Outback Goldfields is pleased to announce that it has closed the initial tranche of the non-brokered private placement previously announced on April 25, 2024. The Offering is being conducted in conjunction with the Company's previously announced acquisition of a prospective portfolio of gold projects in Finland from a subsidiary of S2 Resources Ltd., as detailed in the Company's press release dated March 1, 2024. Pursuant [...]
Outback Goldfields is pleased to announce that further to its press release dated March 1, 2024 the Company has entered into a definitive share purchase agreement with S2 Resources Ltd. and one of its subsidiaries whereby Outback will acquire a subsidiary of S2 holding its prospective portfolio of gold projects in Finland. The consideration to be paid to S2 will consist of a $1,500,000 cash payment and the issuance of [...]
Outback Goldfields is pleased to announce that, further to its announcement of the Letter of Intent to acquire S2 Resources' gold assets located in the Central Lapland district of Finland, Mr. George Salamis has agreed join Outback as a strategic and technical advisor. Mr. Salamis offers a wealth of technical and strategic expertise in the Central Lapland district, having worked as Vice President of Riddarhyttan Resources [...]
Outback Goldfields is pleased to announce a non-brokered private placement for minimum gross proceeds of $5,000,000. The Offering is being completed in conjunction with the Company's previously announced acquisition of a prospective portfolio of gold projects in Finland from a subsidiary of S2 Resources Ltd., as detailed in the Company's press release dated March 1, 2024. Pursuant to the Offering, Outback will issue a [...]
Outback Goldfields is pleased to announce that it has entered into a letter of intent dated February 16, 2024 with S2 Resources Ltd. to acquire all of S2's highly prospective portfolio of gold projects, by way of an acquisition of S2's wholly-owned Finnish subsidiary, Sakumpu Exploration Oy. On March 1, 2024, Outback notified S2 that it was satisfied with the results of its due diligence investigation, and the parties are [...]
Outback Goldfields is pleased to provide an update on exploration activities across its Glenfine project in the heart of the Victorian goldfields of Australia. Highlights High-grade gold potential: Review of recently acquired LiDAR data led to the identification of historic workings where samples of quartz reefs returned up to 9.4 g/t gold. Underexplored project: Soil sampling has outlined additional targets in areas [...]
Outback Goldfields is pleased to provide an update from its reconnaissance-style, air-core drill program at its Yeungroon gold project. The purpose of the wide-spaced, top of bedrock drilling was to expand on, and sample fresh bedrock below a broad and open-ended, 3 kilometre long, near-surface pathfinder element anomaly. Highlights Assays confirm broad gold-arsenic anomaly in bedrock samples over 3-kilometre strike [...]
Outback Goldfields is pleased to announce that the Silver Spoon Exploration Licence has been granted near the world-class Fosterville gold mine in central Victoria, Australia. "We are very excited to finally have the highly prospective Silver Spoon Exploration Licence granted," commented Chris Donaldson, CEO. "The initial premise for Outback Goldfields was to explore for the next high-grade Fosterville-style gold deposit [...]
Outback Goldfields is pleased to provide an update from its reconnaissance-style air-core drill program at its Yeungroon gold projecta. "Preliminary review of geochemical portable XRF analysis has confirmed that the broad zone of anomalous arsenic identified in the previous drill program is continuous and open to the north and the south," commented Chris Donaldson, CEO. "In addition, new zones of highly anomalous arsenic [...]
Outback Goldfields is pleased to announce the commencement of reconnaissance-style drilling across the highly prospective O'Connors target at its Yeungroon gold project. "We are excited to kick-off this drill program at Yeungroon. The overarching goal for this phase of drilling is to expand on our highly encouraging geochemical results from our first phase of drilling across the recently identified O'Connor's target [...]
Outback Goldfields is pleased to provide an update on exploration activities across its highly prospective portfolio of exploration-stage gold assets. "The focus for Outback continues to be drill target generation," commented Chris Donaldson, CEO. "At Yeungroon we are systematically evaluating the recently identified O'Connor's target and at Ballarat West, we are focused on the Berry Sauce target, only 5 km from the [...]
Outback Goldfields Corp. is pleased to provide results from its reconnaissance-style air-core drill program at its Yeungroon gold project , central Victoria, Australia. Highlights Defined multiple broad corridors of elevated arsenic across the tenement: Numerous north-west trending zones of strong arsenic anomalism from top-of-bedrock samples parallel to the Golden Jacket corridor have been defined northeast of the Golden [...]
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