned dates from 191.3 to 198.0 million years. The Southeast Zone has geological characteristics comparable to the Highland Valley Copper mine such as being hosted within a quartz monzonite to monzodiorite and the association of mineralization with quartz stockworks, disseminated and coating fractures. Both deposits are associated with large intrusive complexes or batholiths; Highland Valley Copper with the Guichon Batholith and the Southeast Zone with the Takomkane Batholith. This is a significant new discovery that indicates the favourable potential for discovering new copper-gold-molybdenum deposits in this prolific geological belt.

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.