Viking Mines Limited · ASX:VKA
Viking Mines — Investor Presentation (February 2026)
14 slides from Viking Mines's investor presentation, Feb 25, 2026
Slide 1: Securing America's Tungsten Future
For personal use only Securing America's Tungsten Future High-Grade, Past-Producing Assets in Nevada, USA INVESTOR PRESENTATION February 2026 ASX:VKA
Slide 2: Disclaimer & Competent Persons Statements
ASX:VKA Disclaimer & Competent Persons Statements Disclaimer This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have been prepared by Viking Mines Limited (Viking or the Company) and approved by the Board of the Company. The information contai
Slide 3: Investment Highlights
Investment Highlights For personal use only Strategic Focus Accelerating high-grade Nevada tungsten portfolio Target Meeting critical U.S. defense and industrial supply needs (REEShore Act 2026 deadline) Asset Linka Project – high-grade, brownfield skarn system Activity Rapid advancement towards dri
Slide 4: Company Overview
ASX:VKA Company Overview Corporate Snapshot Board and Management For personal use only ASX Code Share Price Shares on Issue VKA $0.013 2.334B Charles Thomas Dr Julian Stephens 23 February 2026 Chairman Non-Executive Director Market Cap Cash Enterprise Value $30.3M $5.2M $25.1M (Undiluted) as at 24 F
Slide 5: Why Tungsten? Why Now?
ASX:VKA Why Tungsten? Why Now? Critical Defence Perfect Speed For personal use only Vulnerability Market Timing to Market Zero Domestic Supply Critical Mineral Demand Proven History The USA relies 100% on Tungsten trading at all time highs Brownfields opportunity with imports (China controls ~85% on
Slide 6: Viking Nevada Tungsten Projects: Scale, Jurisdiction, and Infrastructure
ASX:VKA Viking Nevada Tungsten Projects: Scale, Jurisdiction, and Infrastructure USA Strategic Asset Acquisition Blue Moon Metals (TSXV:MOON) 100% acquisition of 6 tungsten projects For personal use only Springer Mine 2.1Mt at 0.5%WO₃ Historical Production in Top-Tier Location Proven production hist
Slide 7: Linka Project: Advanced Brownfields High-Grade Past Producer
ASX:VKA Linka Project: Advanced Brownfields High-Grade Past Producer Conquest Hillside Shaft Stockpile Surface Sample Linka Pit & Shaft A065181 Pit & Shaft; Inclined ~80ft 150ft level LKMET0001; 0.8%WO3 0.6% WO3 For personal use only 50ft & 100ft levels No levels mined Historic Mill Site & ROM Pad &
Slide 8: Linka Project: Conquest; Shallow & High-Grade
Linka Project: Conquest; Shallow & High-Grade High Quality • Exceptional grades and intervals from near surface e.g. For personal use only CR-02: 22.9m at 0.6% WO3 & CR-19: 12.2m at 1.3% WO3i • Outcropping mineralisation and high-grade surface samples up to 14.7% WO3 ii Opportunities • Shallow, high
Slide 9: Linka Project: Linka Main & Hillside
ASX:VKA Linka Project: Linka Main & Hillside Main Historical Producer For personal use only • Shallow open pit and 150ft (~46m) shaft with one level of workings • Thick high-grade underground channel sampling including; i 6.1m at 1.5% WO3 & 6.1m at 1.0% WO3 • Shallow, high-grade mineralisation; 8.5m
Slide 10: Linka Project: Massive Exploration Upside – The Tip of the Iceberg
ASX:VKA Linka Project: Massive Exploration Upside – The Tip of the Iceberg Depth Potential For personal use only Historical drilling averaged only ~40m; Interpreted buried Skarn system unconstrained by depth; intrusive. Geological contact between intrusion Extents unknown, estimated 5.5km and limest
Slide 11: Linka Project: Surface Advantage & Stockpile Potential
ASX:VKA Linka Project: Surface Advantage & Stockpile Potential Immediate Access For personal use only High-grade tungsten is outcropping and available in existing pit faces • Linka Main Pit: 1.0% WO3 over 8.5mi in channel sampling • Conquest Pit: Peak assays of 14.7% WO3 & 5.2% WO3ii Stockpile Strat
Slide 12: Accelerated Strategy for Rapid Development
Accelerated Strategy for Rapid Development Strategic Focus: With the REEShore Act 2026 deadline nearing, Viking is accelerating For personal use only toward rapid development to meet tungsten supply chain requirements Phase 1 Phase 2 Phase 3 Validation & Target Definition Resource Definition Develop
Slide 13: Building a District: Near-Mine and Regional Targets
ASX:VKA Building a District: Near-Mine and Regional Targetsi Alpine Project Ragged Top For personal use only Historic mining focused on Historic production grades of high-grade (>0.5%), leaving 1.0% WO₃ from surface skarns on unmined mineralisation third-party claim, with extensive Alpine Long behin
Slide 14: For more information please contact
For personal use only For more information please contact: Julian Woodcock Managing Director & CEO P: +61 8 6245 0870