Fancamp Exploration Ltd. announced the initiation of a 45-line-kilometre ground Induced Polarization (IP) geophysical survey on its Clinton and Stoke Projects, located in the Eastern Townships of Quebec. Both Clinton and Stoke Projects have been subject to recent drilling campaigns; a total of 1,294 metres across 6 holes were drilled during first quarter 2022 in the northern part of the Clinton property with success validating the extension of historical lens "A" to a minimum of 100 metres along strike and at shallow depth, and 1,119 metres across 3 holes were drilled during second quarter 2022 at the Stoke property which successfully intersected a mineralized trend to a vertical depth of approximately 250 metres. The intended IP surveys will be conducted in areas where known copper mineralization had been identified during past exploration work, including, and following on the recent drill programs completed during Spring 2022 on both respective properties.

Refer to press releases dated June 14, 2022, August 17, 2022, and September 8, 2022, for previous exploration program results. The IP results will be incorporated into 3D models for both Clinton and Stoke, respectively. This work will pave the way for Fancamp to generate greater interpretation of geological data and a comprehensive work plan of the unique Stoke-Weedon and Clinton volcano sedimentary VMS rich sequences.