VVC Ex­plo­ration drills 19.2 m of 0.28% Cu at Sa­malayuca

Stockwatch Daily - - MINES & METALS - Dr. Ter­rence Martell re­ports

VVC EX­PLO­RATION Corp. has re leased as say re sults from 16 ad­di­tional di­a­mond drill holes (DDH) from the con­tin­u­ing drilling pro­gram at its Sa­malayuca cop­per prop­erty in north­ern Chi­huahua state, Mex­ico. Over 5,000 me­tres in 49 holes have been drilled to date dur­ing the 2017/2018 drilling cam­paign.

The 16 ad­di­tional di­a­mond drill holes tested the Glo­ria Ex­ten­sion East zone over a 450-me­tre strike length. Fif­teen of the 16 di­a­mond drill holes in­ter­sected sig­nif­i­cant near-sur­face cop­per min­er­al­iza­tion. The re­sults fur­ther de­fine and ex­tend the cop­per min­er­al­iza­tion, which lies just to the east of the Glo­ria Ex­ten­sion zone. The com­pany com­menced drilling in early Au­gust, 2018, on the Glo­ria Ex­ten­sion East zone, which is sep­a­rated by a fault, but is only 20 me­tres to the east of the Glo­ria Ex­ten­sion zone, essen­tially an on-strike ex­ten­sion, with cop­per min­er­al­iza­tion traced by ar­ti­sanal min­ers over a 850-me­tre strike length.

(See VVC Ta­ble 1 on page 21)

Dr. Ter­rence Martell, chair­man of VVC Ex­plo­ration, pointed to the re­sults from the Glo­ria Ex­ten­sion East zone drilling as fur­ther con­fir­ma­tion of the po­ten­tial of the com­pany’s Sa­malayuca cop­per prop erty . Dr. M arte ll com­mented: “We have two more zones to drill in this cam­paign, the trape­zoid-like area in the Suerte and Ju­liana zones, and around the old Con­cha pit. So far, the re­sults of this cam­paign have val­i­dated our hy­poth­e­sis re­gard­ing the sig­nif­i­cant po­ten­tial of the Sa­malayuca cop­per project.”

The com­pany’s Sa­malayuca phase 3 drilling pro­gram, orig­i­nally planned for 3,000 me­tres, be­gan in May, 2018, and is ex­pected to be com­pleted in Novem­ber, 2018. The drilling shows the po­ten­tial of the prop­erty to host sig­nif­i­cant strat­i­form cop­per min­er­al­iza­tion, which has been traced for over five kilo­me­tres, based on the shal­low ar­ti­sanal mines and VVC Ex­plo­ration’s drilling of the 49 di­a­mond drill holes com­pleted to date.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

James A Cul­ver, Peter Mur­ray Dim­mell, Bruno Du­mais, Pa­trick Fer­net, Scott An­thony Hill, Michel Jac­ques Lafrance, Ter­rence F Martell

(VVC) Shares: 261,516,261

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