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Viking Mines Limited (ASX:VKA)

ALERT: Price-sensitive ASX Announcement for VKA
Current share price for VKA : $0.010 -0.001 (-9.09%)+
Announcement
Release
10 Jun 2026 9:52AM
Price at Release
$0.011
Full Release
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Summary
Viking Mines Limited has achieved a significant improvement in their metallurgical testwork at the Linka Tungsten Project, with the tungsten recovery rate increased to 76.0% from a previous 59.8%. This improvement was achieved through optimization of combined gravity and cleaner flotation circuits, resulting in a 56.9% WO3 concentrate grade. The company's Managing Director highlighted this achievement as a step towards a low-capital development project. The results are part of an ongoing conceptual processing study with Mineral Technologies, aiming to provide capital and operating cost estimates. Viking Mines is also prepared to commence a maiden drilling program to further advance the project efficiently.
Key Points
  • Linka Tungsten Project recovery improved to 76.0% at 56.9% WO3 grade.
  • Combined gravity and flotation recovery increased from 59.8% to 76.0%.
  • Project aims for low-capital development using proven technologies.
  • Results feed into a conceptual processing study for capital/operating cost estimates.
  • Maiden drilling program scheduled for June 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.