Vulcan Minerals Inc V.VUL

Alternate Symbol(s): VULMF

Metals & Mining Industrial Metals & Minerals

Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey’s Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey’s Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.

TSXV:VUL - Post by User

Vulcan Minerals Inc > SASSY farm out

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Post by nodealson Feb 12, 2021 4:31pm

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Post# 32555906

SASSY farm out

I like the name!

I like the influx of capital for Vulcan. Around 1 million cash and equity.

Also i note that property next to Marathon gold remains under vulcan control. will this cash plus cash from sale of some RMK to enough to fund drilling at that site? Will it be farmed out as well. Marathon?

That said RMK who from what I can tell does not directly benefit from this deal is continuing to hold its own. Could there be another deal in the works, developement or take over?

I'm holding on to both!

Anybody out there, know the way I feel (LOL) or know anything in the works?

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