Fjordland and Sumac Announce 2013 Work Programs for Dillard Copper-Gold
Property, Southern British Columbia
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/28/13 -- Fjordland
Exploration Inc. (TSX VENTURE:FEX) is pleased to announce the 2013
work and budget programs, estimated at $800,000, for the Dillard
porphyry copper-gold project located between Merritt and Princeton in
southern BC. The programs will be staged, commencing with 37.3 line
kilometres of ground induced polarization and magnetic surveys during
June, 280 line-kilometres of high-resolution aeromagnetic and
radiometric surveys in early July, followed by approximately 2,000
metres of diamond drilling in August. Drilling will test for
additional mineralization, including possible depth extensions of
mineralization in holes that bottomed in mineralization during Placer
Dome's 1991 historic drilling program on the Dill (Primer South)
property, as well as first-time testing of recently discovered copper
mineralization at the Dillard East property. Fjordland is the
operator of the programs.
Tom Schroeter, President and CEO of Fjordland states: "We are excited
about this year's program - the first significant systematic
exploration program on the combined properties since 1991. The area
between Aspen Grove and Princeton is heating up, with several
companies having announced drilling programs planned this season."
About Fjordland Exploration Inc.
Fjordland Exploration is a mineral exploration company focused on the
discovery of gold, copper and molybdenum deposits in British
Columbia. Fjordland currently has a portfolio of 25 properties. It
has a 100% interest in 5 properties known as "Tak" totaling 43,486 ha
situated near the Woodjam Property in the Cariboo region of central
BC. Fjordland and Serengeti Resources Inc. (TSX VENTURE:SIR) are
(50/50) partners in the "Milligan West" property totaling 15,736 ha,
adjoining Thompson Creek Metals Ltd's Mt. Milligan copper-gold
deposits. Fjordland and Serengeti Resources Inc. are 35%/65% partners
exploring 10 precious and base metals properties ("QUEST" Project)
totaling 49,753 ha in the Quesnel Terrane between Imperial Metals'
Mount Polley Mine and Thompson Creek Metals' Mt. Milligan deposit.
Xstrata Copper has one property under option from Fjordland and
Serengeti under a separate "QUEST (Xstrata)" option agreement.
Fjordland has a 100% interest in the "St. Mary's" property totaling
13,600 ha in the Iron Range in southeastern BC. Fjordland has options
to acquire a 100% interest in the adjoining Dillard and Dill
(collectively named "Dillard") copper and gold properties, located
north of Princeton. Sumac Mines Ltd. has an option with Fjordland to
acquire a 51% interest in the Dillard property. 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.
T.G. Schroeter, P.Eng./P.Geo., who is a qualified person within the
context of National Instrument 43-101, has read and takes
responsibility for this news release.
Tom Schroeter, President & CEO
Neither TSX Venture Exchange nor its Regulation Services providers
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Fjordland Exploration Inc.
Manager, Investor Relations
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