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Viking Mines (ASX:VKA) completes phase two drilling at First Hit

Mining
ASX:VKA      MCAP $11.27M
16 June 2021 13:20 (AEST)
Viking Mines (ASX:VKA) - CEO and Managing Director, Julian Woodcock

Source: Resources Roadhouse

Viking Mines (VKA) has completed phase two diamond drilling at the First Hit Project in Western Australia.

The 28-square-kilometre First Hit Project lies 50 kilometres west of Menzies and consists of six active mining and prospecting licences and one exploration licence.

All up, 19 holes, for 3924 metres, were drilled under the phase one and two programs which aimed to test down plunge extensions of the mineralisation.

A total of 967 samples were sent to Kalgoorlie for analysis and the first batch are currently undergoing QAQC verification and consolidation.

The lab has claimed an eight-week turnaround time, however, Viking is liaising with the lab to ensure results are received as soon as possible.

“I am pleased to be able to report to the market that the phase two diamond drill program has been completed,” CEO and Managing Director Julian Woodcock said.

“All core has been shipped from site and the final batches are being processed for delivery to the laboratory.”

Viking has now engaged specialists in geological modelling and interpretation to incorporate the data to better understand the cause of the mineralisation.

Shares in Viking were steady on the market and were trading at 2.8 cents at 2:15 pm AEST.

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