Viking Mines Limited (AU:VKA) has released an update.
Viking Mines Limited has reached a pivotal achievement in their Canegrass Battery Minerals Project by successfully producing vanadium pentoxide (V2O5) flakes, marking a significant advancement towards a vanadium production flowsheet. The company has commenced Stage 3 metallurgical testing to improve the extraction process and explore the potential for multiple revenue streams from various minerals. With a solid cash position of $3.9 million, Viking Mines is poised to further the project’s development and enhance shareholder value.
For further insights into AU:VKA stock, check out TipRanks’ Stock Analysis page.
