Viking Mines

Viking Mines' assessment of available geological data and exploration targeting has confirmed that there is a substantial greenfields exploration opportunity at its First Hit Gold Project, WA. The southern 3km of the tenure has seen some localised areas of angled drill testing a 1.4km 14ppb gold in soil anomaly. Drilling has been effective at testing the bedrock and has in turn returned positive results confirming presence of high-grade #gold mineralisation 2km from the southern tenement boundary. These results warrant further follow up and will form part of the planned expanded 20,000m drill program. Learn more: https://loom.ly/AG_quks #VKA #ASX

Three near mine, high grade drill targets are to be tested as part of Viking Mines current drill programme at the First Hit #Gold Project scheduled to be completed in the December Quarter: • Jana’s Reward – testing along strike and down dip of 2022 drilling intercepts including 1m at 17.83g/t Au from 16m. • First Hit North– testing the northern continuation of the first hit structure 720m north of the First hit Gold Mine and the Camp 1 shoot, down dip of hole VKRC0023, 2m at 9.67g/t Au from 26m. • First Hit South – testing the southern continuation of the first hit structure 450m south of the First hit Gold Mine and up dip of hole VKRC0041, 1m at 7.66 g/t Au from 45m. #Drilling will step out from the historical, high-grade intercepts to determine the strike and dip of the mineralisation. Once this has been established, follow up drilling will occur as part of the Phase 2 programme. Discover more: https://loom.ly/AG_quks #VKA #ASX

#ASXNews Viking Mines is pleased to provide an update on exploration activities and progress of the recently commenced ~5,000m #drilling programme, which forms part of a larger expanded and anticipated multi-phase ~20,000m drilling programme. • Phase 1 drill programme ~46% complete with 2,670m and 25 holes drilled including: - Drilling at the Jana's Reward, First Hit North and First Hit South targets with 7 holes completed for 510m. - First drill traverse completed at the Northern Duplex Target with 16 holes completed for 1,920m. - Second drill traverse commenced at the Northern Duplex Target with 2 holes completed for 240m. • Shearing, biotite alteration and #silicification observed at the Northern Duplex target confirming the presence of the interpreted shear zones targeted for #gold potential. • Samples for all drilling completed to date delivered to the #laboratory with results anticipated in January. • Phase 1 drilling briefly paused due to repeated rainfall events in the Eastern #Goldfields and will re-commence early 2025. • Phase 2 drill programme planning underway to test the high-priority southern duplex #target in the March quarter FY25. • Immediate follow up drilling at the Northern Duplex target to be planned after the completion of the Phase 1 drill programme and the receipt of assay results. • First Hit Mineral Resource Estimate being undertaken by MEC Mining nearing completion and market update anticipated soon. #VKA Managing Director & CEO Julian Woodcock said: “I was recently on site to work with the team and review the drilling progress and the geology intercepted to date from the ongoing First Hit Project Phase 1 drill programme. "It is encouraging to see that the drilling has intersected significant shear zones with accompanying areas of alteration and sulphide mineralisation which confirms our interpretation of the presence of structures which are producing the repeating stratigraphy seen in the magnetic geophysics. "We are eagerly awaiting sample assays from the drill holes completed so far and look forward to updating the market with results in the New Year. "It is unfortunate that the recent weather events have briefly delayed the progress of the drilling, however the Board is confident in the decision to temporarily pause drilling activity to ensure both the safe operation of the team working in the field, and avoid costly standby charges whilst we wait for the ground conditions to improve. "With the resumption of drilling scheduled to commence on 6th January 2025, the delay is not significant, and we look forward to continuing the Phase 1 programme in the New Year.” VIEW the Announcement: https://loom.ly/acKdtgk #VKA #VikingMines #Gold #Mining

Julian Woodcock, Managing Director of Viking Mines was recently on site at the First Hit Gold Project, in the eastern goldfields of WA, where the Company commenced the 5,000m Phase 1 of its larger 20,000m RC drill programme. Standing at the Northern Duplex target, situated in the northern part of the Company’s 25km strike length of the Zuleika Shear, Julian provides an update on the Company's activities to unlock the potential of its high-grade #gold assets. View #VKA's latest updates: https://loom.ly/c4RYxHo #VikingMines #ASX #exploration #WAMining

Julian Woodcock, Managing Director, Viking Mines discusses the exciting developments at #VKA's First Hit Gold Project, in the Eastern Goldfields, WA. As announced 21 November, the 5000m drilling #program is underway focusing on two key parts. The first part of the drilling program will test a number of exciting #gold targets including: 🔸Jana's Reward, following up on 2m @18.71 g/t gold 🔸First Hit North, following up on 2m @ 9.67 g/t gold 🔸First Hit South, following up on 1m @ 7.66 g/t gold The second part of the program offers a huge opportunity for discovery with a first pass program along 25km of the Zuleika Shear that has seen little previous bedrock exploration #drilling, starting at the north priority target area. Hear more from Julian below, and view the 21 November Announcement: https://loom.ly/AG_quks #Investor #VikingMines #ASX #GoldNews #AussieGold #Gold

via Mining.com.au Viking Mines Managing Director, Julian Woodcock Joins Shae Russell to talk about the company’s First Hit #Gold Project located in the Eastern Goldfields of Western Australia, where phase one #drilling has just begun, and the plans are rapidly expanding. Watch the full interview: https://loom.ly/8Q0r8Zo #VKA #ASX #GoldExploration

Viking Mines has established a substantial land holding in the Eastern Goldfields Western Australia with granted tenure in the district now standing at ~283km², with additional tenement applications in process bringing the total land package to ~480km². At the core of the tenement holding is a 25km strike length fully encompassing the Zuleika Shear, which has seen very little modern #exploration. The First Hit #Gold Project #drilling programme, has subsequently increased 4x to ~20,000m, from the recent placement, to test high-priority targets along 25km of underexplored Zuleika Shear greenstone belt. Find out more: https://loom.ly/pJ8hgFs #VikingMines #VKA

via Kalkine Media Australia Viking Mines has outlined #gold drilling targets for its recently commenced ~5,000m #drilling program at the First Hit Project that is part of the multi-phase ~20,000m drilling program. The initial phase of drilling will focus on high-quality near mine targets and first pass drilling at high-priority zones along a 25km stretch of the Zuleika Shear. Read more ➡️ https://loom.ly/i0f_bKM #VKA #ASX #exploration

#ASXNews VIKING OUTLINES GOLD DRILL TARGETS AT FIRST HIT PROJECT Viking Mines is pleased to announce the target details for the recently commenced ~5,000m #drilling programme, which forms part of a larger expanded multi-phase ~20,000m drilling programme. • High quality near mine and greenfields #gold targets, prioritised for phased 20,000m drill programme. • Seven target areas throughout 25km strike of the Zuleika Shear comprised of: - Three high-priority, near mine gold targets following up high grade intercepts including 1m at 36.49g/t Au. - Three underexplored greenfields target areas (Duplex Targets) defined using structural targets and geochemical anomalies located along the Zuleika Shear. - >1.4km geochemical anomaly with historical RC drilling (drilled in the 1980’s) returning significant, high-grade results including 4m at 5.1g/t Au & 4m at 4.88g/t Au. • Extensive First Hit Gold Project drilling campaign now underway and fully funded with ~$5 million in cash. • Enhanced Company focus on exploring for high grade gold in an underexplored greenstone belt along the Zuleika Shear and proximal to significant processing infrastructure. #VKA Managing Director & CEO Julian Woodcock said: “I am very pleased to be able to share with the market the details and strategy for Viking’s aggressive drilling programme, designed to facilitate discovery of new gold deposits along the Zuleika Shear. “The significant 100% controlled land position which Viking has established encompasses >25km of the prolific Zuleika Shear which is host to multiple million ounce plus gold deposits and is immediately adjacent to Ora Banda Mining’s >1.3Moz Riverina-Mulline Camp and shares the same host geology. “The extremely limited previous drill testing over the Company’s controlled tenure, coupled with the strong geological and geochemical characteristics, presents a compelling basis for the substantial drilling programme the Company has commenced. “I look forward to providing updates to market as the drilling advances.” See the full announcement: https://loom.ly/AG_quks #VikingMines #ASX #MiningNews

Viking Mines has received binding commitments from investors to raise ~A$2.39 million (before costs) under a placement of fully paid ordinary shares. Proceeds from the Placement will boost #VKA’s financial position to ~A$5 million in cash reserves to fund #exploration activities. Viking is subsequently expanding the current #drilling program to up to ~20,000 metres of RC drilling at the First Hit Gold Project in the Eastern Goldfields, Western Australia. The initial ~5,000m phase of the drilling programme will be completed prior to the end of the December quarter, testing open targets proximal to the First Hit Mine and first pass drilling at high-priority zones along a 25-kilometre stretch of the Zuleika Shear, a well-recognised structural belt, known for its significant high-grade #gold endowment. Learn more: https://loom.ly/pJ8hgFs #VikingMines #VKA #ASX