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Vulcan Minerals Inc
Symbol VUL
Shares Issued 58,526,129
Close 2016-12-20 C$ 0.04
Market Cap C$ 2,341,045
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Vulcan Minerals completes drill program at Colchester

2016-12-21 09:04 ET - News Release

Mr. Patrick Laracy reports

VULCAN MINERALS INC. COMPLETES DRILLING PROGRAM AT THE COLCHESTER COPPER-GOLD PROJECT IN NEWFOUNDLAND

Vulcan Minerals Inc. has completed its preliminary round of drilling on the Old English zone of the Colchester property in north-central Newfoundland. Four holes totalling 824 metres were drilled to explore the possible extensions of historic drill intersections of copper and gold mineralization. As well, the holes will assist in calibrating the results from a recent high-resolution induced polarization geophysical survey carried out on the property. Several zones of mineralization were encountered and are being assayed, with results expected in January, 2017. Based on the variety of mineralization identified from historic information and observed in the field, the company believes the property will require systematic evaluation utilizing state-of-the-art geophysical technology and several rounds of drilling to evaluate all the known areas of mineralization and new geophysical targets.

The Colchester property is owned 100 per cent by Vulcan and is accessible by paved road approximately 25 kilometres off the Trans-Canada Highway. The area is serviced by an airport at Deer Lake 110 kilometres to the southwest. Please refer to the company's web page for location and geology maps. The 2016 work program is eligible for financial assistance from the junior exploration assistance program of the government of Newfoundland and Labrador.

Patrick J. Laracy, PGeo, president, and Patrick Collins, PGeo, are qualified persons responsible for the contents of this news release as defined in National Instrument 43-101.

Vulcan is establishing itself as a leading explorer in Newfoundland and Labrador focused on project generation, value addition and partnering. Vulcan has projects available for option, including Colchester, and a competent team to operate all exploration activities.

We seek Safe Harbor.

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