Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Viking Mines Limited ( (AU:VKA) ) has provided an announcement.
Viking Mines has completed phase one of high-resolution ground magnetic and gravity surveys at its Linka Tungsten Project, which successfully mapped geological controls and confirmed coincident gravity anomalies over known mineralisation at the Linka and Conquest prospects. The company has now expanded the survey area and commenced a second phase to refine its geological model and rapidly generate and rank new targets across the broader project area.
The gravity data, exploiting density contrasts between scheelite-bearing garnetite and surrounding host rocks, delineated multiple new high-priority gravity highs beyond existing prospects, while magnetics defined a large intrusive body associated with tungsten mineralisation and key north-east trending structures beneath volcanic cover. By integrating both datasets along an approximately 820-metre mineralised corridor and its interpreted extension under younger cover, Viking is positioning Linka for accelerated exploration in a favourable tungsten price environment, with potential implications for future supply into critical U.S. markets.
The most recent analyst rating on (AU:VKA) stock is a Hold with a A$0.02 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 ASX-listed mineral exploration company focused on advancing the Linka Tungsten Project. The company is targeting scheelite-bearing tungsten mineralisation hosted in garnetite, with a strategic aim to support U.S. supply needs for this critical mineral amid a rising tungsten price environment.
YTD Price Performance: 90.0%
Average Trading Volume: 29,129,833
Technical Sentiment Signal: Buy
Current Market Cap: A$46.05M
Find detailed analytics on VKA stock on TipRanks’ Stock Analysis page.

