Fancamp acquires two additional claims at Mallard

Jan 4, 2019

2019-01-04 15:06 ET – News Release

Dr. Peter Smith reports

FANCAMP PURCHASES ADDITIONAL MALLARD CLAIMS

Fancamp Exploration Ltd. has purchased two key legacy claims, which are part of the historic mineralized trend located in the central part of the 10,000-acre Mallard property and scheduled to be drilled in mid-February, 2019. The claims, totalling 84 acres, include a number of historic showings, a percussion hole on one of which yielded an assay of 0.93 ounce per ton over seven feet.

The terms of the transaction include the issuance of 100,000 fully paid up shares of Fancamp Exploration, a $6,000 payment and a retained 0.05-per-cent net smelter return royalty.

The original vendor of the property, Blaine Webster, continues to be engaged with the exploration process and is scheduled to deliver a talk on the subject at the Sudbury Prospector’s meeting on Jan. 15, 2019.

This news release was written by Dr. Peter Smith, PhD, PEng, the company’s qualified person.

About Fancamp Exploration Ltd.

Fancamp Exploration is a public company 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 company 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. In addition, the company has begun to build on the industrial possibilities inherent in dealing with some of these materials.

http://www.fancampexplorationltd.ca/