Velocity Minerals Ltd.

Recent News

  • Velocity Reports Extensions to New Mineralization at Rozino Project, Southeast Bulgaria

    Vancouver, British Columbia--(Newsfile Corp. - June 7, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") provides an update on positive drill exploration results from the Rozino gold project located in southeastern Bulgaria ("Rozino"). 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 basement at Rozino (see news release NR-21-07, April 27, 2021 and NR-21-10, May 18, 2021),...

    2021-06-07 7:00 AM EDT
  • Velocity Reports Drill Results from Rozino Project, Southeast Bulgaria - Drilling Ongoing

     Drill highlights at Rozino include:Drill hole RDD-219; 52.9m grading 0.60 g/t gold, including 16.0m grading 0.95 g/t goldDrill hole RDD-223; 42.0m grading 0.73 g/t gold, including 4.0m grading 3.48 g/t goldVancouver, British Columbia--(Newsfile Corp. - May 18, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") 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...

    2021-05-18 7:00 AM EDT
  • Velocity Reports Large Gold in Soil Anomalies Adjacent to the Rozino Deposit, Southeast Bulgaria

    Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") provides an update on soil sampling and follow-up rock chip sampling results at Rozino ("Rozino" or the "Project") in the area immediately surrounding the deposit. Three large gold in soil anomalies have been defined (Figure 1) and field verification of the anomalies has identified widespread epithermal vein material in outcrop and float (Plate 1). Analysis of outcrop and float rock chip samples...

    2021-05-12 7:00 AM EDT
  • Velocity Files NI 43-101 Technical Report on SEDAR for Initial Mineral Resource Estimate at Obichnik Gold Project, Southeast Bulgaria

    Vancouver, British Columbia--(Newsfile Corp. - April 28, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has filed a NI 43-101 Technical Report on SEDAR (the "Report") entitled "NI 43-101 Technical Report Exploration and Mineral Resource Estimation for the Obichnik Property, Republic of Bulgaria," dated March 20, 2021 (effective date February 11, 2021). The Technical Report was written by Jonathon Abbott an independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure....

    2021-04-28 1:57 PM EDT
  • Velocity Provides an Update on the Tintyava License and Rozino Exploration Drilling, Southeast Bulgaria

    Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Velocity Minerals Ltd. (TSXV:  VLC) ("Velocity" or the "Company") provides an update on the Tintyava prospecting and exploration license permit no. 467, issued on February 28, 2017 (the "Tintyava License") and exploration drilling at the Rozino Project ("Rozino") and Kazak East ("Kazak"), located within the Tintyava License area. Velocity holds a 70% interest in the Tintyava License and Rozino, through its subsidiary, Kibela Minerals AD pursuant to a 70/30...

    2021-04-27 9:00 AM EDT
  • Velocity Samples up to 56 g/t Gold at the Iglika Gold-Copper Project, Southeast Bulgaria

    Vancouver, British Columbia--(Newsfile Corp. - April 13, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") provides an update on positive exploration results from its 100%-owned Iglika gold-copper project ("Iglika" or the "Project"), located in southeastern Bulgaria. Iglika is an under explored property located in a highly prospective precious and base metal mineral belt. The Project has potential for both epithermal gold and porphyry copper - gold deposits. Velocity is focused on near surface...

    2021-04-13 7:00 AM EDT
  • Velocity Receives Notice of Early Conversion of $5,094,000 Convertible Debenture from Artemis Gold

    Vancouver, British Columbia--(Newsfile Corp. - March 26, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has received a notice of early conversion from Artemis Gold Inc. ("Artemis") with respect to an 8.5% secured convertible debenture in the principal amount of $5,094,000 (the "Convertible Debenture") issued to Artemis in March 2019. The Convertible Debenture was issued in connection with a $9,000,000 strategic investment (the "Strategic Investment") by Artemis into the Company (see news release...

    2021-03-26 8:00 AM EDT
  • Velocity Reports Initial Mineral Resource Estimate at Obichnik Gold Project, Southeast Bulgaria

    Inferred Resource at 0.3g/t gold cut-off grade 4.4Mt @ 1.1 g/t gold for 156,000 ouncesMineralization at Obichnik Remains Open for ExpansionVancouver, British Columbia--(Newsfile Corp. - March 16, 2021) -  Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that as part of its Obichnik joint venture earn-in agreement it has received an initial Inferred Mineral Resource estimate for the Durusu Zone on its Obichnik gold Project ("Obichnik" or the "Project"), southeast Bulgaria (Table 1). Highlights include:Initial Resource; 4.4...

    2021-03-16 7:00 AM EDT