VVC is a TSX Venture listed Canadian company engaged in the
acquisition, exploration and mining of Gold, Antimony &
Uranium properties. VVC also holds 10% interest in the Beaver
Brook Antimony Mine in the Canadian province of Newfoundland.
VVC is well financed with sufficient working capital and growing
cash flow from its mining operations to carry out its exploration
and development needs.
To create & maximize value in the corporation by building
profitable operating mines, conduct successful exploration
by bringing additional economic Gold, Antimony and Uranium
mineralization and by acquiring new undervalued facilities
while maintaining environmental standards.
Management is curently focused on its assets in Canada, which
it believes offers the greatest potential for value creation
for its shareholders. Our strategy is to become a mid-size
gold-antimony & uranium producer by operating the developing
mining operations and expending the resources. The strategy
also focuses on finding producing mines or mining development
pre-production auriferous projects. The company will be constantly
attempting to aquire geological projects that potentially
contain economic resources with emphasis on projects that
have achieved good historical production or with ongoing production
of high-grade ore.
Set of parameters, criteria and requirements for Company's
investment are two-fold:
-low cost of production; thereby achieving a rapid definition
of resource which presents the potential to exceed 1 M ounces
on a single target.
-the development or upgrading of mining operations has to
provide very high IRR and relatively low CAPEX in order for
it to be financed 100% internally. |
Corporate Profile
