OUTBACK IDENTIFIES LARGE-SCALE GOLD-ARSENIC ANOMALIES AT THE O'CONNORS TARGET, YEUNGROON GOLD PROJECT, VICTORIA

About this update from Valkea Resources Corp

[{"type":"text","content":"\n \n \n \n OUTBACK IDENTIFIES LARGE-SCALE GOLD-ARSENIC ANOMALIES AT THE O'CONNORS TARGET, YEUNGROON GOLD PROJECT, VICTORIA\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 \n TSX.V: OZ, OTCQB: OZBKF, FSE: S600)\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 24, 2023\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) (OTCQB: OZBKF) is pleased to provide an update from its reconnaissance-style, air-core drill program at its Yeungroon gold project, central\n \n Victoria, Australia\n \n . The purpose of the wide-spaced, top of bedrock drilling was to expand on, and sample fresh bedrock below a broad and open-ended, 3 kilometre long, near-surface pathfinder element anomaly.\n \n \n \n Highlights\n \n \n \n \n \n Assays confirm broad gold-arsenic anomaly in bedrock samples over 3-kilometre strike length:\n \n Drilling across the O'Connors geophysical trend revealed broad zones of strongly anomalous arsenic and gold comparable to that observed in alteration halos proximal to other central Victorian gold-bearing quartz reefs.\n \n \n \n \n \n Wide-spaced top-of-bedrock drilling effective first step:\n \n Grid-based, shallow drilling across numerous blind and concealed geophysical targets proved to be a key and cost-effective first step at generating new drill targets.\n \n \n \n \n \n Anomalies are open along strike:\n \n Encouraging gold results at the northern and southern ends of the anomalies supports the potential for further extensions along strike.\n \n \n \n \n \n Planning for follow up drilling of high-potential drill targets now underway\n \n : Results suggest that drilling may have intersected low-grade gold halos proximal to high-grade gold bearing quartz reef structures. Numerous targets have now been identified and planning is underway for follow up drilling to test these targets at depth and along strike.\n \n \n \n \n \"We are very pleased with our exploration campaign and results at O'Connors.&...

More updates from Valkea Resources Corp