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VVC Exploration Corp V.VVC

Alternate Symbol(s):  VVCVF

VVC Exploration Corporation is engaged in the exploration, development, and management of natural resources. It produces helium & NG at its project in Kansas, Syracuse, it focuses on helium & NG projects. 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. Its focus is the near-production copper project, Gloria, which hosts oxide copper mineralization with a copper resource of 59.4 million pounds. 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 and other associate metals including gold and silver.


TSXV:VVC - Post by User

Bullboard Posts
Post by OPTIMISTGOLDon Jan 30, 2019 8:32am
57 Views
Post# 29294803

Drilling Program – Samalayuca Copper Property, Chihuahua St

Drilling Program – Samalayuca Copper Property, Chihuahua StORIGINAL: Summary - 2017/18 Drilling Program Samalayuca Copper Property, Chihuahua State, Mexico 2019-01-30 08:00 ET - News Release TORONTO, Jan. 30, 2019 (GLOBE NEWSWIRE) -- VVC Exploration Corporation (VVC or the Company) (TSX-V:VVC) is pleased to provide a summary of final results from the 2017/2018 diamond drilling program at Companys Samalayuca Copper project in Northern Chihuahua state, Mexico (the Property). The drilling program was conducted in three phases, beginning in August 2017 and ending in November 2018. Sixty-two (62) drill holes (DDHs) totalling 6700 meters tested a 5-kilometer long mineralized zone covering approximately two thirds of the length of the property. A total of 2,990 core samples were taken. Fifty-seven (57) of the 62 holes had sections with copper grades greater than 0.1% copper, with some sections as high as 0.95%, and estimated true mineralization widths up to 36 meters, as detailed in News Releases on Jan. 17, 2019, and Oct. 11, Aug. 17, Aug. 2 and Feb. 8, 2018, including accompanying maps and sections (Oct. 11 and Aug. 17, 2018) which are filed on SEDAR. A plan map of the drilling is shown on Map 1 (attached and filed on SEDAR) with drilling highlights summarized on Tables 1 and 2. A Media Snippet accompanying this announcement is available by clicking on the image or link below: MAP 1: MAP 1 - SAMALAYUCA DRILLING AREA MAP 1 SAMALAYUCA DRILLING AREA The drilling gave encouraging data on two fronts. First, from the three areas with the most intensive drilling, the Gloria, Gloria Extension, and Gloria Extension East (Table 1) where the extensive copper mineralization was defined by the drilling, the data indicates that the Company should continue planning towards a proposed pilot mining program (see Pilot Mine Planning below). Second, the results from the 5 other areas drilled (Table 2) also show good copper values with less detailed drilling and will require more detailed exploration.
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