Velocity Minerals Ltd. announces a non-brokered private placement of up to 10,000,000 units of the Company priced at $0.15 per Unit for total gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder thereof [...]
Velocity Minerals Ltd. announces that it has entered into a binding letter agreement with Zelenrok EOOD , a wholly-owned subsidiary of Raiden Resources Limited , whereby Velocity has been granted an exclusive option to acquire, in two stages, up to a 75% interest in and to the prospecting and exploration licence covering the 195 km² Zlatusha [...]
Velocity Minerals Ltd. announces the appointment of Gerrie van der Westhuizen to its board of directors , as the nominee of Artemis Gold Inc. under the January 16, 2019 strategic investment agreement between the parties, replacing Chris Batalha. Mr. Batalha has resigned as a director of Velocity effective December 15, 2022. Gerrie van der [...]
Velocity Minerals Ltd. announces the appointment of Chris Batalha to its board of directors , as the nominee of Artemis Gold Inc. under the January 16, 2019 strategic investment agreement between the parties, replacing Steven Dean. Mr. Dean has resigned as a director of Velocity effective March 23, 2022, but will remain an advisor to the Board [...]
Velocity Minerals Ltd. reports that it has filed a revised National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report for the Rozino gold project, located in southeast Bulgaria. The NI 43-101 technical report is entitled "Revised NI 43-101 Technical Report Pre-Feasibility Study for the Rozino Gold Project, Bulgaria [...]
Velocity Minerals Ltd. reports that it has filed an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report for the Durusu deposit at the Obichnik gold project , southeast Bulgaria . The Updated Technical Report incorporates an updated Inferred Mineral Resource estimate for the Project, and incorporates the [...]
Velocity Minerals Ltd. announces that it has delivered notice of option exercise to Gorubso-Kardzhali AD for the Nadezhda property , which includes the Makedontsi project . To fulfill the terms of the option agreement with Gorubso, Velocity was required to deliver an Environment Impact Assessment prepared in accordance with Chapter Six of the [...]
Velocity Minerals Ltd. provides an update on positive drill results from its flagship Rozino gold project located in southeastern Bulgaria . Results from 30 new drill holes include 17 drill holes containing significant gold intersects. Exploration drilling of areas adjacent to the Prefeasibility Study Rozino design pit , plus initial exploration [...]
Velocity Minerals Ltd. announces that it has delivered notice of option exercise to Gorubso-Kardzhali AD for the Momchil property , which includes the Obichnik gold project . To fulfill the terms of the option agreement with Gorubso, Velocity was required to deliver a Mineral Resource estimate prepared in accordance with National Instrument 43-101 [...]
Velocity Minerals Ltd. provides an update on positive drill exploration results from the Rozino gold project located in southeastern Bulgaria. Drilling at Rozino continues to discover significant gold mineralization hosted in basement rocks adjacent to and underlying the deposit. Following the discovery of significant gold intercepts within the [...]
Velocity Minerals Ltd. provides an update on positive drilling results from the Rozino gold project located in southeastern Bulgaria. Drilling at Rozino continues to discover significant gold mineralization hosted in basement rocks adjacent to and underlying the deposit. Basement-hosted gold mineralization was not included within the Company's [...]
Velocity Minerals Ltd. provides an update on soil sampling and follow-up rock chip sampling results at Rozino in the area immediately surrounding the deposit. Three large gold in soil anomalies have been defined and field verification of the anomalies has identified widespread epithermal vein material in outcrop and float. Analysis of outcrop and [...]
