Fancamp Exploration Ltd.-McFaulds Lake Update

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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alcollard

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Fancamp Exploration Ltd.-McFaulds Lake Update

in response to

Next Week...

posted on Nov 27, 2007 10:12AM

BURNABY, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2007) - Fancamp Exploration Ltd. (TSX VENTURE:FNC): The Company wishes to report it is carrying out linecutting (at 50m line spacing) on the original 200m grid, to be followed by a gravity survey. This work is scheduled to be completed by year end. Preliminary results from the detailed helicopter time domain EM and magnetic survey will be available by mid-December, which, together with the ground survey results, will permit the optimum selection of drill targets.

Drilling is planned for the February/March period of 2008.

ON BEHALF OF THE BOARD

Peter H. Smith, Ph.D., P.Eng., President

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