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Velocity Minerals Ltd. (V:VLC)

Business Focus: Gold Mining

Feb 12, 2024 08:45 am ET
Velocity Minerals Provides Update for the Zlatusha Copper-Gold Project, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on the ongoing exploration program at the Zlatusha copper-gold project ("Zlatusha" or the "Project"), located in the prolific Tethyan Belt that has potential for epithermal, porphyry, and skarn deposit discoveries. Phase I drill testing is planned for Q2 2024, with an initial 3,000m of diamond drilling to test priority copper-gold target areas.
Jan 23, 2024 08:30 am ET
Velocity Receives Positive Drill Results from Iglika Copper-Gold Project, Southeast Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces receipt of drill results from the Iglika copper-gold property ("Iglika" or the "Property"), located in southeast Bulgaria. Exploration is ongoing and a second drill rig has been mobilized to the Property. The drill program is fully funded by Dundee Precious Metals Inc. ("DPM").
Jan 10, 2024 08:45 am ET
Velocity Provides Notice of Termination to Raiden Resources Regarding the Kalabak Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2024) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has issued a 60-day Notice of Termination to Zelenrok EOOD (a wholly-owned subsidiary of Raiden Resources Limited (collectively with Zelenrok, "Raiden")), under a letter agreement dated August 8, 2023 between the Company and Raiden (the "Letter Agreement"). Pursuant to the Letter Agreement the Company was granted the right and option (the "Option") to acquire a 75% indirect interest in the Kalabak project, southeast Bulgaria. Surface geochemistry completed in Q3 and Q4 2023 did not return positive results and the property is of no further interest. The Option and Letter Agreement are terminated, effective January 9, 2024.
Dec 21, 2023 08:30 am ET
Velocity Closes $1.49 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") has closed its previously announced non-brokered private placement (the "Financing") by the issuance of 14,886,525 units of the Company (the "Units") priced at $0.10 per Unit for total gross proceeds of $1,488,652.50 million. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at a price of $0.18 per Share for a period of 24 months.
Dec 08, 2023 08:45 am ET
Velocity Announces $1.5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces a non-brokered private placement (the "Financing") of up to 15,000,000 units of the Company (the "Units") priced at $0.10 per Unit for total gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at a price of $0.18 per Share for a period of 24 months from the closing of the Financing.
Nov 22, 2023 08:30 am ET
Velocity Reports Positive Exploration Results at Zlatusha Copper-Gold Property, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on its ongoing exploration program at the Zlatusha exploration license ("Zlatusha" or the "Property"), located in Bulgaria. Velocity holds the Property under an option agreement, pursuant to which Velocity has an exclusive option to acquire up to a 75% interest in the Property (see previous news release January 24, 2023). Zlatusha is the Company's exploration focus and initial drilling is planned for H1 2024.
Nov 14, 2023 08:32 am ET
Velocity Announces Commencement of Phase II Drilling at Iglika Property, Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") announces that drilling has restarted at the Iglika copper-gold property ("Iglika" or the "Property"), located in southeast Bulgaria. The drill program is fully funded by Dundee Precious Metals Inc. ("DPM").
Oct 02, 2023 08:45 am ET
Velocity Announces Appointment of Michelle Roth as an Independent Director
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces the appointment of Michelle Roth to its Board of Directors (the "Board") as an independent director.
Sep 25, 2023 08:40 am ET
Velocity Provides Exploration and Drilling Update, Iglika Copper Gold Project, Bulgaria
Drilling highlights include: 2.5m grading 2.78 % copper, and 14.5m grading 0.89 % copper (incl. 3.0m grading 2.27 % copper)
Aug 09, 2023 08:25 am ET
Velocity Enters into Option Agreement to Acquire 75% Interest in the Kalabak Gold - Copper Property in Bulgaria
Underexplored property proximal to Ada Tepe gold mine and Rozino gold deposit
Jun 22, 2023 06:18 pm ET
Velocity Reports 2023 AGM Results
Publishes 2022 ESG Report
Jun 12, 2023 08:50 am ET
May 24, 2023 08:45 am ET
Velocity Closes $1.38 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") has closed its previously announced non-brokered private placement (the "Financing") by the issuance of 9,200,000 units of the Company (the "Units") priced at $0.15 per Unit for total gross proceeds of $1.38 million. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at a price of $0.25 per Share for a period of 18 months.
May 05, 2023 09:00 am ET
Velocity Initiates Strategic Review Process and Engages Advisor
Velocity Announces Up To $1.38 Million Non-Brokered Private Placement
Mar 29, 2023 08:25 am ET
Velocity Closes $1.5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") has closed its previously announced non-brokered private placement (the "Financing") by the issuance of 10,000,000 units of the Company (the "Units") priced at $0.15 per Unit for total gross proceeds of $1,500,000. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at a price of $0.25 per Share for a period of 18 months.
Mar 10, 2023 09:00 am ET
Velocity Announces $1.5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces a non-brokered private placement (the "Financing") of up to 10,000,000 units of the Company (the "Units") priced at $0.15 per Unit for total gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at a price of $0.25 per Share for a period of 18 months from the closing of the Financing.
Jan 24, 2023 07:30 am ET
Velocity Enters into Option Agreement to Acquire up to 75% Interest in the Zlatusha Copper-Gold Property in Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC, OTCQB: VLCJF) (“Velocity” or the “Company”) announces that it has entered into a binding letter agreement with Zelenrok EOOD (“Zelenrok”), a wholly-owned subsidiary of Raiden Resources Limited (collectively with...
Jan 17, 2023 08:30 am ET
Velocity Receives Approval for Work Program on its Dangovo Property, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received approval for its proposed 3-year work program at the Dangovo Prospecting License (“Dangovo”). The approvals received from the Ministry of Energy enable...
Dec 15, 2022 02:45 pm ET
Velocity Announces New Director
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces the appointment of Gerrie van der Westhuizen to its board of directors (the “Board”), as the nominee of Artemis Gold Inc. (“Artemis”) under the January 16, 2019 strategic...
Aug 16, 2022 09:00 am ET
Velocity to Commence Drill Testing of Priority Geophysical Targets at Iglika, southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) is pleased to provide an update on its portfolio of exploration projects in Bulgaria, including; Ongoing drilling at the Iglika copper-gold project.Planned drilling of priority...
Jun 27, 2022 11:33 am ET
Velocity Reports AGM Results
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) reports the results of its annual general meeting (the “Meeting”) of shareholders held on June 24, 2022 in Vancouver, British Columbia. All the motions presented to the shareholders...
Jun 07, 2022 07:00 pm ET
Velocity Minerals Ltd. Invites Shareholders and Investment Community to visit them at Booth 2543 at PDAC 2022 in Toronto, June 13-15
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2022) - Velocity Minerals Ltd. (TSXV: VLC) invites you to visit them at Booth #2543 at The Prospectors & Developers Association of Canada Convention (PDAC) at the Metro Toronto Convention Centre (MTCC) on Monday June 13 to Wednesday June 15, 2022.
May 31, 2022 09:00 am ET
Velocity Commences Drilling at Iglika Gold – Copper Project, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces the commencement of drilling at the Voden gold exploration target (“Voden”), located in the Iglika project, Bulgaria (“Iglika” or the “Project”). Surface exploration at...
Mar 24, 2022 02:57 pm ET
Velocity Announces New Director
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces the appointment of Chris Batalha to its board of directors (the “Board”), as the nominee of Artemis Gold Inc. under the January 16, 2019 strategic investment agreement...
Dec 20, 2021 09:00 am ET
Velocity Identifies Significant Soil Anomaly and Results of Initial Channel Sampling at Rudarka Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces positive results of exploration at the Rudarka project (the “Project”), southeast Bulgaria. Work completed in recent weeks includes soil geochemistry and initial channel...
Dec 17, 2021 06:03 pm ET
Velocity Files Revised Technical Report on SEDAR for Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) reports that it has filed a revised National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report for the Rozino gold project, located in...
Dec 08, 2021 04:59 pm ET
Velocity Files Updated Technical Report at Obichnik Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) reports that it has filed an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report for the Durusu deposit at the Obichnik gold...
Nov 16, 2021 09:00 am ET
Velocity Exercises Option to Acquire 70% Interest at the Makedontsi Project, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has delivered notice of option exercise (the “Exercise Notice”) to Gorubso-Kardzhali AD (“Gorubso”) for the Nadezhda property (the “Property”), which includes the...
Sep 22, 2021 09:00 am ET
Velocity Reports Drill Results at Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) provides an update on positive drill results from its flagship Rozino gold project located in southeastern Bulgaria (“Rozino”, or the “Project”). Results from 30 new drill holes...
Jul 20, 2021 09:00 am ET
Velocity Reports Additional Drill Results, Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) provides an update on positive drill results from the Rozino gold project located in southeastern Bulgaria (“Rozino”, or the “Project”). Drilling at Rozino continues to discover...
Jun 23, 2021 09:00 am ET
Velocity Exercises Option to Acquire 70% Interest at the Obichnik Gold Project, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has delivered notice of option exercise (the “Exercise Notice”) to Gorubso-Kardzhali AD (“Gorubso”) for the Momchil property (the “Property”), which includes the...
Jun 07, 2021 07:00 am ET
Velocity Reports Extensions to New Mineralization at Rozino Project, Southeast Bulgaria
Drill highlights at Rozino include: Drill hole RDD-224; 25.2m grading 0.96 g/t gold, including 8.3m grading 2.29 g/t gold
May 12, 2021 07:00 am ET
Apr 28, 2021 01:57 pm ET
Apr 27, 2021 09:00 am ET
Velocity Provides an Update on the Tintyava License and Rozino Exploration Drilling, Southeast Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Velocity Minerals Ltd. (TSXV:  VLC) ("Velocity" or the "Company") provides an update on the Tintyava prospecting and exploration license permit no. 467, issued on February 28, 2017 (the "Tintyava License") and exploration drilling at the Rozino Project ("Rozino") and Kazak East ("Kazak"), 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 Kardzhali AD ("Gorubso") in Tintyava Exploration AD ("Tintyava Exploration"), which is the holder of the Tintyava License.
Apr 13, 2021 07:00 am ET
Velocity Samples up to 56 g/t Gold at the Iglika Gold-Copper Project, Southeast Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") provides an update on positive exploration results from its 100%-owned Iglika gold-copper project ("Iglika" or the "Project"), located in southeastern Bulgaria.
Mar 26, 2021 08:00 am ET
Velocity Receives Notice of Early Conversion of $5,094,000 Convertible Debenture from Artemis Gold
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has received a notice of early conversion from Artemis Gold Inc. ("Artemis") with respect to an 8.5% secured convertible debenture in the principal amount of $5,094,000 (the "Convertible Debenture") issued to Artemis in March 2019. The Convertible Debenture was issued in connection with a $9,000,000 strategic investment (the "Strategic Investment") by Artemis into the Company (see news release dated March 14, 2019).
Mar 16, 2021 07:00 am ET
Velocity Reports Initial Mineral Resource Estimate at Obichnik Gold Project, Southeast Bulgaria
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2021) -  Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that as part of its Obichnik joint venture earn-in agreement it has received an initial Inferred Mineral Resource estimate for the Durusu Zone on its Obichnik gold Project ("Obichnik" or the "Project"), southeast Bulgaria (Table 1). Highlights include:
Feb 25, 2021 07:00 am ET
Velocity Exercises Option for 100% Ownership of Iglika Project
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) -  Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has accelerated the exercise of its option to acquire the Iglika copper-gold project ("Iglika" or the "Project"), located in southeastern Bulgaria. The Company has now acquired a 100% interest in the Project and the associated exploration license. The Project is located in the westernmost portion of the prolific Tethyan belt that transects Bulgaria and hosts a number of epithermal gold and porphyry copper-gold mineral deposits and operating mines.
Feb 09, 2021 07:00 am ET
Velocity Announces Positive Drill Results from Gold Projects, Southeast Bulgaria
Highlights include: Drill hole ODD-074; 17.0m grading 2.55 g/t gold incl. 7.0m grading 4.2 g/t gold Drill hole ODD-071; 1.8m grading 33.08 g/t gold and 16.63 g/t silver
Feb 03, 2021 07:00 am ET
Velocity Announces 2021 Gold Exploration Program
Plans up to 50,000 metres of drilling
Nov 24, 2020 03:12 pm ET
Velocity Announces Closing of $8.9 Million Strategic Investment and Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2020) - Velocity Minerals Ltd. (TSXV: VLC) ("Velocity" or the "Company") announces that it has closed a 9.99% strategic investment with Dundee Precious Metals Inc. ("DPM") whereby the Company has issued and sold 13,394,000 common shares to DPM for an aggregate purchase price of $6,697,000 (the "Strategic Investment") on a private placement basis.
Nov 16, 2020 07:31 am ET
Dundee Precious Metals Announces Investment in Velocity Minerals Ltd.
Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that it has entered into an investment agreement (the “Agreement”) with Velocity Minerals Ltd. (TSXV: VLC) (“Velocity”) to invest up to C$7 million in Velocity on a...
Nov 16, 2020 06:00 am ET
Velocity Announces Strategic Investment by Dundee Precious Metals
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Nov 03, 2020 07:00 am ET
Velocity Discovers New High-Grade Gold Zone at Obichnik Gold Project, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces receipt of results for additional drill holes at the Obichnik gold project (“Obichnik”) in Bulgaria. Results have been received for 16 drill holes, including two drill...
Oct 15, 2020 01:41 pm ET
Velocity Files Prefeasibility Technical Report on SEDAR for the Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces it has filed on SEDAR an independent Prefeasibility Study (“PFS”) Technical Report (the “Report”) for its Rozino gold project (“Rozino” or the “Project”) located in...
Sep 17, 2020 07:00 am ET
Velocity Receives Positive Initial Drill Results from the Kazak Target, Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces receipt of results for initial drill holes from the Kazak discovery (“Kazak”), Bulgaria.  Kazak is located approximately 2 km south of the Rozino deposit (“Rozino”), for...
Aug 31, 2020 03:27 pm ET
Velocity Announces Positive Pre-Feasibility Study Results for the Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces the results of an independent Prefeasibility Study (“PFS”) on its Rozino gold project (“Rozino” or the “Project”) located in southeast Bulgaria.  The PFS establishes the...
Aug 11, 2020 07:00 am ET
Velocity Receives Positive Drill Results from Obichnik Discovery, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces receipt of results for additional drill holes at the Obichnik gold project (“Obichnik”) and the Rozino gold deposit (“Rozino”). Velocity previously disclosed initial drill...
Jul 21, 2020 07:00 am ET
Velocity Receives Positive Drill Results from Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces results from 13 drill holes at the Rozino gold deposit (Table 1) and the Rozino South target (Table 2).  Mineralization is open at both areas and drilling is ongoing. At...
Jul 08, 2020 09:00 am ET
Velocity Options Iglika Gold-Copper Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has executed a letter agreement with Balkan Mineral Development OOD (the “BMD”) for an exclusive option (the “Option”) to acquire a 100% interest in the 105 km2...
Jun 25, 2020 07:00 am ET
Velocity Reports AGM Results and Election of New Director
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) reports the results of its annual general and special meeting of shareholders held on June 24, 2020 in Vancouver, British Columbia.  All the motions presented to the shareholders...
Jun 10, 2020 07:00 am ET
Velocity Discovers High-Grade Outcropping Gold Mineralization at Kazak Target, Rozino Project - Assays up to 17.8 g/t Gold
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has discovered new outcropping gold mineralization at the Kazak target area (“Kazak”) and received additional positive drill results from  the Rozino South Zone...
Jun 02, 2020 07:00 am ET
Velocity Announces Discovery of New Gold Zone and High-Grade Gold Drill Results from Obichnik Gold Project, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 14 additional drill holes from its Obichnik gold project (“Obichnik”), Bulgaria.  Results include the first drill test of the Sivri Tepe...
May 26, 2020 07:00 am ET
Velocity Discovers New Zone of High-Grade Gold at the Rozino South Target, Grading up to 5.23 g/t Gold
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from its ongoing discovery exploration program at the Rozino Project (“Rozino”), Bulgaria.  Highlights: Expands currently defined...
May 19, 2020 07:00 am ET
Velocity Announces Positive Drill Results from the Sedefche Gold Project, Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 26 additional drill holes for the near-surface Sedefche gold project (“Sedefche”), Bulgaria.  Highlights include: Significant...
Apr 20, 2020 07:00 am ET
Velocity Announces Multiple Positive Drill Results from the Sedefche Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 33 additional drill holes for the Sedefche gold project (“Sedefche”), Bulgaria.  This large batch of drill results continues to broadly...
Apr 07, 2020 07:00 am ET
Velocity Provides Update on its 2020 Gold Exploration Programs in Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) provides an update on the Company’s 2020 exploration programs and plans in southeastern Bulgaria in the context of the global COVID-19 crisis. The Company continues to move forward...
Mar 02, 2020 07:00 am ET
Velocity Announces Positive Drill Results from the Sedefche Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results for four additional drill holes for the Sedefche Gold Project (“Sedefche”), Bulgaria.  Velocity’s results continue to broadly confirm the...
Feb 24, 2020 09:00 am ET
Velocity Announces Additional Extension to Gold Mineralization at Durusu Tepe, Obichnik Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received additional positive drill results for the Durusu Tepe target (“Durusu”) at the Obichnik gold project (“Obichnik”), Bulgaria (Table 1, Figures 1 and 2)....
Feb 19, 2020 09:00 am ET
Velocity Appoints Steven Dean as Director
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that Steven Dean has been appointed to the board of directors, effective immediately.  “On behalf of Velocity, I would like to welcome Steven Dean to the board. We look...
Feb 12, 2020 05:00 pm ET
Velocity Closes Non-Brokered Private Placement For Gross Proceeds of $5.78 Million
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces the closing of its previously announced non-brokered private placement (the “Financing”) (see news releases dated January 23, 2020 and February 4, 2020). The Financing...
Feb 04, 2020 05:18 pm ET
Velocity Increases Previously Announced Non-Brokered Private Placement to $5.8 Million
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that the previously announced (see news release dated January 23, 2020) non-brokered private placement (the "Financing") will be increased from $3,000,000 to up to...
Jan 23, 2020 09:00 am ET
Velocity Announces $3 Million Non-Brokered Private Placement
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces a non-brokered private placement (the "Financing") of up to 7,500,000 units of the Company (the "Units") priced at $0.40 per Unit for total gross proceeds of up to...
Jan 09, 2020 09:00 am ET
Velocity Announces Initial Drill Results from the Sedefche Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received initial drill results for the Sedefche Gold Project (“Sedefche”), Bulgaria (Table 1, Figures 1 to 4).  The Company’s initial verification drilling at...
Dec 12, 2019 09:00 am ET
Velocity Announces Extension to Gold Mineralization at Durusu, Obichnik Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for the Durusu, Mryanka and Adren targets at the Obichnik Gold Project (“Obichnik”), Bulgaria (Tables 1 & 2, Figures 1 - 4).  The...
Dec 05, 2019 09:00 am ET
Velocity Drill Testing High Priority Geochemical Target at Rozino Gold Deposit, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received results from a soil geochemistry survey at the South Zone target, approximately 1km south of Main Zone at the Rozino gold deposit (“Rozino”), southeast...
Nov 19, 2019 07:00 am ET
Velocity Announces Additional Positive Drill Results at Rozino Gold Deposit, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for an additional 40 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria (Table 1).  Highlights of...
Oct 07, 2019 07:00 am ET
Velocity Enters into Option to Acquire 70% Interest in the Sedefche Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC, OTCQB: VLCJF, Frankfurt: VMSP) (“Velocity” or the “Company”) announces that it has entered into a definitive option agreement (the “Option Agreement”) with Bulgarian partner, Gorubso-Kardzhali A.D. (“Gorubso”),...
Sep 09, 2019 07:00 am ET
Velocity Announces Positive Drill Results at Rozino, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for an additional 15 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria (Table 1).  Drill results continue to...
Sep 03, 2019 07:00 am ET
Velocity Expands Obichnik Gold Deposit, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC, OTCQB: VLCJF, Frankfurt: VMSP) (“Velocity” or the “Company”) announces that it has received additional drill results from one of four high priority targets, Durusu Tepe (Target 1), at the Obichnik gold project...
Aug 06, 2019 07:00 am ET
Velocity Announces Positive Gold Resource Expansion Drill Results at Rozino
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for an additional 27 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria (Table 1, Figure 1).  Drill results...
Jul 15, 2019 07:00 am ET
Velocity Announces Positive Drill Results from the Obichnik Gold Project, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received initial drill results for Target 1 (Durusu Tepe) at the Obichnik gold project (“Obichnik”), Bulgaria (Table 1, Figures 1). In addition, outcrop...
Jun 26, 2019 07:00 am ET
Velocity Receives Highly Anomalous Geophysical and Geochemical Results at the Obichnik Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received positive results for recently completed geochemical soil sampling and ground magnetic surveys at the Obichnik gold project (“Obichnik” or the...
Jun 18, 2019 07:00 am ET
Velocity Announces Drill Results from the Rozino Gold Project, southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for an additional 12 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria (Table 1, Figure 1).  Drilling of the...
Jun 10, 2019 07:00 am ET
Velocity Enters into Option Agreement for the Obichnik Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has entered into an option agreement (the “Agreement”) with Bulgarian partner, Gorubso Kardzhali A.D., (“Gorubso”) to acquire a 70% interest in the 388-hectare...
May 28, 2019 07:00 am ET
Velocity Enters into Option Agreement for the Makedontsi Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has entered into an option agreement (the “Agreement”) with Bulgarian partner, Gorubso Kardzhali A.D., (“Gorubso”) to acquire a 70% interest in the 194-hectare...
May 13, 2019 07:00 am ET
 Velocity Announces Drill Results from Rozino Gold Project, southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received drill results for the initial 11 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria (Table 1, Figure 1).  Results are...
May 09, 2019 07:00 am ET
Velocity Receives Conditional Approval for Graduation to Tier 1, TSX Venture Exchange
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received conditional approval to graduate from Tier 2 to Tier 1 (the “Tier Move”) on the TSX Venture Exchange (the “Exchange”). Application to Graduate to Tier...
May 01, 2019 07:00 am ET
Velocity Receives $745,773 Through Warrant Exercise
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received proceeds of $745,773 from the exercise of 2,485,912 common share purchase warrants (each, a “Warrant”) at an exercise price of $0.30 per Warrant. “The...
Mar 28, 2019 07:00 am ET
Velocity Commences 2019 Drill Program at Rozino Gold Deposit, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that drilling and exploration activities at the Rozino gold deposit (“Rozino”), southeast Bulgaria, have resumed and are ongoing as planned (previous news release March 1,...
Mar 14, 2019 06:23 pm ET
Velocity Announces Closing of C$9M Strategic Investment by Atlantic Gold
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) is pleased to announce that it has closed a C$9.0 million strategic investment (the “Strategic Investment”) with Atlantic Gold Corporation (TSXV: AGB) (“Atlantic Gold”) and its...
Mar 01, 2019 09:00 am ET
Velocity Enters into Shareholder’s Agreement and Completes Acquisition of Shares Relating to Tintyava Property Joint Venture, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that, through its wholly-owned subsidiary Kibela Minerals AD, it has entered into a shareholder’s agreement (the “Agreement”) with Gorubso-Kardzhali AD (“Gorubso”).  The...
Feb 13, 2019 09:00 am ET
Velocity Receives Additional Positive Drill Results, Further Expanding the Mineralized Envelope at Rozino Gold Deposit, Bulgaria
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...
Jan 17, 2019 07:00 am ET
Velocity Announces C$9M Strategic Investment by Atlantic Gold
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) is pleased to announce that it has entered into an investment agreement, dated January 16, 2019 (the “Agreement”) with mid-tier producer Atlantic Gold Corporation (TSXV: AGB)...
Jan 17, 2019 06:00 am ET
Jan 08, 2019 09:00 am ET
Velocity Receives Positive Near-Surface Drill Results and Expands Mineralized Envelope at Rozino, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received positive drill results from the Rozino gold project (“Rozino”), located in Bulgaria.  Highlights include 29.7m from surface grading 1.17g/t gold....
Dec 10, 2018 09:00 am ET
Velocity Soil Sampling Identifies Three New Targets for Ongoing Resource Expansion Drilling at Rozino Gold Project, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received positive results from detailed soil sampling undertaken at the Rozino gold project (“Rozino”), located in Bulgaria.   “Soil sampling results have...
Dec 03, 2018 09:00 am ET
Velocity Begins Drilling at Rozino Project, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has initiated additional diamond drilling at the Rozino gold project (“Rozino”), located in Bulgaria.  Mineralization at Rozino is open for expansion and the...
Nov 20, 2018 09:00 am ET
Velocity Announces Positive Trench Results and Extension to Mineralization at Rozino Project, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received positive results from trench sampling, extending known near surface mineralization at the Rozino gold project (“Rozino” or the “Project”), located in...
Nov 05, 2018 09:00 am ET
Velocity Exercises Option to Acquire 70% Interest at the Rozino Gold Project, Tintyava Property, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has delivered notice of option exercise (the “Option Notice”) to Gorubso-Kardzhali AD (“Gorubso”) for the Tintyava Property (the “Property”), which includes the...
Oct 29, 2018 02:38 pm ET
Velocity Files PEA Technical Report on SEDAR for the Rozino Gold Project, Tintyava Property, Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has filed on SEDAR an independent Preliminary Economic Assessment (“PEA”) Technical Report (the “Report”) for its Rozino gold project (“Rozino” or the “Project”),...
Oct 12, 2018 08:42 pm ET
Velocity Closes Non-Brokered Private Placement For Gross Proceeds of $1 Million
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces the closing of its non-brokered private placement announced on October 2, 2018 (the “Financing”). The Financing raised aggregate gross proceeds of $1,005,064 through the...
Oct 02, 2018 09:00 am ET
Velocity Announces $1.0M Non-Brokered Private Placement
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces a non-brokered private placement (the "Financing") of up to 6,666,667 units (the "Units") priced at $0.15 per Unit to raise total gross proceeds of up to $1.0 million.  Each...
Sep 17, 2018 09:00 am ET
Velocity Announces Preliminary Economic Assessment for the Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces the results of an independent Preliminary Economic Assessment (“PEA”) on its Rozino gold project (“Rozino” or the “Project”) located in southeast Bulgaria.  The PEA provides...
Sep 13, 2018 09:00 am ET
Velocity Intersects High Grade Gold Mineralization at Chala Gold Mine, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received initial positive drill assay results from underground exploration drilling at the operating Chala Gold Mine (“Chala”).  Priority drill target Zone 8A...
Aug 29, 2018 09:00 am ET
Velocity Receives Positive Metallurgical Results at Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) announces that it has received positive results from comminution, flotation gravity recovery, and leach test work on a bulk sample representative of the entire Rozino gold project...
Jul 12, 2018 09:00 am ET
Velocity Issues Shares for Services
Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that the previously announced shares for services arrangement (the “Arrangement”) with GEOPS – Bolkan Drilling Services Ltd. (the "Contractor") for underground drilling at...
Jun 27, 2018 09:00 am ET
Velocity Commences Underground Drilling at Chala Gold Mine, Southeast Bulgaria
Velocity Minerals Ltd. (TSX-V:VLC) (“Velocity” or the “Company”) announces that it has initiated underground drilling at the operating Chala Gold Mine (“Chala” or the “Chala Mine”).  A total of 45 diamond drill holes have been planned for more than...
Jun 05, 2018 09:00 am ET
Velocity Initiates Preliminary Economic Assessment for Rozino gold project, Southeast Bulgaria
Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has retained CSA Global Canada Geoscience Ltd. (“CSA Global”) to complete a Preliminary Economic Assessment (“PEA”) and NI 43-101 Technical Report (the “Report”) for...
May 03, 2018 10:51 am ET
Velocity Closes First Tranche of Private Placement for Gross Proceeds of $1.3 million
Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces the closing of the first tranche of its non-brokered private placement announced on March 22, 2018 (the “Financing”).   The first tranche of the Financing raised aggregate...
Apr 05, 2018 01:40 pm ET
Mar 28, 2018 09:15 am ET
Mar 22, 2018 09:15 am ET
Velocity Announces $3.5M Non-Brokered Private Placement
 Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.
Mar 21, 2018 09:15 am ET
Mar 05, 2018 10:03 am ET
Velocity Reports Maiden Resource at Rozino Gold Project, Southeast Bulgaria
Inferred Resource at 0.5g/t gold cut-off grade17Mt @ 1.15g/t gold for 629,000 ounces
Mar 01, 2018 09:15 am ET
Velocity Solidifies East Zone Discovery at Rozino Gold Project, Southeast Bulgaria
Highlights include; 30.8m grading 1.55g/t goldand 66.5m grading 1.32g/t gold(incl. 7.0m grading 4.88g/t gold)
Feb 22, 2018 09:15 am ET
Velocity Enters Exploration and Mining Alliance with Bulgarian Partner, Gorubso Kardzhali A.D.
Secures Access to Central CIL Gold Processing Plantfor all Future Projects within 10,000km2 Alliance Area
Feb 16, 2018 09:15 am ET
Velocity Reports AGM Results
VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) reports the results of its annual general meeting of shareholders held on February 15, 2018 in Vancouver, British Columbia.  All the...
Feb 05, 2018 09:15 am ET
Jan 11, 2018 09:15 am ET
Velocity Announces Expansion of East Zone Discovery at Rozino Gold Project, Southeast Bulgaria
Drill Hole RDD-040; 144.7m @ 1.52g/t gold including 24.0m @ 4.05 g/t gold Mineralization Remains Open for Expansion
Dec 07, 2017 09:15 am ET
Velocity Announces Additional Positive Drill Results at Rozino Gold Project, Southeast Bulgaria
Drill Hole RDD-022; 17m @ 0.92g/t gold & 27m @ 1.72g/t goldDrill Hole RDD-023; 38.0m @ 0.92g/t gold & 19.0m @ 0.89g/t gold
Nov 16, 2017 09:15 am ET
Velocity Announces Additional Positive Drill Results at Rozino Gold Project, Southeast Bulgaria
Drill Hole RDD-015; 89.0m grading 1.32g/t gold (incl. 58.0m grading 1.79g/t gold)Drill Hole RDD-016; 43.0m grading 1.04g/t gold (incl. 34.0m grading 1.27g/t gold)
Nov 14, 2017 09:15 am ET
Velocity Expands North Zone Success With Positive Trench Results
Highlights include 5.0m @ 3.31g/t gold and 15.0m @ 1.34g/t gold
Oct 02, 2017 08:00 am ET
Velocity intersects broad intervals of gold mineralization at its advanced Rozino Gold Project, Southeast Bulgaria
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 southeastern Bulgaria (Table 1).  All three boreholes intersected broad zones of gold mineralization which demonstrate excellent continuity and further support the potential for a near-surface, bulk tonnage, open pit development proj...
Sep 07, 2017 08:00 am ET
Velocity Announces $1.5M Non-Brokered Private Placement
Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States....
Sep 05, 2017 08:00 am ET
Velocity Drilling Intersects 84 meters @ 0.99 g/t gold and 61 meters @ 1.47 g/t gold at the advanced Rozino Gold Project, Southeast Bulgaria
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 area in southeastern Bulgaria.  Velocity’s exploration target is near-surface, potentially open pittable epithermal gold mineralization.  Drilling at Rozino is ongoing with nine drill holes completed to date (Figure 2) and mineral...
Aug 24, 2017 09:00 am ET
Streetwise Reports Examines How A Gold Stock Soars 74% on Release of Drill Results
With the release of drill results from this Bulgarian explorer, a pair of analysts expected the market would take notice. They were right.Company included in article: Velocity Minerals Ltd.Resource Maven Gwen Preston announced over the weekend she'd...
Aug 21, 2017 09:00 am ET
Streetwise Reports Asks Is The Next Gold Mine in Bulgaria?
While Bulgaria may not be the first country investors equate with gold mining, executives at one TSX Venture Exchange-listed company are sitting on pins and needles waiting for the drill results that could prove their high-grade thesis.Company...
Jun 01, 2017 07:54 pm ET
Velocity Minerals Ltd.: Update on Acquisition of Mineral Property Interests in Bulgaria
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
Mar 17, 2017 05:11 pm ET
IIROC Trading Resumption - VLC.H
VANCOUVER, March 17, 2017 /CNW/ - Trading resumes in:
Feb 06, 2017 09:32 am ET
IIROC Trading Halt - VLC.H
VANCOUVER, Feb. 6, 2017 /CNW/ - The following issues have been halted by IIROC: