Vancouver, British Columbia--(Newsfile Corp. - October 5, 2015) - Fjordland Exploration Inc. (TSXV: FEX) announces it will not be proceeding with the financing announced on June 19, 2015. Proceeds of this financing were intended to fund the initial drill testing of several highly encouraging UTEM anomalies recently identified on the South Voisey's Bay Copper-Nickel-Cobalt Project. Due to climate, the drilling season in Labrador for this time of year is drawing to a close and the Company would not be able to complete the planned drill program without incurring additional costs related to weather. The Company has earned 15% interest in the project and intends to participate in future exploration programs proposed by the operator, Commander Resources Ltd.
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company historically focused on the discovery of copper and gold deposits in British Columbia. Fjordland's principal exploration focus is currently nickel-cobalt deposits in Labrador. Fjordland's shares trade on the TSX Venture Exchange under the symbol "FEX". For further information visit Fjordland's website at www.fjordlandex.com.
On behalf of the Board of Directors,
Richard C. Atkinson, P.Eng.
President & CEO
For further information, please call:
FJORDLAND EXPLORATION INC.
Richard C. Atkinson, President and CEO
1-604-805-3232
info@fjordlandex.com
www.fjordlandex.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
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