Fjordland Exploration Inc.: Ongoing Drilling at Woodjam South Continues

- January 5th, 2011

Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd., (ETR:6CR) report that “Gold Fields” latest drilling results continue to expand the copper-gold-molybdenum zone at the Woodjam South property.

Fjordland Exploration Inc. (TSXV:FEX) and Cariboo Rose Resources Ltd., (ETR:6CR) report that “Gold Fields” latest drilling results continue to expand the copper-gold-molybdenum zone at the Woodjam South property.

The press release is quoted as saying:

Hole SE10-17 was collared approximately 200 m southwest of hole SE10-15 which assayed 307.9 m grading 0.23% Cu, 0.02g/t Au and 0.004% Mo, including 108.0 m grading 0.41% Cu, 0.04g/t Au and 0.002% Mo. Hole SE10-18 was collared approximately 125 m north-northeasterly of hole 15. Hole SE10-19 was collared approximately 140 m south of hole SE10-07 which assayed 234.6 m grading 0.24% Cu, 0.03g/t Au and 0.001% Mo, including 51.6 m grading 0.45% Cu, 0.04g/t Au and 0.002% Mo. Hole SE10-20, drilled approximately 760 m north of hole SE10-07 (234 m grading 0.24% Cu and 0.001% Mo, including 51.6 m grading 0.45% Cu and 0.002% Mo and bottoming in well mineralized rock), appears to be located outside the zone of mineralization.

Click here to access the entire press release

Tags

Tags:

2 responses to “Fjordland Exploration Inc.: Ongoing Drilling at Woodjam South Continues

  1. I saw an article that stated The Fed is going to need an additional $3 Trillion in qualitative easing.  If that happens the value of the dollar will for sure devalue and when the dollar devalues, the price of gold and silver go up.  Based on this, I think you’re right… gold and silver are definitely still a good investment. I’ll paste the link to the article I was think of in case anyone else is interested:

    http://www.dailysilvernews.com/fomc-statement-indicates-you-should-buy-stocks-sell-gold-and-silver-and-buy-paper-notes/524/

  2. I saw an article that stated The Fed is going to need an additional $3 Trillion in qualitative easing.  If that happens the value of the dollar will for sure devalue and when the dollar devalues, the price of gold and silver go up.  Based on this, I think you’re right… gold and silver are definitely still a good investment. I’ll paste the link to the article I was think of in case anyone else is interested:

    http://www.dailysilvernews.com/fomc-statement-indicates-you-should-buy-stocks-sell-gold-and-silver-and-buy-paper-notes/524/

Leave a Reply