Fancamp Exploration Ltd. Update
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In other matters, Fancamp is encouraged by the recent geophysical results published by HPQ Silicon Resources on May 11th, 2017 regarding the historic Gilbert River placers on their Beauce Gold Property, originally held by Fancamp and 32 claims of which were sold to HPQ's predecessor company Uragold Bay Resources in 2013, in return for shares and a Gross Metal Royalty of 3.5%. In 2007, as part of its exploration program in the district, Fancamp flew 750 detailed line km of magnetic, gradient magnetic, VLF and topographic surveys over the area which includes the Gilbert River placers themselves. Results from the Gilbert River sector revealed a series of discordant structures at the head of the river basin, in effect confirming HPQ's new reconnaissance results.
This report was prepared by the Company's QP, Mike Flanagan, MScA. P.Geo.
ON BEHALF OF THE BOARD
Peter H. Smith, PhD., P.Eng., President
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S.E.C. Exemption: 12(g)3-2(b)
Contact
Fancamp Exploration Ltd.
Peter H. Smith, President, CEO and Chairman
+1 514 481 3172
www.fancampexplorationltd.ca