The program will primarily be exploration drilling with a CDN$5.5 million budget. The program will include 20,000 m of diamond drilling to be divided equally between the Woodjam North and Woodjam South Properties. On Woodjam North, drilling will test a number of targets developed by geophysical and geochemical surveys including the Megabuck East target where drilling in 2011 intersected Megabuck style mineralization in holes ME11-02 and 03:

Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb Cu, US$950/oz Au and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz))/(Price Cu/lb x 22) and Au Equivalent in g/t using the formula ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz)) /( Price Au/oz x 0.032151). Metallurgical recoveries and net smelter returns are not considered.

Also on Woodjam North, drilling will test a postulated fault offset for Deerhorn Zone mineralization, approximately 500 m east of drill hole DH10-23 which returned assays of 95.7 m grading 0.53g/t Au and 0.22% Cu, including 41.2 m grading 0.89g/t Au and 0.26% Cu.

On the Woodjam South Property which hosts the Southeast Zone where an initial pit constrained, inferred resource of 146.5 million tonnes grading 0.33% copper (with accessory gold) was announced in a news release dated March 1, 2012 drilling will be directed at expanding the Southeast Zone where mineralization remains open in several directions. Additionally, geophysical targets on other parts of the Woodjam South Property will be drill tested.

Gold Fields has vested a 51% interest in both the Woodjam North and South Properties. Further, Gold Fields has given notice to Woodjam Copper that it will exercise its right to earn a further 19% interest in each of the Woodjam North and Woodjam South properties. To earn this additional interest Gold Fields will be required to spend $12 million and US$8 million on the Woodjam North and Woodjam South properties respectively, over the next four years. In addition, Gold Fields is required to complete a comprehensive feasibility study on the Woodjam South property.

Glen L. Garratt, PGeo, a qualified person for the purposes of National Instrument 43-101, has read and taken responsibility for this news release.

Glen L. Garratt, P.Geo

Director
Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 49% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who own a 51% interest and may earn a further 19% to total a 70% interest in the properties. In 2012, Woodjam Copper published an initial Southeast Zone NI 43-101 compliant inferred resource of 146.5 million tons grading 0.33% copper (pit constrained).

About Gold Fields Limited

 Gold Fields is one of the world’s largest unhedged producers of gold with attributable, annual production of 3.5 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near-mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 80.6 million ounces and Mineral Resources of 217 million ounces. For more information visit the company’s website at www.goldfields.co.za.

Vancouver, BC, March 1, 2012 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (NYSE: GFI), has completed its initial resource estimation on the Southeast Zone at the Woodjam Property, located 50 km east of Williams Lake, BC. The resource is limited to the Southeast Zone, which is one of several zones of mineralization currently being explored by Gold Fields and provides a glimpse of the overall potential of the Woodjam Property. The resource is inferred and is open pit constrained using the parameters indicated below. The resource is reported only in regards to copper content although accessory gold, molybdenum and silver occur, but are not defined to a level of confidence sufficient to be included in the resource estimation. Effective March 2, 2012, the inferred resource for the Southeast Zone (only) is:

146.5 million tonnes at 0.33% copper for 1.06 billion pounds of copper

The resource also contains a gold grade of 0.06 g/t gold, a portion of which may be recovered as by-product.

The resource estimate is based on data from 80 diamond drill holes with a total of 31,712 m of drilling. This drill hole data, mapping data and geophysical data were used to interpret geology and mineralization domains for modeling. Copper, gold, silver and molybdenum grade was estimated using a recoverable resource estimation method called multivariate uniform conditioning – an established estimation methodology, which ensures that the theoretical grade-tonnage curve is honored by the estimates.

Parameters used to define the theoretical pit:

1.)    The disclosed mineral resource is reported using a US$7.50/t net smelter return (NSR) cut-off grade within an optimized pit shell assuming processing costs of US$5.10/t, G&A costs of US$1.40/t and sustaining costs of US$1.00/t for a 30,000 t/day mining rate (this equates to a cut-off grade of 0.16% copper).

2.)    Copper price at US$3.90/lb.

3.)    Gold price at US$1,450/oz.

4.)    Recoveries estimated to be 80% for copper and 70% for gold, based on initial metallurgical testing.

5.)    Bulk density of fresh rock is estimated to be 2.65 t/m³.

6.)    Copper-gold concentrate shipping, handling, insurance and all other off site charges estimated to be US$157/wet metric tonne concentrate. Concentrate grade estimated at 30% copper.

7.)    Overall pit slopes estimated to be 27° for till, 42° for broken fresh rock and 47° for unbroken fresh rock.

The sample data used to estimate resources at Southeast Zone has been verified by QP Ross Sherlock. Historical data were re-entered into Gold Fields’ database from original logs and assay certificates. Gold Fields data is routinely verified and a comprehensive QAQC program is in place to ensure data quality. Gold Fields has security and custody procedures established for all samples.

Additional potential to establish resources exists in the Megabuck and Deerhorn Zones indicated by the 113 diamond drill holes totaling 28,490 m completed in these zones. These zones also offer much higher

gold grades as shown by hole 04-32 in the Megabuck Zone with 0.14% Cu and 1.03 g/t Au over 274.9 m and hole 11-30 in the Deerhorn Zone with 0.28% Cu and 1.30 g/t Au over 123.0 m.

In January 2012, Gold Fields vested a 51% interest in both the Woodjam North and Woodjam South properties by having spent a cumulative CND$14.6 million dollars over the past 2.5 years on exploration. Gold Fields also notified Woodjam Copper of its intent to earn a further 19% interest in both properties (the second option); Woodjam North with a further expenditure of CND$12 million and Woodjam South with a further expenditure of US$8 million and the completion of a feasibility study.

Gold Fields has advised that it will initiate the 2012 program in late March 2012, with a CDN$5.5 million exploration program which will include 20,000 m of diamond drilling focusing on the target areas on the Woodjam North Property, and on continued expansion drilling to identify additional resources in the Southeast Zone and on other targets in the Woodjam South Property.

During 2011, preliminary cost analysis, “high-level” preliminary engineering assessment of selected aspects, water and meteorological monitoring and stakeholder engagement programs were conducted and will continue during 2012.

Ross Sherlock, Ph.D., P.Geo., has overall responsibility for this disclosure. Susan Poos, P.E., SME Registered Member, is responsible for mining constraints applied to this resource disclosure. Alex Trueman, P.Geo., MAusIMM(CP), is responsible for the mineral resource estimation disclosed in this release. All are qualified persons for the purpose of National Instrument 43-101, are employees of Gold Fields, and have authored the NI 43-101 Technical Report, which will be filed on SEDAR within 45 days of this announcement. Additionally they have read and take responsibility for the contents of this news release.

J.W. (Bill) Morton, PGeo, a qualified person for the purposes of National Instrument 43-101, has read and taken responsibility for this news release.

Bill Morton, P.Geo.

CEO and Director
Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 49% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who own a 51% interest and may earn a further 19% to total a 70% interest in the properties.

About Gold Fields Limited

Gold Fields is one of the world’s largest unhedged producers of gold with attributable, annual production of 3.5 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near-mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 80.6 million ounces and Mineral Resources of 217 million ounces. For more information visit the company’s website at www.goldfields.co.za.

Vancouver, BC, February 9, 2012 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (NYSE: GFI), has delivered Exercise Notices on the Woodjam North and South Properties in south-central British Columbia, indicating that it has vested its 51% earn-in interest under the Option and Joint Venture Agreements dated July 29, 2009 and May 20, 2010, respectively. After reviewing and approving the expenditure statements provided by Gold Fields, the Board of Directors of Woodjam Copper acknowledged the earn-in. Gold Fields has completed expenditure totaling approximately $14.6 million on the two properties during the past 2.5 years to earn its 51% interest.

Further, Gold Fields has given notice to Woodjam Copper that it will exercise its right to earn a further 19% interest in each of the Woodjam North and Woodjam South properties. To earn this additional interest Gold Fields will be required to spend $12 million and US$8 million on the Woodjam North and Woodjam South properties respectively, over the next four years. In addition, Gold Fields is required to complete a comprehensive feasibility study on the Woodjam South property.

Bill Morton, President of Woodjam Copper, stated: “This marks an exciting threshold in the development of the Woodjam properties as we will continue to see aggressive exploration funded by Gold Fields. Their interest in the project is also underlined by their notice to earn a further interest in both of the properties by making very significant expenditures”.

Glen Garratt, P.Geo. is the qualified person within the context of National Instrument 43-101, who has read and taken responsibility for this news release.

Glen Garratt, P.Geo, Director.

Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 49% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who own a 51% interest and  may earn a further 19% to total a 70% interest in the properties.

About Gold Fields Limited

Gold Fields is one of the world’s largest unhedged producers of gold with attributable, annualized production of 3.5 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 77 million ounces and Mineral Resources of 225 million ounces. For more information visit the company’s website at www.goldfields.co.za.

Vancouver, BC, January 24 , 2012– Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (NYSE: GFI) , has forwarded results from the final 2011 drilling on the Woodjam North property at Horsefly, BC, 45 km east of the City of Williams Lake, BC. The management and directors of Woodjam Copper are very pleased with the results of the 2011 program on both the Woodjam North and South properties and are particularly excited about the potential for the Megabuck East Target area. A map can be viewed here: NR map Jan 24 12

Four areas were targeted with a total of 12 core holes totaling 3,928.05 m. Four holes, MB11-01, 02, 03 and 04 were located in the Megabuck Zone. MB11-03 was abandoned at 49 m, 2.0 m into bedrock and MB11-02, was an exploration step-out 130 m southeast of the zone and had no significant intercepts. Holes MB11-01 and 04, drilled to collect metallurgical samples, intersected significant mineralization typical of the Megabuck Zone and the highlights are shown in the table below.

Reconnaissance drilling in the area between the Megabuck and Deerhorn Zones resulted in the completion of three holes in what is being called the Megabuck East Target. Holes ME11-02 and 03 intersected a number of narrow mineralized zones, which carried high copper values that display the same character and style of mineralization as the Megabuck Zone and indicate a strong potential for the discovery of a new zone. These holes are step-outs of 200 to 500 m northeast of the Megabuck Zone. Hole ME11-01 was a large step-out southeast of the Deerhorn Zone and did not intersect significant values.

Two holes, DH11-35 and 36 were step-outs on the Deerhorn Zone. Holes DH11-35 and 36 were located along the northeastern edge of the Deerhorn magnetic anomaly and intersected long intervals of copper mineralization associated with a zone of lower gold values than in the main part of the Deerhorn Zone characterized by previously reported hole DH11-32 which intersected 207.5 m grading 1.00g/t gold and 0.18% copper, including 90 m grading 1.90g/t gold and 0.29% copper. Hole DH11-34 was a large step-out to the southeast of the Deerhorn Zone and did not intersect significant mineralization.

Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb Cu, US$950/oz Au  and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz))/(Price Cu/lb x 22). * = end of hole. Metallurgical recoveries and net smelter returns are not considered. MB = Megabuck Zone; ME = Megabuck East Target; DH = Deerhorn Zone.

Gold Fields has informed Woodjam Copper that it will provide it with a 43-101 compliant inferred resource for the Southeast Zone in the first quarter of 2012.

Gold Fields can earn up to a 70% interest in both properties by completing $35 million dollars in exploration over a 7.5 year term, purchasing $500,000 worth of Fjordland Exploration Inc. (TSX-V: FEX) and Cariboo Rose Resources Ltd. (TSX-V: CRB) shares (completed) and providing Woodjam Copper with a comprehensive feasibility study of all known deposits in the Woodjam South Property.

Core samples were analyzed by ALS Laboratory Group, a certified facility in North Vancouver, BC. Glen Garratt, P.Geo. and Tom Schroeter, P.Eng./P.Geo. are the qualified persons within the context of National Instrument 43-101, who have read and taken responsibility for this news release.

Glen Garratt, P.Geo, Director.
Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations
Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”)(TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 100% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who may earn up to a 70% interest in the properties.

About Gold Fields Limited

Gold Fields is one of the world’s largest unhedged producers of gold with attributable, annualized production of 3.5 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 77 million ounces and Mineral Resources of 225 million ounces. For more information visit the company’s website at www.goldfields.co.za

Donald Sharp, C.A., director and chief financial officer of Woodjam Copper, has read and takes responsibility for this news release.

J.W. (Bill) Morton, P.Geo.

President and CEO

Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 100% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields Limited who may earn up to a 70% interest in the properties.

Drill holes SE11-59 through SE11-62 were drilled in the higher grade central portion of the Southeast Zone and were successful in expanding the higher grade area to the north as well as confirming the character of the zone internally with in-filling. Hole SE11-58 is on the northeastern edge of the drilling and indicates that further expansion of the zone is possible in this direction.

During 2011, 42 drill holes (SE11-21 to SE11-62, inclusive) totaling 17,195 m were completed in the Southeast Zone. To date, 80 drill holes totaling 31,740 m have been cored on the Southeast Zone. A drill location map can be viewed at SEZ Drilling Dec 2011.

Southeast Zone Drilling Highlights:

Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb Cu, US$950/oz Au and US$15/lb Mo and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz) + (%Mo x 22 x Price Mo/lb))/(Price Cu/lb x 22). * = end of hole. Metallurgical recoveries and net smelter returns are not considered. (* end of hole)

Drill holes SE11-60 and 62 were inclined and oriented holes, designed to provide some geometry to the different intrusive bodies hosting the mineralization as well as the dominant orientations of mineralized veins. These holes were drilled on either side of vertical hole WJ08-84, which assayed 359.1 m grading 0.69% copper, 0.006% molybdenum and 0.27 g/t gold, including a 200.8 m interval grading 1.01% copper, 0.002% molybdenum and 0.44 g/t gold. The intrusive bodies hosting the mineralization and the trend of the mineralization intersected in drilling suggest a northwest dip of the mineralized zone.

Gold Fields has informed Woodjam Copper that it will provide it with a 43-101 compliant inferred resource for the Southeast Zone in the first quarter of 2012. Furthermore, Gold Fields is expected to be in a position to vest into its initial 51% in the Woodjam North and Woodjam South Properties in early 2012. Under the respective Property Agreements with Woodjam Copper, Gold Fields can earn up to a 70% interest in both properties by completing $35 million dollars in exploration over a 7.5 year term, purchasing $500,000 worth of Fjordland Exploration Inc. (TSX-V: FEX) and Cariboo Rose Resources Ltd. (TSX-V: CRB) shares (completed) and providing Woodjam Copper with a comprehensive feasibility study of all known deposits in the Woodjam South Property.

Gold Fields has also recently completed drilling of 2,800 m in 15 holes on selected targets to the south of the Southeast Zone in an area devoid of outcrop.

Tom Schroeter, Senior Technical Advisor to Woodjam Copper says: “We are very pleased with the results from this year’s drilling program on the Southeast Zone and look forward to receiving a NI 43-101 compliant resource from Gold Fields in early 2012. This will be a significant milestone in the future development of the Woodjam projects.”

Elsewhere, on the Woodjam North Property, drilling has been completed on the Tisdall Lake porphyry copper-gold-molybdenum prospect (3 holes totaling approximately 760 m), as well as follow-up drilling on the Deerhorn, Megabuck and Megabuck East Zones. The exploration budget for Woodjam North during 2011 was $1.9 million.

Core samples were analyzed by ALS Laboratory Group, a certified facility in North Vancouver, BC. Glen Garratt, P.Geo. and Tom Schroeter, P.Eng./P.Geo. who are qualified persons within the context of National Instrument 43-101, have read and taken responsibility for this news release.

Glen Garratt, P.Geo, Director.

Consolidated Woodjam Copper Corp.

 Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

 About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 100% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who may earn up to a 70% interest in the properties.

About Gold Fields Limited

Gold Fields is one of the world’s largest unhedged producers of gold with attributable, annualized production of 3.5 million ounces per annum from eight operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfield and near mine exploration projects at various stages of development. Gold Fields has total attributable Mineral Reserves of 77 million ounces and Mineral Resources of 225 million ounces. For more information visit the company’s website at www.goldfields.co.za.

The purpose of the plans of arrangement was to preserve the interests of the shareholders of Cariboo Rose and the shareholders of Fjordland in the Woodjam properties by transferring them to Woodjam Copper, a stand-alone corporate entity focused on the exploration and development of the properties. Pursuant to the plans of arrangement between Cariboo Rose and Woodjam Copper and between Fjordland and Woodjam Copper, the interests of Cariboo Rose and Fjordland have been transferred to Woodjam Copper. The Woodjam project is subject to an earn-in option by Gold Fields.

Refer to the Cariboo Rose Information Circular dated August 26, 2011, and the Fjordland Information Circular dated September 1, 2011, for additional information concerning the plans of arrangement.

Pursuant to the plans of arrangement, a total of 19,999,986 common shares in the capital of Woodjam Copper have been issued, on a pro-rata basis, to the Cariboo Rose shareholders and a total of 29,999,998 common shares in the capital of Woodjam Copper have been issued, on a pro-rata basis, to the shareholders of Fjordland.

J.W. (Bill) Morton, P.Geo.

President and CEO

Consolidated Woodjam Copper Corp.

Contact:
Paul Way, Investor Relations

Phone: (604) 681-7913, Toll Free: 888-656-6611; email: office@woodjamcopper.com

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

About Consolidated Woodjam Copper Corporation

Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) was called for trading on the TSX-V on November 25, 2011. Woodjam Copper was created when Fjordland Exploration Inc. (“Fjordland”) (TSX-V: FEX) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB), 60%-40% partners in the Woodjam Joint Venture (“WJV”), jointly put their interests in the WJV into the new company. Shareholders of Fjordland and Cariboo Rose received shares in Woodjam Copper. Woodjam Copper currently owns a 100% interest in the Woodjam North and Woodjam South properties which are under option to Gold Fields who may earn up to a 70% interest in the properties.

The purpose of the spin-out transaction is to preserve the interests of the shareholders of Cariboo Rose and the shareholders of Fjordland Exploration Inc. (“Fjordland”) in the Woodjam properties by transferring them to WCC, a stand-alone corporate entity focused on the exploration and development of the properties. Pursuant to statutory plans of arrangement between Cariboo Rose and WCC and between Fjordland and WCC, the interests of Cariboo Rose and Fjordland are to be transferred to WCC, which then will hold a 100% interest in the Woodjam project. The Woodjam project is subject to an earn-in option by Gold Fields. This transaction will also facilitate the advancement and recognition of the other mineral exploration projects held by Cariboo Rose and projects held by Fjordland.

The effective date for the plan of arrangement has been set as November 25, 2011 (the “Effective Date”), which has also been determined as the record date for shareholders of Cariboo Rose to participate in the plan of arrangement. Shareholders of record on the Effective Date, will receive approximately 0.70 shares of WCC for every one share of Cariboo Rose that they own while retaining their Cariboo Rose shares. Fractional shares of WCC will not be issued and any fractional WCC shares resulting from the plan of arrangement will be cancelled.

The effective date for the plan of arrangement has been set as November 25, 2011 (the “Effective Date”), which has also been determined as the record date for shareholders of Fjordland to participate in the plan of arrangement. Assuming that the number of issued and outstanding shares of Fjordland remains unchanged on the Effective Date, shareholders of record on the Effective Date, will receive approximately 0.378 of a share of WCC for every one share of Fjordland that they own while retaining their Fjordland shares. Fractional shares of WCC will not be issued and any fractional WCC shares resulting from the plan of arrangement will be cancelled.

The shares of Cariboo Rose will trade ex-distribution on November 23, 2011, meaning that purchasers of Cariboo Rose shares after November 22, 2011, will not receive WCC shares pursuant to the plan of arrangement.

The shares of Fjordland will trade ex-distribution on November 23, 2011, meaning that purchasers of Fjordland shares after November 22, 2011, will not receive WCC shares pursuant to the plan of arrangement.

There are currently 28,516,577 issued and outstanding shares in the capital of Cariboo Rose, therefore, assuming no additional shares of Cariboo Rose are issued before the Effective Date, a total of approximately 20,000,000 common shares in the capital of WCC shall be issued, on a pro-rata basis, to the Cariboo Rose shareholders.

There are currently 79,186,782 issued and outstanding shares in the capital of Fjordland, therefore, assuming no additional shares of Fjordland are issued before the Effective Date, a total of approximately 30,000,000 common shares in the capital of WCC shall be issued, on a pro-rata basis, to the Fjordland shareholders.

During 2011, 42 drill holes (SE11-21 to SE11-62, inclusive) totaling 17,195 metres (m) were completed; further results will be reported in batches when received.

Southeast Zone Drilling Highlights:

Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb Cu, US$950/oz Au and US$15/lb Mo and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz) + (%Mo x 22 x Price Mo/lb))/(Price Cu/lb x 22). * = end of hole. Metallurgical recoveries and net smelter returns are not considered.

Most of the holes reported in this release tested the peripheral/outer areas of mineralization to a central, higher grade core area of mineralization.

Hole SE11-45 was collared approximately 100 m southwest of hole SE10-15 to test the western area, and encountered copper-molybdenum mineralization from approximately 104 m to the end of the hole at 422.45 m.

Hole SE11-46 was collared between holes WJ08-80, WJ08-82 and SE10-19 to test the northeastern area of the mineralization. Hole SE11-46 encountered copper-gold-molybdenum mineralization from the top of the bedrock to the end of the hole at 422.5 m.

Hole SE11-47 was collared between holes SE10-12, SE10-16 and SE11-12 to test the southwestern area of the mineralization. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock to the end of the hole at 417.6 m. Five narrow, post-mineral plagioclase porphyry dykes were also intersected.

Hole SE11-48 was collared approximately 100 m to the northwest of hole SE10-07 to test the northwestern extent of the mineralization. Anomalous copper-gold-molybdenum mineralization was intersected from approximately 87 m to the end of the hole at 416.4 m. The upper part of the hole included albitic alteration with little or no mineralization.

Hole SE11-49 was collared approximately 120 m east of hole SE11-44 to test the northeastern extent of the mineralization. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock at 146.3 m to the end of the hole at 404.2 m.

Hole SE11-50 was collared approximately 75 m west-southwest of hole SE10-17 to test for mineralization in the southwestern portion of the core area. Anomalous copper-gold-molybdenum mineralization was intersected from the top of the bedrock at 84.4 m to the bottom of the hole at 425.2 m.

Hole SE11-51 was collared approximately 60 m west of hole SE11-34 to test for higher-grade mineralization in the west-central part of the core area. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock to the bottom of the hole at 443.8 m (316 m grading 0.40% Cu, 0.04g/t Au and 0.02% Mo).

Hole SE11-52 was collared approximately 120 m northeast of hole SE11-54 to test for the northern extent of mineralization. The upper part of the hole contained very little mineralization; the lower part contained low-grade copper mineralization from approximately 350 m to the bottom of the hole at 419.4 m.

Hole SE11-53 was collared between holes SE10-09 and WJ08-95 to test the eastern extent of the mineralization; it was a retry at the same location of holes SE11-42 and SE11-43 which were lost in mineralization and in overburden, respectively. Anomalous copper mineralization was encountered from the bedrock surface at 119 m to the bottom of the hole at 417 m.

Hole SE11-54 was collared approximately 100 m north of hole SW10-18 to test the northwest extent of the mineralization. No mineralization was encountered from the top of the bedrock at 49 m to about 278m; below this, anomalous copper mineralization was observed to the bottom of the hole at 407 m.

Hole SE11-55 was collared halfway between holes WJ08-89, SE11-38, SE11-40 and SE11-41 to test the southwestern extent of the mineralization. After drilling through a 32 m post-mineral dyke starting at 113 m, anomalous to moderate copper mineralization was encountered to the bottom of the hole at 428 m.

Hole SE11-56 was an infill hole collared directly between holes WJ08-85 and SE11-28 and approximately 80 m southwest of hole SE11-25 to test for higher grade mineralization. Copper and gold mineralization was encountered from the top of the bedrock at 131 m to the end of the hole at 428.6 m (297.5 m grading 0.27% Cu and 0.07g/t Au).

Hole SE11-57 was collared 50 m east of hole SE10-18 to test the northwestern extent of the mineralization. Anomalous to moderate copper mineralization was encountered from top of hole at 70.1 m to the bottom of the hole at 405 m.

One core rig continues infill and expansion drilling on the Deerhorn, Megabuck East and Megabuck zones. One diamond drill rig is testing targets to the south of the Southeast Zone in areas devoid of outcrop.

Core samples were analyzed by ALS Laboratory Group, a certified facility in North Vancouver, BC. G. Garratt, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

Glen Garratt, P.Geo, Director.
Cariboo Rose Resources Ltd.

The purpose of the spin-out transaction is to preserve the interests of Cariboo Rose and Fjordland shareholders in the Woodjam properties by transferring them to a stand-alone corporate entity focused on the exploration and development of the properties. Pursuant to a statutory plan of arrangement, the interests of Cariboo Rose and Fjordland are to be transferred into a newly incorporated company to be called Consolidated Woodjam Copper Corp. (“WCC”) which then will hold a 100% interest in the Woodjam project. The Woodjam project is subject to an earn-in option by Gold Fields. This transaction will also facilitate the advancement and recognition of the other mineral exploration projects held by Cariboo Rose and projects held by Fjordland.

Cariboo Rose will receive and distribute 20,000,000 common shares of WCC to shareholders who will receive approximately 0.7 of a WCC share for every share of Cariboo Rose they own. Fjordland Exploration will receive and distribute 30,000,000 common shares of WCC to shareholders who will receive approximately 0.4 of a WCC share for every share of Fjordland they hold. WCC will receive $150,000 of funding from Fjordland $100,000 of funding from Cariboo Rose.

The shares of Consolidated Woodjam Copper Corp. are proposed to be listed for trading on the TSX Venture Exchange under the trading symbol WCC. Applications have been submitted to the TSX Venture Exchange for the listing of the common shares of WCC sometime following the completion of the plan of arrangement. Listing of the common shares is subject to approval by the TSX Venture Exchange.

Cariboo Rose and Fjordland will provide further guidance on the anticipated effective date of the plan of arrangement and the listing of the common shares of Consolidated Woodjam Copper Corp. on the TSX Venture Exchange. Shareholders of Cariboo Rose and Fjordland, who are on record by the anticipated effective date in mid-October 2011, will get shares of WCC.

Please refer to the Cariboo Rose and Fjordland news releases dated June 29, 2011 or the Cariboo Rose information circular dated August 26, 2011 and the Fjordland information circular dated September 1, 2011 for more detailed information, available on SEDAR at www.sedar.com.

Gold Fields Horsefly Exploration Corporation (“Gold Fields”), an exploration company owned and controlled by Gold Fields Limited (NYSE: GFI), is currently earning a 51% interest in the Woodjam North property by completing exploration expenditures totaling C$7,000,000 during the option period (36 months), and a 51% interest in the Woodjam South property by completing exploration expenditures totaling US$7,000,000 during the option period (42 months). Gold Fields is expected to vest initial 51% interest in Woodjam North property in Q1, 2012, followed by 51% interest in Woodjam South later in 2012.The budget estimates for the Woodjam North and South properties during 2011 are $1.0 million and $5.0 million, respectively, with three drills currently operating.

Gold Fields may earn an additional 19% interest (for a total of 70%) by completing additional exploration expenditures of C$12,000,000 during the option period (48 months) for Woodjam North, and at least US$8,000,000 during the option period (48 months) for Woodjam South. In addition, under the Woodjam South option agreement, Gold Fields is required to provide the Woodjam Joint Venture with a Feasibility Study to earn its 70% interest.

Bill Morton, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

J.W. (Bill) Morton, P.Geo.
President and CEO
Cariboo Rose Resources Ltd.