Fancamp Exploration Ltd.: Magpie Mines Awarded $3.9 Million SDTC Funding

BURNABY, BRITISH COLUMBIA--(Marketwired - July 28, 2017) - Fancamp Exploration Ltd. ("Fancamp") (TSX VENTURE:FNC) is pleased to announce that its Westmount-based subsidiary, The Magpie Mines Inc. (Magpie), has been awarded $3.9 million in funding to support the commissioning and operation of a 1-tpd (tonne per day) demonstration plant to produce high-grade synthetic rutile (TiO2) from low grade titanium feeds, the objective being to provide sufficient engineering data for scaling a commercial-scale plant, and to generate large samples of products for customer evaluation. The funding will be provided by Sustainable Development Technology Canada (SDTC) an arm's-length foundation created by the Government of Canada to bring early-stage clean technologies to market.