Fjordland Announces Appointment of Kolebaba as Adviser
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2016) - Fjordland Exploration Inc. (TSXV: FEX) is pleased to announce the appointment of Mark Kolebaba as the inaugural member of an Advisory Committee.
Mr. Kolebaba has a diverse mineral exploration background including extensive diamond exploration experience both in Canada and internationally. He was employed by BHP Billiton from 1993-2002 at a senior project level and subsequently served as President and CEO of Diamonds North Resources Ltd. from 2002-2013.
While employed by BHP, Mark worked at the Ekati Diamond Mine for four years and was an integral part of the team that co-discovered the first 120 kimberlites on the property. He subsequently contributed to all aspects of diamond exploration including feasibility of the Koala and Panda mine feasibility studies. From 1997 to 2002 BHP utilized his services in extensive international exploration projects including Russia, Australia and Botswana. Subsequently as President and CEO of Diamonds North, a project generator, that company became the second largest diamond focused mineral tenure holder in Canada's north. This company, under Mark's guidance raised more than $30 million in capital and attracted an additional $20 million in third party project funding through joint ventures with BHP, Rio Tinto, Teck Cominco and numerous junior companies. Discoveries included many diamondiferous kimberlites on Victoria Island and the identification of an entirely new diamondiferous field near Pelly Bay.
Richard Atkinson, President and CEO, commented "Mark's advice will be important in the design and implementation of Fjordland's 2016 diamond exploration program on the approximately 80,000 hectares of recently staked and optioned claims in the northwestern Athabasca Basin."
Mr. Kolebaba has been granted options to purchase 750,000 common shares at an exercise price of $0.07 exercisable for a period of five years under the Company's stock option plan ("SOP"). The options will vest in increments over the next 18 month period in accordance with the SOP.
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company with other assets but currently focused on diamond exploration. 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
We seek safe harbour
For further information, please call:
Fjordland Exploration Inc.
Richard C. Atkinson, President and CEO
1-604-805-3232
info@fjordlandex.com
www.fjordlandex.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements
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