VVC – Strategic Exit of Gloria Copper Project in Mexico

VVC Exploration Corporation, dba VVC Resources (‘VVC’ or the ‘Company’) (TSX-V: VVC; OTC: VVCVF) announces that, after a project review, it is strategically restructured its mining projects in Mexico.

This project review encompassed multiple considerations, including ongoing maintenance costs, permitting authorizations, political climate, safety, upside potential and financeability of each project and probability of achieving the projects potential.

After this review, the Company has decided to:

Exit the Gloria Copper Project located near Samalayuca, State of Chihuahua, Mexico. This long-standing project of the Company is expensive to maintain and is in an area that has become more politically volatile with uncertain safety. The geological potential of the project is not in question, but the ability to achieve that potential is unclear.
Focus all mining exploration activity on the Cumeral Gold Project. Cumeral is the Company’s highly prospective gold project in north central Sonora Mexico. This project, while not as advanced as the Gloria Copper Project, has a huge upside potential. It is in an area where there is strong local support for the project and a higher likelihood of permitting and implementation success. The Cumeral Gold Project is a 1,665-hectare property in northern Sonora near Imuris which exhibits quartz-vein–hosted gold in a detachment-fault/orogenic setting with a documented NNW–SSE mineralized trend of ~4 km. Historical work reported that ~36% of 407 grab/chip samples assayed 0.1–10 g/t Au; soil surveys outlined additional anomalies (47 samples >0.020 ppm Au); and air-track drilling intersected broad, near-surface intervals of 0.21–0.44 g/t Au over 6–26 m in key target areas. The Company will continue activities on the Cumeral Gold Project.

Rationale and Next Steps
The Company’s decision reflects consideration of cost discipline, safety and risk management. The exit from the Gloria Copper Project will reduce future cash outlays for care, maintenance, and permitting at amid uncertainty over permit viability and broader political conditions in Chihuahua State. Capital and management resources will be reallocated to the Cumeral Gold Project exploration, and to development of the Company’s helium/natural gas project in the Central Kansas Uplift (CKU) Project where existing infrastructure and near-term activities offer a clearer path to execution.

« There are opportunity costs in every project, » said Jim Culver, CEO. « Exiting the Gloria Copper Project will allow the Company to concentrate resources on projects with an obvious direct and timely route to advancing development while maintaining discipline on risk and spending. »

About VVC Resources
VVC engages in the exploration, development, and management of natural resources – specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset high-growth projects, comprising: Helium & industrial gas production in western U.S.; Gold & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com .

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.

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Forward-Looking Statements

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 are generally identified by words such as ‘anticipate’, ‘believe’, ‘expect’, ‘plan’, ‘intend’, ‘potential’, ‘estimate’, ‘propose’, ‘project’, ‘outlook’, ‘foresee’, ‘strategy’, ‘success’ or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others: « Exit the Gloria Copper Project … ; Focus all mining exploration activity on the Cumeral Gold Project.; The Company will continue activities on the Cumeral Gold Project.; The exit from Gloria … will reduce future cash outlay … ; … resources will be reallocated to Cumeral … ; to concentrate resources … to advancing development … ».

Such forward-looking information or statements are based on several risks, uncertainties, and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding future project development and growth, timing and completion of asset divestitures, market conditions for copper, gold, helium, or gas, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, without limitation, operational risks in completing anticipated transactions, delays or changes in plans with respect to the development or divestiture of projects, risks affecting the ability to obtain regulatory or governmental approvals, political or permitting risks in Mexico or the United States, the ability to attract key personnel, and fluctuations in commodity prices. No assurances can be given that the efforts by the Company will be successful.

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. Investors are cautioned that notwithstanding the expectations described herein, there can be no assurance that the plans described herein will be completed as proposed. Trading in the securities of VVC should be considered highly speculative. All forward-looking statements contained in this press release are expressly qualified in their entirety by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at www.sedarplus.ca ).