Outback Goldfields Corp. provided an update from its reconnaissance-style air-core drill program at its Yeungroon gold project, central Victoria, Australia. Strong pathfinder element anomalism: Reconnaissance-style shallow air-core drilling across the O'Connor's trend revealed broad zones of anomalous arsenic, a proven pathfinder element for gold mineralization in the Victorian gold fields.

Prospect Prospects emerging parallel to O'Connors: New zones of highly-anomalous arsenic have been identified along a new trend, immediately west of the O'Connor's trend. Gold analyses ongoing: First batch of samples have been submitted to SGS labs for fire assay gold analyses. More sample batches to be sent over the coming weeks.

Program Overview: The air-core drill program comprised 2,400 meters of shallow, top of bedrock drilling primarily along east-west oriented roads. The focus of the drill program was to drill through baren cover rocks into bedrock and test the along-strike potential of the previously identified broad O'Connors arsenic anomaly, as well as to complete a series of targeted deeper holes testing for potential gold mineralization. A highly portable air-core drill rig was used to sample and map the top of bedrock below cover.

A footprint approximately 6.0 kilometers wide and 3.2 kilometers long was tested. Drill cuttings were analysed using a portable X-ray fluorescence spectrometer (pXRF). The focus for these analyses were pathfinder element geochemical concentrations (e.g., arsenic).

The relationship between gold mineralization and disseminated arsenopyrite and high-arsenic contents in host rocks peripheral to gold-bearing quartz reefs is well established throughout the Victorian Goldfields (e.g., Arne et al., 2008) and has been used to focus exploration and vector to high-grade mineralization. Based on preliminary pXRF results, a large-scale, open-ended arsenic anomaly has been defined and is associated with the north-northeast trending O'Connors fault and associated splay faults. The anomaly extends for over 3 km, remains open along strike, and appears to have a wider footprint than first anticipated.

In addition, several zones of arsenic anomalism to the west of the O'Connors target zone has been identified.