VVC Engages Foreland Operating to Manage Helium Production - Seite 2

About PHC

VVC’s wholly owned subsidiary is dedicated to the production of helium in the United States with properties in Kansas and Colorado.

Strategy: Lease properties that have at least one well that was previously drilled, completed, tested, showed for 2% or more of helium, and was plugged but not produced (mostly because at the time of the drilling, there were no processing facilities available). Generally, each leased block has the potential to add a minimum of four more wells. This strategy dramatically reduces the risk of drilling dry holes.

Major Helium Projects & Acreage Summary:

• Syracuse: 16,800
• Monarch: 1,600
• Syracuse Extension Kansas: more than 11,000
• Syracuse Extension Colorado: 27,180
• PHC is finalizing a development contract with a major mineral owner for an additional 60,000 acres in the State of Colorado.
  

About VVC Exploration Corporation

VVC is a publicly traded Canadian-based mining exploration and development company listed on the TSX Venture Exchange (TSX-V:VVC). With the addition of Plateau Helium Corporation ("PHC"), VVC is also a Helium producing company. VVC’s portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico and the Helium Projects owned by its wholly owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of Gloria Copper Project, as soon as Covid-19 restrictions are removed in Mexico. To learn more, visit our website at: http://vvcexpl.com.

On behalf of the Board of Directors

Michel J. Lafrance, Secretary-Treasurer

For further information, please contact:

Patrick Fernet - [phone]	or	Trevor Burbank - [phone]
[e-mail]		[e-mail]

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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