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Viking Mines Limited ( (AU:VKA) ) has issued an update.
Viking Mines has acquired a comprehensive historical technical dataset for its Linka tungsten project in Nevada for US$35,000, a fraction of the estimated more than A$1 million it would cost to replicate through new drilling. The package covers about 2,816 metres of historical drilling across 68 holes, along with detailed cross-sections, maps, and records of underground workings, giving Viking immediate insight into high-grade zones and enabling rapid 3D geological modelling and planning of validation drilling to bring the project toward JORC-compliant standards, significantly reducing time, capital requirements and exploration risk for stakeholders.
The most recent analyst rating on (AU:VKA) stock is a Hold 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 Ltd is an ASX-listed exploration and mining company focused on developing mineral projects, including the Linka tungsten project in Nevada, USA. The company targets high-value mineral systems and leverages technical data and modern exploration methods to fast-track project evaluation and resource definition.
Average Trading Volume: 27,830,515
Technical Sentiment Signal: Sell
Current Market Cap: A$17M
For detailed information about VKA stock, go to TipRanks’ Stock Analysis page.