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Highlights
- Viking Mines has resumed drilling at its First Hit Gold Project after a pause due to unseasonably high rainfall in mid-December.
- The resumed Phase 1 drill program will see the completion of the remaining 3,120m of the planned ~5,750m reverse circulation (RC) drilling program.
- Drilling has resumed at the Northern Duplex target, with drillhole VKRC0112 completed and work underway on VKRC0111.
- Viking Mines’ tenure covers ~283km² of granted land, with applications in progress to expand the land package to ~480km².
Viking Mines Limited (ASX:VKA) has resumed its Phase 1 drilling program at the First Hit Gold Project in the Eastern Goldfields of Western Australia. The program had been temporarily paused in mid-December due to heavy rainfall. The drilling will now proceed to complete the remaining 26 holes covering 3,120m of the planned ~5,750m reverse circulation (RC) drill program, which is expected to be finalised this month.
This drilling aligns with VKA’s strategy to unlock the full potential of its high-grade gold assets.
Details of the drilling program
Drilling has resumed at the second drill traverse at the Northern Duplex target, located within the northern segment of VKA’s 25km Zuleika Shear strike length. Recent progress includes the completion of drillhole VKRC0112, with the drill rig now moving to VKRC0111.
First and second drill traverses over the Northern Duplex Target.
Image source: Company update
The Phase 1 program is part of a broader effort, envisioning ~20,000m of drilling at the project along the Zuleika Shear. The drilling area is located near the Riverina-Mulline Camp of Ora Banda Mining, which reported a resource exceeding 1.3Moz.
Viking Mines currently controls ~283km² of granted tenure in this prolific gold district. Notably, additional tenement applications are underway and are expected to expand the land package to ~480km².
VKA shares traded at AU$0.008 per share on 8 January 2025.
