FEX Fjordland Exploration Inc

Fjordland Exploration Inc. (TSX VENTURE:FEX) is pleased to report that it has
commenced a Phase 4, 2012 exploration program, budgeted at approximately
$375,000, on the Tak Project, part of the Tak-Milligan Property Option, located
approximately 50 kilometres (km) east of Williams Lake, and immediately south of
the developing Woodjam copper-gold-molybdenum porphyry camp.


The objective of the next phase (Phase 4) of exploration is to further delineate
areas of induced polarization (IP) chargeability and resistivity anomalies on
the Moffat Property (6 line km), followed by additional drilling if warranted.
Additional IP (7 line km) and soil geochemical surveys will be completed on the
Tisdall Property and, contingent on results, drilling will follow. IP surveys
will be conducted on the Canim (6 line km), Hazel North and Hazel South
properties (5 line km). In total, 24 line km of IP and 1000 m of drilling are
planned, with most of the work to be completed by July.


The Tak portion of the project consists of nine non-contiguous claim blocks
(Moffat, Moffat East, Tisdall, Canim, Howard Lake, LaHache, Hazel North, Hazel
South and HR), with a total area of 48,350 hectares. To date, under an option
agreement, Capstone Mining Corp. (TSX:CS) has funded exploration expenditures
totaling approximately $827,000 in three phases of work on the Tak-Milligan
Property. Capstone has vested a 49% interest and can earn a 60% interest by
funding additional exploration in two phases in the amount of $1,400,000.
Capstone may earn a total of 70% of the Properties by spending a cumulative
total of $6,000,000 on or before December 31, 2016.


Tom Schroeter, President of Fjordland, commented: "Fjordland looks forward to
the results of its ongoing exploration programs on the Tak properties, located
adjacent to the emerging Woodjam copper-gold-molybdenum porphyry camp. We have a
lot of targets to test, as well as continuing with systematic exploration
programs on other untested areas of the large tenement package."


About Fjordland Exploration Inc.

Fjordland Exploration is a mineral exploration company focused on the discovery
of gold, copper and molybdenum deposits in British Columbia. Fjordland currently
has a portfolio with 25 properties. It has a 51% interest in 7 properties known
as "Tak" totaling 55,654 ha in the Woodjam area of central BC. Fjordland has a
51% interest in two properties known as "Milligan" totaling 2,192 ha, adjoining
Thompson Creek Metals Company Inc.'s Mt. Milligan copper-gold deposits on the
west. Capstone Mining Corp. (TSX:CS) owns a 49% interest in the combined
Tak-Milligan Project. Fjordland and Serengeti Resources Inc. are 37%/63%
partners exploring 13 properties (QUEST 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 2 properties totaling 17,657 ha in the Iron Range in
southeastern BC. Fjordland has an option to acquire a 100% interest in the
Dillard and Dill copper and gold properties, north of Princeton. Fjordland's
shares trade on the TSX Venture Exchange under the symbol "FEX". For further
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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