Fermont Property Joint Venture

FANCAMP EXPLORATION LTD.

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

NEWS RELEASE

FERMONT PROPERTY JOINT VENTURE

June 9, 2010 TSX Trading Symbol: FNC S.E.C. Exemption: 12(g)3-2(b)

Fancamp Exploration Ltd. (TSX Venture Exchange - FNC): Fancamp Exploration Ltd. wishes to announce that Champion Minerals Inc. has earned a 65% interest in the 50% held Fermont Iron Property by making total cash payments of $1,000,000, issuing 2,900,000 common shares of Champion and completion of $6,000,000 in work expenditures. With Champion completing its earn-in, a 65% - 35% joint venture will be formed between Champion Minerals Inc.(65%), Fancamp Exploration Ltd.(17 ½%) and the Sheridan Platinum Group (17 ½%). Fancamp and Sheridan retain a 3% Net Smelter Returns royalty, one third of which may be purchased by Champion for $3,000,000.

Fancamp is looking forward to participating in further exploration undertakings with our 17 ½ % interest.

Refer to the Champion website for further details - www.championminerals.com .

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

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.