Fancamp Exploration Ltd. announced complete results of the Corporation's Induced Polarization geophysical survey on its Clinton property located in the Eastern Townships of Québec, Canada, one of the top jurisdictions globally in terms of attractiveness for exploration investments. The IP survey conducted this winter at Clinton targeted the Southern extension of a favorable geological horizon which hosts the past producing Clinton “O” mine and the known massive sulphide lenses containing historical non-compliant NI 43-101 resources of 1.52 Mt at 2.02% Cu and 1.54% Zn, an area where known copper mineralization had been identified across past exploration work and recent drill programs completed during Spring 2022. Interpreted results of the survey indicates strong chargeability and conductivity anomalies (IPCS-5) along the targeted favorable horizon consistent with a response from sulphide mineralization.

An additional anomaly, IPCS-4, closely related and parallel to the main anomaly, IPCS-5, could indicate the possibility to discover multiple ore shoots in the area. These results shine a spotlight on new and under-explored areas of the Clinton property, 5.5 kilometres south of the current area of known massive sulphide lenses, where Fancamp believes more copper-zinc mineralization can be discovered. The IP survey configuration allowed Fancamp to survey down to a vertical depth of 300 metres.

This compares favorably to the previous 2010 airborne VTEM geophysical survey which achieved limited depth penetration. Results received from the 2023 IP survey delineate the best target as anomaly IPCS-5 on line 4700S, where the anomaly is located between 150 and 200 metres vertical depth. Thus, the new technology deployed by Fancamp on the Clinton property paired with geological interpretation produced a first-priority target for a future drilling program.

Fancamp aims to advance promising projects such as Clinton in order to maximize shareholder value through reliable compilation and interpretation of data collected across various geophysical surveys, and supported by historical work, which in this case further validates that the Clinton Project hosts vast sulphide copper mineralization potential.