Viking Mines secures drill contractors as exploration work begins at the First Hit Gold Project
The completion DD and AC program will allow Viking to quickly expand the knowledge of the First Hit project pipeline.
Company
ASX:VKA
Viking Mines is advancing a portfolio of high-grade tungsten projects in Nevada — a critical mineral the US urgently needs to secure domestically.
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The completion DD and AC program will allow Viking to quickly expand the knowledge of the First Hit project pipeline.
The new tenement is well placed, being only 11 kilometres SSE of the First Hit project and adjacent to Ora Banda Mining’s Riverina open pit mine and if granted, it will complement Viking’s new land position.
The company is seeking $2.3 million as it progresses its corporate strategies.
The halt will remain in place until Thursday 25th May 2017.
The halt will remain in place until Thursday 6th April 2017.
Sampling work has identified a new lepidolite pegmatite trend.
Viking Mines Ltd (ASX:VKA) has received applications for a $1.27 million placement to professional and sophisticated investors via the issue of shares at $0.0202 each.
Viking Mines Ltd (ASX:VKA) has been granted a trading halt by the ASX, pending details of a capital raising.