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

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Post by loonietuneson Feb 09, 2021 7:46pm

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Post# 32520516

Excerpt from Stockwatch Gold-Today

Honorable mention, nice results in the big scheme of things?

Keith Henderson's Velocity Minerals Ltd. (VLC) got up some speed today on the heels of assays from its Obichnik project in Bulgaria, adding three cents to 52 cents on 671,000 shares. The company hit 17 metres of rock averaging 2.55 grams of gold per tonne in the Durusu zone, an interval bolstered by a seven-metre stretch that averaged 4.2 grams per tonne. At the Premka zone, a 1.8-metre interval returned 33.08 grams of gold and 16.63 grams of silver per tonne, testing dikes that previously produced 15.8 grams of gold and 76.72 grams of silver per tonne over six metres. More drilling is under way.

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