Viking Mines (ASX:VKA) Shines with High-Grade Tungsten at Linka Project

4 min read | February 24, 2026 01:38 PM AEDT | By Aditi Sarkar

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Viking Mines (ASX:VKA) Shines with High-Grade Tungsten at Linka Project — Image source: Company Update

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Highlights

The company has finalised the digitised Linka dataset, validating exceptional historical exploration.

Viking Mines has confirmed high-grade tungsten at Conquest, reinforcing Linka’s regional potential.

32 newly reviewed drillholes from the historic dataset deliver thick, high-grade intercepts, including 12.2m at 1.3% WO₃.

Viking advances toward maiden RC drilling in the June quarter to unlock Linka’s full potential.

Shares of Viking Mines Ltd (ASX:VKA) are rallying 7.69% to AUD 0.014 today, following a significant milestone in its exploration journey. The company has released the final tranche of digitised historical results from the Conquest area at its Linka Project in Nevada. The data confirms exceptionally high-grade tungsten mineralisation, highlighting the project’s substantial regional potential.

The 32 newly reviewed drillholes from the historic dataset reveal standout intercepts, including 12.2m at 1.3% WO₃, featuring a high-grade core of 1.5m at 4.8% WO₃, alongside multiple broad zones exceeding 20m. These results validate the scale and continuity of the skarn system at Conquest and strengthen the geological understanding of Linka.

Significant Drill Intercepts at Conquest include the following:

CR-19: 12.2m @ 1.3% WO₃ from 26.5m, incl.1.5m @ 4.8% WO₃ from 32.6m
CR-02: 22.9m @ 0.6% WO₃ from 19.8m, incl. 6.1m @ 1.2% WO₃ from 36.6m
CR-20: 22.9m @ 0.5% WO₃ from 15.5m, including 11.3m @ 0.6% WO₃ from 26.2m
CR-17: 10.7m @ 0.6% WO₃ from 14.0m
CR-07: 18.3m @ 0.5% WO₃ from 21.3m

Additional thick, moderate-grade intercepts were recorded in CR-16 (15.2m @ 0.3% WO₃ from 14m) and CR-15 (9.1m @ 0.4% WO₃ from 20.4m). Drilling intercepts are downhole intercepts, and the true thickness of mineralisation has not yet been established.

Reflecting on the development, Viking Mines MD & CEO, Julian Woodcock, said: "Finalising the digitisation of the Linka dataset, which now includes these thick, high-grade intercepts at Conquest, is another significant milestone achieved. We have consolidated a comprehensive digital record of the historical exploration that now validates the exceptional opportunities presented by this high-grade tungsten mineralised system.

With the U.S. defence industry facing a hard 2026 deadline to secure non-Chinese tungsten, the timing of these results is critical. We are moving rapidly toward our maiden drilling programme to support future U.S. tungsten independence.

Coupled with ongoing record tungsten prices, reaching US$1,800/mtu of APT, the timing of Vikings' acquisition presents an excellent opportunity to rapidly advance the Project for the benefit of our shareholders."

Policy Tailwinds Support Accelerated Development

Viking Mines noted that forthcoming changes to US tungsten procurement under DFARS from 2026 are set to tighten restrictions on material sourced from covered countries, reshaping global supply channels. In response, the company is accelerating its development strategy at Linka. The upcoming maiden drill program will prioritise shallow, high-grade mineralisation already defined by historical work, supporting potential early mining and positioning the project as a future domestic supply option for US defence and industrial demand.

What’s Next?

The company is currently integrating the full 70-hole dataset for geological evaluation to develop a comprehensive drilling program. Ongoing works include:

Integrating the full 70-hole dataset to complete geological evaluation and underpin a comprehensive drilling strategy.
Developing a 3D resource model to define the scale of the Linka and Conquest skarn systems.
Finalising gravity and magnetic surveys to map the 6km mineralised corridor.
Designing a targeted exploration programme focused on shallow, high-grade zones for rapid development.
Progressing federal permitting (NOI) ahead of the maiden RC drilling campaign planned for the June quarter of 2026.

With a Notice of Intent for federal permitting submitted and a maiden RC drilling campaign planned for the June quarter of 2026, Viking is moving decisively from data evaluation to active exploration. These high-grade results further underline Linka’s potential as a significant tungsten project in Nevada, positioning the company for its next stage of development.

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