Fancamp Exploration Ltd. is a growing public Canadian mining exploration company which has over the years demonstrated a remarkable longevity in the hugely high risk rough and tumble world of grassroots mining exploration.
Early days saw an abundance of share issuances and the usual cutbacks, and for about six years, up until year end 2019, the Company has used what are in effect dividends from property dispositions to finance its exploration efforts. This policy is changing to include the sale of shares to fund its multiple greenfield exploration projects and to materially grow the Company's active shareholder base.
The underlying theme of the Company’s activity remains constant, the acquisition of grassroots and occasionally developed properties through staking and in a restricted number of cases through outright acquisition or option, representing in effect a strong risk management strategy.
Currently, the Company holds a large share position in Champion Iron Mines Ltd. which provides a significant financial backstop, enabling the Company to look at alternate routes to enhance shareholder value.
The Company’s co founder, Peter H. Smith, PhD, P.Eng., is President and CEO, based in Montreal. He is a geologist and a former Director of the PDAC.
A British Columbia company, Fancamp is listed on the TSX.V (FNC) and the Chief Financial Officer, Debra Chapman, is based at the Company’s head office in Burnaby.
One current focus is a series of large 100% owned grassroots gold and base metal prospects in Northern Ontario. The projects are being managed by Messrs. Blaine Webster P.Geo, of Ottawa, the original vendor and Joerg Kleinboeck P.Geo of North Bay, Ontario. The photo gallery below represents prospecting on the Mallard gold property.
More recent acquisitions directed toward the Rare Earth and specialty metal sector under the direction of Messrs. Jean Bernard P. Geo of Thetford Mines and Jean Laforest P.Geo of Quebec City are represented in the Baude Lake and Gouin projects.
|Company Name||Fancamp Exploration Ltd|
|Address||7290 Gray Avenue |
|President||Peter H. Smith|
|Hours of Operation||NA|
|Phone Number||Locked content||Subscribe to view|
|Fax Number||Locked content|