Drilling highlights include: Drill hole RDD-138; 25.0m @ 1.49 g/t gold from 102.9m Drill hole RDD-150; 35.0m @ 0.60 g/t gold from surface and 52.8m @ 0.93 from 50.3m VANCOUVER, British Columbia, Nov. 19, 2019 -- Velocity Minerals Ltd. announces that it has received drill results for an additional 40 drill holes completed at the Rozino gold deposit [...]
Velocity Minerals Ltd. announces that it has entered into a definitive option agreement with Bulgarian partner, Gorubso-Kardzhali A.D. , whereby Velocity has been granted the exclusive right to acquire a 70% interest in the Sedefche gold deposit located in southeast Bulgaria. The Company considers Sedefche to be an advanced-stage gold deposit and [...]
Velocity Minerals Ltd. announces that it has received additional drill results from one of four high priority targets, Durusu Tepe , at the Obichnik gold project , Momchil property, southeast Bulgaria . Initial drill results included 43.4m grading 3.89 g/t gold and 27.5m grading 1.24 g/t gold. Expansion drilling confirms the continuity of [...]
Velocity Minerals Ltd. announces that it has received initial drill results for Target 1 at the Obichnik gold project , Bulgaria . In addition, outcrop associated with intrusion-related gold mineralization was discovered at Target 3 . The Obichnik project is interpreted to be an intrusion-related gold and base metal mineralizing system containing [...]
Velocity Minerals Ltd. announces that it has received positive results for recently completed geochemical soil sampling and ground magnetic surveys at the Obichnik gold project . Obichnik is one of the Company’s three near surface gold projects located in southeastern Bulgaria. The surveys have defined four priority drill targets [...]
Drilling continues to intersect multiple broad intervals of near surface gold mineralization: Drill hole RDD-079; 36.4m @ 0.66g/t gold incl. 15.0m @ 1.29g/t gold from surface, and 61.2m @ 0.77g/t gold incl. 15.0m @ 1.73g/t gold VANCOUVER, British Columbia, June 18, 2019 -- Velocity Minerals Ltd. announces that it has received drill results for an [...]
Velocity Minerals Ltd. announces that it has entered into an option agreement with Bulgarian partner, Gorubso Kardzhali A.D., to acquire a 70% interest in the 388-hectare Momchil property , which includes the Obichnik gold project ; a geological resource registered on the Bulgarian State balance. Under the terms of the option agreement, Velocity [...]
Velocity Minerals Ltd. announces that it has entered into an option agreement with Bulgarian partner, Gorubso Kardzhali A.D., to acquire a 70% interest in the 194-hectare Nadezhda property , which includes the Makedontsi gold project ; a geological resource registered on the Bulgarian State balance. Under the terms of the option agreement, Velocity [...]
Highlights include: Drill hole RDD-074; 8.0m @ 2.68g/t gold near surface Drill Hole RDD-073; 10.0m @ 1.77g/t gold Map showing Velocity drill holes and highlights at Rozino as well as drill holes for which results are pending. Highlights from drill holes RDD-057 to RDD-062 Additional Drill Rig Mobilized to Site VANCOUVER, British Columbia, May 13 [...]
Velocity Minerals Ltd. announces that it has received conditional approval to graduate from Tier 2 to Tier 1 on the TSX Venture Exchange . Application to Graduate to Tier 1 In October 2018, the Company filed a Preliminary Economic Assessment on the Rozino Project, Tintyava Property, Bulgaria . The Company confirms it has completed Phase I work on [...]