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

Cory
August 28, 2025

 

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 Fleck@kereport.com

 

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

Discussion
4 Comments
    14 hours ago

    Hi DT, you said you had sold your HG and might buy back at 1.60C. I replied it was at 1.58
    Did you get back on the graphene train to the Emerald City? I missed the bottom of 1.03 US but am glad I bought at 1.17 as it is 1.60 today.

    Reply
      12 hours ago

      Hi Bonzo, I bought some at $1.58 and $1.64 CDN. I just got stopped out at $2.00. About the same time you posted. So I’m out again but will probably be back in soon. I make sure these days that I don’t get caught in a market crash which I believe is coming. DT

      Reply
        12 hours ago

        That’s interesting. I am afraid to sell HG as the downside does not scare me as much as missing out on the upside. I want to buy more. I still hurt from selling my Apple 40 years ago when Jobs was fired. It would be worth millions if I had held it. Livermore said he made more by sitting than by trading.

        Reply
    13 hours ago

    I took an exploratory buy on Liberty Gold today @ 46 cents. It has an increase in volume and it passed its 52 week high yesterday. If the rally is sustained I will buy more if not I will exit. DT

    Reply

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