Analysis of outcrop and float rock chip samples within the three soil anomalies confirms the presence of gold mineralization, grading up to 28.2 g/t gold in outcrop.
Ten rock chip samples from anomaly A1 were submitted for analysis with all samples returning gold mineralization ranging from 0.1 g/t gold to 3.73 g/t gold.
The Company announces that it has granted 1,204,000 common share stock options for a period of 5 years from the issue date.
Bulk soil samples were collected for shipment together with 10% blank samples and 10% field duplicates for low temperature drying and sieving to 180µ, before taking a 25g split that was sent to ALS laboratories in Ireland for Aqua Regia digest and ICP-MS finish to determine gold plus 39 multi-elements.
Mills, BSc, MSc, CGeol, a Qualified Person as defined by NI 43-101 and the Company’s Vice President Exploration.
Velocity has a 70% interest in the Tintyava prospecting licence, which includes the Rozino gold project, and has entered into option agreements to earn a 70% interest in the Obichnik and Makedontsi gold projects and holds a 100% interest in the Iglika project.
Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development and mine development activities for the Project, including the geological mapping, prospecting and sampling programs for the Project, actual results of exploration activities, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital to fund the Company’s business plan, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental and regulatory approvals , permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company’s business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading.
Wood, whose flagship fund suffered its largest outflows on record last week, said in a webinar Tuesday that she sees spiking commodity prices as a sign that businesses are double or triple ordering supplies as they try to restart their global supply lines.
Last week, he told lawmakers that the cryptocurrency market “could benefit from greater investor protection.”On Tuesday, the SEC said it would “consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs.” The agency also said staff would:Scrutinize the Bitcoin futures market to judge whether it “appropriately” supports mutual fund investments in the derivativesLook at funds’ ability to liquidate their derivatives in the cryptocurrencyReview funds’ valuations of holdingsFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
BEIJING -China should implement its commitments to equal treatment for foreign business and abandon “implicit” guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said on Tuesday.
Wendy’s is getting ready for customers to return to its restaurants with new launches like the fried chicken sandwich, to tackle that of its competition, iced beverages and its popular breakfast offerings.
Traders snapped up bearish contracts even as dozens of short-term options expired, with the price of one put surging as much as 7,757%.KGI Securities’ trader Kevin Lee, who has been a local stocks trader for a decade, said clients started to panic as the morning wore on.“There were non-stop orders coming in,” Lee said.
senator on Tuesday asked the chief executives of Toshiba America Electronic Components, Seagate Technology, and Western Digital Corp if the companies are improperly supplying Huawei with foreign-produced hard disk drives.
investigators say at least $4.5 billion was stolen from 1MDB between 2009 and 2014, in a wide-ranging scandal that has implicated high-level officials, banks and financial institutions around the world.
After dipping on the data, gold pared its losses to trade close to little changed on the day.Markets were already concerned about rising inflation amid surging commodity prices, which sparked a sell-off in global equities on Tuesday.
The Fed is going to deny that is an issue.