(PR-inside.com) DURANGO, CO -- (Marketwire) -- 12/15/11 -- Varca Ventures, Inc. (OTCBB: VRCV) announced that its first round of financing for $750,000 which was completed in October, will fund the remediation of the May Day Idaho Mining Complex, located near Hesperus, Colorado, 15 miles west of Durango, in the California Mining District. Varca will use this capital to proceed with rectifying the conditions within the permit approved last month. Upon completion of the remediation work, the company expects to resume mining activities. All activity on the site had previously been stalled under prior management. Current Mining Lease Data: Varca holds a 10-year ..
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