Velocity Minerals Ltd V.VLC

Alternate Symbol(s): VLCJF

Metals & Mining Gold

Velocity Minerals Ltd. (Velocity) is a Canada-based precious metals and copper explorer focused on Eastern Europe. The Company is in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. In Bulgaria, the Company has a 70% interest in the Tintyava property, which includes the prefeasibility-stage Rozino deposit. The Company also has a 70% interest in the Momchil property (which includes the Obichnik project), a 70% interest in the Nadezhda property (which includes the Makedontsi project), and a 70% interest in the Dangovo property (which is contiguous with the Makedontsi project). The Company holds a 100% interest in the Iglika copper-gold exploration property. The Company has also entered into agreements to acquire a 75% interest in the Zlatusha copper-gold exploration property. The Rozino project is situated within the in southeast Bulgaria's Ivaylovgrad municipality.

TSXV:VLC - Post by User

Velocity Minerals Ltd

Bullboard Posts

Comment by ngobeon Sep 22, 2017 1:07am

128 Views

Post# 26729276

RE:More good intersections

Is there any report on the metallurgy by previous explorers?

If the grades keep up and the recovery is good, being a shallow deposit could this rather quickly turn into a profitable mine where they can even truck the ore to their Bulgarian partner's mill?

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale