InvestSMART

Viking Mines Limited (ASX:VKA)

ALERT: Price-sensitive ASX Announcement for VKA
Current share price for VKA : $0.009 -0.001 (-10%)+
Announcement
Release
2 Jul 2026 9:26AM
Price at Release
$0.010
Full Release
download
Summary
Viking Mines Limited announced the results from its tailings sampling programme at the Linka Tungsten Project in Nevada, USA. The sampling returned low residual tungsten grades, indicating that historical processing effectively recovered the majority of tungsten from the ore, which supports Viking's confidence in the project's processing characteristics. The thickness-weighted average grade from 52 samples was 0.03% WO3, with a maximum of 0.15%. These findings, along with recent metallurgical testwork that produced a 56.9% WO3 concentrate at 76% recovery, provide a positive metallurgical context for the Linka project. Viking Mines plans to commence maiden reverse circulation drilling to further investigate the primary tungsten mineralization system at Linka.
Key Points
  • Tailings sampling at the Linka Tungsten Project returned low residual tungsten grades.
  • Historical processing was effective in recovering the majority of tungsten.
  • The thickness-weighted average grade of the samples was 0.03% WO3.
  • Maximum grade found was 0.15% WO3.
  • Recent testwork produced a 56.9% WO3 concentrate at 76% recovery.
  • Maiden RC drilling scheduled to commence in July 2026.
  • Drill testing to focus on primary tungsten mineralization.
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.