Mr. Patrick Laracy reports

VULCAN MINERALS INC. OPTIONS VOISEY'S BAY SOUTH CLAIMS TO FJORDLAND EXPLORATION INC.

Vulcan Minerals Inc. has signed a binding letter of intent with Fjordland Exploration Inc. granting Fjordland the option to acquire a 65-per-cent working interest in 30 mineral claims located in the South Voisey's area, Labrador. Under the terms of the agreement, Fjordland has the option to pay Vulcan $45,000 and incur $150,000 in exploration expenditures over a period of three years. If the option is exercised a joint venture will be formed whereby Vulcan will be carried for 100 per cent of its joint venture expenditures on the claims until Fjordland earns its full interest from Commander Resources Ltd. on surrounding contiguous lands or a minimum expenditure of $7-million on those lands.

The property is contiguous to mineral tenure held by Fjordland and Commander as part of their South Voisey's Bay nickel-copper-cobalt project (SVB). Fjordland's strategic investor, High Power Exploration Inc., has notified Fjordland that it intends to finance a minimum of $1.2-million of the proposed 2018 summer drill program on the SVB project.

Patrick J. Laracy, PGeo, president, is the qualified person responsible for the contents of this news release as defined in National Instrument 43-101.

We seek Safe Harbor.