DRILLING EXTENDS PRIORITY TARGET ZONES AT LINKA

Key points

• Drilling extends priority target zones at Linka
• Significant visual intercepts of scheelite identified
• Assay results expected in 6-8 weeks
• Strong tungsten pricing supports potential for restart
• Drilling to resume mid-October

Full summary

Viking Mines Limited (ASX: VKA) reports further strong visual intercepts of scheelite in RC drilling at the Linka Tungsten Project in Nevada, USA. The drilling extends priority target zones and shows significant widths of scheelite mineralization identified visually through shortwave UV fluorescence. Notable intercepts include 22m over a 24m horizon from 55m and 10m over a 12m horizon from 70m. Assay results are expected in 6-8 weeks. The US tungsten environment is supportive, with strong pricing and government backing for domestic production.

Outlook

The Company's near-term workstreams include completing the maiden RC drilling program, reporting progress and assay results, ongoing metallurgical testwork, and identifying toll treatment options.