TORONTO, Sept. 28 /CNW Telbec/ - VVC EXPLORATION CORPORATION ("VVC" or
the "Company") is pleased to announce the results of a sampling program on the
recently acquired NQ512 vein (see press release September 7, 2005).
Grab rock chip samples from the adit, drives and underground stopes of
NQ512 were taken by Xing Tong personnel on August 12 and were assayed at the
Xing Tong mine laboratory. Following two weeks of mining - on August 28,
resampling of the underground stopes of NQ512 was carried out by Dean O'Keefe,
a Beijing based geologist and independent QP - from the international
geological consulting and software firm Micromine Pty Ltd. The samples were
sent for analysis to the SGS (Tianjin) Geochemical Laboratories in Beijing
("SGS Laboratories").
Both sample sets returned outstanding grades as shown below:
<<
Sampled by Xing Tong Personnel Sampled by Dean O`Keefe
------------------------------ -----------------------
(Aug. 12/05) (Aug. 28/05)
------------ ------------
NQ512-1 90.7 g/t Au MAH-12 55.1 g/t Au
NQ512-2 22.4 g/t Au MAH-13 1.4 g/t Au
NQ512-3 500.0 g/t Au MAH-14 wall rock 1.4 g/t Au
NQ512-4 3.5 g/t Au MAH-15(x) 1070.0 g/t Au
NQ512-5 83.1 g/t Au MAH-15 repeat 1065.0 g/t Au
NQ512-6 11.1 g/t Au MAH-15 repeat 1043.0 g/t Au
NQ512-7 wall rock 1.9 g/t Au MAH-16 1.7 g/t Au
NQ512-8 wall rock 2.2 g/t Au MAH-17 26.3 g/t Au
NQ512-9 wall rock 3.7 g/t Au
NQ512-10 wall rock 3.0 g/t Au
(x) the analysis of sample MAH 15 was repeated twice to ensure its
accuracy, because of its unusually high grade
(greater than 1,000 g/t Au).
>>
Both sampling programs selected representative sections of the vein
displaying variable sulphide content and of the wall rock surrounding the
vein, from different locations on different levels currently being mined. The
assay results, while quite variable, confirm that the gold grade correlates to
sulphide content (ie. the greater the sulphide content, the higher the gold
grade). The results also confirm grades as high as 200 g/t reported by the
former owner.
VVC's 70% owned Chinese Joint Venture ("CJV"), Tong Guan Glory Mining
Corporation, owner of the gold producing Xing Tong mine, has recently acquired
50.1% of this vein from a local private miner, in partnership with Shaanxi
Hongyuan Industry Co. Ltd. (SHICL) which owns the remaining 49.9%. The NQ512
vein is believed to be an extension of the Q512 vein currently being mined
approximately 1.3 km to the southeast by the CJV.
Commenting on these results, Mr. Jean-Paul Boily, President and CEO of
VVC stated: "VVC and its partner are very pleased and excited with these
outstanding results. It has confirmed, the high grades observed on a daily
basis, from our mill at the Xing Tong mine site. In the coming weeks, VVC will
continue to improve its position as a full fledged gold producer in the Tong
Guan area by acquiring new veins from small artisinal miners and by starting
an aggressive exploration program on its Q512 and NQ512 exploration permits to
probe possible deeper extensions of the gold bearing veins."
The technical aspects of this news release that involved Mr. Dean
O'Keefe, (P. Geol.) independent (QP) are confirmed by him in the "Micromine
VVC Tong Guan Site Investigation Report" compiled on September 19, 2005.
About VVC:
----------
VVC Exploration Corporation is a Canadian exploration company with
properties in Canada and China. Its main assets are the participation of VVC
in Joint Ventures in producing gold mines in China, and its participation in
the Beaver Brook Antimony Mine in Newfoundland, Canada. The Company's
objective is to generate significant cash flow from operations in order to
aggressively pursue other projects in China. Please visit our Website at
www.vvcexploration.com .
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
On Behalf of the board of Directors
(INSERT SIGNATURE)
Michel J. Lafrance, Secretary-Treasurer
%SEDAR: 00007564E
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