Fjordland’s Drilling at Woodjam Breaks Open
the Megabuck Gold-Copper Zone;
New Copper-Gold System Discovered at Takom Zone

Vancouver, BC,
December 14, 2005

Fjordland Exploration Inc. (TSX-V: FEX) reports that drilling at the Woodjam porphyry project in central British Columbia continues to expand the Megabuck gold-copper zone and confirms the potential for a separate very large copper-gold system at the Takom zone. Highlights from the recently completed program include diamond drill hole 05-43 from the Megabuck zone that intersected 1.00 g/t gold and 0.22% copper over 91.7 metres (300 feet) at the bottom of the hole located on the east edge of the Megabuck grid. At the Takom zone, located 2 kilometres south of the Megabuck zone, drill hole 05-48 returned 0.10 g/t gold and 0.12% copper over 82.6 metres and ended in mineralization.

Victor Tanaka, President of Fjordland commented, "The drill results from Megabuck confirm the gold- copper system’s strong likelihood for continued expansion laterally and to depth given that most of the holes ended in mineralization. At Takom, we demonstrated the potential for a copper-gold system that is wide open to depth and laterally." Added Mr. Tanaka, "Based on our exploration success to date, we hope to mount a more aggressive drilling campaign in 2006 to realize the Woodjam property’s potential to host at least two bulk-mineble deposits similar to other profitable current and past producing porphyry deposits in the prolific Quesnel Trough."

In November, the Company completed a six hole program at Woodjam totaling 2,018 metres of diamond drilling based on a recently completed geological interpretation.

Megabuck Zone

At the Megabuck zone, five holes totaling 1,703 metres were drilled on the east-side of the zone. Four holes spaced 50 metres apart successfully intersected the projected easterly extension of the mineral body, encountering long intervals of bulk-mineable style gold-copper mineralization; a fifth hole had to be abandoned before reaching the target horizon due to difficult ground conditions. The mineralized system at Megabuck remains open for expansion to depth, east, north and south.

2005 Drill Results – Megabuck Zone

Description of Drill Holes

Following is a brief description of the drill holes. A location map of the current and historic drill holes can be viewed at http://www.fjordlandex.com/property/BCpropsum.htm.

Hole 05-43: The first core hole of the 2005 program was drilled on the east side of the Megabuck zone to establish the downward extension of mineralization which outcrops 170 metres west. After penetrating a predicted unmineralized interval, the vertical drill hole intersected 178.9 metres grading 0.64 g/t gold and 0.13% copper with the bottom 91.7 metres averaging 1.00 g/t gold and 0.22% copper. The hole stopped in mineralization at 281.3 metres due to drilling problems associated with a wide zone of faulting.

Hole 05-44: Drilled vertically 100 metres north of 05-43. After drilling through a predicted unmineralized upper section, the bottom 109.5 metres averaged 0.38 g/t gold and 0.08% copper. Due to drilling difficulties, the hole was terminated in mineralization at 264.3 metres where the highest-grade mineralization was being encountered: the last 2.2 metre sample assayed 0.81 g/t gold and 0.20% copper.

Hole 05-45: Drilled vertically 50 metres north of 05-44. The hole was terminated at 93.6 metres due to drilling difficulties related to bad ground conditions and did not reach the target zone projected down dip from surface 100 metres west. This hole was not assayed.

Hole 05-46: Drilled 100 metres west of 05-45 and inclined -60 degrees to the east to test the target zone intended for 05-45. The top 116.2 metres assayed 0.70 g/t gold and 0.10% copper including 88.7 metres of 0.81 g/t gold and 0.12% copper. A 74.6 metre interval near the bottom of the hole (303.0 metres to 377.6 metres) graded 0.50 g/t gold and 0.12% copper confirming a second zone of mineralization open to the east and to depth. The entire length of the hole from bedrock surface at 3.0 metres to 421.8 metres averaged 0.32 g/t gold and 0.06% copper.

Hole 05-47: Drilled midway between 05-43 and 05-44 and inclined -60 degrees to the east. Mineralization assayed 0.53 g/t gold and 0.11% copper from bedrock surface to 462.4 metres; this includes 57.6 metres of 1.08 g/t gold and 0.20% copper.

Takom Zone (2 km south of the Megabuck zone)

The Takom zone is defined by a 2 kilometre by 1 kilometre soil geochemical anomaly with copper values ranging from 50 ppm to greater than 10,000 ppm. This strong copper anomaly coincides with a larger induced polarization (IP) geophysical anomaly. In July, the Company conducted shallow reconnaissance reverse circulation (RC) drilling in the Takom zone. Six of eight holes drilled encountered anomalously mineralized host rocks similar to those in the Megabuck zone including a hole that assayed 0.16% copper over almost 40 metres. Based on these encouraging results, a follow-up core hole was recently drilled at Takom to test for greater mineralization at depth. The drill hole encountered significant stretches of copper mineralization with intervals of anomalous gold values.

2005 Drill Results – Takom Zone

Hole 05-48: Drilled at -60 degrees to a depth of 314.2 metres, this hole intersected 0.10 g/t gold and 0.12% copper over 82.6 metres. The hole ended in mineralization that appeared to be getting stronger with depth. This hole is the first deep test of the Takom zone, within the large 2 kilometre long, coincident IP/copper geochemical anomaly, and demonstrates the potential for a bulk tonnage deposit.

Summary

Drill results to date from Woodjam continue to support the property’s potential to host large bulk-mineable gold-copper deposits. At the Megabuck zone, diamond drilling has intersected gold-copper over considerable widths from surface with grades similar to other porphyry gold-copper deposits in the Quesnel Trough mineral belt including Northgate Mineral's (TSX: NGX) Kemess South and Kemess North deposits in northern British Columbia.

The Kemess South Mine, which produces approximately 300,000 ounces of gold and 75 million pounds of copper per year, was commissioned in 1993 with estimated mineable reserves of 200 million tonnes grading 0.63 g/t gold and 0.22% copper. The Kemess North deposit, located 5 kilometres north of Kemess South, has reported proven reserves of 282 million tonnes grading 0.31 g/t gold and 0.16% copper. Based on a feasibility study timetable, Kemess North is scheduled for commercial production in early 2007. Further information about the Kemess gold-copper porphyry deposits is available at http://www.northgateminerals.com.

Further information about the Woodjam gold-copper porphyry property is available at www.fjordlandex.com.

The results of Fjordland’s second phase 2005 drilling program at Woodjam were reviewed, compiled and verified by the Company’s geologists including John Peters, P.Geo., the qualified person as defined by National Instrument 43-101. Global Discovery Labs of Vancouver, BC, an ISO accredited laboratory, completed the analyses.

About Fjordland Exploration Inc.

Fjordland Exploration is a mineral exploration company focused on the discovery of gold, silver and base metal deposits. The Company holds options to earn 100% interests in three gold-silver properties located in Nevada and California, USA. In Canada, Fjordland has a 60% earn-in option from Wildrose Resources Ltd. (TSX-V: WRS) on the 4,550 hectare Woodjam gold-copper project located in central British Columbia. Fjordland's shares trade on the TSX Venture Exchange under the symbol "FEX". For further information visit www.fjordlandex.com.

Victor A. Tanaka
President

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For further information, please contact:

John Gomez Investor Relations Fjordland Exploration Inc. Telephone: (604) 893-8365 Facsimile: (604) 669-8336 Website: www.fjordlandex.com Email: jgomez@fjordlandex.com

 

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