Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Velocity Minerals Ltd. logo

Velocity Minerals Ltd.

VLC.VSmall CapGold

Price History

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About Velocity Minerals Ltd.

Velocity Minerals Ltd. (VLC.V) is a gold mining company listed on the TSX Venture Exchange (TSXV). Our project database tracks 1 project for Velocity Minerals Ltd. with technical and economic data extracted from company filings. Its flagship Rozino (Pre-Feasibility) carries an after-tax NPV of $123M and an IRR of 27.4% over a 7-year mine life.

Velocity Minerals is developing the Rozino gold project in Bulgaria, a European location with favorable mining regulations and a growing mineral exploration industry. The company has completed a preliminary economic assessment and is advancing engineering and permitting.

Primary Commodities

Gold

Project Economics

Rozino

Gold· Bulgaria· Development
Pre-Feasibility
Dec 2021
NPV (After-Tax) @ 5%$123M
IRR (After-Tax)27.4%
Initial Capex$87M
AISC755 USD/oz
Mine Life7 yrs
Annual Production59.4 koz Au
Head Grade1.22 g/t Au
Recovery79.3%
Mine TypeOpen-pit
Strip Ratio2.2
Ownership70%
Mineral Reserves
Probable: 11.8 Mt @ 1.22 g/t Au, 0.5 g/t COG, 465,000 oz Au
Mineral Resources
Indicated (base case at 0.3 g/t cut-off): 20.5 Mt @ 0.87 g/t Au, 573 koz Au. Inferred (base case at 0.3 g/t cut-off): 0.38 Mt @ 0.8 g/t Au, 10 koz Au.

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Frequently Asked Questions

What does Velocity Minerals Ltd. mine?
Velocity Minerals Ltd. is focused on Gold.
What is the economic value of Velocity Minerals Ltd.'s Rozino?
According to its Pre-Feasibility, Rozino has an after-tax NPV of $123M and an IRR of 27.4%.
What exchange is Velocity Minerals Ltd. listed on?
Velocity Minerals Ltd. trades under the ticker VLC.V on the TSX Venture Exchange (TSXV).

Quick Facts

Ticker Symbol
VLC.V
Market Cap
Small Cap
Category
Gold
Commodities
Gold

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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