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Vulcan Minerals Inc V.VUL

Alternate Symbol(s):  VULMF

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

Post by lifegoesonon Jun 11, 2022 12:03pm
190 Views
Post# 34749293

Will there be a surprise at PDAC...?

Will there be a surprise at PDAC...?Rowland has been very guarded with what is going on, as evidenced by over 3 months with no press releases, then releasing drilling results that dramatically surprised everyone, i.e. two step out holes when no one knew that he had drilled more than one hole. Obviously the drills are turning fast with yet another amazing hole released on Friday (catching again everyone by surprise) that increased the potential resource significantly.

Rowland is at PDAC, no doubt talking with majors, institutional investors and anyone else who will listen. Parties, drinks, and discussions. Apparently a video coming out this Sunday night, and who knows if anything next week. They are going to have a site visit, and looks like the listing in Germany is about to go live (9D00 I think).

Also mentioned yesterday, Atlas has retained Sagacity Capital Media for a term of one year to provide advertising and marketing services for the company for a total fee of $39,000 (plus tax). Sagacity has also been granted 125,000 consultant stock options, exercisable at $2.25 per share for a period of one year, subject to TSX Venture Exchange approval.   This tells me there is more upside to come or why would these guys even consider such high incentive options....!!!!
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