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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Message: Fancamp Adds New Member to Advisory Board
Fancamp Adds New Member to Advisory Board
10:09 EDT Thursday, October 21, 2010

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 21, 2010) - Fancamp Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. ("the Company") is pleased to announce the appointment of Mark Billings to its Advisory Board.

Mark Billings is the President and CEO of Orex Exploration Inc., a junior gold exploration company with properties in and around Goldboro, Nova Scotia. Mr. Billings also serves as the Chief Financial Officer of Argex Mining, a junior mining exploration company with titanium, vanadium and iron ore assets in Quebec. He is on the board of directors of a number of companies in Canada and the United States.

Prior to joining Orex Exploration, Mr. Billings served as Chief Financial Officer for private and public Internet companies from 2000 to 2006, as well as running his own financial consultancy, Marengo Management Inc. From 2004 to 2006, Mr. Billings was Vice-President of Corporate Finance with Desjardins Securities Inc., where he led a number of public and private financings and took companies public on the Canadian exchanges.

Mr. Billings has a Master of Business Administration degree, with honours, from the Harvard Business School, from which he graduated in 1995. He graduated with a Bachelor of Arts in Political Science, with highest honours, from Carleton University in Ottawa in 1992. In 2002, he was awarded the Chartered Financial Analyst (CFA) designation from the CFA Institute in Charlottesville, Virginia.

Mark Billings is a welcome member to this Board, and will effectively contribute his experience and knowledge along with John Harvey P. Eng, Ed Thompson P.Eng. and Mackenzie I. Watson, P.Eng.

ON BEHALF OF THE BOARD

Peter H. Smith, PhD., P.Eng., President

S.E.C. Exemption: 12(g)3-2(b)

FOR FURTHER INFORMATION PLEASE CONTACT:

Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172


www.fancampexplorationltd.ca
or
Bay Street Connect Investor Relations
Michael D'Amico

647-500-6023



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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