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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

Bullboard Posts
Comment by lhyneson Jan 06, 2002 12:00am
415 Views
Post# 4594129

RE: Our time is near..

RE: Our time is near..Buckeye; As mentioned in the company's latest press release,Vulcan has commenced its onshore drilling program at Flay Bay.Conductor casing has been drilled to a depth of 16.4 metres with a water well unit in preparation for the actual well.I am not certain if drilling has recommenced, however, you can be reasonably certain that it is imminent.The company would most likely not have begun operations if it anticipated a delay in permitting.Recent activity in the share price may be an indication that drilling has either started or is near. This is a huge target and should generate a lot of speculation as the program moves forward.If this is a successful hole, we have ourselves an oilfield.Remember that Vulcan penetrated more than 100 metres of oil bearing formation in Flat bay #1,approx. 3km southwest of Captain Cook #1. Len
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