The Company plans to drill a minimum of 2,500 meters.
'Recent nickel demand has resulted in the nickel price more than doubling in the past week. This exemplifies nickel's limited global primary supply and the necessity to find more resources to satisfy the burgeoning demand for batteries in electric vehicles, let alone the growing demand for stainless steel. In the past several months, Fjordland has increased the project to over 500 square kilometres in size by staking additional claims in this highly prospective terrain.'
About
In collaboration with
In addition to the SVB project, Fjordland, as operator, has an agreement to acquire 100% of the Renzy nickel-project located near
As well, Fjordland has 2 copper-gold properties in the Quesnel Trough of central
Contact:
Tel: 604-688-3415
Email: tuer@fjordlandex.com
Web: 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, including, 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 expectations 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 regulators. 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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