VVC Signs $4 Million Loan Agreement and Announces Proposed Timeline for Samalayuca Copper Project Pilot Mining Production - Seite 2

Jim Culver, VVC's President commented: "We are very pleased that with TSXV's acceptance, VVC has been able to complete this loan facility. This loan, in conjunction with the ongoing private placement, will provide the Company with funding to advance the Samalayuca Copper project to pilot production. VVC expects this pilot mining operation to allow the Company to be cash flow positive from copper production revenue from the Company's Samalayuca Copper project in the next 12-15 months."

Highlights from VVC's timeline projections for the Samalayuca Project over the next 12-15 months are:

Stage 1: August 2014 - November 2014

• Land Use Change Approval first by the Advisory Committee (Advisory Committee approved on July 17 and recently by the Regional Director of CONAP (Division of Mexico's Environmental Agency that governs Land Use Designation). The National Director of CONAP in Mexico City has said publicly that if the Advisory Committee approved he would also. All of the necessary documentation has been submitted and is pending review by the Director of CONAP in Mexico City
• Request for Permits to be filed in September (agency is required to answer in 60 days)
• Drilling for pit definition to begin in September

Stage 2: December 2014 - April 2015

• All land use changes and permits are expected to be approved and project preparation for pilot production is to begin.
• Final drilling for the first open pit mine will be completed.
• Construction of roads, heap leach pad, lab, recovery facility, and office should be completed

Stage 3: May 2015 - August 2015

• Previously mined ore stockpiled on surface to be placed on heap leach pad
• Production of 50,000 tons of ore per month begins (500,000 lbs of copper).
• First project cash flow in June/July 2015.

About VVC Exploration Corporation

VVC is a Canadian exploration and mining company with projects in Mexico and Canada, which includes a near production copper prospect 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. VVC is aggressively seeking to convert its near production copper project, Samalayuca, to pilot scale production, then full production.