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Velocity Minerals Ltd.

04:07 PM EST - Velocity Minerals Ltd. : announced that it has completed drilling 3 holes on its Cassiar Moly property near Cassiar in northern British Columbia. The Company reported that assay results showed molybdenum mineralization was present in large intervals in all three of the holes. Results for the three holes and are as follows: Velocity Minerals Ltd. shares T.VLC are trading up $.015 at $0.13.