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: Keep an eye on Fancamp

There’s a post on LinkedIn From Blaine Webster regarding Fancamp. “Fancamp Resources owns approximately 5.5 million shares of Champion Iron Mines Ltd. who operates the Bloom Lake mine which produces high grade iron concentrate of 66.5% FeT that is sold at a premium due to the grade and lack of contaminants. The accompanying map, from Champion's website, shows the various blocks owned by major companies, covering most of the area. Fancamps' 100% owned Lamelee South deposit contains NI 43-101 estimated resources of 74.7 Mt indicated resource @ 31.6% FeT and 229.3 Mt inferred resource @ 30.5% FeT, using a cut off grade of 15% FeT. Preliminary concentrate estimates for the deposit are in the range of 64.3% . Champion Iron stock has been going up with the rising price of iron starting in March and accelerating in May. Once the economy is restarted massive amount of infrastructure will be built and iron ore concentrates will be in demand.”

 

One of the replies is from Fancamp Manager Enrico Di Cesare.  “Keep an eye on Fancamp. Lots going on besides Iron Resources.”

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