Drill Targets Identified On Dillard Copper-Gold Property

VANCOUVER - Fjordland Exploration Inc. reported that ground geophysical and geological surveys completed this summer, along with work compiled from previous exploration, have resulted in the identification of several anomalies that are ready for drilling in 2013 on its 2600-hectare Dillard copper-gold property in southern BC. The 2012 geophysical surveys have led to the identification of coincident copper-gold soil and IP anomalies in two areas measuring approximately 2000 metres (m) by 800 m, and 1500 m by 1000 m. Several new showings of copper and gold mineralization have also been discovered in these recently logged areas over the past year.

During 2012, Fjordland completed retrieval, restoration and reboxing of much of the 2020 m of core drilled on the Dill property by Placer Dome Inc. in 1991. The core, along with the core logs and assays, provide valuable information in planning for additional drilling. A susceptibility survey was then completed over the reconditioned core, totaling approximately 40% of the 1991 drill program. Fjordland also completed 23.3 line-kilometres (km) of ground magnetic surveying and 11 line-km of induced polarization (IP) surveying over selected areas on the Dillard property.

On the Dill property, shallow drilling by Placer Dome in 1991 tested an area measuring approximately 1300 m in length and 400 m in width, which covers only a part of coincident copper-gold soil and IP anomalies measuring approximately 1600 m by 700 m, and 1500 m by 900 m, respectively. The best intersection from the 1991 drilling included an interval of 187.2 m grading 0.24% copper and 97 parts per billion (ppb) gold, including 65.7 m grading 0.35% copper and 149 ppb gold. A number of the drill holes bottomed in mineralization at depths of up to 220 m.

Fjordland President Tom Schroeter commented, "Despite the challenging financial markets during the summer of 2012, we have defined several potential drill targets on both the Dill and Dillard properties for 2013. The excellent infrastructure in the area is a significant bonus to spending money efficiently."

The company's address is 1111 Melville Street, Suite 1100, Vancouver, BC V6E 3V68, (604) 893-8365, fax: (604) 669-8336.