Velocity identifies high-priority drill target at Bulgarian gold project

Drilling on the target has commenced with a total of four drill holes planned, Velocity Minerals said in a statement.

"The soil results within the recently identified target formation, potentially represent the ‘sweet spot’ of the mineralising system and are very encouraging," Stuart Mills, Velocity’s vice-president exploration, said.

“The company has immediately started a wide spaced four-hole drill program to be completed before year-end," Mills added.