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Velocity Minerals Ltd V.VLC

Alternate Symbol(s):  VLCJF

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

Post by Swl1896on Jan 09, 2022 4:40pm
141 Views
Post# 34298238

Feb 9, 2021

Feb 9, 2021

Iglika Project

Extensive induced polarization (IP), magnetic and surface geochemical sampling in the eastern portion of the Iglika Project has identified several high-priority drill targets. Interpretation is ongoing and will be reported in due course. Additional geophysical and geochemical surveying is ongoing over the western portion of the exploration licence. Drilling is planned for Q2.

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