Re: Freewest claims
in response to
by
HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Re: Freewest claims
Fancamp Exploration Ltd. (TSX VENTURE:FNC): The Company wishes to report that it has received partial preliminary data (NW lines, on 50m line spacing) from the recently commissioned helicopter borne AeroTEM II survey. The survey has confirmed, in more detail, the results of the 2003 reconnaisance Geotem survey, the magnetic and conductive maps of which were the subject of the October 17, 2007 release by the Company, and shows, in particular, the definite linkage of the conductive magnetic high of the Noront Zone with the large, conductive magnetic anomaly on the Fancamp Property, some 300 metres to the SSE. This "Linkage" forms a less intensely magnetic corridor about 150m wide which trends southerly from the SW end of the Noront magnetic feature, for about 300 metres then swings east into the Fancamp ground.
The final airborne report (including the NE/SW 100 m grid portion of the airborne grid not yet received) together with the ground geophysics, which includes a gravity survey, are expected early in the new year. A diamond drill program is planned as soon as possible following receipt of this data.
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