Velocity Minerals Ltd

Velocity Minerals Ltd. is a development company, which engages in the exploration of gold. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2002-03-14. The firm is in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. In Bulgaria, the Company has a 70% interest in the Tintyava property, which includes the prefeasibility-stage Rozino deposit. The firm also has 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 70% interest in the Dangovo property (which is contiguous with the Makedontsi project). The firm holds a 100% interest in the Iglika copper-gold exploration property. The firm has also entered into agreements to acquire a 75% interest in the Zlatusha copper-gold exploration property. The Rozino project is situated within the in southeast Bulgaria's Ivaylovgrad municipality.