Viking’s big drill expedition has gold in mind
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Viking Mines has kicked off a major 65-hole drill program targeting five high-priority targets at its flagship First Hit gold project in WA’s Eastern Goldfields region.
The first target is First Hit North to follow up on the 1m at 13.52 grams per tonne (g/t) gold intersection at the VDD016 step-out diamond hole about 165m north of historical workings.
Other targets to be drilled by Viking Mines (ASX:VKA) include First Hit South, Jana’s Reward, Twin Peaks and Emerald North.
Managing director Julian Woodcock noted that that the Eastern Goldfields is a highly prospective and underexplored district that is characterised by narrow vein, high-grade deposits and that the minimal exploration conducted outside of the First Hit mine presented the company with excellent growth upside through well-planned and targeted programs.
“This is an exciting and comprehensive follow-up drill programme, with a key objective to discover additional mineralised shoots located along the First Hit structure to the north and south of the historic mine workings, in addition to testing for new parallel structures at the Twin Peaks and Jana’s Reward prospects,” he added.
“Drilling has commenced on schedule and we expect to ship the first batch of samples to the laboratory mid-October.
“This should see the first results being reported late-November subject to the laboratory turnaround times.”
Viking’s immediate focus is focused on the current drill program.
As such its priority works include:
This article was developed in collaboration with Viking Mines, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.