Vancouver, British Columbia--(Newsfile Corp. - May 19, 2016) - Fjordland Exploration Inc. (TSXV: FEX) has staked an additional 40,000 hectares of claims for a total of 84,809 hectares surrounding the recently announced DeBeers Canada Inc. ("DeBeers") / CanAlaska Uranium Ltd. ("CanAlaska") project in the northwestern part of the Athabasca Basin in Saskatchewan.
CanAlaska announced on May 18, 2016 that it had entered into an agreement with DeBeers Canada Inc. whereby DeBeers was granted a multi-stage option agreement which allows DeBeers to carry out a series of work programs to earn into the CanAlaska project by expending up to $20.4 million. To view CanAlaska's news release of that date, please visit the following link: http://www.CanAlaska.com/s/News.asp?ReportID=749539
For a current map depicting CanAlaska's and Fjordland's holdings visit the following link: http://www.fjordlandex.com/galleries/westa1.html Richard C. Atkinson, President and Chief Executive Officer comments that "If the circular magnetic anomalies observed in the area are kimberlite, Fjordland will be well positioned in a new Canadian kimberlite field"
Fjordland is currently planning phase 1 exploration program for its claims.
CanAlaska announced on February 18, 2016 that they had staked approximately 75 kimberlite targets in this region based on government airborne magnetic data. Fjordland announced on March 16, 2016 the initial acquisition, by staking, of eight claim groups.
Victor Tanaka, P.Geo., a Director of Fjordland is a non-independent qualified person within the context of National Instrument 43-101, has reviewed the content of this news release.
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company currently focused on diamond exploration. For further information visit Fjordland's website at www.fjordlandex.com
On behalf of the Board of Directors,
"Richard C. Atkinson"
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
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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.
