
| News Releases
| | June 03, 2010 VELOCITY MINERALS LTD. -- Announces Regulatory Filing Acceptance of Option of Potential Banded Iron Gold Prospect.
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| | Velocity Minerals Ltd. is pleased to announce that the TSX has accepted for filing notice of the previously announced (April 13, 2010 news release) option to acquire a potential banded iron gold prospect (approx. 8,803.91 hectares) in the historic Osoyoos Mining Division in south central B.C. The Company has issued the initial tranche of shares (50,000) and made the initial payment ($10000) pursuant to the option. In addition, Company personnel have started work on the property.
Velocity Minerals Ltd. is a public company dedicated to the acquisition, exploration and development of molybdenum and other mineral resources. In addition to the Company's two Cassiar, B. C. area properties, several other opportunities in the mining industry in North America and elsewhere are actively being pursued.
On behalf of the Board of Directors,
Kenneth R. Holmes, Chairman.
The TSX has neither approved nor disapproved of the information contained herein.
Contact: Jeremy Yaseniuk
Investor Relations
Velocity Minerals Ltd.
Telephone: (604) 689-7411
Toll Free: (866) 920-0567
info@velocityminerals.com |
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| | You can view the Next News Releases item: Tue Jul 6, 2010, Velocity Minerals Ltd. Announces Commencement Of Drilling On Cassiar Moly Property
You can view the Previous News Releases item: Fri May 14, 2010, VELOCITY MINERALS LTD. -- Update of Activities at Cassiar Moly.
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