For thousands of other reports visit RSC's Mineral Intellingence Map
Velocity Minerals Ltd.
Summary
| Project: | Rozino | |
|---|---|---|
| Deposit: | Rozino | |
| Location: | Bulgaria | |
| Commodities: | Gold | |
| Date: | 9/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-9-2017: Velocity Minerals Ltd. announces an Exploration/Drilling Update report for its Rozino deposit at the Rozino project. Drilling results incl. 61.00m @ 1.47g/t Au from 43.8m. Vancouver, British Columbia – Velocity Minerals Ltd. (TSXV: VLC) (“Veloci | |
| 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 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 area in southeastern Bulgaria. Velocity’s exploration target is nearsurface, potentially open pittable epithermal gold mineralization. Drilling at Rozino is ongoing with nine drill holes completed to date (Figure 2) and mineralization remains open. “The cross section shows three drill holes, each with 70 to 95 meters of near-surface, near-continuous downhole mineralization at greater than 0.5g/t gold.” stated Keith Henderson, Velocity’s President & CEO. “This is the first time in Velocity’s drill program that we can look at multiple drill holes on a single cross section and the result is impressive.” | |
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