News

2006 News

Fjordland Exploration Inc. (TSX-V: FEX) and Wildrose Resources Ltd. (TSX-V: WRS) report the receipt of assay results for the first seven holes drilled at the Woodjam gold-copper porphyry project in British Columbia. All of the holes reported were drilled as steps-outs from the Megabuck Zone to expand the system to the south. In this current program, 14 vertical holes have been drilled in the Megabuck area and 1 hole to the east to test an anomaly. The balance of the drill holes will be reported when available. Following a break, drilling will continue at Woodjam in the fall at the Takom Zone, located 2 kilometres south of the Megabuck region. The Woodjam project is operated by a joint venture of Fjordland (60%) and Wildrose (40%).

2006 Second Phase Drill Results – Megabuck Zone

Drill Hole

From (metres)

To (metres)

Interval (metres)

Gold (g/t)

Copper (%)

06-56

No significant mineralization encountered.

06-57

including

311.8

311.8

460.0

378.0

148.2

66.2

0.46

0.75

0.06

0.16

06-58

No significant mineralization encountered.

06-59

No significant mineralization encountered.

06-60

including

385.6

423.0

441.0

441.0

55.4

18.0

0.31

0.50

0.06

0.10

06-61

including

159.7

168.0

308.0

211.9

148.3

43.9

0.35

0.52

0.09

0.09

06-62

9.1

161.5

152.4

0.43

0.06

Woodjam is one of the largest properties in the Cariboo Mining District. The other major property holders in the region are Imperial Metals Corporation (TSX: III) which owns the Mount Polley gold-copper mine as well as Skygold Ventures Inc. (TSX-V: SKV) and Wildrose at the Spanish Mountain gold property.

The results of the second phase 2006 drilling program at Woodjam were reviewed and verified by J. William Morton, P.Geo., the qualified person as defined by National Instrument 43-101. Acme Analytical Labs, an ISO 9001 accredited laboratory, assayed the samples by multi-element ICP-ES (1D) and fire geochemical methods with ICP analyses (3B) for gold.

J. William Morton
President
Wildrose Resources Ltd.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

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