Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, British Columbia, March 22, 2018 -- Velocity Minerals Ltd. announces a non-brokered private placement of up to 17,500,000 units priced at $0.20 per [...]
Reports Gold Recoveries Up To 92.9% Confirms Historical Gold Leach Results VANCOUVER, British Columbia, March 21, 2018 -- Velocity Minerals Ltd. reports results of bottle roll and stirred leach tests carried out on various grades of mineralized samples from the Rozino gold project , located in southeast Bulgaria. The test results show gold [...]
Inferred Resource at 0.5g/t gold cut-off grade 17Mt @ 1.15g/t gold for 629,000 ounces Plan view of Inferred Resource extents relative to angled drill hole dataset. Representative section of resource estimate scaled and coloured by proportion above 0.5g/t gold cut off grade Mineralization remains open for expansion VANCOUVER, British Columbia, March [...]
Highlights include; 30.8m grading 1.55g/t gold and 66.5m grading 1.32g/t gold Cross-section at Rozino East Zone showing drill hole RDD-044 mineralized intersections. Rozino drilling to date, including RDD-044 and drill holes for which assay results are pending at East Zone VANCOUVER, British Columbia, March 01, 2018 -- [...]
Secures Access to Central CIL Gold Processing Plant for all Future Projects within 10,000km2 Alliance Area Map illustrating the Exploration and Mining Alliance Boundary and the exploration and mining projects currently located within it. Projects immediately impacted by the Alliance are Velocity Projects shown in blue and Gorubso Projects shown in [...]
VANCOUVER, British Columbia, Feb. 16, 2018 -- Velocity Minerals Ltd. reports the results of its annual general meeting of shareholders held on February 15, 2018 in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Votes representing 35,527,965 shares were cast, representing 58.06% of the issued and [...]
VANCOUVER, British Columbia, Feb. 05, 2018 -- Velocity Minerals Ltd. announces that it has received assay results for three diamond drill holes at Rozino East Zone, following up on RDD-040, which returned 144.7m grading 1.52g/t gold. Highlights include drill hole RDD-042, drilled 50m to the southeast, which intersected 49.6m grading 0.88g/t gold [...]
VANCOUVER, British Columbia, Jan. 11, 2018 -- Velocity Minerals Ltd. announces that it has received assay results for diamond drill hole RDD-040, which returned 144.7m grading 1.52g/t gold including 24.0m grading 4.05 g/t gold, at the new East Zone, Rozino gold project. Mineralization in drill hole RDD-040 is intersected from surface and is the [...]
Drill Hole RDD-022; 17m @ 0.92g/t gold & 27m @ 1.72g/t gold Drill Hole RDD-023; 38.0m @ 0.92g/t gold & 19.0m @ 0.89g/t gold Velocity drilling at the Rozino project together with drill holes planned to be completed during December 2017. Additional drilling is planned for 2018 but is not illustrated. Cross section showing drill results for RDD-022 at [...]
Drill Hole RDD-015; 89.0m grading 1.32g/t gold Drill Hole RDD-016; 43.0m grading 1.04g/t gold Velocity drill hole plan. Holes completed are shown in black. Results have been returned for holes RDD-001 through RDD-016. 24 drill holes have been completed. Drilling is ongoing. Cross section showing drill results for RDD-015 at the Rozino Project Cross [...]
VANCOUVER, British Columbia , Nov. 14, 2017 -- Velocity Minerals Ltd. announces that it has received analysis of trench sampling that expands mineralization southeast of drill hole RDD-007 . Historical soil geochemistry and trench anomalies are extended to the southeast by Velocity’s Trench RTR-01, which identify a coherent zone of surface [...]
VANCOUVER, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received laboratory results for four additional diamond drill holes at the Company’s advanced Rozino gold project (“Rozino” or the “Project”) (Table 1). Drill holes [...]