VELOCITY MINERALS update

Velocity Minerals Ltd. (TSX:VLC) reported further analytical results from the 2009 programs of work at the Company’s 100% owned Mt. Haskin and Cassiar Moly molybdenum properties in northern British Columbia.

The press release is quoted as saying:

Drill Hole VEL 16-09, vertical, total depth 173 meters (567 feet), located 75 meters NW of drill hole VEL 11-08, intersected 70.1 meters of 0.07% Mo from 32.6 m (107 ft) to 102.7 m (337 ft), including a 24.4 m section of 0.16% Mo from 41.7 m (137 ft) to 66.1 m (217 ft). This drill hole also intersected elevated values of copper, gold, zinc, lead and manganese.

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