OLUMBIA--(Marketwire - May 26, 2010) - Fancamp 
                    Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. (the 
                    "Company") wishes to announce that drilling is scheduled to restart on the 
                    McFaulds property on about June 8, 2010, with deep holes on the C-1 and C-6 
                    targets as first priority. The Company is also looking at chromite targets, 
                    as Noront's Blackbird deposits strike northeastward into Fancamp's ground.
                    
                    A 2500 metre reconnaissance drilling programme on the Company's gold and 
                    base metals targets in the Stoke Mountains and at Clinton in the Quebec 
                    Appalachians will begin in the latter part of June. Trenching and channel 
                    sampling are currently underway in the Stoke Mountain sector where 
                    historical assays in drill holes reported, for example, 4.8 g/t Au over 1.9 
                    m and 6.34% Cu over 5.1 m. (This historical information was prepared by 
                    previous operators and is non 43-101 compliant. A qualified person has not 
                    done sufficient work to review the quoted numbers and they should not be 
                    relied upon.)
                    
                    Increased activity on the iron properties of the Champion Minerals Inc. 
                    ("Champion"), option in the Fermont Iron Ore District of northeastern 
                    Quebec, will see further benefits for the Company as the final Champion 
                    option cash, share payments, and work expenditures to vest at 65% will take 
                    place in the coming months. Champion previously announced a Mineral 
                    Resource Estimate on the Bellechasse and Fire Lake North Claim Blocks under 
                    NI 43-101 guidelines. The estimate totals 503.3 million tonnes grading 
                    28.0% iron in the Inferred Mineral Resources category. Bellechasse hosts 
                    215.1 million tones grading 28.7% iron, whereas Fire Lake North hosts 288.2 
                    million tonnes grading 27.5% iron (all at a 15% iron cut-off grade). 
                    Champion had previously announced 8 claim blocks with historical mineral 
                    resources of 694 million tones grading 30.4% iron, but now after 2 of the 8 
                    claim blocks (Bellechase and Fire Lake North) host a current MRE, there are 
                    6 remaining claim blocks that host historical mineral resources of 578 
                    million tones grading 30.4% iron. Refer to the Champion website for further 
                    details - www.championminerals.com.