VRCV, Varca Ventures, Inc., VRCV.OB

Varca Ventures Proceeds with Reclamation of Historic Gold Mine Following Unanimous Approval of Colorado Mined Land Board

** Board's permit, first in 28 years, gives Varca Ventures the go-ahead to commence limited on-site activities **

** VRCV (an exploration stage company that seeks to engage in the acquisition, exploration and development of natural resource properties primarily in North America) reported that it has commenced with the reclamation of its Idaho and May Day mines located near Hesperus, Colorado, in the California Mining District, following the previously announced approval from the Colorado Mined Land Reclamation Board. This permit, the first of its kind issued by the Colorado Board in nearly 28 years, is to resume activities in an area that throughout the early 1900s had historically produced gold and silver ore.

VRCV has begun to implement the first phase of action covered by the permit, which includes:

* Initial geotechnical drilling activities to support future road, portal, pond and drainage design and construction work plans

* Installation of groundwater monitoring wells used to define the environmental baseline characteristics

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