VVC Exploration Corporation (“VVC” or the “Company”) (TSX VENTURE:VVC) is pleased to announce the commencement of 1,000 meters of reverse circulation drilling on the Cumeral Property (“Cumeral” or the “Property”) located 70 km to the south of the US border, in Sonora State, Mexico. Drilling One mobilized a drill rig onto Cumeral last week from its regional office in Cuauhtemoc, Chihuahua, Mexico, following the issuance by the Mexican Department of Natural Resources and Environment of the required drilling permit.
This drilling campaign is the first phase of drilling recommendations made in a recent internal report by Michel Boily, PhD, P. Geo., an independent Qualified Person. The information from this drilling, along with the detailed geological mapping and sampling on Cumeral which was previously completed previously and reported on June 12, 2012, will allow VVC to efficiently plan the next phase of exploration on Cumeral as the Company seeks to confirm potentially exploitable gold deposits on the Property.
In June 2012, VVC announced the results of a geological mapping, rock and soil geochemical exploration program in the southern segment of Cumeral as a part of a National Instrument 43-101 report on the Property prepared by independent geological consultant Michel Boily, PhD, P. Geo. Results from the mapping and rock sampling programs show high gold values (i.e. 0.5 to greater than 10 g/t) in hematized and pyritized quartz veins/veinlets commonly associated with mylonitized, located in gently eastward-dipping, low-angle (20 degrees to 40 degrees ) faults. Geological mapping in the southern segment of the property revealed at least ten gold-mineralized structures generally confined to areas tested by an air track drilling program of 2010 (News release dated September 21, 2010).
Further results from a soil geochemical survey found three anomalous areas with values of greater than 50 ppb Au are defined within zones characterized by a paucity of outcrops or in unmapped regions. The soil geochemistry, in conjunction with gold assays from rock and soil samples taken from 2010 to 2012, gives a crude NNW-SSE trend of elevated values extending for 4 km.
“We are very optimistic that this two phased drilling program will confirm potentially exploitable deposits of gold bearing mineralization on Cumeral” said Dr. James A. Culver, President and CEO of VVC.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
