Viking Mines Kicks Off Linka Tungsten Project

0:00Viking mines is pushing hard at its Lincoln tungsten project in Nevada, kicking off fieldwork to check out surface stockpiles and a big tailings dam, before a drilling push in the second quarter of the year. With global tungsten prices hitting a 90 year high, their eye and quick cash from these historical assets to jump on the boom. They're testing those stockpiles after earlier samples showed 0.8% tungsten trioxide, a solid low-cost source. At the same time, grid sampling on the tailings will size up its volume and value for fast processing or toll treatment. Managing Director Julian Woodcock says they've shifted from analysis to full-on development. Lincoln sits just 25 kilometers from Pile Mountain, the largest undeveloped tungsten project in the US, with over 12 million tons of resources. Mint labwork nailed a 53-fold upgrade to 63.6% concentrate, using simple gravity methods, perfect for stockpiles, and tailings if it pans out.

1:02Geologists are also verifying high-priority targets along an 820 meter mineralized corridor. Prices for ammonium pair tungstate just spiked to $3,185 per metric ton unit amid a supply crunch, putting Western sources like Lincoln in the spotlight. With a notice of intent filed for drilling and more sampling locked in, Vikings gearing up for a game-changing quarter that could unlock early, revenue flows. That's the story for today, Sydney News Today, Driven by AI.