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Canadian early stage explorer Velocity Minerals’ results from 40 drill holes at the Rozino gold deposit in south-eastern Bulgaria confirmed the presence of low-grade gold, which the company says can be extracted at relatively little cost.
The access road to the Rozino site, Bulgaria. Velocity hopes to build out a low-cost mining operation here as part of a 100,000oz operation in the country
Velocity hopes to complete a pre-feasibility study on Rozino by Q2 2020. The latest drilling highlights from the estimated 573,000oz deposit were:
Bulgaria-focused gold junior Velocity Minerals is making headway on its Rozino project.
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