Viking Mines Reports Progress on Nevada Tungsten Portfolio with Strong Financials
Viking Mines Limited achieved significant milestones in its Nevada tungsten strategy, highlighted by a strong cash position of $4.68 million. The company is advancing its Linka Project, with promising exploration results and upcoming drilling scheduled for June 2026.
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Viking Mines Limited (ASX:VKA) has made notable advancements in its Nevada tungsten portfolio, acquiring a 100% interest in high-grade assets. The Linka Project's mineralised corridor target strike length has expanded to approximately 1.6 kilometres, with high-grade drill results including 12.2 metres at 1.3% WO3.
Surface sampling at the Conquest pit yielded assays up to 14.7% WO3. Additionally, initial metallurgical tests produced a 63.6% WO3 scheelite concentrate. The company's cash position stands at $4.68 million, supporting its fast-track development strategy. Strategic partnerships and planned drilling in June 2026 are expected to bolster operational efficiency and advance project timelines.
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