Fancamp Reports Drill Results at Iron-Titanium Project

Fancamp Exploration Ltd. (TSXV:FNC) announced the NI 43-101 in pit mineral resource estimate prepared on the Magpie iron-titanium property.

As quoted in the press release:

The results of 34 drill holes over a 3.4 km strike length show the remarkable homogeneity of the Magpie Number 2 Deposit. Inverse distance squared (1/d²) grade interpolation was undertaken on 5 metre composites in constraining wireframes.

The Magpie #1 and #3 Occurrences, with their non NI 43-101 compliant historical resources of Proven and Probable Mineral Reserves of 89.2 million tonnes of 43.7% FeT (62.5% Fe₂O₃), 10.0% Ti0₂ and 1.3% Cr₂O₃, and 86.6 million tonnes of 40.7% FeT (58.2% Fe₂O₃), 10.3% TiO₂ and 3.7% Cr₂O₃, respectively, are not as yet included.

Click here to read the Fancamp Exploration Ltd. (TSXV:FNC) press release.