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VVC Exploration Corp.
Summary
| Project: | Samalayuca | |
|---|---|---|
| Deposit: | Gloria | |
| Location: | Mexico | |
| Commodities: | Copper-Gold | |
| Date: | 8/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 15-8-2018: VVC Exploration Corp. announces an Exploration/Drilling Update report for its Gloria deposit at the Samalayuca project. Drilling results incl. 31.0m @ 0.394% Cu, 6ppm Ag from 84.00m. TORONTO, ONTARIO – August 2, 2018 – VVC Exploration Corporati | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter M. Dimmell (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO – August 2, 2018 – VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces assay results from its ongoing diamond drilling program on the Samalayuca Copper property in northern Chihuahua State, Mexico. The results define and extend the copper mineralization in the near surface Gloria extension zone first drilled in 2017. Samalayuca Drilling Program VVC started the diamond drilling program on the Samalayuca Copper property in August 2017 with 2702 meters drilled in 23 diamond drill holes (DDH) in 2 phases testing mineralized zones previously discovered and mined by artisanal miners (gambusinos) in the 1950’s and 1960’s (Figure 2 from news release of February 8, 2018). The Phase 3 drilling program, planned for 3000 m, began in May 2018 with 8 DDH’s completed to date in the Gloria Extension East, all of which intersected near surface copper mineralization. Analyses for the first three holes, SC-18-024 to 026, have been received and are summarized in the table below. Jim Culver, CEO of VVC said, “We at VVC continue to be excited by the results of the drilling program which has provided the Company with very encouraging data. I encourage readers of this news release to go to the VVC website where the drilling data and associated information are presented for the Phase I, and Phase II drilling and partial information on the Phase III drilling program is also given.” | |
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