- MEC Mining has been appointed to conduct an updated JORC mineral resource estimate (MRE) on the Canegrass project.
- Updated MRE would be conducted on the Fold Nose and Kinks deposit.
- Maiden MRE would be undertaken for the Kinks South Target area.
- Viking Mines’ ~7,500m drill program on Canegrass Battery Minerals Project has delivered consistent thick high-grade intervals of vanadium pentoxide at all MRE areas.
Viking Mines Limited (ASX: VKA) has commenced mineral resource estimate (MRE) update for the Canegrass Battery Minerals project with the appointment of MEC Mining, an independent consultant.
The company recently concluded a ~7,500m drilling program, which focused on extending and growing the existing MRE for the Kinks and Fold Nose deposits. Updated MRE would be undertaken for both the Kinks and Fold Nose deposits.
At the Kinks South Target, thick zones of mineralisation were intersected, which offers the opportunity to conduct a maiden MRE and contribute to the overall MRE of the Canegrass project.
The updated MRE is targeted to be completed in the December quarter.
Data source: Company update
VKA shares traded at AU$0.010 apiece at the time of writing on 6 October 2023.