Fancamp Exploration

Highly prospective exploration company McFauld's Lake: very significant Nickel & Chromite mineralization - Magpie Property: World class Titaniferous Magnetite deposit.

The Riviere des Plantes area in the western part of the property contains molybdenum and gold bearing porphyry intrusions, and in fact, the last hole drilled in the reconaissance programme was targeted on a strong magnetic feature believed to be a small felsic intrusion. The hole, which was left incomplete in overburden was sited on a strong IP anomaly within this feature. The magnetic feature is characterized by a strong coincident molybdenum antimony geochemical soil anomaly. This hole will be completed following planned resumption of the programme later in 2010. (parts of this magnetic anomaly extend on to the adjoining Gartner claims, which explains the recent option agreement entered into by the Company).

Finally, an interesting band of massive fine grained magnetite extends across the Riviere des Plantes sector for some 3.5 km. Potential tonnages are large given that historic drill holes have shown this band to be as much as 27 metres in thickness. It is interesting that grab samples from this band contain significant amounts of zirconium.


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rago1
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Fancamp Exploration
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FNC
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TSX-V
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151,567,752 FD 8/26/2013
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Metals & Minerals
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