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Velocity Minerals Ltd - VLCJF STOCK NEWS

Welcome to our dedicated news page for Velocity Minerals (Ticker: VLCJF), a resource for investors and traders seeking the latest updates and insights on Velocity Minerals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Velocity Minerals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Velocity Minerals Ltd. provides an update on the ongoing exploration program at the Zlatusha copper-gold project, highlighting the completion of detailed mapping, soil and rock sampling, ground radiometric survey, and drone magnetic survey. The Company plans Phase I drill testing in Q2 2024 to explore priority copper-gold target areas. The Zlatusha Property, located in a prolific Tethyan Belt, shows potential for significant discoveries. The Company aims to build on the successful 2023 exploration program with a 3,000m diamond core drilling program in 2024.
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Velocity Minerals Ltd. announces receipt of drill results from the Iglika copper-gold property in Bulgaria. The company intercepted significant copper and gold mineralization, including 4.0m at 0.47% copper and 71m at 0.15% copper, along with 7.8m grading 2.37 g/t gold. A second drill rig has been mobilized to the project, and the drill program is funded by Dundee Precious Metals Inc. Phase II drilling is planned to test 13 drill targets, with 1,735m drilled in Q4 2023. The remaining 5,000m is scheduled to be completed in Q1 2024.
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Velocity Minerals Ltd. (TSXV: VLC) terminates an agreement with Raiden Resources Limited subsidiary, Zelenrok EOOD, regarding the Kalabak project in Bulgaria. The company also issues 125,000 common shares to Leede Jones Gable Inc. and grants 3,455,000 common share stock options to directors, officers, employees, and consultants.
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Velocity Minerals Ltd. (TSXV: VLC) has closed a non-brokered private placement, raising $1,488,652.50 million for ongoing work at the Company's gold and copper exploration projects and general working capital.
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Velocity Minerals Ltd. (VLC) provides an update on its ongoing exploration program at the Zlatusha exploration license in Bulgaria. The company has confirmed the presence of magmatic-hydrothermal centers with copper-gold mineralization. The Zlatusha Property is located within a Tier One porphyry copper-gold and epithermal belt, similar to other major copper-gold deposits in Serbia and Bulgaria. The company is planning an initial drill program for H1 2024 with a focus on the discovery of copper-gold porphyry mineralization.
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Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) announces the restart of drilling at the Iglika copper-gold property in southeast Bulgaria, fully funded by Dundee Precious Metals Inc. The phase II drill program plans approximately 7,000m of drilling in 13 holes, with a focus on testing geochemical and geophysical targets to identify copper porphyry, copper skarn, and epithermal gold deposits.
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Velocity Minerals appoints Michelle Roth as an independent director. She will Chair Velocity's Audit Committee and serve on other committees. The company grants 300,000 stock options to Ms. Roth. The company also issues 125,000 common shares to Leede Jones Gable Inc.
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Velocity Minerals announces positive drilling results at Iglika copper-gold project in Bulgaria. Highlights include 2.5m grading 2.78% copper and 14.5m grading 0.89% copper. Phase II drilling expected to begin in October 2023. DPM committed to completing 10,000m of drilling by June 2024.
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Velocity Minerals Ltd

OTC:VLCJF

VLCJF Rankings

VLCJF Stock Data

15.76M
86.66M
49.12%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver