Velocity Minerals Ltd. (VMSP)

Overview

Velocity Minerals Ltd. is a forward-thinking gold exploration and development company with a primary focus on the Bulgarian mineral market. With its operational base situated in Vancouver, Canada, the company aims to leverage the mineral-rich terrain of Bulgaria, exploring and developing gold and copper deposits. Bulgaria's southeastern region, known for its promising geological features, serves as the cornerstone for Velocity Minerals' exploration projects. Through strategic acquisitions and a dedication to comprehensive geological evaluation, the company seeks to uncover and develop valuable mineral resources, contributing to the global gold supply while ensuring environmentally responsible practices.

Products and Services

• Rozino Gold Project (Tintyava Property)

Holding a 70% interest in the Tintyava property, Velocity Minerals has highlighted the Rozino gold project as a key asset. This project, nestled within the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria, focuses on the exploration and prospective development of gold deposits. The strategic positioning in a historically gold-rich region underscores the project's potential to significantly contribute to the company's growth and to the broader mining sector in Bulgaria.

• Obichnik Gold Project (Momchil Property)

Also within the southeastern part of Bulgaria, the Momchil property hosts the Obichnik gold project. With a 70% interest, Velocity Minerals is exploring this asset with the aim to uncover and develop its gold resources. Located within the municipality of Momchilgrad, the project benefits from an advantageous location known for its mineral deposits, offering a promising opportunity for gold extraction and eventual commercial production.

• Iglika Property

Velocity Minerals boasts a 100% ownership of the Iglika property, which spans an area of 105 square kilometers in southeast Bulgaria. This property signifies the company's commitment to extensive exploration and development efforts, aiming to explore potential gold and copper deposits. The full ownership allows Velocity Minerals to directly manage and advance the exploration processes, optimizing the potential for significant discoveries.

• Makedontsi Gold Project (Nadezhda Project)

Under the Nadezhda Project, the Makedontsi gold project represents another crucial component of Velocity Minerals' portfolio, with the company holding a 70% interest. This project aims at the exploration and potential development of gold deposits, contributing to the company's objective of becoming a leading player in the gold mining industry. Located in a region with a storied history of mining, the Makedontsi project holds promise for substantial gold discoveries and the furtherance of Bulgaria's mining heritage.