InvestSMART

Viking Mines Limited (ASX:VKA)

ALERT: Price-sensitive ASX Announcement for VKA
Current share price for VKA : $0.012 0.003 (33.33%)+
Announcement
Release
19 Aug 2026 9:34AM
Price at Release
$0.009
Full Release
download
Summary
Viking Mines Limited has commenced its maiden reverse circulation drilling program at the Linka Tungsten Project in Nevada, USA, identifying significant scheelite (CaWO4) mineralization. The project, with historical production, aims for a brownfields restart utilizing existing infrastructure. Initial drillings revealed substantial disseminated scheelite zones, visually detected under UV light, with samples dispatched to ALS Laboratories in Reno for analysis. Viking Mines anticipates reporting assay results in 4-6 weeks. The project aligns with strategic interests due to tungsten's critical mineral status and upcoming U.S. policy changes.
Key Points
  • Viking Mines has started its maiden drilling program at the Linka Tungsten Project.
  • Significant scheelite mineralization has been identified visually using UV light.
  • Drilling includes historical sites with extensive infrastructure in place.
  • The Linka Project is part of a brownfields restart strategy.
  • Samples are being prepared for dispatch to ALS Laboratories in Reno, Nevada.
  • Assay results are expected in approximately 4-6 weeks.
  • The project benefits from tungsten's designation as a critical mineral in the U.S.
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.