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Fancamp Exploration Ltd V.FNC

Alternate Symbol(s):  FNCJF

Fancamp Exploration Ltd. is a Canadian mineral exploration company. The Company is focused on strategic interests in its high potential mineral projects, royalty portfolio and mineral properties. The Company is focused on an advanced asset play with a portfolio of mineral claims across Ontario and Quebec, Canada, including copper, gold, zinc, titanium, chromium, strategic rare-earth metals, and others. The Company has investments in an existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex Minerals Inc., in addition to an investment in a zinc mine in Nova Scotia. It is developing an energy reduction and titanium waste recycling technology with its advanced titanium extraction strategy. Its properties include Clinton Property, Stoke Property, DiLeo Property, Grasset Property, Gaspe Bay Group Property (including Boisbuisson and St. Marguerite), and other properties. The Clinton Property is located in the Appalachian region.


TSXV:FNC - Post by User

Comment by Bwrbhkon Mar 07, 2021 8:17pm
113 Views
Post# 32740468

RE:RE:RE:We need a Champion!

RE:RE:RE:We need a Champion!You should read the Scozinc PFS.  At current zinc and lead prices it will be a very profitable low cost  (all in sustaining costs of $0.59/lb) mine.  At an 8% discount rate, the NPV is $156 million and the IRR 52%.  The PFS was base on zinc concentrate TC's of $250/tinne, current spot TC's are $70/t and benchmark TC's, currently $300/t are expected by industry analysts to decline to under $200/t. A drop in TC's to $200/tonne would significantly reduce costs and increase the NPV and IRR.  In addition categorized the 7 million tonnes of gypsum overburden as waste.  There is a market for this material and an updated report which is currently underway will likely further increase the profitability of the project.
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