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Velocity Minerals Files Revised Technical Report on SEDAR for Rozino Gold Project, Southeast Bulgaria
VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) reports that it has filed a revi
About this update from Velocity Minerals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) -- 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 southeast Bulgaria. The NI 43-101 technical report is entitled “Revised NI 43-101 Technical Report Pre-Feasibility Study for the Rozino Gold Project, Bulgaria” (the “Technical Report”) and is dated December 15, 2021 and dated effective September 28, 2020. The Technical Report was prepared pursuant to NI 43-101 by CSA Global, an international mining consultancy with experience in Bulgaria. The Technical Report is available on the Company’s SEDAR profile at www.sedar.com and is available on the Company’s website at www.velocityminerals.com. About Velocity Minerals Ltd. Velocity is an exploration and development company focused on southeastern Bulgaria. Velocity’s strategy is to develop a low cost centralized “Hub and Spoke” operation whereby multiple projects within this emerging district produce concentrates for trucking to a central processing plant for production of doré. Velocity has a 70% interest in the Tintyava property, which includes the Rozino project, a 70% interest in the Momchil property, which includes the Obichnik project, a 70% interest in the Nadezhda property, which includes the Makedontsi project, and a 100% interest in the Iglika property. Velocity’s management and board includes mining industry professionals with combined experience spanning Europe, Asia, and the Americas as employees of major mining companies as well as founders and senior executives of junior to mid-tier public companies. The team's experience includes all aspects of mineral exploration, resource definition, feasibility, finance, mine construction and mine operation as well as a track record in managing publicly listed companies. On Behalf of the Board of Directors \"Keith Henderson\"President & CEO For further information, please contact: Keith HendersonPhone: +1-604-484-1233Web: www.velocityminerals.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY STATEMEN...