Valkea completes 2,000 m of drilling at Paana target

Executive Summary

• Valkea Resources reports completion of over 2,000 m of diamond drilling across five holes at the Koivu zone of its Paana project in northern Finland.
• Significant intercepts include 55.48 m @ 1.63 g/t Au (including 8.50 m @ 8.57 g/t) and 36.45 m @ 1.50 g/t Au (including 2.75 m @ 12.92 g/t).
• Core from the first two holes has been sent to lab; assay results are pending, and a base‑of‑till (BoT) program will commence shortly to generate additional targets for a planned Phase 2 drill campaign.

Key Details

• Drilling Coverage: >2,000 m completed across five holes targeting disseminated, Ikkari‑style gold mineralization at the Koivu zone (northern extent of the 1.3 km Aarnivalkea West target).
• Hole FAVD647: 55.48 m @ 1.63 g/t Au, including a higher‑grade interval of 8.50 m @ 8.57 g/t Au.
• Hole AW‑24‑0059: 36.45 m @ 1.50 g/t Au, with notable sub‑intervals of 15.35 m @ 3.43 g/t Au and 2.75 m @ 12.92 g/t Au.
• Assay Status: Samples from the first two holes have been submitted; results are expected in the coming weeks.
• Phase 1 Design: Step‑out holes on ~50‑m spacing covering a ~250 × 100 m footprint to ~300 m depth, intended to test continuity of bulk‑tonnage gold mineralization.
• Target Generation (BoT) Program: Base‑of‑till drilling slated to start in the next few weeks, focusing on high‑priority anomalies and extending coverage west, east, and north of the Aarnivalkea West anomaly. Results will feed into a proposed Phase 2 drill program.
• Future Plans: Fall 2025 exploration program aims to systematically evaluate Aarnivalkea West for both Kittila‑style high‑grade zones (Honka) and Ikkari‑style disseminated mineralization (Koivu).

Notable Quotes

“Our exploration program at the Aarnivalkea West target is progressing well… we are encouraged by the mineralization observed which will allow us to start planning for a phase 2 program.” – Chris Donaldson, CEO & Executive Chair, Valkea Resources Corp.