Velocity Minerals

03/01/2025

Velocity Minerals is pleased to announce that it has signed definitive agreements to sell all its Bulgarian assets to Türker Global Madencilik. We extend our appreciation to everyone at Türker Global Madencilik, the legal teams at Lotz and Company (Vancouver), Ergün Avukatlik Bürosu (Istanbul), Linklaters (Warsaw), and everyone involved in making this deal happen.

🔗 More details: https://velocityminerals.com/news/velocity-enters-into-definitive-agreement-to-sell-all-bulgarian-assets/



Photo Rear, left to right: Behzat Ersen Sahindur (Deputy General Manager, Türker Global Madencilik), Daniel Marinov (VP Operations, Director, Velocity Minerals), Jonathan Lotz (Lotz and Company), Melis Mert (Senior Lawyer, Türkerler Holding), Gökçe Öztürk (Chief Legal Counsel, Türkerler Holding), Lara Sezerler (Partner, Ergün Law Firm), Melis Kaim (Associate Ergün Law Firm), Sinan Burak Avci (Deputy General Manager, Türker Global Madencilik)

Photo Front, left to right: Ahmet Koyuncu (Deputy General Manager, Türker Global Madencilik), Keith Henderson (President, CEO, Director, Velocity Minerals), C. Hakan Aslan (General Manager & Board Member, Türker Global Madencilik)

11/29/2024

📢 Exciting Update from Velocity Minerals!

Velocity Minerals Ltd. has made significant progress in the sale of its Bulgarian assets, marking a key milestone in the company’s strategic focus. The transaction is on track, with regulatory approvals advancing, and closing is expected in Q1 2025. This development underscores Velocity's commitment to delivering value for its shareholders and focusing on its core growth opportunities.

Stay tuned for more updates!

Read the full news release here: https://velocityminerals.com/news/velocity-provides-transaction-update-on-sale-of-bulgarian-assets/

10/01/2024

🚨 Big News from Velocity Minerals! 🚨
Velocity has entered into a binding agreement to sell its Bulgarian assets, including the Rozino Gold Project, to Türkerler for USD $59 million. Turkerler is a diversified company based in Ankara with more than $6 billion invested in active projects, with a strong focus on renewable energy. They are well positioned to take Velocity’s projects to the next stages of development.
https://velocityminerals.com/news/velocity-agrees-to-sell-all-bulgarian-assets-for-usd-59.0-million/

07/15/2024

📈✨ Gold, silver, and copper had an outstanding first half of the year! 🚀 According to MINING.COM, these precious metals have seen significant gains driven by strong demand and market dynamics.

Read the full article to learn more about the factors contributing to this impressive performance and what it means for the future of the metals market.

Silver is up 33% year to date (July 8), gold is up 15.8%, and copper has gained 19.1%.

07/11/2024

🌍 Velocity Publishes 2023 ESG Report 🌍

We are excited to share the release of our fourth annual ESG Report, showcasing our steadfast dedication to environmental stewardship, local community engagement, and sustainable leadership. 🌱

📄 Report Highlights:

- Pioneering environmental initiatives
- Strengthening community relationships
- Promoting sustainable practices

🔍 Advisory Engagement Update:
We’ve extended and amended our advisory engagement with Leede Jones Gable Inc. The Advisor will continue to support us in exploring strategic alternatives to enhance shareholder value. 📊

Discover the full report on our website: https://zurl.co/uRQ2

06/14/2024

We’ve got big updates and exciting developments to share! 🌟

🔹 Exploring New Horizons!
We’re evaluating strategic options to boost shareholder value, including the potential sale of our Rozino gold deposit. This promising project is advancing through permitting and is highly responsive to gold prices. Our joint venture allows Rozino to be offered for sale on a 100% basis, giving us flexibility and opportunity.

🔹 Iglika Project Progress!
Dundee Precious Metals has invested $3.5M in exploring Iglika, with some impressive drill results:

71m @ 0.15% copper
3.3m @ 1.61 g/t gold
While DPM is stepping back, we’re gearing up for 15 new follow-up drill holes and seeking a new partner to dive deeper into this promising site.

Ready to see where this journey takes us? Stay tuned for more updates and join us as we navigate these exciting opportunities! 🌍🔍

📄 https://velocityminerals.com/news/velocity-provides-corporate-and-exploration-update-and-extends-advisory-engagement/

05/13/2024

🌟 Exciting News from Velocity Minerals! 🌟

We announces a major update to our partnership with Raiden Resources. Our revised agreement on the Zlatusha Project extends our exploration license, reinforcing our commitment to long-term value for our shareholders.

We’re also delighted to welcome Dani Palahanova as our new Chief Financial Officer. With over 15 years of experience, Dani is set to enhance our financial leadership and strategic planning.

Stay tuned for more updates as we continue to strengthen our operations and commitment to growth.

📄 Check out the full details on our website: https://zurl.co/0YTz

02/12/2024

🌟 Big News from Velocity Minerals! 🌟 We're thrilled to update you on our Zlatusha Copper-Gold Project in Bulgaria. With an exciting exploration program ahead, we're planning 3,000m of diamond drilling in Q2 2024 to uncover the treasures of the Tethyan Belt. Last year's exploration has brought us closer to understanding this area's vast potential. Stay with us for this exciting journey! 🛠️💎 https://zurl.co/Gbv6

11/23/2023

🔍🌐 Big strides for Velocity Minerals! Our Zlatusha Property in Bulgaria shows promising copper-gold potential. Drilling plans set for H1 2024! $VLCV $VLCJF

👉https://zurl.co/rKPb

11/23/2023

We're thrilled to announce positive exploration results at our Zlatusha Copper-Gold Property in Bulgaria! 🎉 With a series of successful surveys and promising targets, we're gearing up for drilling in early 2024. Stay with us for more updates on this exciting journey! $VLCV $VLCJF

https://zurl.co/rKPb

08/17/2023

📍 Location is everything! Kalabak Property is near Ada Tepe gold mine & our Rozino gold deposit. The potential for gold-silver & copper-gold deposits is HUGE. Stay tuned as we uncover the wealth beneath. 💰✨

08/09/2023

📣 Exciting News from Velocity Minerals! 🌍🔍

We're thrilled to announce our letter agreement with Zelenrok EOOD (a subsidiary of Raiden Resources Limited) that grants us the exclusive option to acquire a 75% interest in the Kalabak gold-copper property in southeastern Bulgaria. 🇧🇬💎

📌 Key Highlights:

Prime Location: The Kalabak property sits just 10km north of the famed Ada Tepe gold mine and 6km from our own Rozino deposit.
Untapped Potential: This under-explored gem is nestled within a gold-rich belt with significant opportunities for both epithermal gold-silver & porphyry copper-gold deposits.
Historical Exploration: Previous efforts have been limited, giving us the unique chance to unveil Kalabak's true potential.
🌐 Regional Insights:
Kalabak is positioned in an influential belt that extends across southeastern Bulgaria, Northern Greece, and western Turkey - a zone renowned for its gold and base metals. Its geology holds clues of magmatic mineralizing systems, potentially making it a rich source of copper-gold porphyry mineralization at depth.

🔜 What's Next?
Our comprehensive exploration strategy kicks off with geochemical screening in 2023, followed by targeted drilling in 2024.

Join us on this exciting journey as we unveil the treasures Kalabak has to offer! ✨

Stay tuned for updates and deep dives into our exploration progress!

$VLC