Viking Mines Limited

VKA.ASX

Materials

Gold and Lithium, Vanadium exploration in Western Australia. Tungsten exploration in Nevada, USA.

Market Data

Price

$0.011

+0.0%
Market Cap

$26.7M

P/E Ratio

-100000.0x

EPS

$-0.003

Div. Yield

0.00%

52-Week Change

-0.2%

Latest Earnings

Quarterly Report for the period ended 31 March 2026

24 April 2026

Viking Mines completed a transformational acquisition of six Nevada tungsten projects in Q1 2026, with the flagship Linka Project delivering exceptional exploration results including high-grade intercepts up to 4.8% WO₃ and metallurgical testwork achieving a 63.6% WO₃ concentrate. The company has secured strong partnerships with Mineral Technologies and WSP USA to accelerate development, with maiden drilling planned for Q2 2026 and a robust cash position of $4.68M supporting rapid advancement toward production. Key points: Completed acquisition of six Nevada tungsten projects with six-month binding Terms Sheet; $750k strategic investment from American Tungsten Corp validating the asset quality; Flagship Linka Project demonstrates exceptional high-grade mineralisation: CR-19 returned 12.2m @ 1.3% WO₃ including 1.5m @ 4.8% WO₃; mineralised corridor expanded to 1.6km strike length with significant untested depth potential; Metallurgical testwork achieved 63.6% WO₃ saleable concentrate with 42.4% recovery and combined gravity-flotation recovery of 83.8%, demonstrating strong processing potential and economic viability pathway

Recent Announcements

24 Apr 2026 Actual Results Positive

Quarterly Report for the period ended 31 March 2026

Viking Mines completed a transformational acquisition of six Nevada tungsten projects in Q1 2026, with the flagship Linka Project delivering exceptional exploration results including high-grade intercepts up to 4.8% WO₃ and metallurgical testwork achieving a 63.6% WO₃ concentrate. The company has secured strong partnerships with Mineral Technologies and WSP USA to accelerate development, with maiden drilling planned for Q2 2026 and a robust cash position of $4.68M supporting rapid advancement toward production. Key points: Completed acquisition of six Nevada tungsten projects with six-month binding Terms Sheet; $750k strategic investment from American Tungsten Corp validating the asset quality; Flagship Linka Project demonstrates exceptional high-grade mineralisation: CR-19 returned 12.2m @ 1.3% WO₃ including 1.5m @ 4.8% WO₃; mineralised corridor expanded to 1.6km strike length with significant untested depth potential; Metallurgical testwork achieved 63.6% WO₃ saleable concentrate with 42.4% recovery and combined gravity-flotation recovery of 83.8%, demonstrating strong processing potential and economic viability pathway

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