Velocity Minerals Option of Potential Banded Iron Gold Prospect

Velocity Minerals Ltd. (TSX:VLC) reported that the company has been granted an option to acquire a gold prospect (approx. 8,803.91 hectares) in the historic Osoyoos Mining Division in south central B.C. near an area known for past gold production.

The press release is quoted as saying:

Velocity Minerals Ltd. is a public company dedicated to the acquisition, exploration and development of molybdenum and other mineral resources. In addition to the Company’s two Cassiar, B.C. area properties, several other opportunities in the mining industry in North America and elsewhere are actively being pursued.

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