Fancamp Exploration Ltd. (TSXV:FNC) President & CEO, Jean Lafleur, talks about selling off a lot of interests for cash, shares, and royalties and advancing the Magpie asset in 2014.
Fancamp Exploration Ltd. (TSXV:FNC) President & CEO, Jean Lafleur, spoke to Resource Investing News at the Vancouver Resource Investment Conference about making an effort to sell off a lot of interests for cash, shares, and royalties, “putting a lot of properties into the hands of capable individuals, companies that can raise dollars and can advance our projects to the next decision stage.” Mr. Lafleur also shares that catalysts in 2014 include the advancement of the Magpie asset, a titanium-chrome project in Quebec, of which Fancamp owns 47%.
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company with an exceptional inventory of resource projects at various stages of development covering more than 1,710 km2 in three provinces. The commodities include hematite magnetite iron formations, titaniferous magnetite and hematite, nickel/copper/PGM, chromite, Volcanogenic Massive Sulphides and gold. Fancamp is focused on enhancing shareholder value by identifying and acquiring early-stage projects with excellent mineral potential; advancing them to the next decision stage with efficient exploration; selling, optioning or joint venturing them to solid partners for cash and shares of the partnering companies and inheriting a significant royalty on future production.