For thousands of other reports visit RSC's Mineral Intellingence Map
Velocity Minerals Ltd.
Summary
| Project: | Rozino | |
|---|---|---|
| Deposit: | Rozino | |
| Location: | Bulgaria | |
| Commodities: | Gold | |
| Date: | 2/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2019: Velocity Minerals Ltd. announces an Exploration/Drilling Update report for its Rozino deposit at the Rozino project. Drilling results incl. 24.4m @ 0.85g/t Au from 0.4m. Vancouver, British Columbia – Velocity Minerals Ltd. (TSXV: VLC) (“Velocit | |
| Resources: | (not mentioned in this report) | |
| 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 additional positive drill results from the Rozino gold project (“Rozino”), located in Bulgaria. Highlights include 24.4m from surface @ 0.85g/t gold and 31.8m @ 0.58g/t gold, including 8.0m @ 1.04g/t gold. Mineralization remains open for expansion. “The addition of near-surface gold mineralization outside of the PEA base case pit limit was a primary objective of the current drill program,” stated Keith Henderson, Velocity’s President & CEO. “We have been successful in demonstrating that the Rozino deposit is not fully defined by the PEA results and that there is potentially more to be added in terms of additional mineralization.” Mr. Henderson continued, “In total we plan to complete more than 12,000 metres of drilling at Rozino this year. This will include bo | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report