Viking Mines (ASX: VKA) advances Canegrass Vanadium Project, commences stage 2 metallurgical testwork - Kalkine Media

November 17, 2023 12:30 PM AEDT | By Sonal Goyal

Viking Mines (ASX: VKA) advances Canegrass Vanadium Project, commences stage 2 metallurgical testwork — Image source: Company website

Recent News

Macquarie Group (ASX: MQG) shares tumbled 1.9% as full-year profit dip...

What's behind Block Inc's (ASX: SQ2) share price surge on ASX today?

Asia FX on guard before payrolls data, yen rebounds amid likely interv...

VT Markets wraps up exclusive Monaco event

Highlights

Viking Mines has commenced stage 2 metallurgical testwork at Canegrass Battery Minerals Project.

ALS Metallurgy has been engaged to conduct the metallurgy testwork on 29 samples collected from the 7,500m drilling campaign at Canegrass.

The testwork aims to deliver a vanadium pentoxide flake through a series of process to generate and purify vanadium from ore samples.

Viking Mines Limited (ASX: VKA) has commenced stage 2 metallurgical testwork at the Canegrass Battery Minerals Project, Western Australia, to assess the metallurgical properties of 29 samples collected from the recent 7,500m drill campaign.

A two-stage process under the testwork is planned to initially produce a concentrate and then undertake processing to deliver a vanadium pentoxide (V₂O₅) flake.

Details of the 7,500m drill campaign

The drill program recently completed at the project infilled and extended the primary mineralised zones and assessed new target areas. The program expanded the mineralised zones, and the infill drilling confirmed the continuation of mineralisation.

Currently, a Mineral Resource Estimate upgrade is progressing for the project and results are expected soon.

More on stage 2 metallurgical testwork campaign

The Company appointed ALS Metallurgy to undertake the stage 2 metallurgical testwork. The teswork will be conducted on 29 one-metre samples obtained from the main intercept within hole VCRC0026, 29m at 0.80% V₂O₅, 36.6% Fe and 8.8% TiO₂, over a 0.5% V₂O₅ cut-off.

VKA is focused on optimising processes to produce a bulk concentrate which can be refined to generate a V₂O₅ flake.

The Company expects testwork to be concluded by late in the March 2024 quarter.

VKA shares traded at AU$0.011 apiece at the time of writing on 17 November 2023.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

5 ASX Companies Leveraging AI to Drive Growth in 2024