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Valkea Resources Corp. reports on mineral exploration across a portfolio of properties in the Central Lapland Greenstone Belt of northern Finland. Company news centers on the 100% owned Paana Project, including drilling at the Koivu Zone within the Aarnivalkea West target, assay results, base-of-till programs, geological modeling, and target generation for gold and base metals prospects.
Recurring updates also cover capital-structure actions such as warrant exercises, leadership and technical appointments, and the expansion of exploration capacity in Finland. The company frames its work around systematic evaluation of Lapland-based projects, with Paana serving as the flagship exploration asset.
Valkea Resources (TSXV: OZ, OTCQB: OZBKF, FSE: 4A7) granted 2,602,167 stock options to certain directors, officers and consultants under its shareholder-approved omnibus incentive plan. The options carry an exercise price of $0.32 per share, a five-year term, and vest over two years, with one-third vesting at grant and the remainder in equal annual installments.
Valkea Resources (TSXV: OZ, OTCQB: OZBKF, FSE: 4A7) has completed initial work on a new prospect pipeline in Finland’s Central Lapland Greenstone Belt and plans to commence diamond drilling on the first new target in August 2026.
According to Valkea, 24 provisional targets have been defined across its 100%-owned permits (excluding Sikavaara East and West, which are in joint venture with Agnico Eagle). Drill rig capacity for both base-of-till (BoT) and diamond drilling has been secured for the 2026/27 campaign. The first new target, “Kari,” on the Paana Central licence, will see an initial 1,000–1,500 m drill program, while a broader campaign envisions about 6,000 BoT points and up to 10,000 m of diamond drilling, beginning with BoT work in October and extended DDH later in 2026.
Valkea Resources (OTCQB: OZBKF) outlined a 12‑month, four‑phase exploration program for its 350 km2 land package in Finland’s Central Lapland Greenstone Belt, targeting 15–20 prospects and planning 6,000 base‑of‑till points and up to 10,000 m of diamond drilling starting in H2 2026.
Funding is secured for 2026/2027 programs, a new leadership and technical team from the Ikkari discovery is in place, and key projects include Paana, Aarnivalkea West, Pahasvuoma/Rova, Putaanperä, Sikavaara JV and Palvanen.
Valkea Resources (OTCQB: OZBKF) announced early exercise of 4.5 million warrants by management and cornerstone shareholders on May 7, 2026. Proceeds will fund general corporate purposes, strengthen the technical team in Finland, and expedite programs aimed at recommencing drilling later in the year.
Post-exercise the company reports C$3.2 million cash, 65.2 million issued shares outstanding and 93.1 million fully diluted shares.
Valkea Resources (OTCQB: OZBKF) announced a planned leadership transition effective April 13, 2026, appointing Thomas Credland as CEO and director and naming Louis Archambeault interim chair.
The company added Dr Chris Bonson as VP, Exploration and confirmed Europe-based technical advisor Dr Charlotte Seabrook, positioning leadership closer to Valkea's 350km2 Finland land package to accelerate exploration.
Valkea Resources (OTCQB: OZBKF) announced three strategic appointments effective January 2026: Thomas Credland as President, Marc Turcotte as Director, and Dr. Charlotte Seabrook as Technical Advisor. The hires add capital‑markets, corporate development, and discovery‑track technical expertise as Valkea advances nearly 400 km2 of gold exploration ground in Finland's Central Lapland Gold Belt. Management highlights include Credland's prior role in developing Rupert's Ikkari project and Turcotte's involvement in MAG Silver's US$2.1B sale; Seabrook is credited with the discovery of the 4 Moz Ikkari gold deposit.
Valkea Resources (OTCQB: OZBKF) reported results from a seven-hole, 2,454 m fall 2025 drill program at the Koivu Zone, Paana Project, Finland. Drilling confirmed continuity of bulk-tonnage gold mineralization over a ~200 m dip extent and >100 m strike extent and intersected both disseminated and vein-hosted high-grade intervals.
Notable assays include 12.65 m @ 0.77 g/t Au (including 6.00 m @ 1.15 g/t) in AW-25-010, 5.60 m @ 1.13 g/t Au in AW-25-007 and a vein sample of 17.55 g/t Au over 0.5 m in AW-25-012. Results remain open along strike and down-dip; additional drilling and pending Phase 1 base-of-till survey results are planned to refine targets.
Valkea Resources (OTCQB: OZBKF; TSXV: OZ) completed a drill program on November 4, 2025 at its Central Lapland Greenstone Belt project in Finland, with assay results pending. The project lies adjacent to Agnico Eagle's Kittilä mine and near Rupert Resources' Ikkari project. The company highlighted operating in a tier-one jurisdiction with strong infrastructure and a defined permitting path, advancing what it describes as a highly prospective gold target.
Valkea Resources Corp. (OTCQB: OZBKF) has provided an update on its ongoing exploration drill program at the 100% owned Paana Project in northern Finland. The company has completed over 2,000 meters of drilling across five holes at the Koivu Zone, part of the Aarnivalkea West target.
Previous drilling results showed promising intersections including 55.48 meters of 1.63 g/t gold and 36.45 meters of 1.50 g/t gold. The current program includes systematic testing of the Koivu Zone on 50-meter step-outs, covering a ~250 by 100-meter footprint. Samples from the first two holes have been submitted for analysis, with results pending.
The company plans to commence a base of till (BoT) drilling program to evaluate high-priority gold anomalies and expand the Aarnivalkea West target area. The project is strategically located 24 km northwest of Agnico Eagle's Kittilä mine and 65 km northwest of Rupert Resource's Ikkari deposit.
Valkea Resources (TSXV: OZ) has initiated its fall exploration program at the Paana Project in northern Finland and appointed Jens Rönnqvist as Exploration Manager. The program will focus on diamond drilling at the Koivu Zone in the Aarnivalkea West target, with previous notable results including 55.48 meters of 1.63 g/t gold and 36.45 meters of 1.50 g/t gold.
The fully funded exploration program includes up to 2,000 meters of drilling and a base of till (BOT) drilling program. The Aarnivalkea West target is strategically located 24 km northwest of Agnico Eagle's Kittilä mine and 65 km northwest of Rupert Resource's Ikkari deposit. The project aims to test both Kittila-style high-grade mineralization and Ikkari-style disseminated mineralization across a 1.3 km long target area.