Drill Results
Valkea starts fall exploration program at Paana

OZ · Price
Executive Summary
- Valkea Resources has launched a fully‑financed fall 2025 exploration program at its 100 % owned Paana project in northern Finland, focusing on disseminated (Ikkari‑style) gold mineralization at the Koivu zone, Aarnivalkea West target.
- The program includes up to 2,000 m of step‑out diamond drilling targeting previously intersected high‑grade zones (e.g., 55.48 m @ 1.63 g/t Au with 8.50 m @ 8.57 g/t Au).
- Jens Ronnqvist has been appointed Exploration Manager (Finland) to oversee technical execution and stakeholder relations for the program.
Key Details
- Drilling Focus: Systematic step‑out holes at Koivu zone, Aarnivalkea West target; aim to test extent of disseminated gold mineralization.
- Key Intercepts Referenced:
- Hole FAVD647 – 55.48 m @ 1.63 g/t Au (including 8.50 m @ 8.57 g/t Au).
- Hole AW‑24‑0059 – 36.45 m @ 1.50 g/t Au (including 15.35 m @ 3.43 g/t Au and 2.75 m @ 12.92 g/t Au).
- Planned Drilling: Up to 2,000 m of step‑out drilling in multiple orientations (up/down dip, along strike) from the highlighted holes.
- Base‑of‑Till (BoT) Program: Scheduled for coming months to evaluate high‑priority gold anomalies and define new drill targets across Paana.
- Exploration Manager Appointment: Jens Ronnqvist, MSc, with 20+ years Nordic exploration experience, now leads Finnish operations and stakeholder engagement.
- Program Financing: Fully financed fall 2025 program; no additional capital raise required.
- Geological Context: Aarnivalkea West lies ~24 km NW of Agnico Eagle’s Kittila mine and ~65 km NW of Rupert Resources’ Ikkari deposit, within the Central Lapland Greenstone Belt, prospective for both high‑grade (Kittila‑style) and disseminated (Ikkari‑style) gold mineralization.
- Relogging Effort: Ongoing relogging of core from prior programs at Aarnivalkea West/East to refine geological model and guide future drilling.
Notable Quotes
“We are excited to get back to exploration and build on the success from our last campaign,” said Chris Donaldson, CEO & Executive Chair.
“Jens strengthens our technical capabilities, complemented by the support of our trusted contractors, Geopool OY.”
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Jul 22, 2026 · 06:01