May 16, 2017 TSXV
Where is the info regarding this deal? Over 6 months to come to an agreement?? Are these properties commercially viable? Is fnc receiving royalties?? A little transparency would be greatly appreciated
Fancamp Exploration Ltd.: The Company is pleased to report the signing of an agreement between
itself and Polycor Inc. of Quebec City, to evaluate the commercial potential of the quartz veins on its
Lac Portage Property near Lac Megantic, Quebec. Geophysical work to test depth extensions of the
vein system is to begin immediately, and if successful will be followed by bulk sampling and
drilling. Polycor and Fancamp have successfully negotiated the sharing of exploration expenditures
and royalty payments in favour of Fancamp should the tests result in production opportunities