Announcement Date: 2023-08-24
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Viking Mines Ltd.
Project name: Canegrass
Location: Australia
Commodities: Vanadium
Highlight: Drilling results incl. 40m at 0.75% V from 202m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Viking Mines Ltd (ASX: VKA) (“Viking” or “the Company”) is pleased to provide an update on assay results received from drilling recently completed at the Canegrass Battery Minerals Project (“the Project” or “Canegrass”), located in the Murchison region of Western Australia. The Company drilled eight target areas focussed on extending and growing the already substantial Inferred Mineral Resource Estimate (MRE) of 79Mt at 0.64% V2O51 estimated at the Fold Nose and Kinks deposits. Drilling at the Kinks MRE target area has now returned thick high-grade zones of vanadium mineralisation (reported as V2O5) at the Western extents of the Mineral Resource. The results correlate with historical drilling, which has occurred since the last MRE update and has not yet been included into the Mineral Resource.
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