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Project: | Samalayuca | |
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Deposit: | Gloria | |
Location: | Mexico | |
Commodities: | Copper-Silver | |
Date: | 10/11/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Pre-Feasibility Study | |
Report details: | 11-10-2018: VVC Exploration Corp. announces an Exploration/Drilling Update report for its Gloria deposit at the Samalayuca project. Drilling results incl. 19.2m @ 0.287% Cu, 3ppm Ag from 15m. TORONTO, ONTARIO – October 11, 2018 – VVC Exploration Corporati | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Peter M. Dimmell (Internal) | |
ABSTRACT: | TORONTO, ONTARIO – October 11, 2018 – VVC Exploration Corporation (“VVC” or the “Company”) (TSX-V:VVC) today announces assay results from sixteen additional diamond drill holes (DDH) from the ongoing drilling program at its Samalayuca Copper Property (the “Property”) in northern Chihuahua State, Mexico. Over 5,000 meters in 49 holes have been drilled to date during the 2017/2018 drilling campaign. The sixteen (16) additional DDH’s tested the Gloria Extension East Zone (GEEZ), over a 450 m strike length. Fifteen (15) of the sixteen (16) DDH’s intersected significant near surface copper mineralization as detailed in the table below. The results further define and extend the copper mineralization, which lies just to the east of the Gloria Extension zone (GEZ) (see plan map on website for locations). The Company commenced drilling in early August on the GEEZ, which is separated by a fault but is only 20 meters to the east of the GEZ, essentially a “on strike” extension, with copper mineralization traced by artisanal miners over a 850 m strike length. Results from the fifteen (15) drill holes which intersected copper mineralization, are summarized below, with only values >0.1% Cu shown. VVC’s Chairman, Dr. Terrence Martell pointed to the results from the GEEZ drilling as further confirmation of the potential of the Company’s Samalayuca Copper Property and added: “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.” | |
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