The targets at Viking Mines’s (ASX:VKA) Canegrass and Narndee projects in Western Australia offer opportunities for gold mineralisation beyond the vanadium mineralisation already defined.
A recent auger soil sampling program comprised 415 auger holes over 7km strike at Narndee and a further 250 holes over 1.7km strike at Canegrass. The samples are being analysed for gold and multi-elements, with results expected towards the end of this quarter.
Viking Mines, which has a market capitalisation of $10.62 million, says the areas assessed were targeted due to the presence of regional structures and lack of prior sampling for gold.
At Narndee specifically, there is the presence of gold discovered by the prospectors since the company has held the tenure.
CEO Julian Woodcock says the region has a long history of gold mining, with previous exploration at Narndee returning gold nuggets in prospector workings.“
Whilst the projects are at an early target generation stage, we look forward to receiving the results later in the quarter and, if successful, defining gold anomalies for follow-up targeting,” the CEO says.
Viking notes it has no additional information on the nuggets collected other than the location, quantity, and weight as reported to the Department of Energy, Mines, Industry Regulation and Safety.
Viking Mines is a battery minerals and gold explorer with assets in Western Australia. The company’s assets include the First Hit Gold and Canegrass Battery Minerals projects.
The company will be exhibiting at next week’s RIU Explorers Conference in Fremantle, Western Australia.
Mining.com.au will also be attending this year’s event.
Write to Aaliyah Rogan at Mining.com.au
Images: Viking Mines
