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VVC Exploration Corp V.VVC

Alternate Symbol(s):  VVCVF

VVC Exploration Corporation is a Canada-based company, which is engaged in the exploration, development, and management of natural resources. It produces helium & NG at its project in Kansas, Syracuse, the Company’s focus on helium & NG project. Its Syracuse project, located in the Bradshaw field, consists of over 16,400 acres of nearly contiguous oil and gas leases, directly north of the Greenwood Field and due west of the Hugoton Field. It focusses copper project is Gloria, a near-production copper project in Northern Mexico. Gloria, a copper project in Northern Mexico, is its main property. The property comprises 4,055 acres in Chihuahua State, Mexico, 30 miles south of El Paso, TX. Its other projects include Cumeral, a gold/silver project in Northern Sonora, MX; La Osa and El Recreo, two gold/copper projects located in Northern Sonora and near Mazatlan, MX. It also engages in the exploration of new copper projects, as well as other associate metals including gold and silver.


TSXV:VVC - Post by User

Bullboard Posts
Comment by production05on Jun 22, 2017 2:13pm
117 Views
Post# 26393716

RE:RE:another huge achievement

RE:RE:another huge achievementThey will not get anything back if they outright sell or option out any of the other properties, unfortunately.  Those properties are too early stage, in addition to the last 6 years being a depressed/manipulated metals market.

The Timmins base metals property could eventually see a bit or early stage exploration value once base metals goes back into a bull market - it was to b e a full blown base metals market though, where everything floats.  The Timmins property shows positive geophysical results.  Thus, there is something there.  I think it is just a matter of if that something represents valuable minerals or some other physical items with zero commerical value. 

The La Tuna property is nice, but requires a lot of work.  It has strong potential for both gold placer mining (at surface) and gold bedrock mining.  They should be able to attract a joint venture partner once precious metals prices (finally) eventual goes back up to something more reasonable.  

They need to hang on to Cumeral.  They can`t get anything for it right now due to the 6 year precious metals depression.  Also, Cumeral has strong potential for somewhat quick gold production, at some point after Samalayuca becomes well profitable.  They could use the same approach for Cumeral, as they are using for Samalayuca, but without permit delay issues.  The Cumeral area is one of the best in mexico for mining and permiting.  They could potentially identify maybe 200,000 surface ounces with only one or two drill programs at Cumeral.  Workings by past artisanal miners have identified surface areas to drilled.  A resource of 200,000 gold ounces should allow them to put in a pilot plant at Cumeral - funded by profits from Samalayuca.  Cumeral has potential of 1,000,000 gold ounces, possibly 2,000,000 ounces long term.  But, that will require extensive drilling long-term.   





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