Fancamp obtains exceptional results from selected grab samples and completes airborne magnetic survey at DiLeo property in Frotet-Troilus area of Québec - Seite 2

Fancamp has just completed a detailed airborne magnetic survey in conjunction with UrbanGold. The survey was flown by Prospectair Géosurveys Inc. of Gatineau Québec under the supervision of Joël Dubé, P.Eng. of Ottawa, Ontario. The 1681-line kilometre (“l-km”) survey included 246 l-km over Fancamp’s DiLeo property and 1435 l-km over UrbanGold’s Golden Road property located immediately northwest of the DiLeo property. This survey was flown at 50m line spacings at a nominal sensor height of 30 metres and will thus provide very precise, detailed lithological and structural information. This data, available shortly, will be used by Fancamp to design a mechanical excavator outcrop stripping and sampling program expected to begin in late August or early September. Compilation and re-interpretation of previous airborne, surface and down-hole geophysical data is currently underway which will also be used to plan the excavation work. Drilling of airborne electromagnetic anomalies corresponding to the DiLeo and DiLeo NE occurrences have confirmed that these anomalies are caused by base metal mineralization. There are three other airborne electromagnetic anomalies underlying the property that are yet to be tested by drilling.

The analytical results reported by Fancamp in this release were determined at Bourlamaque Assay Laboratories (“Bourlamaque”) in Val d’Or, Québec by fire assay, atomic absorption technique for gold (Code Py-SAA_Au) and acid digestion, atomic absorption technique for copper, silver, lead and zinc (Code DIG_2A-SAA_CuAgPbZn). Bourlamaque is independent of Fancamp, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Jean Bernard (P.Geo.) is the designated “Qualified Person,” as defined in Section 1.2 in and for the purposes of National Instrument 43-101, that reviewed the technical content of this release on behalf of Fancamp.

About Fancamp Exploration Limited (TSXV: FNC)

Fancamp is a public company using a value added strategy based 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 Québec, Ontario and New Brunswick; commodities of interest include gold, rare earth elements, strategic metals, 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. The Company is a reporting issuer in British Colombia, Alberta, Ontario and Québec and its common shares are listed for trading on the TSX Venture Exchange under the symbol FNC.