Exploration

Velocity began drilling at Rozino in Q3 2017.  The first phase of 9 diamond drill holes (approximately 2,000m) is part of a larger drill program of up to 65 drill holes (approximately 12,000m), that is planned to be on-going through the remainder of 2017 and early 2018. 

A total of 142 historical drill holes have been drilled on the Project, either vertically or oriented to the northeast, parallel to the predominant structural trends seen in outcrop.  The last hole drilled on the project (2006) was completed following a structural review which identified a strong northwest control on mineralisation: 

Drill hole R‑245 was drilled perpendicular to the newly-interpreted northwest control on mineralization, and intersected 68m @ 3.15 g/t gold, including 11.39m @ 8.09 g/t gold.  Hole R-245 confirmed that mineralization exists between the drill fences and the potential for additional broad intersects of near surface, high grade mineralization located between the existing drill fences is considered to be good to excellent.  Velocity’s current drill program is testing this interpretation. 

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