Le Lézard
Classified in: Mining industry, Business
Subject: MINING EXPLORATION UPDATE

VVC Announces Extended Samalayuca Land Use Agreements With Ejidos and Private Land Owners for 10 year


TORONTO, ONTARIO--(Marketwired - June 21, 2017) - VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE:VVC) announces that Samalayuca de Cobre (Samalayuca Copper) VVC's Copper project in Northern Chihuahua, Mexico (50 kilometers from El Paso, TX) has completed land use agreements for the properties covered by VVC's Samalayuca Copper Project.

Land Use Agreements

Samalayuca has completed agreements with each of the land owners for the use rights for all of the land included in the Samalayuca Copper project and with the Ejido that covers the area of Samalayuca. 

The agreements provide continuing access and use rights needed for the Samalayuca Copper Project as the Company is focused on a pilot mining startup.

Maite Del Campo, legal representative of Samalayuca Copper commented that, "the Company continues to have a good relationship with the Ejidos in the area. I personally want to thank Ejido Commissioners:

President - Jesus Chavez Talamantes

Secretary - Javier Melendez Cardona

Treasurer - Gerardo Anaya Chavez"

She further thanked "all the people of Samalayuca, who see in this project a source of sustainable development, for their help in the facilitation of these agreements. The Company appreciates all of the support from the community. We will continue to work to maintain the great relationships that we have in the Samalayuca community."

About VVC Exploration Corporation

VVC is a Canadian exploration and mining company with projects in Mexico and Canada, including the Samalayuca copper property in Chihuahua State, and gold and silver prospects in Sonora and Sinaloa States, Mexico. The Company also has a grassroots gold/VMS prospect in the Timmins area of northern Ontario.

On behalf of the Board of Directors

Michel J. Lafrance, Secretary-Treasurer 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward -looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others, those concerning the Company's anticipated operational plans and activities including the revenue and growth outlook. Specifically, they include Company's statement regarding "a pilot mining startup".

Assumptions have been made regarding management's expectations for future growth and its development plans for its projects. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of Company's anticipated projects, delays or changes in plans with respect to the development of Company's anticipated projects by Company's third-party relationships, risks affecting Company's ability to develop projects, risks inherent in operating in foreign jurisdictions, the ability to attract key personnel, and the inability to raise additional capital. No assurances can be given that the Company's efforts will be successful. Additional assumptions and risks are set out in detail in the Company's MD&A, available on SEDAR at www.sedar.com.

Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.


These press releases may also interest you

3 mai 2024
Eastern Platinum Limited (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its Audited Consolidated Financial Statements for the fiscal year ended December 31, 2023 and the corresponding Management's Discussion and...

3 mai 2024
Kolibri Global Energy Inc. (the "Company") announces that, further to the Company's news released date May 2, 2024, the Company has completed the filing of the Company's annual information form, annual audited financial statements, management's...

3 mai 2024
Ultra Lithium Inc. ("Ultra Lithium" or the "Company") is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). On March 4, 2024, the Company announced that effective...

3 mai 2024
Galway Metals Inc. ("Galway" or the "Corporation") is pleased to announce that further to its press release dated April 25, 2024, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement"). The second...

3 mai 2024
Taiga Building Products Ltd. announces detailed voting results from the annual general meeting of shareholders of the Company held on May 2, 2024. ...

3 mai 2024
Vizsla Silver Corp. ("Vizsla Silver" or the "Company") is pleased to announce that it has now issued 448,137 common shares (the "Consideration Shares") for the previously announced asset purchase agreement (the "Acquisition Agreement") dated March...



News published on and distributed by: