VANCOUVER, BC / ACCESSWIRE / 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.
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.
Exploration Inc. is a mineral exploration company with other assets but
currently focused on diamond exploration. For further information visit
Fjordland's website at
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
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
SOURCE: Fjordland Exploration Inc.