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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
5 Comments
    16 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
      14 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
        14 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
    14 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
    8 hours ago

    I’m surprised there isn’t more excitement on this board like it was eons ago when the PM stocks sucked and everyone was pining for the kind of environment we are now in. It’s ironic we have been are now looking at a bull that will be running for awhile before it falls from exhaustion. I love looking at my portfolio everyday and seeing massive green. We probably are in for a pull back here for awhile but I don’t believe we have even see what this bull can do.

    Reply

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