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Fjordland Announces Results of Milligan West Drill Program

Exploration Programs

NEWS RELEASE NR#17-14

Fjordland Announces Results of Milligan West Drill Program

Vancouver, BC, December 20, 2017 ─ Fjordland Exploration Inc. (TSX-V: FEX) announces results for drilling

completed on the jointly -owned Milligan West property (Serengeti: 56.3%, Fjordland Exploration Inc: 43.7% ), located

75 kilometres northwest of Fort St. James in north -central British Columbia, and four kilometres west of the currently

producing Mt. Milligan copper-gold mine.

Drilling at Milligan West in 2017 totalled 1,256 metres in three holes targeting zones identified by interpretation of the

2016 Induced-Polarization (IP) survey data, earlier property-wide geophysical surveys, and short drill holes completed

by previous workers. Encouraging results were intersected within skarnified volcaniclastic tuff and feldspar -porphyry

dykes, including 1.12 g/t gold, 0.70 g/t silver and 0.14% copper over 2.0 metres in MW-17-02, with maximum gold and

silver values reaching 1.57 g/t over 1.5 metres, and 33.50 g/t over 3.1 metres, respectively.

The 2017 Milligan West program added significantly to the understanding of the local geology and has led to the

identification of an untested near-surface geophysical target area approximately one kilometre to the north of the 2017

drill holes. The newly identified geophysical target area is coincident with historical copper -, zinc - and gold -in-soil

geochemical anomalies, which lie directly on trend with the Mt. Milligan – Heidi Lake sulphide system to the east.

Although the nature of mineralized intercepts from 2017 are discontinuous, the program confirmed that mineralization

at Milligan West is associated with hydrothermal intrusive activity, and Fjordand remains optimistic in the potential for

the property to host a significant mineralized system.

Notable intersections from the 2017 drilling program as well as associated geological observations are included in the

table below.

Hole ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Geological Context

MW-17-01 164.0 167.0 3.1 0.23 33.50 0.01 Sericite-carbonate-quartz altered feldspar-porphyry dyke

295.0 301.1 6.1 0.35 0.25 0.01 Sericite-chlorite-carbonate-quartz altered argillite

371.2 374.3 3.0 0.38 0.10 0.01 Sericite-chlorite-carbonate-quartz altered ash tuff

MW-17-02 160.0 192.0 32.0 0.10 0.37 0.01 Chlorite-sericite altered agglomerate

including 187.8 189.3 1.5 1.57 0.30 0.01 Quartz-sericite-chlorite altered feldspar porphyry dyke

264.3 267.3 3.0 0.03 15.60 0.02 Sericite-chlorite-carbonate-quartz altered argillite

300.0 302.0 2.0 1.12 0.70 0.14 Chlorite-epidote-carbonate skarn altered ash tuff

MW-17-03 No Significant Intercepts

Notable drill hole intersections from the 2017 Milligan West drilling program.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company that is focu sed on the discovery of large scale

potentially economic deposits located in Canada. 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

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For further information, please call:

FJORDLAND EXPLORATION INC.

Richard C. Atkinson, President and CEO

1-604-805-3232

[email protected]

www.fjordlandex.com

Some statements in this news release may contain forward -looking information. These statements address future events and

conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results,

performance or achievements to be materially different from any future results, performance or achievements expressed or impl ied

by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration

programs on schedule and the success of exploration programs.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.