Phase 2 Drilling Completed At Woodjam Property

VANCOUVER, BC - Fjordland Exploration Inc. and Cariboo Rose Resources Ltd. report that the 2008 Phase 2 drilling on their newly discovered Southeast Zone on the Woodjam project, located in the road accessible Cariboo region of central British Columbia, has been completed as planned. During the month of August 2008, Cyr Drilling completed approximately 2500 m in 6 holes. The holes were planned to follow up on the very encouraging results from previous limited drilling, e.g. hole WJ-08-83 which graded 0.44% copper, 0.006% molybdenum and 0.079 g/t gold over 402 m, including 0.80% copper, 0.003% molybdenum and 0.123 g/t gold over 71.93 m. All holes were collared in excess of 100-m step-outs.
To date, fifteen vertical holes totalling in excess of 6000 m have now been completed on the Southeast Zone over a strike length of approximately 1000 m, within a 1.5 km-long induced polarization chargeability anomaly. Twelve of the fifteen holes were grid drilled in an area of 500 m by 300 m. All holes intersected mineralization from the bedrock interface to the end of each hole, with hole 08-82 intersecting 571 m of mineralization to a depth of 700 m. This drilling on the Southeast Zone as well as the historical results from the Megabuck Zone have recently garnered a great deal of interest in the Woodjam project.
Drilling of selected induced polarization chargeability anomalies believed to be copper-gold targets is ongoing, including one on the Takom Zone and two on the Deerhorn Anomaly. Drilling is expected to continue until the end of September.
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.
The company's address is 510 Burrard Street, Suite 510, Vancouver, BC V6C 3A8, (604) 893-8365, fax: (604) 669-8336.