Fancamp Reports Third Set of Assay Results from Lac Lamelee South Diamond Drilling Program, Yet Stocks Fall to Year Lows

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Fancamp Exploration Ltd. (FNC.V) announced the third set of iron assay results from the completed summer-fall NQ diamond drilling program at its wholly owned Lac Lamelee South Iron Project, located 100 km southwest of Fermont (Quebec) in the heart of the Fermont-Wabush-Labrador City Iron Camp.

The company said the best assay interval were 283.5 metres grading 29.0% Fe( T ) (41.5% Fe2O3) in drill hole LS-12-18.

FNC is down by 7% to year low 13 cents despite the announcement. Volume traded is about 14,000.



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