Outback Goldfields

Financials:

Primary ticker: TSXV:OZ, OTCQB:OZBKF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Ballarat West, Silverspoon, Yuengroon, Glenfine
Project location: Victoria, Australia
Website: www.outbackgoldfields.com

Outback Goldfields is led by an experienced group of mining professionals focused on exploring for high grade gold on four highly prospective properties in the historic Victorian Goldfields of Australia. The Company is in the midst of its maiden exploration program and intends to drill on three of the four properties in 2022. The Victorian Goldfields, which has produced over 80Moz gold historically, is experiencing a modern-day gold rush and is home to some of the highest grade and lowest cost mining in the world. Outback is part of the Inventa Capital group of companies.
 

CASH: CAD$6M
DEBT: Nil

Major shareholders:
Management ownership – 9%

Management Profile

Chris Donaldson – CEO & Director
Chris Donaldson is an experienced executive with a 25-year track record of raising funds and building out new investment channels for both public and private companies. Formerly, Chris held the dual role of Director, Corporate Development with Western Copper and Gold (NYSE American and TSX listed) as well as Director, Corporate Development and Community with Casino Mining Corporation.

What is your rationale for taking part 121 Mining Investment?

Outback will have an active 2022, drilling three of its four projects, and is looking to introduce the story to a broader range of investors in order to increase on market support and potential participation in future raises.

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Ongoing exploration drilling at 3 of the 4 properties during 2022 with steady news flow throughout the year.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

During the pandemic Australia has experienced strict lockdowns which significantly delayed the start of the Company’s drill program, which was originally planned for June 2021. As the restrictions have begun to lift early this year, Outback has been able to commence its programs and looks forward to delivering significant news flow to the market over the coming year.

What do you think makes your company such a compelling investment?

Outback offers excellent exploration exposure to the Victorian Goldfields which hosts the highest grade and highest margin mine in the world and is currently experiencing a modern day gold rush.

What are the top 3 key investor takeaways?

• Exploring for Gold on four properties in the Victorian Goldfields, Australia
• Well financed with a full exploration program underway
• Properties adjacent and proximate to the Fosterville Mine, which is the highest grade and highest margin mine in the world