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Viking Mines Limited ( (AU:VKA) ) has shared an announcement.
Viking Mines Limited has reported encouraging results from its Riverina East Project, with a high-grade inferred mineral resource estimate and successful completion of a phase 1 drilling program at the Bifrost Target. The company has identified significant gold intercepts and anomalies, indicating potential for substantial gold deposits. With a strong cash position and a recent drill for equity agreement, Viking Mines is well-positioned to continue its exploration efforts and advance its regional greenfield targets, aiming to capitalize on the opportunities within the Zuleika Shear.
More about Viking Mines Limited
Viking Mines Limited is a company operating in the mining industry, primarily focusing on gold exploration. The company is engaged in exploring and developing gold assets, with a significant focus on the Riverina East Project in the Eastern Goldfields of Western Australia. Viking Mines aims to discover high-grade gold deposits and leverages its strategic location near existing operations and infrastructure.
Technical Sentiment Signal: Buy
Current Market Cap: €5.98M
For detailed information about VKA stock, go to TipRanks’ Stock Analysis page.