ancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Velocity Minerals Ltd. (TSXV: VLC) (OTCQB: VLCJF) ("Velocity" or the "Company") provides an update on the ongoing exploration program at the Zlatusha copper-gold project ("Zlatusha" or the "Project"), located in the prolific Tethyan Belt that has potential for epithermal, porphyry, and skarn deposit discoveries. Phase I drill testing is planned for Q2 2024, with an initial 3,000m of diamond drilling to test priority copper-gold target areas.

2023 Highlights and Project Background

Exploration completed in 2023 includes detailed mapping over priority targets, 1,800 soil samples, 660 rock samples, a 4,500-station ground radiometric survey, and a property-wide 2,400 line-km drone magnetic survey. The magnetic survey (Figure 1) has been key in identifying target areas for follow up with detailed mapping, and geochemistry.

The Company has compiled a technical presentation summarizing the Zlatusha exploration project, which can be downloaded here. This document provides an in-depth view of exploration progress at the Project, as well as details on methodologies and future plans, offering a clear overview for investors and stakeholders. see & read more on
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