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Velocity Minerals Ltd. is a precious metal and copper explorer focused in Europe. The Company’s projects include Rozino Project and Obichnik Project (Bulgarian assets). The Company also has agreements to sell all of its Bulgarian assets, through a share purchase and option agreement with Turker Global Madencilik Sanayi Ve Ticaret A.S. It has an exploration license located in northern Greece (Miriofito). The Miriofito property falls within the Kilkis mineral district, which is part of the Greek segment of the Serbo-Macedonian metallogenic province host of copper-gold deposits. The 9.72 square kilometers (km2) property has the potential for multiple mineral deposit types including carbonate replacement, vein and copper porphyry.
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