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VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2010) - Fancamp Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce the start of a 2500 metre plus reconnaissance drill programme on its recently optioned Stoke and Clinton properties in Quebec's Eastern Townships. The targets include a range of VMS and gold occurrences, some of which have never been drill tested. In December and January of this year the Company carried out 3300 line kilometre VTEM surveys over these properties and the Company's North Megantic property. Numerous previously unknown conductive targets were identified, as well as extensions of known deposits on the Clinton block. Some of these targets will be included in the present drill programme.

The Company also intends to drill further targets on its 844 claim, 86,750 acre (34,700 ha) Beauce property which includes the historic Gilbert River placer deposits, the site of Canada's first major gold rush in the 1840's and 50's. These placers, located in the small Gilbert River Valley, on the eastern side of the Chaudiere River 60 miles (96km) south of Quebec City, were characterized by the presence of large fist size nuggets. These placers of pre-glacial age, are restricted to the valley itself and are in the Company's opinion locally derived. They can be considered, in a geochemical sense, to be a major gold anomaly. To date, no definite bedrock source has yet been identified, although the Company's reconnaissance drilling in the area last fall indicated the presence of highly prospective silicification and quartz vein systems.

The Company intends to begin testing with Actlab Soil Gas Surveys in the area immediately, given the apparent success of this approach in identifying the presence of gold bearing structures on the Golden Hope Mines Property located immediately to the east, in the same stratigraphic and structural environment. The Beauce property itself covers some 19.4 miles (31 km) strike length of highly prospective structure and stratigraphy. Further analysis of past company airborne and ground geophysical surveys has also identified new and untested targets.

Fancamp is currently one of the largest property owners in the Eastern Townships, holding 2,081 claims covering some 289,075 acres (115,230 hectares) covering ten properties, most of which have been acquired by staking. Put another way, the Company currently controls a total of 128 miles (205 km) strike length of prospective structure and stratigraphy. Ongoing compilation work has identified numerous gold and base metal showings, some untouched for decades, so the potential of these grassroots properties remains very interesting indeed. Prospecting programmes are planned for this summer concurrently with the reconnaissance drilling.

In other matters, the Company is very pleased to announce the appointment of Robert N. Granger, Q.C. to the Board of Directors. Mr. Granger, who was for many years a corporate and securities lawyer practicing in Toronto, is currently Chairman of the Grange of Prince Edward, an Estate Winery, and is Chairman of Copper Reef Mining Corporation and other exploration companies active in Canada and abroad.

ON BEHALF OF THE BOARD

Peter H. Smith, PhD., P.Eng., President

S.E.C. Exemption: 12(g)3-2(b)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.