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OUTBACK COMPLETES INITIAL PHASE OF EXPLORATION ON THE YEUNGROON GOLD PROPERTY
OUTBACK COMPLETES INITIAL PHASE OF EXPLORATION ON THE YEUNGROON GOLD PROPERTY C...
About this update from Valkea Resources Corp
[{"type":"text","content":"\n \n \n \n OUTBACK COMPLETES INITIAL PHASE OF EXPLORATION ON THE YEUNGROON GOLD PROPERTY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n TSX.V: OZ          OTCQB: OZBKF               FSE: S600\n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 30, 2022\n \n \n /CNW/ -\n \n Outback Goldfields Corp\n \n . (the \"\n \n Company\n \n \" or \"\n \n Outback\n \n \") (TSXV: OZ) is pleased to provide an update on exploration activities at its Yeungroon gold property located in central\n \n Victoria, Australia\n \n .\n \n \n \n \"We are pleased to report on our exploration progress so far at our highly-prospective Yeungroon gold property,\"\n \n commented\n \n Chris Donaldson\n \n , CEO.\n \n \"We have recently finished the initial phase of our systematic and property-wide, multi-rig drill program where our efforts were focused on understanding the structural setting of gold mineralization peripheral to the Golden Jacket mine in addition to identifying geochemical anomalies in new and un-explored greenfields areas. Data analyses and interpretation are ongoing and will enable us to prioritize specific targets for the next round of diamond drilling.\"\n \n \n \n \n Highlights\n \n \n \n \n \n Significant air-core drill program completed:\n \n Over 9,300 meters in 590 holes were completed across the property with two main objectives:\n \n \n \n Expand the 600 meter long, open-ended, near-surface arsenic geochemical anomaly south of the Golden Jacket mine to the north and northeast; and,\n \n \n Test numerous priority geophysical targets on the western side of the property along trend from the Moondyne prospect.\n \n \n \n \n \n Yeungroon Drill Program\n \n \n \n Shallow air-core holes were drilled on a grid pattern to the north and the northeast of the Golden Jacket Mine and along linear roadside traverses, perpendicular to the regional structural setting, covering the western ...