Outback Goldfields: Searching for High-Grade Gold in the Victoria Goldfields
4 key assets in one of Australia’s hottest gold exploration districts
Outback Goldfields is a well financed exploration mining company holding a package of four highly prospective gold projects located proximate and adjacent to the Fosterville Gold Mine in Victoria, Australia. Moreover, the initial Phase 1 exploration program is now underway on two of the four company tenements. The Goldfields of Victoria, Australia are home to some of the highest grade and lowest cost mining in the world.
“Outback has just raised over 11 million dollars and we’re going to deploy the majority of that into exploration this year,” says CEO and Director, Chris Donaldson.
4 properties in prolific gold district
The assets are located adjacent and in the proximity of Kirkland Lake Gold’s Fosterville Mine and Newmont Gold’s Tenements. Furthermore, there has been ongoing positive drill results from neighbouring projects; Mawson, Fosterville South, Navarre.
“There have been 80 million ounces already produced in the region and a lot of people are now saying there’s an additional 80 million ounces yet to be found,” says Donaldson.
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