VVC Exploration Corporation

VVC Exploration Corporation

September 21, 2010 08:40 ET

VVC Exploration Reports Air Trac Drill Results on Cumeral Gold Property


- Air Trac Drilling Program Tests 2 of 5 Zones Located by Surface Sampling, Extensive Areas of Mineralization Defined

- Values up to 1.45 g/t Gold and 14.56 g/t Silver Over 14 m

TORONTO, ONTARIO--(Marketwire - Sept. 21, 2010) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S) ("VVC" or the "Company") is pleased to announce the results of an Air Trac drilling Program on its Cumeral Property (the "Property") located in Sonora State, Mexico. The road accessible property is located in the municipality of Imuris, approximately 220 kilometres to the north of Hermosillo to the west of Highway 15, the main N-S highway in Sonora, which connects Nogales with Hermosillo.

The Property is located along the mineralized Sierra La Jojoba trend which hosts numerous prospects and small mines, including the Mina Lluvia de Oro and Mina La Jojoba deposits located approximately 20 km to the southwest. It was optioned in early 2010 (News release Feb. 25) subject to a due diligence investigation. Four due diligence grab samples gave gold values from 0.03 to 6.03 g/T, with three significant values of 3.4, 3.5 and 6.03 g/T. Applications to acquire additional concessions around the Property were submitted and are pending.

The regional geological/prospecting (89 samples) carried-out this spring, gave values from ND (<.005 g/t) to 12.65 g/T Au with 23 values > 100 ppb, defining 5 zones, A to E (News release July 22). In July an air trac drilling program tested zones B and C in the central portion of the property. The air trac drill which recovers rock chips using compressed air, is a rapid and relatively inexpensive technique for evaluation of the mineralized zones.

Area B, the main zone, where most of the artisanal workings – pits, short adits and shallow shafts, are located, has dimensions of 155 by 180 m. The host unit is a felsic to mafic schist with extensive iron oxide (hematite), which trends N50 W. The air trac drilling – 15 holes (1 to 15) gave a high value of 1.45 g/T Au and 6.74 g/T Ag over 14 m, including 4.19 g/T over 4 m, in CUM01-10 with other values varying from insignificant to 0.42 g/T Au and 14.56 g/T Ag over 10 m in CUM13-10. Eight of the 15 holes gave significant intersections between 0.1 g/T and 0.4 g/T Au with 1 to 4 g/T Ag over widths varying from 4 to 22 m. Intersection of the water table and hard quartz veins prevented holes continuing to depth in some cases. The drill samples, taken at 2 m intervals, gave the following significant values:

Hole # From – To (m) Au (g/T) Ag (g/T)
1 0 – 14 (14) 1.45 6.74
    incl. 8 – 12 (4) 4.19 17.65
1B 1 – 20 (20) 0.325 2.02
2 4 – 14 (10) 0.33 4.04
3 0 – 22 (22) 0.21 1.27
4 6 – 10 (4) 0.35 1.94
8 26 – 28 (2) 0.31 0.31
11 4 – 16 (12) 0.23 3.665
13 2 – 12 (10) 0.42 14.56
    incl. 4 – 6 (2) 1.15 38.10

Area C, in the central part of the Property, has dimensions of 115 by 200 m with chip sample values up to 2.78 ppm Au over 0.4 m. The mineralized area is underlain by oxidized biotite–muscovite schist with extensive hematite. The air trac drilling – 13 holes (16-28), gave 4 significant intersections in holes 14,18,23 and 24 with a high value of 0.44 g/t Au, 0.48 g/t Ag over 10 m in hole CUM18-10. Other significant intersections had values of 0.21 g/t Au and 0.53 g/T Ag over widths varying from 6 to 26 m. Silver values are much lower in this area. Significant intersections, taken at 2 m intervals, are listed in the table below.

Hole # From – To (m) Au (g/T) Ag (g/T)
14 0 – 26 (26) 0.34 0.87
18 2 – 12 (10) 0.44 0.48
23 4 – 10 (6) 0.22 0.53
24 14 – 20 (6) 0.21 0.53

Area A, in the northern part of the property, has dimensions of 80 by 300 metres and consists of quartz veinlets carrying minor malachite and azurite. The north copper vein, also located in this area along the contact of a mafic dike, gave a value of 2.2 g/T Au, 493 g/T Ag and 3.73 % Cu from the one grab sample taken. Pits dug by gambusinos trace the zone for 200 m plus, showing narrow widths averaging 30-50 cm with mineralization noted to widths of 1 m plus. No drilling has tested this vein system or area. Areas D and E, in the southern part of the Property, also show good potential which was not tested in this drilling program. Area D has dimensions of 270 by 100 m with a high grab sample value of 1.7 ppm Au and Area E, to the west of zone D, has dimensions of 140 by 200 m with a N50 W trend. Grab sample values up to 12.53 ppm with 5 samples giving values > 2.7 g/T Au were located in the felsic to mafic schists which carry extensive iron oxide (News release July 22).

The air trac drill holes were sampled at 2 m intervals with the drilling stopped, and the compressed air blowing the chips and dust out of the hole. The fine (dust) and coarse (chips) portions were combined and split, using a riffle splitter to obtain a representative sample of approximately 20 kg. All rock and drill samples were sent to the ALS Chemex laboratory in Hermosillo, MX to be analyzed for gold and silver using a fire assay technique (Code Au-Ag-AA45 GRA22).

Further exploration, including geological mapping and diamond drilling, is planned to test the mineralized areas defined by the surface sampling and the drilling and to evaluate and confirm the values found in the air trac drilling carried out in July.

The technical aspects of this news release were reviewed by Peter Dimmell, P.Geo., a director of VVC, who is a Qualified Person (QP) as defined in National Instrument 43-101.

About VVC:

VVC Exploration Corporation is a Canadian exploration company with projects in Mexico and Canada. This includes gold prospects in Sonora and Sinaloa, a gold-silver prospect in northern Durango, and a silver/lead/zinc prospect in Chihuahua State, all in Mexico, and grass-roots gold properties in the Timmins area of northern Ontario and in the Beauce-Bellechasse area of southern Quebec. VVC is also aggressively searching for other projects – mainly precious minerals and base metals at various stages of development in North America, with an emphasis on gold and silver in Mexico.

On Behalf of the board of Directors

Michel J. Lafrance, Secretary-Treasurer 

This press release includes "forward-looking statements" including forecasts, estimates, expectations and objectives that subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding financings are subject to all of the risks and uncertainties normally incident to fund raising by public companies. These risks include, but are not limited to, market conditions and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement, except as required by applicable law.

Neither the TSXV nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.

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