Velocity Minerals Ltd. announced that it has received assay results for diamond drill hole RDD-040, which returned 144.7m grading 1.52g/t gold including 24.0m grading 4.05 g/t gold, at the new East Zone, Rozino gold project. Mineralization in drill hole RDD-040 is intersected from surface and is the thickest continuous drill intersection averaging greater than 1.0g/t gold ever returned from the property. The East Zone remains open for expansion with results pending from three additional step-outs. Assays from 17 drill holes were returned over the past month and results have expanded the extent of near-surface mineralization at both East Zone and North Zone.