Velocity Minerals Ltd. announces receipt of results for additional drill holes at the Obichnik gold project and the Rozino gold deposit . Velocity previously disclosed initial drill results from a single drill hole at the Sivri Tepe target at Obichnik . Results have been received for two additional drill holes with both intersecting significant [...]
Velocity Minerals Ltd. announces that it has executed a letter agreement with Balkan Mineral Development OOD for an exclusive option to acquire a 100% interest in the 105 km2 Iglika gold-copper property , located in southeastern Bulgaria. The project is located in the westernmost portion of the prolific Tethyan belt that transects Bulgaria and [...]
Velocity Minerals Ltd. reports the results of its annual general and special meeting of shareholders held on June 24, 2020 in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Each of the five nominees proposed as Directors and listed in the Company’s Management Information Circular dated May 13, 2020 were [...]
Velocity Minerals Ltd. announces that it has discovered new outcropping gold mineralization at the Kazak target area and received additional positive drill results from the Rozino South Zone , both of which are priority exploration targets close to the Rozino Project , Bulgaria. The Company is prioritizing exploration in these areas as any [...]
Velocity Minerals Ltd. announces that it has received results from its ongoing discovery exploration program at the Rozino Project , Bulgaria. Highlights: Expands currently defined mineralization at Rozino gold deposit – results pending for 3 drill holes and a further 5 drill holes planned. Discovers new zone of mineralization at Rozino [...]
Velocity Minerals announces that it has received results from 26 additional drill holes for the near-surface Sedefche gold project. Highlights include: Significant mineralization from near surface to depths of approximately 50m from surface: SDD-074 returned 27.2m @ 3.24 g/t gold and 110.41 g/t silver. Top cutting is done when samples return [...]
Highlights include: Drill hole SDD-046; 24.3m @ 3.72 g/t gold and 51.8 g/t silver, including 7.7m @ 9.97 g/t gold and 89.1 g/t silver Drill hole SDD-044; 11.0m @ 5.60 g/t gold and 79.9 g/t silver VANCOUVER, British Columbia, April 20, 2020 -- Velocity Minerals Ltd. announces that it has received results from 33 additional drill holes for the [...]
Velocity Minerals Ltd. provides an update on the Company’s 2020 exploration programs and plans in southeastern Bulgaria in the context of the global COVID-19 crisis. The Company continues to move forward with planned work, including drilling, while putting strict protocols in place to protect employees, contractors, consultants and their [...]
Velocity Minerals Ltd. announces that it has received results for four additional drill holes for the Sedefche Gold Project , Bulgaria. Velocity’s results continue to broadly confirm the grade and tenor of historical results and have identified a number of higher-grade zones like those for drill hole ODD-019 . The results support the [...]
Velocity Minerals Ltd. announces that Steven Dean has been appointed to the board of directors, effective immediately. “On behalf of Velocity, I would like to welcome Steven Dean to the board. We look forward to working with Steven, who is a nominee director of our largest shareholder, Artemis Gold,” stated Keith Henderson [...]
