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Fjordland Exploration Inc

Publié le 07 juillet 2010

Provides Update on Sampling Programs on Six Copper-Gold-Molybdenum Prospects in North-Central BC

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Mots clés associés :   Copper | K Street |

 

Fjordland Exploration Inc.

510 Burrard Street, Suite 510

Vancouver, BC  V6C 3A8

Tel:  604-893-8365

www.fjordlandex.com

 

 

NEWS RELEASE

 

 

Fjordland Provides Update on Sampling Programs on Six Copper-Gold-Molybdenum Prospects in North-Central BC

 

New Soil Test Program Utilized to Identify Blind Porphyry Mineral Deposits                                                                                                     

 

Vancouver, B.C., July 7, 2010 ? Fjordland Exploration Inc. (TSX-V: FEX) has received notice from its joint venture partner, Serengeti Resources Inc. (TSX-V: SIR), that it has recently completed an extensive geochemical sampling program on six properties held by the QUEST Joint Venture (Serengeti 59% and Fjordland 41%) in the Quesnel trough of north-central British Columbia.  The goal of the survey is to upgrade and prioritize the porphyry copper-gold-molybdenum targets for future drill testing. The exploration program utilized a new soil test method that has been effective in identifying blind porphyry mineral deposits in glacial environments.  

 

To date, the QUEST JV has spent roughly $1.2 million on acquisition, target development and exploration. The QUEST JV was formed in 2007 with the stated goal of identifying porphyry deposits in the central portion of the underexplored and highly prospective Quesnel trough, consisting initially of 18 properties covering 115,000 hectares. Past exploration in this part of British Columbia has been hampered by the presence of extensive tracts of glacial overburden. Recent exploration successes within the province and around the world demonstrate that prospective terrains under cover can be successfully explored by experienced exploration teams. In addition, a recently published study carried out by Geoscience BC over Serengeti?s Kwanika copper-gold-molybdenum deposit demonstrated that employing new methods such as Ah soil geochemical and pH soil testing can be highly successful in identifying blind porphyry deposits within glaciated environments.  This same test method was used at the six QUEST properties.

 

Work completed to date on the QUEST JV properties includes airborne magnetic surveys, follow-up ground induced polarization and magnetic surveys, as well as soil geochemical surveys and prospecting. The current portfolio consists of 10 properties covering 56,600 hectares, located from south of Imperial Metal?s (TSX: III) Mount Polley copper-gold mine to Terrane Metals? (TSX-V: TRX) Mt. Milligan gold-copper deposits, which are being readied for development. Most recently, the portfolio was expanded to include a promising target area at Reid Lake, located 20 kilometers northwest of Prince George. This property adjoins a large block of claims to the north held by Xstrata Copper. Xstrata already holds a large claim package and has been operating in the area since 2007. In April 2009, Xstrata made an option agreement with Rimfire Minerals Corp (now Kiska Metals Corp) on seven properties in the area, whereby it can earn up to a 75% interest in them. Xstrata is conducting a large exploration program in the area this summer, including drilling.

 

Serengeti, as operator, funded the 2010 geochemical survey program and as a result is expected to increase its ownership in the joint venture to approximately 62%. Fjordland maintains the right to participate in any future work.

 

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. Of the 20 properties Fjordland currently owns, the Woodjam North and 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 now under option to Gold Fields Horsefly Exploration Corporation. Fjordland also has a 100% interest in 7 other properties (?Tak Package?) totaling 52,342 ha in the Woodjam area. Fjordland and Serengeti are 41%/59% partners (QUEST) exploring 10 properties totaling 56,670 ha in the Quesnel trough north of Woodjam for precious and base metals. Fjordland also has a 100% interest in two claim blocks immediately west of the Mt. Milligan deposits in central BC.  Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol ?FEX?. For more information visit the Company?s website at www.fjordlandex.com.

 

Tom Schroeter

President & CEO

 

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 or accuracy of the release.

 

 

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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