Valkea Completes Diamond Drilling on First New Target and Commences Base of Till Drilling at Paana
Valkea completes drilling at the Kari target and begins sampling at the BoT deposit as part of its Paana pipeline advancement.
Valkea Resources Corp. (OZ) has completed diamond drilling on its first new target, the Kari target at the Paana project, with assay results expected in Q4 2026. The company has also commenced reconnaissance base of till (BoT) drilling across its wider Paana licenses to accelerate target identification for future diamond drilling, with an additional BoT rig scheduled to come online in October 2026.
Preliminary metallurgical test work is underway on samples from the Aarnivalkea West discovery to assess economic potential. Meanwhile, systematic exploration of 24 new, high-ranking prospects continues across the 350 km² land package.
Valkea Resources Corp. (OZ) released details confirming the execution of its previously announced exploration plan, marking incremental operational progress. The company is expected to complete work at the Kari target and begin drilling at the BoT site. Metallurgical work remains in the early stages and does not yet impact valuation. The news aligns with prior guidance and does not materially alter the risk/reward profile.
Valkea Resources Corp. (OZ) is an exploration-stage company focused on gold and base metals in Finland's Central Lapland Greenstone Belt. The firm’s flagship asset is the 100%-owned Paana Project, which spans 93 km² and features the Aarnivalkea West discovery. The company holds a total land package of 350 km² across six project areas, including Pahasvuoma, Rova, Palvanen, Putaanpera, and Ruopas, as well as the Sikavaara joint venture with Rupert Resources. The management team includes former contributors to the Ikkari gold discovery and applies a systematic, geoscience-led exploration approach.