Velocity Minerals Ltd. reports that it has filed a revised National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report for the Rozino gold project, located in southeast Bulgaria. The NI 43-101 technical report is entitled "Revised NI 43-101 Technical Report Pre-Feasibility Study for the Rozino Gold Project, Bulgaria" and is dated December 15, 2021 and dated effective September 28, 2020. The [...]
Velocity Minerals Ltd. reports that it has filed an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report for the Durusu deposit at the Obichnik gold project , southeast Bulgaria . The Updated Technical Report incorporates an updated Inferred Mineral Resource estimate for the Project, and incorporates the results of recently completed metallurgical test-work, which indicates [...]
Velocity Minerals Ltd. announces that it has delivered notice of option exercise to Gorubso-Kardzhali AD for the Nadezhda property , which includes the Makedontsi project . To fulfill the terms of the option agreement with Gorubso, Velocity was required to deliver an Environment Impact Assessment prepared in accordance with Chapter Six of the Bulgarian Environmental Protection Act. In addition, Velocity will sole-fund [...]
Velocity Minerals Ltd. provides an update on positive drill results from its flagship Rozino gold project located in southeastern Bulgaria . Results from 30 new drill holes include 17 drill holes containing significant gold intersects. Exploration drilling of areas adjacent to the Prefeasibility Study Rozino design pit , plus initial exploration drilling of selected gold-in-soil anomalies located proximal to Rozino have [...]
Velocity Minerals Ltd. provides an update on positive drill results from the Rozino gold project located in southeastern Bulgaria . Drilling at Rozino continues to discover significant gold mineralization adjacent to and underlying the deposit. Drill results have been received from recent drilling and from sampling of previously unsampled drill core. Neither results are included within the Company's current Mineral [...]
Velocity Minerals Ltd. announces that it has delivered notice of option exercise to Gorubso-Kardzhali AD for the Momchil property , which includes the Obichnik gold project . To fulfill the terms of the option agreement with Gorubso, Velocity was required to deliver a Mineral Resource estimate prepared in accordance with National Instrument 43-101 and an Environment Impact Assessment prepared in accordance with Chapter [...]
Velocity Minerals Ltd. provides an update on positive drill exploration results from the Rozino gold project located in southeastern Bulgaria. Drilling at Rozino continues to discover significant gold mineralization hosted in basement rocks adjacent to and underlying the deposit. Following the discovery of significant gold intercepts within the basement at Rozino, results have been received for an additional 7 drill [...]
Velocity Minerals Ltd. provides an update on positive drilling results from the Rozino gold project located in southeastern Bulgaria. Drilling at Rozino continues to discover significant gold mineralization hosted in basement rocks adjacent to and underlying the deposit. Basement-hosted gold mineralization was not included within the Company's current NI 43-101 Mineral Resource estimate at Rozino . Following the discovery [...]
Velocity Minerals Ltd. provides an update on soil sampling and follow-up rock chip sampling results at Rozino in the area immediately surrounding the deposit. Three large gold in soil anomalies have been defined and field verification of the anomalies has identified widespread epithermal vein material in outcrop and float. Analysis of outcrop and float rock chip samples within the three soil anomalies confirms the [...]
Velocity Minerals Ltd. announces that it has filed a NI 43-101 Technical Report on SEDAR entitled "NI 43-101 Technical Report Exploration and Mineral Resource Estimation for the Obichnik Property" dated March 20, 2021. The Technical Report was written by Jonathon Abbott an independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure. The Report is available on SEDAR under the Company's [...]
Velocity Minerals Ltd. provides an update on the Tintyava prospecting and exploration license permit no. 467, issued on February 28, 2017 and exploration drilling at the Rozino Project and Kazak East , located within the Tintyava License area. Velocity holds a 70% interest in the Tintyava License and Rozino, through its subsidiary, Kibela Minerals AD pursuant to a 70/30 joint venture with its Bulgarian partner Gorubso [...]
Velocity Minerals Ltd. provides an update on positive exploration results from its 100%-owned Iglika gold-copper project, located in southeastern Bulgaria. Iglika is an under explored property located in a highly prospective precious and base metal mineral belt. The Project has potential for both epithermal gold and porphyry copper - gold deposits. Velocity is focused on near surface gold potential, which comports well [...]