Gold Fields Partners with Fjordland and Cariboo

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Wed, Jun 3, 2009
Copper Company News
Post by Researcher , Copper Researcher

Fjordland Exploration (CVE:FEX) announced today the Woodjam Joint Venture jointly owned with Cariboo Resources (CVE:CRB) is granting an option to Gold Fields (NYSE:GFI) on the Woodjam North copper-gold-molybdenum property east of Williams Lake in BC Canada.

Gold Fields can earn up to a 70% share in the property by spending $19m over 7 years.  Tom Schroeter, Fjordland President is quoted as saying:

This partnership with one of the world’s largest gold producers not only allows for aggressive advancement of the gold-dominant property, but also allows the Woodjam Joint Venture to independently explore and develop the very exciting Southeast Zone copper-gold-molybdenum discovery and pursue new target development on the Woodjam “South” portion of the Property.

Click here for the full release.

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