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ERDA.V ·

Fancamp Adds New Member to Advisory Board

Management Changes

FANCAMP EXPLORATION LTD.

7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2 Telephone: 604-434-8829 Facsimile: 604-434-8823 www.fancampexplorationltd.ca

FANCAMP ADDS NEW MEMBER TO ADVISORY BOARD

October 21, 2010 TSX Trading Symbol: FNC S.E.C. Exemption: 12(g)3-2(b)

Fancamp Exploration Ltd. (TSX Venture Exchange - FNC): Fancamp Exploration Ltd., (“the Company”) is pleased to announce the appointment of Mark Billings to its Advisory Board.

Mark Billings is the President and CEO of Orex Exploration Inc., a junior gold exploration company with properties in and around Goldboro, Nova Scotia. Mr. Billings also serves as the Chief Financial Officer of Argex Mining, a junior mining exploration company with titanium, vanadium and iron ore assets in Quebec. He is on the board of directors of a number of companies in Canada and the United States.

Prior to joining Orex Exploration, Mr. Billings served as Chief Financial Officer for private and public Internet companies from 2000 to 2006, as well as running his own financial consultancy, Marengo Management Inc. From 2004 to 2006, Mr. Billings was Vice-President of Corporate Finance with Desjardins Securities Inc., where he led a number of public and private financings and took companies public on the Canadian exchanges.

Mr. Billings has a Master of Business Administration degree, with honours, from the Harvard Business School, from which he graduated in 1995. He graduated with a Bachelor of Arts in Political Science, with highest honours, from Carleton University in Ottawa in 1992. In 2002, he was awarded the Chartered Financial Analyst (CFA) designation from the CFA Institute in Charlottesville, Virginia.

Mark Billings is a welcome member to this Board, and will effectively contribute his experience and knowledge along with John Harvey P. Eng, Ed Thompson P. Eng. and Mackenzie I. Watson, P.Eng.

ON BEHALF OF THE BOARD

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

For further corporate information, contact: Peter H. Smith, PhD., P.Eng., President, at 514-481-3172 or Michael D’Amico, Bay Street Connect Investor Relations at 647-500-6023

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.