Fancamp Exploration Ltd.
TSX VENTURE : FNC

Fancamp Exploration Ltd.

October 27, 2014 13:13 ET

Fancamp Exploration Ltd.: Update, Magpie Test Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 27, 2014) - Fancamp Exploration Ltd. ("Fancamp") (TSX VENTURE:FNC) The company wishes to report final test results on bulk samples from its 46.7% owned Magpie Mines Inc. massive titaniferous magnetite mineralization sent to China for testing in late 2013. The work was carried out by the Pangang Group using their proprietary technology for beneficiating the ore, and producing Fe-concentrate suitable for Pangang (and some other Chinese) smelters. Test work included studies of the properties and relative grindability of the mineralized material, in addition to ore beneficiation using multi-stage-grinding and separation to achieve optimal Fe concentrates.

Results show that the Fe-concentrate produced by beneficiating this material meets Pangang's specifications. Further discussions and meetings between Magpie and Pangang managements are scheduled to take place during the month of November 2014.

About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)

Fancamp Exploration Ltd. is a Canadian junior mineral exploration company that continues to evolve into a holder of shares in partner companies and royalties on near-term producing mines. These assets are designed to generate free cash flow without further shareholder dilution.

Fancamp has an exceptional inventory of resource projects at various stages of development in three provinces. The commodities include hematite-magnetite iron formations, titaniferous magnetite, hematite, nickel/copper/PGM, chromite, Volcanogenic Massive Sulphides and gold.

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

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