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Velocity Minerals Ltd.

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Summary

Project:

Rozino

Deposit:Rozino
Location:Bulgaria
Commodities:Gold
Date:11/16/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-11-2017: Velocity Minerals Ltd. announces an Exploration/Drilling Update report for its Rozino deposit at the Rozino project. Drilling results incl. 89.2m @ 1.42g/t Au from 86.5m. Vancouver, British Columbia Velocity Minerals Ltd. (TSXV: VLC)
Resources:x
CP/QP:[Overall Report]: Stuart A. Mills (Internal)
ABSTRACT:Vancouver, British Columbia Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received laboratory results for five additional diamond drill holes at the Company’s advanced Rozino gold project (“Rozino” or the “Project”) (Table 1). Highlights include drill hole RDD 015 which intersected 89.0m grading 1.32g/t gold (1.42g/t uncut*) including 58.0m grading 1.79g/t gold (1.94g/t uncut*). Positive results continue to expand the extent of near‐surface mineralization at Rozino with multiple broad intersections of high‐grade mineralization.

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