Viking Mines provides update on Canegrass metallurgical testwork

Viking Mines Limited (ASX:VKA) has provided an update on the ongoing metallurgical testwork progress at the Canegrass Battery Minerals Project in the Murchison Region of Western Australia. The company has made significant advancements in the Canegrass Metallurgical Testwork, focusing on improved V2O5 extraction, sulphide concentration, and Titanium separation.

Executive commentary on metallurgical testwork progress

Building on the success of producing a V2O5 flake, the Stage 2 metallurgical testwork continues to refine the process targeting the production of both a high-purity electrolyte and high-quality flake > 99% purity V2O5. In parallel, Stage 3 testwork is well advanced, aimed at extracting additional value from the Canegrass Project to produce concentrates of Cu, Ni, Co, and Ti, using various processing methods on both the magnetic concentrate and non-magnetic tail. Of significance is the identification of gold reporting to the sulphide concentrate, providing a further valuable commodity within the Project warranting further investigation. These findings present additional opportunities, and we look forward to updating the market with further results from this programme as we continue to de-risk the Project and enhance value through this crucial testwork.

Summary of Canegrass metallurgical testwork update

Viking Mines has made significant progress in the Canegrass Metallurgical Testwork, with successful production of a V2O5 flake and ongoing refinement of the process to achieve high-purity electrolyte and flake. The Stage 3 testwork has revealed the potential for extracting additional value from the Canegrass Project, including the identification of gold in the sulphide concentrate, opening up new investigation opportunities. The company is focused on further enhancing and optimizing the potential process flow sheet for the Canegrass Project, aiming to achieve maximum potential value. Viking Mines is also actively pursuing the acquisition of the remaining stake in the Canegrass Battery Minerals Project, demonstrating its commitment to the project's development and future prospects.