In a 2-quart saucepan over low heat, cook and stir sugar and water until sugar dissolves. Add chocolate chips and butter or margarine. Stirring frequently over medium heat, cook until smooth. Stir in corn syrup. Remove from heat.
Stir in vanilla. Serve warm over ice cream or dessert of your choice.
Store tightly covered in refrigerator. Reheat before using. Sauce will keep for a long time.
This Velvet Chocolate Sauce recipe is from the Gold Star Collection Cookbook. Download this Cookbook today.