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The latest announcement is out from Viking Mines Limited ( (AU:VKA) ).
Viking Mines has launched a multi-faceted field campaign at its Linka Tungsten Project in Nevada to quantify historical ore stockpiles and a tailings dam, targeting near “zero-mining-cost” material that could underpin rapid, low-capex production. Systematic sampling of tailings and stockpiles aims to establish grade, volume, and commercial potential, including options for toll treatment or pilot processing to generate early cash flow and offtake samples.
In parallel, the company is advancing metallurgical work after achieving a premium 63.6% WO3 concentrate from primary mineralisation, collecting additional samples for detailed comminution and OPEX testwork to support a conceptual processing study and modular plant design. Early field investigations are also ground-truthing the 3D geological model and geophysical targets ahead of detailed mapping, trenching, and a maiden drilling campaign scheduled for the June quarter, aligning project momentum with tungsten prices now above historic highs.
More about Viking Mines Limited
Viking Mines Limited is an Australia-listed resources company focused on developing the Linka Tungsten Project in Nevada, U.S.A. The company is advancing tungsten assets with an emphasis on low-capex, modular processing routes and near-surface resources such as historical stockpiles and tailings, positioning itself to benefit from record-high global tungsten prices and strategic demand for critical minerals.
YTD Price Performance: 40.0%
Average Trading Volume: 25,846,320
Technical Sentiment Signal: Buy
Current Market Cap: A$33.93M
See more insights into VKA stock on TipRanks’ Stock Analysis page.