Fjordland Provides Update on Renzy Nickel Copper Project in Quebec
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Suite 1100 – 1111 Melville Street Tel: (604) 688-3415
Vancouver, B.C. V6E 3V6 Email: [email protected]
TSX-V: FEX
FOR IMMEDIATE RELEASE NR2021-11
Fjordland Provides Update on Renzy Nickel Copper Project in Quebec
Vancouver, BC, September 16, 2021 ─ Fjordland Exploration Inc. (TSX-V: FEX) ( “Fjordland” or the
“Company”) is pleased to announce the following update on the Renzy nickel copper project located north
of Maniwaki Quebec.
In April 2021, Fjordland initiated a VTEM airborne geophysical survey over the claim group. Th e
preliminary results identified several conductive anomalies in and around the historic Renzy mine before
the survey was temporarily suspended during moose calving season. These initial targets were followed
up in June and July with ground prospecting and 5 ground -based electromagnetic (EM) loop surveys.
In August, the VTEM survey was restarted to fly areas south of the original Renzy area . While still in
progress, initial results have identified three of the strongest geophysical conductors comparable to those
at the Renzy mine site. These three new targets show good continuity across multiple flight lines (initial
200m line spacing). and are 100% owned by Fjordland and outside the area of interest as defined by the
Renzy Option Agreement.
In anticipation of an expanded airborne survey the Company staked an additional 120 claims to the south
and east of the original property. The total land area controlled by Fjordland is now 308 square kilometres.
James Tuer, Fjordland’s CEO commented, “ The three new conductive signatures south of the Renzy
Shear Zone offer the Company a huge opportunity to find additional mineralized bodies like the origi nal
high grade Renzy mine. As far as we’re aware, there is no record of this area ever being explored by
geophysical surveys, other than government magnetics. If these zone s prove to host nickel
mineralization, it will help confirm our theory that the Renzy Shear Zone could be the conduit for nickel
and copper enrichment and may lead to larger deeper deposits to be found in the future. In the meantime,
our intent is to piece together enough mineral resource to make the area economically viable. ”
The ground l oop EM surveys were overseen by Crone Geophysics and Fjordland ’s consulting
geophysicist, Brian Bengert of Platform Geoscience. Brian is a noted nickel specialist and was a principal
member of the team that discovered the underground resources at Voisey’s Bay. Two of the loops
confirmed the VTEM results with conductors coincident with each survey. Another loop confirmed a
moderately conductive body within a broad disseminated sulfide signature over 3km. One loop located
at the South Alba Lake occurrence which has previously been mini-bulk sampled and drilled did not detect
a conductor. The VTEM results were also negative even though drill intersection RZ-08-04 graded 0.43%
Cu and 0.21% Ni over 6.65 m and drill intersection RZ-08-06 0.42% Cu and 0.21% Ni over 9.00 m. This
indicates that nickel may also be present in non -conductive disseminated zones
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company that is focuse d on the discovery of large -
scale economic metal deposits in Canada.
Fjordland, as operator, has an agreement to acquire 100% of the Renzy nickel copper project located
near Maniwaki Quebec from Quebec Precious Metals. The project encompasses the former Renzy Mine
where during the period from 1969 to 1972, 716,000 short tons were mined with average grades of 0.70%
nickel and 0.72% copper. Fjordland has staked additional claims to increase the size of the project to 308
sq. km.
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Suite 1100 – 1111 Melville Street Tel: (604) 688-3415
Vancouver, B.C. V6E 3V6 Email: [email protected]
In collaboration with Ivanhoe Electric Inc. (formerly High Power Exploration Inc. ) and Commander
Resources Ltd., Fjordland is exploring the South Voisey’s Bay “Pants Lake Intrusive” target which is in a
geologic setting analogous to the nearby nickel -cobalt-copper Voisey’s Bay deposit.
Fjordland is currently reviewing its West Milligan copper gold proj ect located within 4 km of Centerra’s
Mount Milligan copper gold mine in central British Columbia. The project is a joint venture with Northwest
Copper Corp.
Robert Cameron, P. Geo., a technical advisor to the Company, is a qualified person within the cont ext
of National Instrument 43 -101 and has read and takes responsibility for the technical aspects of this
release. For further technical information please visit Fjordland’s website at www.fjordlandex.com
ON BEHALF OF THE BOARD OF DIRECTORS
“James Tuer”
James Tuer, CEO
For further information:
James Tuer
Ph: 604-688-3415
www.fjordlandex.com
Forward-Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical
fact included in this news release, i ncluding, without limitation, statements regarding the use of proceeds from the private
placement, and other future plans and objectives of the Company are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from the Company's plans or expec tations include market prices, general economic, market or business conditions,
regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in
the filings made by the Company with securities re gulators. The Company expressly disclaims any intention or obligation to
update or revise any forward -looking statements whether as a result of new information, future events or otherwise except as
otherwise required by applicable securities legislation.
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.