Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: Fancamp to Acquire Godbout Uranium Property

Here we go gang.....:)


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 26, 2009) - Fancamp Exploration Ltd. (TSX VENTURE:FNC): The Company wishes to announce the signing of an option to acquire, with a 50% partner, 100% of a potentially significant uranium discovery located some 70 kilometres north of Godbout on Quebec's North Shore. The property, which is accessible by lumber roads, consists of 48, 52 hectare claim units, and has, for the past two years been the site of a limited grass roots programme carried out by a previous optioner, including an airborne mag/radiometric survey. The uranium mineralization is associated with pegmatite dykes cutting granitic gneisses. Historic assays of this material included values up to 0.82% U308, with U/Th ratios almost uniformally in the 4-6 range. Rare earth metals were also reported

That my friends, says it all. U308? Yea maybe but rees. Reminds me of QUC

Don

Share
New Message
Please login to post a reply