Viking Mines (ASX:VKA) Reports Major Progress in Canegrass Metallurgical Testwork

September 11, 2024 12:24 PM AEST | By Aditi Sarkar

Viking Mines (ASX:VKA) Reports Major Progress in Canegrass Metallurgical Testwork — Image source: Company update

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Highlights

Viking Mines reported significant process in Canegrass metallurgical testwork, focusing on V₂O₅ extraction and titanium separation.

Recent testwork has produced 15 liters of vanadium solution for high-purity V₂O₅ flake and electrolyte.

Stage 3 testwork on an 82kg sample achieved notable V₂O₅ grades and recovery rates, with gold identified in the sulphide concentrate.

Ongoing testwork aims to optimise the process flow sheet and explore titanium and gold potential.

Australia-based mineral exploration company Viking Mines Limited (ASX:VKA) has provided an update on the ongoing metallurgical testwork progress at its Canegrass Battery Minerals Project. Located in the Murchison region, the project hosts a large JORC (2012) Global Inferred Mineral Resource Estimate (MRE) of 146Mt at 0.70% V₂O₅, 31.8% Fe & 6.6% TiO₂ (>0.5% V₂O₅ cut-off).

VKA has reported progress in the Canegrass metallurgical testwork, which focuses on improving V₂O₅ extraction, titanium separation, and sulphide concentration.

Roasting and leaching of a 5kg magnetic concentrate from the Stage 2 testwork has yielded 15 litres of vanadium solution, which is now being processed to produce high-purity V₂O₅ flake and electrolyte.

Additionally, stage 3 testwork processed an 82kg sample, producing concentrates with notable V₂O₅ grades and recovery rates, and identified gold in the sulphide concentrate.

The company is advancing metallurgical testwork for the Canegrass project to optimise the process flow sheet. Key objectives include producing high-purity V₂O₅, reviewing magnetic separation results, exploring gold potential, and investigating titanium liberation methods.

Shares of VKA last traded on 10 September 2024 at AU$0.010.

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