Velvet Revolver drummer Matt Sorum revealed during this past weekend's Camp Freddy Radio broadcast on Los Angeles' Indie 103.1 FM that the band has finished mixing its second album, "Libertad".

Velvet Revolver frontman Scott Weiland told MTV.com last week that the new CD "definitely still rocks, but it's incredibly more musical. There's a lot more textures, and Slash and Duff have really sort of risen the bar. It just goes places that the first album didn't go."

Weiland and Slash will give the induction speech for honorees Van Halen during the 2007 Rock and Roll Hall of Fame induction ceremony, set to unfold inside New York's Waldorf-Astoria hotel on March 12. Velvet Revolver will also perform at the event in Van Halen's place (the group has apparently rehearsed a version of "Ain't Talking About Love", according to Sorum), although it's not presently clear if all the members of the latter band will be present to accept the honor.

Velvet Revolver is slated to tour South America with Aerosmith this April.