Outback Goldfields Corp. is a well financed exploration mining company having recently raised over $11 million. The Company has entered into an agreement to acquire a package of highly prospective gold projects located around the Fosterville Gold Mine in Victoria, Australia from Petratherm Ltd. (ASX: PTR). The transaction is anticipated to close in mid-December 2020 and exploration work to commence early in 2021. The goldfields of Victoria are home to some of the highest grade and lowest cost mining in the world.