Fancamp Exploration Ltd. is pleased to announce that the Company has completed the closing of a second tranche in connection with its previously announced non-brokered private placement financing of up to 5,791,000 flow-through shares of the Company for gross proceeds of up to Cdn$450,000. At closing of the second tranche of the private placement, the Company issued 1,200,000 flow-through shares for gross proceeds of [...]
Fancamp Exploration Ltd. is pleased to announce that the Company has completed the closing of a first tranche in connection with its previously announced non-brokered private placement financing of up to 5,791,000 flow-through shares of the Company for gross proceeds of up to Cdn$450,000. At closing of the first tranche of the private placement, the Company issued 3,125,000 flow-through shares for gross proceeds of [...]
Fancamp Exploration Ltd. is pleased to announce a non-brokered private placement financing of up to 3,125,000 flow-through shares of the Company at a price of Cdn$0.08 per share and of up to 2,666,667 flow-through shares of the Company at a price of Cdn$0.075 per share , for gross proceeds of up to Cdn$450,000. The directors of Fancamp have approved the Offering. Subject to TSX Venture Exchange acceptance, the Company [...]
Fancamp Exploration Ltd. is pleased to announce that a winter drill program will commence in January on its 100% owned Heenan and Mallard Gold Properties located in the Swayze Greenstone Belt. This summer’s and fall geochemical and prospecting programs identified anomalous gold mineralization on both Properties. At Heenan, these gold values coincide with a folded and faulted portion of the Woman River Iron [...]
Fancamp Exploration Ltd. is pleased to report that drilling is to commence in mid-December to test a promising multi-element Mobile Metal Ion soil anomaly at the intersection of prominent structures interpreted from LiDAR and an aeromagnetic survey conducted in September by drone at 50m line spacing. The drill target is one of several targets selected following receipt from SGS Canada of MMI results on 395 soil samples [...]
Fancamp Exploration Ltd. The Company is pleased to report the acquisition of an option to purchase 100% interest in the Gouin East alkaline carbonatite complex, located some 120 km west of St. Félicien in Québec’s Lac St. Jean, Saguenay region. This is a brand new discovery, and has never been explored, rather remarkable, given its size and proximity to infrastructure, 75 km from rail and 25 km from a [...]
Fancamp Exploration Ltd. is pleased to announce that a line cutting and geophysical program has commenced on its 100% owned Mallard Gold and Heenan Properties, located 15 km west of IAMGOLD’s Coté Lake Deposit situated within the Swayze Greenstone Belt, Ontario. A total of approximately 20 km of line cutting is currently being completed, which will be followed by induced polarization and magnetometer surveys [...]
Fancamp Exploration Ltd. has recently completed a 1,220 line kilometer Geotech VTEM survey over sectors of the under-explored 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 [...]
Fancamp Exploration Ltd. is pleased to report on soil sampling and prospecting programs on its 100% owned Mallard Gold and Heenan Properties, located 15 km west of IAMGOLD’s Coté Lake Deposit, located in the Swayze Greenstone Belt, Ontario. The two properties are located on the Swayze volcanic pile iron formation that is the source of a 27 Km long magnetic anomaly in southeast Heenan and western Mallard [...]
Fancamp Exploration Ltd. is pleased to report selected results from soil samples taken this field season on its optioned 3,430 ha Mactaquac Property, belonging to Edge Exploration Inc., in southern New Brunswick . It should be pointed out that the area is almost entirely overburden covered and is virtually unexplored. In particular, what is emerging is the recognition through the proprietary SGS mobile metal ion [...]
Fancamp Exploration Ltd. is pleased to announce Dallas W. Davis, P.Eng., has been appointed principal advisor to the Board, effective immediately, and we welcome his participation, which has arisen out of our mutual interests in mineral exploration and new technologies. In 2019 Mr. Davis became co-founder and President of Edge Exploration Inc., a private mineral venture development company which has an option agreement [...]
Fancamp Exploration Ltd. provides comments with regards to a claim filed against the Corporation and The Magpie Mines Inc. , a subsidiary of the Corporation, by Fouad Kamaleddine, a former officer of the Defendants, and FFK Consulting Services Inc. in the Ontario Superior Court of Justice. In April 2019, the Corporation and Magpie received a statement of claim relating to liquidated damages for termination of the [...]
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