Dr. Peter Smith reports

FANCAMP EXPLORATION LTD.: DRILL PROGRAM DEMONSTRATES HIGH GRADE GOLD VEIN CONTINUITY ON THE GASPE BAY GROUP PROPERTY (ROBIDOUX) IN WESTERN GASPE

Fancamp Exploration Ltd. has released results from the drilling program completed in December, 2014. As mentioned in the news release of Dec. 23, 2014, the program tested the A zone vein to vertical depths of 35 to 155 metres and also tested a splay fault hosting a feeder vein system to the A zone to vertical depths of 30 to 70 metres. Analytical results have been completed for the nine drill holes that comprised the phase 1 drilling program completed on Dec. 10, 2014. Results are summarized in the table; metallic sieve assay methods were used given the profound nugget effect.

                            ROBIDOUX DRILL RESULTS
                                                               Au         Au 
                                       Core              (greater (less than
Diamond          From         To     length   Au total   than 100        100
drill hole         (m)        (m)        (m)      (g/t)   microns)   microns)

RBD-14-02          76       78.5        2.5      2.406      2.496      2.398
including          76       76.5        0.5       7.72       7.24       7.75
RBD-14-03         154        155        1.0       0.84       5.67       0.75
RBD-14-04        42.5       43.5        1.0       4.07       6.64       3.78
including        43.0       43.5        0.5       7.81      12.05       7.27
RBD-14-05        19.2       20.2        1.0       7.85       9.72       7.65
RBD-14-06        45.0       46.1        1.1       2.10      3.875      1.962
RBD-14-07          25         39       14.0      0.737      1.092      0.713
including        25.0       28.5        3.5       1.50      1.885      1.474
RBD-14-08        11.0       12.0        1.0       5.36       5.21       5.37
RBD-14-08        22.9       26.0        3.1       0.40      0.463      0.403
RBD-14-09        75.5       76.0        0.5       0.80       8.33       0.10
RBD-14-09        89.5         90        0.5       0.54       5.43       0.09

On the A zone quartz vein, which at surface varies in width from 10 centimetres to 3.1 metres (see the news release of Oct. 22, 2014, for results of channel sampling program), drill holes RBD-14-01, 02, 03, 04 and 05 were drilled across the width of the vein to test its extensions to the north and at depths to 130 metres. The vein was tested over a strike length of about 50 metres. Drill hole RBD-14-01 did not hit the quartz vein due to a fault.

Drill hole RBD-14-02 was drilled toward the southern end of the A zone vein, where the surface exposure of the vein at this section was 0.6 metre wide. This hole intersected the downdip extension of the quartz vein at a depth of 75.6 m (50 m vertical depth). A 2.5 m interval gave a weighted average grade of 2.4 grams per tonne Au, within which was a 0.5 m sample grading 7.24 g/t Au. The width of the vein in this hole suggested that the vein widens with depth. Drill hole RBD-14-03 was drilled below drill hole 02 to test the downdip extension at a vertical depth of 125 metres. A narrow vein was encountered and a one m sample gave a weighted average from the two size fractions of 0.84 g/t Au, with the coarse fraction grading 5.67 g/t Au. Drill holes RBD-14-04 and 05 were located to test the downdip extension of the widest and highest-grade portions of the A zone vein exposed by trenching and bulk sampling. Drill holes 04 and 05 intersected the quartz vein at vertical depths of 30 m and 10 m, respectively, along the same section. Drill holes RBD-14-06, 07, 08 and 09 tested the splay fault, which cuts the north end of the A zone quartz vein. This fault coincides with an east-northeast-trending gold and arsenic soil anomaly that can be traced at least 800 metres; 200 metres east of RBD-14-07 and 08, a grab sample from the fault gouge ran 7.8 g/t Au.

All drill core samples were analyzed using metallic sieve method to minimize the nugget effect (Au-SCR21): two size fractions of less than 100 microns and greater than 100 microns were analyzed after screening to yield a weighted average grade (Au total parts per million) for each sample based proportionately on the weight of each fraction.

The Grand Pabos-Restigouche fault system and associated splay structures remain the focus of Fancamp's exploration efforts from the Quebec Gaspe to northwestern New Brunswick. There is compelling evidence to suggest that Fancamp's Northwest property in New Brunswick and the Robidoux property in the Gaspe, as well as newly staked properties along the structure (Harriman and Ste-Marguerite), share similar geological characteristics and form part of an extensive regional epithermal-style gold-mineralizing system of great potential.

In other matters, the company is expanding its Gaspe Bay group property by staking. The first of these is the Harrimann, covering about 12 kilometres of the Harrimann fault, a splay of the Grand Pabos fault system. At least five historic gold showings, associated with vein stockworks, granite/aplite intrusions and breccias, are to be found along this structure. These were first noted in the 1990s, but remarkably, no drilling or trenching have ever been reported. One of the showings, for example, consists of a 300 by 700 m boulder field of metric-size angular blocks of altered and brecciated felsic intrusives and sediments mineralized with copper, zinc and antimony sulphides, plus visible gold, found near the fault, which may be related to a small porphyry plug. Five grab samples from this material were reported to grade 7.6, 9.8, 10.0, 19.3 and 34 g/t Au.

The second property, here called the Ste. Marguerite property, covers about 10 kilometres within the Restigouche-Grand Pabos structural corridor (along the Ste-Florence fault) along which about 12 historic gold showings have been reported in strongly altered basalts. Limited diamond drilling returned intervals, for example, of 2.9 g/t Au over 8.5 m, and selected grab samples returning up to 38 g/t Au have been reported from this unit.

A number of readily accessible grassroots gold prospects, again with historically interesting results, has also been staked in the Chibougamau region of Abitibi. All these prospects will be tested in the upcoming field season by trenching, prospecting and targeted geophysics.

The company also wishes to note current developments in the Ring of Fire and the fact that KWG Resources Inc. has made its current option payment of $700,000 to Fancamp by the issuance of 35 million common shares of KWG at a deemed price of two cents. KWG is obliged to spend another 2.1 million in exploration before Sept. 30, 2015, in order to acquire a 50-per-cent interest in the property.

A 500-tonne bulk sample has been collected from the A zone quartz vein. The sample is stockpiled and will be delivered to the custom mill for processing due to begin in late May, 2015.

This release was prepared by Jean Bernard, PGeo, and Mike Flanagan, PGeo, qualified persons under National Instrument 43-101. Mike Flanagan (PGeo), vice-president of exploration of the company, is the non-independent qualified person, who has approved the scientific and technical information contained in this news release. Both Mr. Bernard and Mr. Flanagan were directly involved with the Robidoux drilling program summarized in this release.