VVC EXPLORATION CORPORATION is a publicly traded (VVC on TSX.V) Canadian junior mining company, focused on open-pit mining and exploration in Northern Mexico. VVC has three focus properties: Samalayuca (copper with silver), Cumeral (gold, with copper and silver) and La Tuna (gold and silver with copper). In addition the company has a greenfield property in Timmins Ontario Canada.
|Samalayuca is VVC’s 33% owned property in Northern Chihuahua, Mexico. This 4055 acre property is a near production oxide copper project with a 43-101 resource. The mineralization zone is 4.5 K long with portions more than 0.5 K wide. Startup financing is arranged for the property, once permits for the first open pit are available. These permits are awaiting a change in land use for all of the property which are expected Q2 2015. A contractor has been chosen who has agreed to provide up to $7 million in startup loans for the project. In addition, a separate loan facility for up to $4 million is available once the zoning is completed. Production is expected in late 2015 or early 2016. For more details…|
|Cumeral is a 100% VVC owned property in Northern Sonora, Mexico. The 16,622 acre property shows great promise as a potential multi-million ounce gold project with copper. The property has easy transportation and infrastructure access making it a great candidate for a low cost open pit mine. VVC plans to continue exploration in the most promising sections of the property with the objective of establishing a resource of at least 250,000 ounce in an area that can be open pit mined while exploration continues on the balance of this large property. For more details…|
The company also has two other properties which are on hold at the present time, one in Northern Sinaloa, Mexico and the second in Timmons Township, Ontario, Canada.
In addition to three highly prospective properties, one within 6 months of production, the company is fortunate to have an experienced management team with broad experience in mining, geology, finance, commodity markets, and management of public junior mining companies. For more details…Management Team…..BOD.