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Velocity Reports Additional Drill Results, Rozino Gold Project, Southeast Bulgaria

Velocity Reports Additional Drill Results, Rozino Gold Project, Southeast Bulgaria
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Velocity Exercises Option to Acquire 70% Interest at the

Velocity Exercises Option to Acquire 70% Interest at the
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Velocity Reports Large Gold in Soil Anomalies Adjacent to the Rozino Deposit, Southeast Bulgaria

Velocity or the Rozino or the Project ) in the area immediately surrounding the deposit. Three large gold in soil anomalies have been defined ( Figure 1) and field verification of the anomalies has identified widespread epithermal vein material in outcrop and float ( Plate 1). Analysis of outcrop and float rock chip samples within the three soil anomalies confirms the presence of gold mineralization, grading up to 28.2 g/t gold in outcrop. From a total of 18 rock samples collected within the soil anomalies, all samples returned gold mineralization with an average grade of 2.76 g/t gold. The soil and rock anomalies represent immediate drill targets and drilling has been initiated with additional rigs being mobilized to the area.

Velocity Minerals Ltd : Velocity Reports Large Gold in Soil Anomalies Adjacent to the Rozino Deposit, Southeast Bulgaria

Velocity Minerals Ltd.: Velocity Reports Large Gold in Soil Anomalies Adjacent to the Rozino Deposit, Southeast Bulgaria Vancouver, British Columbia (Newsfile Corp. - May 12, 2021) - Velocity Minerals Ltd. (TSXV: VLC) ( Velocity or the Rozino or the Project ) in the area immediately surrounding the deposit. Three large gold in soil anomalies have been defined ( Figure 1) and field verification of the anomalies has identified widespread epithermal vein material in outcrop and float ( Plate 1). Analysis of outcrop and float rock chip samples within the three soil anomalies confirms the presence of gold mineralization, grading up to 28.2 g/t gold in outcrop. From a total of 18 rock samples collected within the soil anomalies, all samples returned gold mineralization with an average grade of 2.76 g/t gold.

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