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Fancamp Exploration Ltd.

Explorer, with a project stated to be in New Brunswick and Ontario.

New Brunswick · Canada — as stated on the recordings

explorer New Brunswick, Canada
May 2026Covered
9 of 10Topics on record
1 executiveNamed on the record
Stage
Explorer
Jurisdiction
New Brunswick and Ontario
Deposit
large scale cyanide deposit in Ontario, early stage
Latest appearance
22 May 2026
On record
1 interview · 19 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Money on hand
between 23, 24 million to 28 million dollars
Stated capital need: 50 to 60 million dollars for financial assets
Management-stated Rajesh Sharma May 2026
What happens next
spin-out of exploration assets in Gold Era Exploration by July 2026
Management-stated Rajesh Sharma May 2026
The main open question
Management's valuation guidance ($50–60 million for financial assets, ~$100 million total value) lacks independent verification and detailed economics.
Weighed from the statements below, not our opinion of the company.
Our reading

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Fancamp Exploration Ltd.'s own claims across 1 interview — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says a titanium deposit near Havre-Saint-Pierre is one of the world's largest, backed by experienced team hires from Alamos and GT Gold.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Management says a titanium deposit near Havre-Saint-Pierre is one of the world's largest, backed by experienced team hires from Alamos and GT Gold. The company holds $23–28 million in cash and expects iron ore royalty cash flow in 2026, plus potential value realization from the Canada Chrome secured note (due August 2027) and EDM Resources stake within 12–14 months.

▼ Bear case

Management's valuation guidance ($50–60 million for financial assets, ~$100 million total value) lacks independent verification and detailed economics.

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Management's valuation guidance ($50–60 million for financial assets, ~$100 million total value) lacks independent verification and detailed economics. The exploration portfolio is early-stage with no production timeline; the titanium and cyanide deposits remain undeveloped, and key catalysts (EDM monetization, Canada Chrome note maturity) depend on third-party actions outside the company's control. No outside view is on record.

◆ Watch next

Drilling on New Brunswick and Ontario properties later in 2026; spin-out of Gold Era Exploration by July 2026; iron ore royalty cash flow in 2026; value realization from EDM Resources and Canada Chrome secured note (due August 2027) within…

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Drilling on New Brunswick and Ontario properties later in 2026; spin-out of Gold Era Exploration by July 2026; iron ore royalty cash flow in 2026; value realization from EDM Resources and Canada Chrome secured note (due August 2027) within 12–14 months.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 6 statements

The deposit 3

Key takeaway. Management describes Fancamp's portfolio as comprising three distinct deposit types: a large-scale cyanide deposit in Ontario that remains early stage, a titanium deposit near Havre-Saint-Pierre, and gold and gold-rich base metal assets…

Read the full summary

(all per May 2026).

What was actually said
deposit type
large scale cyanide deposit in Ontario, early stage
“It's a large scale cyanide potentially large scale cyanide deposit where it's again early stage but it takes all the boxes very close to Timmins”
Rajesh Sharma· 22 May 2026·
deposit type
gold and gold-rich base metal assets
“exploration assets are largely uh in Eastern Canada, the Canadian Shield. Is that correct? Absolutely. So, we'll be uh focusing on two right away, and one of them is in New Brunswick, and it's surrounded by part of it is surrounded by Puma Exploration where Kinross has put in a lot of money over the past couple of years and is getting good results. So, that's a positive, and the other part of that asset for the south where Kinross land engulfs it. So, very interesting and prospective New Brunswick area and it's it's going to give pretty good results. It's a district scale opportunity and the other one is where we would work on is in Ontario. It's a large scale cyanide potentially large scale cyanide deposit”
Rajesh Sharma· 22 May 2026·
deposit type
titanium deposit near Havre-Saint-Pierre
“we have a strategic asset in terms of one of the world's largest titanifer- titanium deposits uh near Havre-Saint-Pierre where the Rio Tinto operations are underway”
Rajesh Sharma· 22 May 2026·

Jurisdiction 2

Key takeaway. Management says the company's projects are located in Canada, specifically in New Brunswick and Ontario.

Read the full summary

They describe this as a favourable jurisdiction (May 2026).

What was actually said
country
Canada
“those exploration assets are largely uh in Eastern Canada, the Canadian Shield”
Rajesh Sharma· 22 May 2026·
region
New Brunswick and Ontario
“we'll be uh focusing on two right away, and one of them is in New Brunswick, and the other one is where we would work on is in Ontario”
Rajesh Sharma· 22 May 2026·

Technical risk 1

What was actually said
key assumption
6,000 m of combined drilling on Eagan and Acadian properties
“with the kind of work our team led by Charles Starnocai who's who's ex-Alamos, ex-GT Gold who's going to be the CEO of that exploration entity. They have done a fantastic job in setting Eagan and the Acadian properties for success and we are expecting combined 6,000 m of drilling”
Rajesh Sharma· 22 May 2026·

Economics 5 statements

Economics 1

What was actually said
capex
50 to 60 million dollars for financial assets
“the value of our, you know, financial assets let's say would be around 50 to 60 million dollars”
Rajesh Sharma· 22 May 2026·

Financing 4

Key takeaway. Management reports that the company is well funded, with cash between $23–24 million and up to $28 million.

Read the full summary

It has a secured promissory note with Canada Chrome Corporation due in August 2027. While the company's estimated total value including financial assets and royalties is around $100 million, management notes the company needs $10 million for its next phase of work.

What was actually said
capital needed
10 million dollars
“we are spinning them out right now with focus and at a very modest valuation of 10 million dollars”
Rajesh Sharma· 22 May 2026·
capital needed
estimated total value around 100 million including financial assets and royalties
“If I were to hazard a guess, it would be somewhere around 100 million. That's the value which would include uh some value ascribed to the exploration assets”
Rajesh Sharma· 22 May 2026·
cash position
between 23, 24 million to 28 million dollars
“financial assets of VanCamp include cash and marketable securities, depending on the day, anywhere between 23, 24 million to 28 million dollars”
Rajesh Sharma· 22 May 2026·
Show the other 1 statement
financing status
secured promissory note with Canada Chrome Corporation due August 2027
“we have a portfolio of royalties, and some which I have talked about in the past, a 40 million-dollar finite payment with Champion Iron, uh royalty on the Black Horse chromite deposit in the Ring of Fire, and one iron ore royalty which we just recently acquired, uh which is on an iron ore asset which is near-term producing, and that should start cash flowing in 2026”
Rajesh Sharma· 22 May 2026·

Timeline 5 statements

Timeline 2

Key takeaway. Management says drilling will commence later in 2026 on the company's New Brunswick and Ontario properties, and that the spin-out of exploration assets into Gold Era Exploration is expected by July 2026.

Read the full summary

Both milestones were stated in May 2026.

What was actually said
milestone
spin-out of exploration assets in Gold Era Exploration by July 2026
“we have decided to spin out the exploration assets in a separate listed entity called Gold Era Exploration, and that spin-out will be executed by July of 2026”
Rajesh Sharma· 22 May 2026·
milestone
drilling commencing later in 2026 on New Brunswick and Ontario properties
“the work has already commenced on that property and we are hoping to drill later this year on both of these properties”
Rajesh Sharma· 22 May 2026·

Catalysts 3

Key takeaway. Management points to three near-term catalysts.

Read the full summary

The company expects its iron ore royalty to begin generating cash flow in 2026. It also anticipates value realization from its secured note with Canada Chrome Corporation within the next 12 to 14 months; that note is due in August 2027. Additionally, management is evaluating how to monetize its 10% shareholder stake in EDM Resources.

What was actually said
upcoming decision
monetization of EDM Resources investment at 10% shareholder stake
“We are expecting some form of monetization and value realization of at least one of our investment in associates. It's a company called EDM Resources and uh where we are 10% shareholder”
Rajesh Sharma· 22 May 2026·
upcoming result
iron ore royalty to cash flow in 2026
“we are expecting the iron ore royalty to cash flow in this year”
Rajesh Sharma· 22 May 2026·
upcoming result
value realization from secured note with Canada Chrome Corporation in next 12 to 14 months, due August 2027
“the third is uh in the next 12 to 14 months we expect to realize uh value from our secured note with Canada Chrome Corporation, uh which comes due now in August of 2027”
Rajesh Sharma· 22 May 2026·

Corporate 3 statements

Management 2

Key takeaway. Management of Fancamp Exploration Ltd.

Read the full summary

highlights a strengthened board and team, pointing to Blake Roads (an ex-Newmont executive now on the Triple Flag board) and Jasper Bertisen (ex-RCF partner, joined in November) as evidence of its track record. The company also notes that Charles Starnocai, a former Alamos and GT Gold executive, serves as CEO of the exploration entity, according to a May 2026 update.

What was actually said
team experience
Charles Starnocai as CEO of exploration entity, ex-Alamos, ex-GT Gold
“with the kind of work our team led by Charles Starnocai who's who's ex-Alamos, ex-GT Gold who's going to be the CEO of that exploration entity”
Rajesh Sharma· 22 May 2026·
track record
Blake Roads joined board, ex-Newmont executive on Triple Flag board; Jasper Bertisen joined November, ex-RCF partner
“Recently, Blake Roads, the uh ex-Newmont executive who's on the Triple Flag board, has joined our board. Uh he's uh was a Newmont lifer. We have Jasper Bertisen who joined in November, ex-RCF partner”
Rajesh Sharma· 22 May 2026·

Share structure 1

What was actually said
insider stake
board and management have over 25% of shares
“board and management have over 25% of shares uh with the the lead investor being Ashworth Mehra”
Rajesh Sharma· 22 May 2026·

Sources 1 interview

Every interview 1

DateChannelInterviewStatements
22 May 2026 Rule Investment Media Rajesh Sharma, Pres. & CEO of Fancamp Exploration Ltd. | Rule Symposium 2026: Rick Rule interviews 19

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

acadian properties 1
black horse chromite deposit 1
canada chrome corporation 1
eagan property 1
edm resources 1
gold era exploration 1
ring of fire 1

Questions people ask

What is Fancamp Exploration Ltd.'s project and where is it?

Fancamp Exploration Ltd. is a explorer mining company, with a project stated to be in New Brunswick, Canada. Everything here is drawn from its executives' own interviews.

Which interviews mention Fancamp Exploration Ltd.?

We track 1 interview mentioning Fancamp Exploration Ltd., across 1 channel (Rule Investment Media).

What are investors saying about Fancamp Exploration Ltd.?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Fancamp Exploration Ltd. cover?

The most-discussed topics on record are financing, the deposit, catalysts, timeline — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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