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Viking Mines Limited ( (AU:VKA) ) has shared an update.
Viking Mines Limited has announced promising assay results from its infill auger drilling program at the Bifrost site, revealing a substantial gold anomaly over 400 meters long. This discovery, supported by overlapping arsenic anomalies, suggests the presence of a significant gold system. The results will guide further drilling efforts, with Phase 2 drilling already underway to explore the target more comprehensively. This development positions Viking Mines strategically within the gold-rich Zuleika Shear region, potentially enhancing its resource base and market standing.
More about Viking Mines Limited
Viking Mines Limited operates in the mining industry, focusing on gold exploration. The company is engaged in exploring and developing mineral resources, primarily targeting gold deposits. Its operations are concentrated on the Zuleika Shear, a region known for significant gold mineralization.
Technical Sentiment Signal: Buy
Current Market Cap: €5.44M
See more data about VKA stock on TipRanks’ Stock Analysis page.