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Viking Mines Limited (ASX:VKA)

ALERT: Price-sensitive ASX Announcement for VKA
Current share price for VKA : $0.010 0 (0%)+
Announcement
Release
30 Jul 2026 9:31AM
Price at Release
$0.010
Full Release
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Summary
The document reports on the completion of an independent concept processing study for Viking Mines Limited's Linka Tungsten Project, undertaken by Mineral Technologies. This study, which outlines a conventional modular processing pathway, is intended to guide Viking's upcoming maiden drilling campaign and further resource evaluation activities. The modular design allows for offsite fabrication to minimize on-site construction time, with an estimated 15-month timeline for procurement, fabrication, and assembly. The study establishes a technical basis for a potential Scoping Study, following the definition of a Mineral Resource. Key outcomes include an indicative mill capacity of 300,000 tonnes per annum and a conservative potential recovery of 60% scheelite into a 50% WO3 concentrate. Viking is advancing various workstreams in parallel, including metallurgy, commercial engagement, and site de-risking, to support project development.
Key Points
  • Independent concept processing study completed by Mineral Technologies for the Linka Tungsten Project.
  • Study provides a technical basis for the maiden drilling campaign and resource evaluation.
  • Modular plant design aims to reduce on-site construction time.
  • Estimated 15-month timeline for procurement, fabrication, and assembly.
  • Study supports progression towards a Scoping Study following Mineral Resource definition.
  • The plant's design capacity is 300,000 tonnes per annum.
  • Conservative recovery estimate of 60% scheelite into a 50% WO3 concentrate.
  • Viking advancing metallurgy, commercial engagement, and site de-risking in parallel.
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.