Vulcan Minerals Inc VULMF

Vulcan Minerals Inc. Commences Drilling in NFLD..

[lifegoeson]

Finally VUL is drilling... call me nuts, but this surely has to be undervaled given their primary properties in NFLD, but also the 28 M share position in SALT which is trading at $0.90 today. All the pieces are there, they have hired IR (Doug McKay and Associates), they just listed on the Frankfurt Exchange, and only about 100 M shares out, I've done the math. So, hopefully just a matter of time before all the pieces fall together, perhaps this spring.


commencement of drilling at its 100% owned Colchester copper/gold property in Newfoundland. A minimum program of 1500 meters will test the Andrews Pit geophysical target which offsets the historic main Colchester copper/gold deposit. As well, the western flank of the Colchester deposit and the McNeily showing will be drill tested. The Colchester area is part of the larger Springdale property which hosts numerous historic copper and gold deposits and showings, none of which have been adequately explored with the benefit of modern digital geophysical and geological modelling. A review of the data with relevant maps is available in the corporate presentation at the company’s website www.vulcanminerals.ca. Maritime Resources Corp. is currently redeveloping the Hammerdown gold mine approximately 5 kilometers southwest of the Springdale property.

[JohnCabot]

Drill, Drill, Drill! That is the name of the game for junior miners. Finally the bit is turning. Here is hoping for some NFG type intercept. Pat has the money and picked this property years ago when the province was wide open. Fingers crossed!

[lifegoeson]

JohnCabot, love your name.... also not to mention that SALT is trading up at $1 today, VUL owns 38% of Atlas or about 28 M shares... IR will have a lot to talk about ..... From the SALT press release, ....".... Red Moon Resources Inc. has engaged SLR Consulting (Canada) Ltd., a global leader in the mining and minerals advisory service, to complete a feasibility study (FS) for the company'