Keith Henderson
Turkish Conglomerate Acquires Canadian Gold Mining Projects in Bulgaria
Canadian company Velocity Minerals, which oversees various gold and copper mining projects in Bulgaria, including Rozino and Iglika, has announced the sale of its Bulgarian assets to the Turkish conglomerate Türkerler for 59 million US Dollars, "Club Z" reports. Among the projects under Velocity's control are "Momchil", "Dangovo", and "Nadezhda".
Velocity Completes PEA, Earns Large Stake in Bulgaria Project
Velocity Minerals (TSXV:VLC) has completed a positive preliminary economic assessment (PEA) for the Rozino open pit gold project, earning a 70-percent stake in the Bulgaria project, the company announced on Monday (September 17).
Velocity Announces Preliminary Economic Assessment for the Rozino Gold Project, Southeast Bulgaria
VANCOUVER, British Columbia, Sept. 17, 2018 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd.
Velocity Minerals Ltd. Receives Positive Metallurgical Results at Rozino Gold Project, Southeast Bulgaria
VANCOUVER, British Columbia, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd.