VVC Announces Extended Samalayuca Land Use Agreements With Ejidos and Private Land Owners for 10 year
TORONTO, ONTARIO--(Marketwired - Jun 21, 2017) - VVC Exploration Corp. ("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.
