Business
Outback Goldfields Provides Exploration and Corporate Update
VANCOUVER, BC, Aug. 18, 2021 /CNW/ - Outback Goldfields Corp. (the "Company" or "Outback") (CSE: OZ) is pleased to provide an update on exploration and corporat
About this update from Valkea Resources Corp
[{"type":"text","content":" VANCOUVER, BC, Aug. 18, 2021 /CNW/ - Outback Goldfields Corp. (the \"Company\" or \"Outback\") (CSE: OZ) is pleased to provide an update on exploration and corporate activities and announce the addition of Liz Monger as a Strategic Advisor. COVID-19 Lockdowns Over the past six weeks Victoria, Australia has had a series of COVID-19 related shutdowns. In accordance with our stringent health and safety policies, the Company and its wholly owned subsidiary Outback Goldfields Australia, put the safety of our contractors and employees as our highest priority. As such, certain measures, including working from home and enhanced safety precautions have been put in place. Exploration work continues in a modified way as mining is considered an essential service by the Victorian government. The net effect is that there have been delays in assay results and the Company's ability to gain landholder access some delays with drilling and some sampling. The Company is committed to following all local health orders and is encouraged that restrictions appear to be easing which will enable the Company to resume its ramp up of our exploration program in the near term. Exploration Update Exploration continues across the project portfolio (see news releases dated May 3rd, 2021, June 8th, 2021 and June 28th, 2021) and is comprised of property-wide geochemical sampling (rocks and soils) and geological mapping and prospecting. Yeungroon: At Yeungroon the current focus has been on the eastern side of the property associated with the northern extent of the Wedderburn goldfield. Here, soil sampling and prospecting along prominent ridges have been completed with samples now pending in the lab. The Company has also received the final data from a recently completed 85 km2 LiDAR survey over the Wedderburn area. Numerous areas of previously unrecognised historic surface disturbance have been identified and prioritised for systematic follow-up. The Company is also finalizing the collar locations for a large RAB (rotary air-blast) drilling program across the Golden Jacket area on the western side of the property. The RAB program will consist of a series of long east-west traverses of closely spaced shallow holes designed to test the bedrock below post-mineralization cover rocks. The data will be used to prioritise areas for follow-up diamond drilling. T...