Velocity Identifies Significant Soil Anomaly and Results of Initial Channel Sampling at Rudarka Project, Southeast Bulgaria

Provided By Globe Newswire

Last update: Dec 20, 2021

Channel sampling highlights include:
8.2m grading 1.31 g/t gold
6.8m grading 1.37 g/t gold

VANCOUVER, British Columbia, Dec. 20, 2021 (GLOBE NEWSWIRE) -- 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 sampling of outcrops, the results of which define new targets which are untested by drilling to date. The soil geochemistry did not highlight an area of mineralization previously defined by historical drilling but it highlighted an area to the northeast that is highly anomalous for gold-in-soil, as well as for a range of pathfinder elements (Figure 1).