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Viking Mines Limited ( (AU:VKA) ) has shared an update.
Viking Mines has mapped out an accelerated work program at its Linka Tungsten Project in Nevada, moving from data analysis to active development with a suite of metallurgical, processing, and engineering studies. The company aims to refine high-grade tungsten concentrate recoveries, design a modular rapid-start processing facility, and assess historical stockpiles and tailings for potential early-stage production opportunities.
Technical workstreams include advanced metallurgy, ore sorting trials with TOMRA, fine scheelite recovery tests, and a Mineral Technologies concept study to estimate initial capital and operating costs. Concurrently, Viking is finalising 3D geological models, initiating mapping and trench sampling, and planning a maiden drilling campaign in the June quarter, supported by permitting activities and baseline environmental studies.
Strategically, Viking is strengthening its U.S. presence through an OTC listing and DIBC membership to align with critical mineral supply initiatives. If successful, the program could de-risk the Linka Project, accelerate its pathway to production, and enhance the company’s positioning in the high-price tungsten market, with potential upside for investors and stakeholders in the critical minerals sector.
The most recent analyst rating on (AU:VKA) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Viking Mines Limited stock, see the AU:VKA Stock Forecast page.
More about Viking Mines Limited
Viking Mines Limited is an Australian-listed resources company focused on developing tungsten projects in Nevada, U.S., positioning itself within the critical minerals supply chain. The company is advancing its Linka Tungsten Project with an emphasis on low-capex, modular development to capitalise on historically high tungsten prices and growing U.S. strategic demand.
YTD Price Performance: 40.0%
Average Trading Volume: 25,965,772
Technical Sentiment Signal: Buy
Current Market Cap: A$33.93M
Find detailed analytics on VKA stock on TipRanks’ Stock Analysis page.