FEX Fjordland Exploration Inc

Fjordland Exploration Inc. (TSX VENTURE:FEX) reports that on October 21st, it
plans to commence a 4-hole, 1000-m diamond drilling program on its
road-accessible Red Lobster Property, located approximately 25 kilometres west
of the historic Sullivan Mine in southeastern British Columbia. A drill location
map may be viewed at www.fjordlandex.com/news/nr11-25b.pdf. The principal
targets for drilling are sedimentary exhalative zinc-lead-silver deposits,
similar to those mined at Sullivan, where mining and milling of 150 million
tonnes of mineralization, over a 100- year period, at average grades of 5.49%
zinc, 5.98% lead and 2 ounces per ton silver, yielded in excess of $30 billion
at today's metal prices. The Sullivan orebody measured approximately 1500 m in
length by 2000 m in width and 10 to 100 m in thickness.


The Red Lobster Property is one of seven properties under option from Kootenay
Gold Corp., part of the Kimberley Gold Trend project. In addition, Fjordland
owns 100% of eight other properties in the Iron Range Trend in the southeast.
During 2011, Fjordland carried out additional soil sampling and prospecting
surveys at Red Lobster to better define drill targets, indicated by previous
work by Kootenay Gold. To date, three zones of potential SEDEX-style
mineralization, hosted in Sullivan-age rocks, have been identified by Fjordland.


The Shado Zone, a structural-controlled zone greater than 50 m in width and
trending north-northeasterly, contains a highly anomalous lead and zinc soil
anomaly with values each in excess of 500 ppm; highs of 1750 ppm lead and 2760
ppm lead have been reported within an open-ended 1500 m by 500 m zone, in part
covering known bedrock mineralization. A series of massive sulphide (galena,
sphalerite, chalcopyrite and pyrite) veinlets, with maximum widths of 10-12 cm
+/- irregular pods, occur with quartz and tourmaline at the Shado Showing. In
1978, Shado Mines shipped 3.28 tons of mineralized material from this showing to
the Trail smelter. The shipment assayed 25.4% lead, 4.8% zinc, 0.13% copper,
13.25 ounces per ton silver and 0.01 ounces per ton gold. Magnetic anomalies
identified by a previous operator, Cominco Ltd., coincident with or immediately
west of the large geochemical anomaly were never drill tested. Three drill holes
are planned to test this area.


The Cominco Zone appears to be a large fault-related zone, with the potential to
host a large tonnage base-metals deposit. A soil anomaly with greater than 800
ppm lead and zinc values greater than 2000 ppm have been outlined over an
open-ended zone measuring 1000 m by 1000 m, in part covering SEDEX-type bedrock
mineralization consisting of quartz veinlets with arsenopyrite, galena and
sphalerite hosted by the same sedimentary rocks that occur at Sullivan. In 1985,
Cominco Ltd. outlined magnetic and electromagnetic anomalies, located
approximately 500 m west of the current geochemical target. Cominco drilled one
shallow (114 m) core hole in 1988, apparently testing the main geophysical
anomaly, but never testing the geochemical anomaly. On the west side of the
geochemical anomaly, a fault zone greater than 10 m in width is postulated. One
drill hole is planned to test the geochemical anomaly.


The South Zone consists of a 700-m long by 600-m wide soil anomaly with lead and
zinc values greater than 1000 ppm each and open to the south. Drill core from a
drill hole in 1997 by Sedex Mining was lost when being moved by a helicopter.
Visual logging indicated a 6-m interval containing lead and zinc mineralization.
No work was completed on this zone during 2011, as helicopter access is
required.


FJORDLAND EXPLORATION INC.

The Red Lobster Property appears to be along the northern extension of the
north-south trending Iron Range Fault system, which measures in excess of 50 km
in length and up to 150 m in width. The new Talon Zone Sedex and gold discovery
reported by Eagle Plains in December, 2010 on its Iron Range Property, to the
south of Red Lobster, is hosted in Sullivan-type rocks that are intensely
altered and brecciated. Eagle Plains reported intervals of 7.1 m grading 8.13g/t
Au, 5.91% Pb+Zn and 86.6g/t Ag, and 56.5 m grading 1.9g/t Au and 21.5g/t Ag in
hole IR10-010. Details of Eagle Plains' 2011 work program have not yet been
released.


Fjordland is a major mineral tenure holder in the combined Iron Range (8
properties totaling 60,047 ha) and Kimberley Gold Trend (7 properties totaling
21,222 ha) areas. The latter belt, with a 90-km northeasterly trend, is defined
by placer gold in streams, high angle intersecting oblique slip faults,
iron-oxide, iron-carbonate, sericite-quartz-pyrite-albite-tourmaline alteration
assemblages with numerous gold-copper-lead-zinc occurrences and IOCG (iron oxide
copper gold) affinities.


Upon completion of drilling at Red Lobster, the drill will be moved to the GCP
Property, located 10 km southeast of the Sullivan mine. The main target there is
a shear zone, sediment-hosted (Sullivan-age rocks) gold deposit, situated on the
flank of a very large magnetic anomaly.


Tom Schroeter, President of Fjordland, commented: "We are very pleased and
excited to commence drilling on our southeast BC properties that have several
Sedex base metals and/or sediment-hosted gold targets."


About Fjordland Exploration Inc.

Fjordland Exploration is a mineral exploration company focused on the discovery
of gold, copper and molybdenum deposits in British Columbia. Of the 40
properties in Fjordland's portfolio, the Woodjam North and Woodjam South
properties (totaling 56,540 ha) are part of the Woodjam Joint Venture between
Fjordland (60%) and Cariboo Rose Resources Ltd. (40%); both properties are under
separate option agreements to Gold Fields Horsefly Exploration Corporation.
Fjordland also has a 100% interest in 7 properties known as "Tak" totaling
52,342 ha in the Woodjam area. Fjordland has a 100% interest in the 2,192 ha
"Milligan" project, adjoining Thompson Creek Metals Company Inc.'s Mt. Milligan
copper-gold deposits on the west. The Tak-Milligan properties have been optioned
to Capstone Mining Corp.; Capstone has vested into a 49% interest in the
properties. Fjordland and Serengeti Resources Inc. are 37%/63% partners
exploring 13 properties (QUEST JV Project) totaling 50,170 ha in the Quesnel
terrane north of Woodjam for precious and base metals. Six of the QUEST
properties (totaling 27,690 ha) have been optioned to Xstrata Copper; the QUEST
JV owns 100% of the remaining 7 properties (totaling 22,480 ha). Fjordland has a
100% interest in 8 properties totaling 60,047 ha in the Iron Range area and has
an option agreement on 7 properties totaling 21,222 ha with Kootenay Gold Inc.
in southeastern BC. Fjordland has an option to acquire a 100% interest in the
Dillard copper and gold property, north of Princeton, BC. Fjordland's shares
trade on the TSX Venture Exchange under the symbol "FEX". For more information
visit Fjordland's website at www.fjordlandex.com.


T.G. Schroeter, P.Eng./P.Geo., who is a qualified person within the context of
National Instrument 43- 101, has read and takes responsibility for this news
release.


Tom Schroeter, President & CEO

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