Fancamp Exploration conducts VTEM survey at Madison

Oct 16, 2019

2019-10-15 14:21 ET – News Release

Mr. Peter Smith reports

FANCAMP ZEROES IN ON THE MINERAL RICH APPALACHIAN PIEDMONT IN VIRGINIA — “THE MADISON PROJECT”

Fancamp Exploration Ltd. has recently completed a 1,220-line-kilometre geotech VTEM (versatile time domain electromagnetic) survey over sectors of the underexplored Appalachian Piedmont, in the state of Virginia. This, combined with compilation of geological, geophysical and geochemical databases, has enabled the identification of highly prospective trends with respect to gold and base metals. Widespread historical mineral occurrences along these trends, many of which were exploited to shallow depths in the 18th and 19th centuries, remain untouched by modern exploration methods.

The company is currently following up on a number of priority targets generated by the VTEM survey and compilation work. Negotiations with multiple landowners are under way regarding property access and mineral rights lease agreements.

About Fancamp Exploration Ltd.

Fancamp is a public corporation using a value-added strategy predicated on the acquisition of potentially valuable assets, adding value through the selection process itself and subsequent development work, self-financed or otherwise, followed by disposition, proceeds from which are used to finance the same process multiple times. The corporation has an exceptional inventory of resource properties in Quebec, Ontario and New Brunswick; commodities of interest include gold, base metals, chromium, titanium, iron and silica.

https://fancampexplorationltd.ca/en