Outback Goldfields Corp. to report that it has applied for an additional exploration license, central and contiguous to its Yeungroon property, Victorian Goldfields. Exploration licence (EL007701) comprises 3,700 hectares centered on the regionally prospective Avoca Fault system. EL007701 covers numerous reef-hosted gold occurrences over a 3 km north-south trend. Once granted, a thorough geological mapping, prospecting and soil sampling program will commence. Based on a review of all property and regional geological and geophysical data, numerous target areas were defined across the property. Many of these key targets are proximal to- and associated with the Avoca Fault system and associated splays. The area underlying EL0077001 was highlighted as it covers a significant section of the Avoca Fault system with numerous, reef-hosted gold occurrences hosted in Bendigo Zone rocks. Once granted, all occurrences will be systematically evaluated, and the entire Exploration Licence will be the focus of a geological mapping and geochemical sampling program. The application has been registered with the Earth Resources branch of the Victorian state government. Map of the existing Yeungroon tenements and the location of EL0077001 in relation to existing target areas; Golden Jacket and Wedderburn. Note: Au production values are historic estimates. The 698 km2 Yeungroon property is transected by the north-trending, crustal-scale Avoca fault, which separates the western Stawell zone from the Eastern Bendigo zone. The western side of the Yeungroon property contains the historic Golden Jacket hard-rock reef mine associated with the regional-scale, northwest-trending Golden Jacket fault. Historic mining records indicate the Golden Jacket mine produced quartz-rich ore with grades of up to 250 grams per tonne gold (Bibby and More, 1998) however, the vertical and lateral extent of mineralization has yet to be tested by drilling. The eastern side of the project is underlain by Ordovician rocks of the Castlemaine group and comprises the northern extent of the Wedderburn Goldfield, where numerous small-scale, historic alluvial and hard-rock mines are located.