The KE Report

Valkea Resources - Fall Drilling Starts at Paana, Focus on Koivu Zone

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Valkea Resources (TSX-V: OZ | OTCQB: OZBKF | FSE: S600) has launched its fall drill program at the Paana Project in Finland. President & CEO Chris Donaldson joins the KE Report to outline the strategy, starting with step-outs at the Koivu Zone, new target generation, and the company’s broader exploration plans in this Tier-1 district.

Key points: 

  • Fall Drill Program (~2,000m): Step-outs at the Koivu Zone following encouraging intercepts from the last campaign (e.g., ~55m @ ~1.6 g/t Au; ~36m @ ~1.5 g/t Au), plus ongoing target generation.

  • Geologic Model & Strategy: Koivu Zone shows disseminated “Ikkari/Rupert-style” gold; Honka Zone is “Kittilä-style” high-grade. Team will test if Koivu and Honka zones connect.

  • Target Pipeline: Base-of-till drilling across multiple anomalies and work advancing the northern Rova project.

  • Core Re-logging & Structural Work: Refining structure and controls on mineralization using historic holes to tighten targeting.

  • Team & Operations: New Exploration Manager, Jens Rönnqvist, on the ground in Finland to coordinate fieldwork and community engagement.

  • Jurisdiction & Neighbors: Paana sits in a Tier-1 district alongside Agnico Eagle’s Kittilä Mine, B2Gold/Aurion, and Rupert Resources. Finland ranked #1 by the Fraser Institute for mining attractiveness; recent financings underscore capital flowing into the belt.

  • Near-Term Catalysts: Drills now turning; a ~2-month program with assays expected to begin in the fall (lab timing dependent). Step-outs at Koivu are the headline driver.

    • Any follow up questions for Chris can be emailed to me directly at [email protected]. 

    Click here to visit the Valkea Resources website to learn more about the Company.

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