Last C$0.09 CAD
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Company Description

Contact Info

7290 Gray Avenue

Burnaby, BC V5J 3Z2

Canada

Phone: 604-434-8829

Fax: 604-434-8823

Fancamp Exploration Ltd., an exploration stage company, engages in the exploration of mineral properties in the provinces of Ontario, Quebec, and New Brunswick, Canada. 100% Owned McFaulds Fancamp Property, Ontario: The company has a 100% ownership interest in 16 claims in the Province of New Brunswick. 100% owned claims in the Province of Quebec: The company has a 100% ownership interest in 403 claims in the Province of Quebec. 100% owned claims in the Province of Ontario Norway Lake claims: In 2008, the company entered into an agreement to acquire 105 claim units in the Thunder Bay Mining Division. Mineral properties interests held jointly with others Mt. Reed / Mt. Wright claims: The company owns a 50% interest in 582 claims in the Mt. Reed / Mt. Wright region. Hanna Uranium claims: The company owns a 50% interest in 52 claims in Quebec. The claims are held jointly with Sheridan. Longue Pointe de Mingan claims: The company owns a 50% interest in this 8 claim (2008 – 39 claims) property. St. Urbaine claims: The company owns a 50% interest in 3 claims (2008 – 3 claims) in Quebec. The claims are held jointly with Sheridan. Dieter Lake claims: The company owns a 50% interest in 261 claims (2008 – 261 claims) in Quebec. The claims are held jointly with Sheridan. George River claims: The company owns a 50% interest in 368 claims (2008 – 368 claims) in Quebec. The claims are held jointly with Sheridan. Baie Comeau claims: The company owns a 50% interest in 52 claims (2008 - 274 claims) in Quebec. The claims are held jointly with Sheridan. Villebon Nickel claims: The company owns a 50% interest in 18 claims in Quebec (107 claims expired during the year). The claims are held jointly with Sheridan. Desolation Lake claims: The company owns a 50% interest in 58 claims (2008 – 59 claims) in Ontario. The claims are jointly held with Sheridan. Mineral property royalty interests Fancamp Township claims: The company holds a 10% net profits royalty on 17 mineral claims in Quebec. Mountain claims: The company holds a royalty interest of 0.5% net smelter returns on 29 claims in Quebec. Johan Beetz claims: Uracan Resources Ltd. has earned a 100% interest in the previously held 50% interest in 1,703 claims in Quebec. Baie Comeau claims: As at August 29, 2008, RT Minerals has earned their 100% interest in these claims and Fancamp. Significant Events On December 9, 2009, Fancamp Exploration Ltd. announced the acquisition of an option to acquire 100% of a near 30,000 acre (12,000 hectares) prospective gold, copper, zinc property located approximately 56 miles (90 kilo meters) SW of its Beauce Gold Property in Quebec's Eastern Townships.

 

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Price/Sales 33.4x
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TEV/Sales 33.7x
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