Velocity Minerals Ltd.

VANCOUVER, British Columbia, Jan. 11, 2018 -- Velocity Minerals Ltd. announces that it has received assay results for diamond drill hole RDD-040, which returned 144.7m grading 1.52g/t gold including 24.0m grading 4.05 g/t gold, at the new East Zone, Rozino gold project. Mineralization in drill hole RDD-040 is intersected from surface and is the thickest continuous drill intersection averaging greater than 1.0g/t gold ever [...]

Drill Hole RDD-022; 17m @ 0.92g/t gold & 27m @ 1.72g/t gold Drill Hole RDD-023; 38.0m @ 0.92g/t gold & 19.0m @ 0.89g/t gold Velocity drilling at the Rozino project together with drill holes planned to be completed during December 2017. Additional drilling is planned for 2018 but is not illustrated. Cross section showing drill results for RDD-022 at the Rozino Project Cross Section showing drill results for RDD-023 at the [...]

Drill Hole RDD-015; 89.0m grading 1.32g/t gold Drill Hole RDD-016; 43.0m grading 1.04g/t gold Velocity drill hole plan. Holes completed are shown in black. Results have been returned for holes RDD-001 through RDD-016. 24 drill holes have been completed. Drilling is ongoing. Cross section showing drill results for RDD-015 at the Rozino Project Cross Section showing drill results for RDD-014 and RDD-016 at the Rozino [...]

VANCOUVER, British Columbia , Nov. 14, 2017 -- Velocity Minerals Ltd. announces that it has received analysis of trench sampling that expands mineralization southeast of drill hole RDD-007 . Historical soil geochemistry and trench anomalies are extended to the southeast by Velocity’s Trench RTR-01, which identify a coherent zone of surface mineralization measuring 150m by 150m. Drill testing is planned for Q4 [...]

VANCOUVER, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received laboratory results for four additional diamond drill holes at the Company’s advanced Rozino gold project (“Rozino” or the “Project”) (Table 1). Drill holes RDD-008 and RDD-009 were collared outside of the main mineralized zone [...]

VANCOUVER, British Columbia, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received laboratory results for three additional diamond drill holes at the Company’s advanced Rozino gold project (“Rozino” or the “Project”), located within the Tintyava prospecting and exploration licence area in [...]

Velocity Minerals announces that it has received laboratory results from a soil sampling program at the Ekuzya Project, southeast Bulgaria. A total of 401 soil samples were collected on a 50m by 50m grid covering the eastern portion of the Property. Results range from below detection up to 3.16g/t gold and confirm Velocity’s interpretation that Ekuzya contains widespread gold mineralization and that the Property is [...]

Velocity Minerals announces that it has closed the non-brokered private placement announced on September 7. As a result of the Financing, the Company issued a total of 3,803,176 units, priced at $0.34 per Unit to raise gross proceeds of $1,293,079.84. Each Unit consisted of one common share of the Company and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share of the [...]

Velocity Minerals announces a non-brokered private placement of 4,411,765 units priced at $0.34 per Unit to raise a total of $1.5 million. Each Unit will consist of one common share of Velocity and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share of Velocity for $0.50 for a period of 12 months from the closing of the Financing. The common shares and warrants [...]

VANCOUVER, British Columbia, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received laboratory results for two additional drill holes (Figure 1, Table 1) at the Company’s advanced Rozino gold project (“Rozino” or the “Project”), located within the Tintyava prospecting and exploration licence [...]