Mr. Rajesh Sharma reports

FANCAMP REPORTS RESULTS OF PROSPECTING AND SOIL GEOCHEMICAL SURVEY AT NEW BRUNSWICK ACADIAN GOLD AND ANNOUNCES IMMINENT DRILL PROGRAM

Fancamp Exploration Ltd. has released the prospecting and soil geochemical exploration results of an exploration program conducted by Acadian Gold Corp., a joint venture with Lode Gold Resources Inc., for the advancement of a district-scale, 445-square-kilometre (km) land package located in a highly prospective region for gold and polymetallic mineral discovery, in northern New Brunswick. Acadian Gold is one of the largest underexplored holdings in this emerging gold camp, with two key properties: McIntyre Brook, adjacent to Puma Exploration's Williams Brook project (which holds an option agreement with Kinross Gold); and Riley Brook, a significantly sized property surrounded by recent claims acquisitions made by Kenorland Minerals. Based on recent results, McIntyre Brook now demonstrates all the hallmarks of a significant gold-copper discovery opportunity, displaying highly encouraging results across three principal target areas, which guide the upcoming drill program planned for fall of 2025.

Prospecting and soil geochemical exploration highlights:

• A prospecting and trenching program conducted in May to June, 2025, followed by a soil geochemical survey in July, 2025, resulted in the discovery of high-grade rock grab samples extending the known favourable horizon of area 2 (McIntyre Brook prospect) to a minimum strike extension of three km.
• These recent encouraging results, coupled with the previously announced results of the 2024 exploration program (heliborne HeliTEM survey, prospecting, soil surveys etc.), direct the planned drill program to be conducted in the fall.
• The best results from the prospecting surveys include high-grade gold assays from grab samples of up to seven grams per tonne (g/t) gold (Au).
• The best assays from selected grab samples from the trenching program show results of up to 6.1 g/t Au and 6.95 g/t Au in trench T25-1.
• The soil geochemical survey, conducted to fill in over area not previously covered, continue to prove to be an excellent field vectors to pursue more advance work in this environment.
• As previously reported (refer to the news release dated March 3, 2025), the area of zone 1 is also characterized by a 275 ppb (parts per billion) Au stream sediment downstream from the conductive area. This sample was the highest value returned from the 1981 regional stream sampling program conducted in the area by the Geological Surveys Branch of New Brunswick.

The results of the continuing exploration program, centred over the three principal showings identified at McIntyre Brook, through a comprehensive review of historical data and recent exploration work (refer to the news releases dated March 3, 2025, Jan. 20, 2025, and Oct. 18, 2024), confirm the prospectivity for gold mineralization of the: (1) electromagnetic anomaly (EM) zone; (2) McIntyre Brook prospect; and (3) the northwest area. The northwest area of McIntyre Brook is an area of substantial interest given its location lies on strike with Puma Exploration's Williams Brook Lynx showing, which reported high-grade results, such as 5.50 g/t gold over 50.15 metres (m) (refer to hole WB21-02 from Puma Exploration's news release dated Sept. 15, 2021). Previous notable findings from the Acadian Gold exploration program at McIntyre Brook, as a result of trenching and chip channel sampling, confirmed a gold-bearing rhyolitic horizon with a strike extension of at least 200 m with up to nine m thickness, significantly increasing the known surface expression of mineralization previously identified by historical drilling (refer to the news release dated Jan. 20, 2025).

These new results from McIntyre Brook, which reveal coincident high-grade rock grab samples, gold-in-soil anomalies and prominent electromagnetic conductors, significantly enhance the potential for a significant gold-copper discovery. These promising targets are situated within the geologically favorable Wapske formation, structurally defined by the McIntyre Brook and Ramsay Brook faults.

"The latest results from McIntyre Brook confirm the exceptional potential of Acadian Gold," stated Francois Auclair, vice-president of exploration of Fancamp Exploration. "The combination of high-grade assays from grab and chip samples, coincident gold-in-soil anomalies, and strong electromagnetic conductors along a three-kilometre strike length all point to a robust mineralized system. These results provide clear vectors for our upcoming drill program, which is designed to systematically test these priority targets and advance McIntyre Brook toward a significant gold-copper discovery."

New Brunswick, Acadian Gold joint venture

Acadian Gold is a joint initiative between Fancamp Exploration and Lode Gold Resources for the advancement and exploration of significantly sized, well-located and underexplored mineral assets in New Brunswick. This 50/50 joint venture is located in a highly prospective region for gold and polymetallic mineral discovery, a geologic domain that hosts other gold-focused firms such as Calibre Mining and New Found Gold. The Acadian Gold joint venture includes the Riley Brook property, a 334.5 square km land package of mineral claims and 111 square km of McIntyre Brook mineral claims, combined to create a dominant landholding on an orogenic belt where other major developers are established and host certain world-class deposits. The Acadian Gold joint venture is positioned from a strategic perspective as a key player in the region and holds the potential to become an emerging, district-scale, Au-Cu (gold-copper) exploration play with upside potential from a major discovery (refer to the news releases dated Aug. 27, 2024, and Oct. 9, 2024).

About Fancamp Exploration Ltd.

Fancamp is a Canadian mineral exploration company focused on creating value through medium-term growth and monetization opportunities with strategic interests in high-potential mineral projects, royalty portfolio and exploration properties. The corporation is focused on an advanced asset play poised for growth and selective monetization with a portfolio of mineral claims across Ontario, Quebec and New Brunswick, Canada, including copper, gold, zinc, titanium, chromium, strategic rare earth metals and others. The corporation has future monetization opportunities from its Koper Lake transaction in the highly sought-after Ring of Fire in Northern Ontario. Fancamp holds 96-per-cent interests in Magpie Mines Inc., which owns the Magpie property, one of the world's largest undeveloped hard rock titanium (plus vanadium (V)) deposits, per USGS data. Fancamp has investments in an existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex Minerals Inc., a copper-gold exploration company, PTX Metals Inc., an opportunity to develop an emerging gold-copper exploration play with Lode Gold Resources Inc., in addition to an investment in a near-term cash flow generating zinc mine, EDM Resources Inc., in Nova Scotia. Fancamp is developing an energy reduction and titanium waste recycling technology with its advanced titanium extraction strategy. The corporation is managed by a focused leadership team with decades of mining, exploration and complementary technology experience.

Qualified person

The technical information contained in this news release was reviewed and approved by Francois Auclair, PGeo, MSc, vice-president of exploration of Fancamp, designated as a qualified person under National Instrument 43-101. Mr. Auclair, the company's qualified person and an officer, has reviewed and approved the technical disclosure contained in this news release.

Quality assurance and quality control

Mr. Auclair is responsible for the continuing drilling and sampling program, including quality assurance (QA) and quality control (QC). Assays for the soil sampling and trenching were respectively analyzed by ALS Canada Ltd. and Techni-Lab, a subdivision of Actlabs. The corporation inserts quality control samples (blanks, standard reference material and duplicates) at regular intervals to monitor laboratory performance.

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