Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 14 additional drill holes from its Obichnik gold project (“Obichnik”), Bulgaria. Results include the first drill test of the Sivri Tepe target, located approximately 400m to the west of the established Durusu Tepe zone. The Sivri Tepe discovery highlights ... Velocity Announces Discovery of New Gold Zone and High-Grade Gold Drill Results from Obichnik Gold Project, Bulgaria
MINEX Forum | June 4, 2020
Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 14 additional drill holes from its Obichnik gold project (“Obichnik”), Bulgaria. Results include the first drill test of the Sivri Tepe target, located approximately 400m to the west of the established Durusu Tepe zone. The Sivri Tepe discovery highlights ... 
Dundee Precious Metals Inc. said that its Ada Tepe gold mine in Bulgaria has successfully completed ramp-up activities and has achieved full design throughput and recovery levels. “We are extremely excited to see the operation achieve and sustain design tonnages and recoveries in September as expected,” said Dundee President and CEO Rick Howes. “This is ... 
Velocity Minerals Ltd.announces that it has received drill results for an additional 27 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria. Drill results continue to expand the mineralized envelope and drilling continues with drill hole RDD-135 in progress. A third drill rig has been mobilized to site and the drill program is ... 
Dundee Precious Metals Inc. said that it has received the final operating permits for its Ada Tepe gold mine in Bulgaria. “Receipt of the operating permits and the official mine opening are important additional milestones for Dundee Precious Metals and Ada Tepe, which is expected to deliver significant growth for the company going forward,” said ... 
Cooper-gold exploration company, Raiden Resources, operates in Eastern Europe. Its tenements are located in Serbia & Bulgaria, which remains a low cost, mining friendly jurisdiction with relatively underexplored areas. The company has a market capitalisation of ~A$3.69 million, with approximately 410.43 million shares outstanding. On 20 August 2019, the company released a presentation titled ‘Growth ... 
Bulgaria’s government said on Wednesday that it has extended the term of a minerals mining concession for the Ovcharovo deposit held by local Vatia Holding by 15 years. The extension was requested by the company which considers that the deposit still holds significant resources, the government said following its weekly meeting. The 20-year concession contract ... 
Dundee Precious Metals has now officially transitioned its Krumovgrad project in southern Bulgaria to an operating mine with the confirmation of commercial production, and said it will now be known as Ada Tepe The major milestone was effective June 8th, when the project exceeded 60% of its design throughput capacity in a 30-consecutive-day period. First ... 
Bulgaria’s industrial output rose 0.8 percent on a monthly basis in March after a revised 3.9 percent increase a month earlier, seasonally adjusted data from the statistics office showed on Tuesday, said timesofindia.indiatimes.com. Year-on-year, output rose 5.9 percent in March compared with a revised 4.7 percent increase a month earlier. Processing industry production rose 2.6 ... 
Image: aiidatapro.net Dundee Precious Metals Inc. (TSX:DPM) announced that it has entered into a definitive agreement with respect to a C$43.7 million strategic equity investment in DPM by the European Bank for Reconstruction and Development (“EBRD”). The investment is to be effected by way of a private placement of 17,843,120 common shares of the Company to be ...