Viking Mines (ASX:VKA) expands Nevada tungsten footprint with new mining claims

Viking Mines has moved to consolidate its position in the United States tungsten sector with the expansion of its landholding across key projects in Nevada, increasing its total footprint to approximately 20km2 and securing interpreted extensions of known high grade systems at Linka, Ragged Top, Long and Terrell.

The additional staking follows a technical review of the project portfolios being acquired and is designed to capture prospective geological trends, historical workings and structural continuities that define the scale and potential of the district scale opportunity being assembled.

Highlights

• Total land package across the Company’s US Tungsten Projects expanded to approximately 20km2 of highly prospective tenure

• Additional claims at the Linka Project secure interpreted prospective horizons associated with a regional magnetic high and intrusive contact zones

• Staking at the Ragged Top Project captures historical workings located 1.9km to the northeast of the main mine

• Regional strike extensions secured at the Long and Terrell Projects, increasing exploration optionality

• Preparation progressing towards a Notice of Intent submission to Federal Agencies to support drilling permits across the expanded portfolio

The expanded land position places particular emphasis on the Linka Project, where new claims now encompass a prominent magnetic high identified in regional USGS datasets and interpreted as a potential source intrusion for the tungsten system.

The contact between this intrusive body and surrounding sedimentary units is identified as the primary target horizon for scheelite mineralisation, a setting consistent with skarn hosted tungsten systems observed in the district.

By extending the claim boundaries to cover both the magnetic anomaly and its interpreted contact zones, Viking has positioned itself to test the full geological context of the system rather than limiting its focus to the immediate historic workings.

Managing Director and CEO Julian Woodcock said the expansion provided strategic continuity across the Company’s most prospective assets, noting that

“by expanding our landholding we have secured the necessary room to grow across our most prospective USA tungsten projects. At Linka, we are now well positioned with claims secured and targeting the contact zones of a substantial magnetic high which we interpret is related to the source of the tungsten mineralisation.”

At Ragged Top, the newly staked ground extends beyond the historic mine to include documented surface workings located 1.9km to the northeast, indicating a broader mineralised footprint than previously recognised and highlighting the potential for multiple centres of tungsten mineralisation within the same structural corridor.

This step aligns with the Company’s stated objective of securing not only known high grade zones but also the surrounding geological architecture that may host additional mineralised shoots or parallel systems.

Further north and south along the broader trend, Viking has expanded its tenure at the Long and Terrell Projects by securing interpreted strike extensions of known mineralisation and surrounding ground around historic mine sites.

At Long, the additional claims extend along the projected mineralised trend, providing scope for regional scale exploration beyond the immediate mine environment, while at Terrell the broader land position is intended to support systematic modern exploration across the district rather than isolated target testing.

The technical work program outlined for the Linka Project reflects a transition from land consolidation to detailed evaluation.

Planned activities include the development of a metallurgical testwork flowsheet, commencement of sighter metallurgical testwork on high grade Linka Pit sample LKMET0004, high resolution aerial surveying, gravity and magnetic geophysical surveys, compilation of additional historical data and the evaluation of assays from due diligence sampling at the Linka Pit, Hillside Shaft, Conquest Pit and Ragged Top.

These datasets are intended to underpin drill hole planning in support of a Notice of Intent submission to Federal Agencies, a key regulatory step in securing approvals for drilling across the expanded portfolio.

In parallel, the Company continues its assessment of the other projects being acquired, indicating that the Nevada tungsten strategy is being built around a multi project pipeline rather than a single asset.

From an industry perspective, the consolidation of a 20km2 land package across multiple historic tungsten districts positions Viking within a broader trend of renewed interest in strategic metals supply chains in the United States.

While the current announcement is focused on tenure expansion and permitting pathways rather than resource definition, the systematic approach to securing intrusive contacts, strike extensions and historical workings establishes a coherent geological and regulatory platform from which modern exploration can proceed.

As Viking advances through metallurgical evaluation, geophysics and drill planning, the expanded footprint provides the spatial and technical flexibility required to test district scale tungsten systems within a single, contiguous portfolio.

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