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Outback Goldfields Corp ( (TSE:OZ) ) has issued an announcement.
Valkea Resources Inc. has completed its inaugural drill program at the Paana Project in Central Lapland, Finland. The program involved over 2,000 meters of core drilling aimed at assessing the potential for high-grade gold mineralization at the Aarnivalkea West target. This strategic initiative is part of Valkea’s Phase 1 exploration strategy, with assay results expected in February. The completion of this drilling marks a significant step in refining Valkea’s structural model and identifying further opportunities within the Paana project, thereby strengthening its position in the gold exploration market.
More about Outback Goldfields Corp
Valkea Resources Inc. operates in the mining industry, focusing primarily on gold exploration. The company is engaged in exploration activities in Finland’s Central Lapland Greenstone Belt, a region known for its potential in gold mineralization.
YTD Price Performance: 24.14%
Average Trading Volume: 31,001
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.15M
For an in-depth examination of OZ stock, go to TipRanks’ Stock Analysis page.