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Message: FNC takes more claims in the Beauce.......

FNC takes more claims in the Beauce.......

posted on Jan 04, 2010 03:52PM

FNC takes more claims in the Beauce.......


Fancamp Exploration Ltd.: Option to Acquire Riviere Des Plantes Property

VANCOUVER, BRITISH COLUMBIA, Jan. 4, 2010 (Marketwire) -- Fancamp Exploration Ltd. (TSX VENTURE:FNC): The Company wishes to announce the acquisition of an option to acquire a 100% interest in 22 claims, located north of Beauceville on the Riviere Des Plantes. The claims are adjacent to the western margin of the Company's Beauce Gold property and cover some potentially interesting targets.

To earn a 100% interest in the property Fancamp will issue a total of 90,000 common shares, and spend $40,000 on exploration and development over two years. The vendor will retain a 2% NSR of which 1% may be bought back at any time for $1,000,000.

ON BEHALF OF THE BOARD

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

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

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.


Source: Marketwire Canada (Jan 04, 2010 15:06:17 EST)
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