Fancamp Exploration Ltd. (TSXV:FNC) announced that it has signed the final agreement with Uragold Bay Resources Inc. (TSXV:UBR) regarding the sale of 32 claims adjoining Uragold’s Quebec-based Beauce placer gold project.

As quoted in the press release:

Uragold’s current Beauce paleoplacer project, 5 claims situated between the Rang Chaussegros and the Rang Gustave, covers only twenty-six percent (26%) of the entire historic paleoplacer gold channel. Now that the transaction is closed, the Uragold Bay claims cover the full 6.5 km strike length of the paleo-placer gold channel.

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