Viking Mines Limited · ASX:VKA
Viking Mines — RIU Sydney Resources Round-Up 2025
22 slides from Viking Mines's conference presentation, May 6, 2025
Slide 1: Large Scale Gold Exploration at Riverina East
For personal use only Large Scale Gold Exploration at Riverina East 6th to 8th May 2025 ASX:VKA
Slide 2: Disclaimer & Competent Persons Statements
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 contained in t
Slide 3: Company Overview
Company Overview Corporate Snapshot Board and Management For personal use only ASX Code Share Price Shares on Issue VKA $0.008 1.328B (2 May 2025) Market Cap Cash Enterprise Value Charles Thomas Julian Woodcock Dr Julian Stephens Bevan Tarratt $10.8M $3.4M $7.3M Chairman Managing Director Non-Execut
Slide 4: Riverina East Gold Project
For personal use only RIVERINA EAST GOLD PROJECT 1 Diamond drill core shown is from hole VDD008 at the Riverina East Project 4 Viking Mines Limited ASX Release 24 June 2021 VIKING RECEIVES FIRST DIAMOND RESULTS & SIGHTS VISIBLE GOLD
Slide 5: Hunting Elephants in Elephant Country
Riverina East Project Hunting Elephants in Elephant Country Large land package in well-established gold province For personal use only Location • Centred around the 100% owned historic First Hit Gold Mine which hosts a high-grade MRE of 19koz at 7.0g/t Aui • Located 4km East of Ora Banda Mining’s (A
Slide 6: First Hit Mine
Riverina East Project First Hit Mine Historically Produced ~30koz Au at ~7.7g/t Aui, with 19koz at 7.0g/t Au remaining For personal use only • Closed in 2002 when the gold price was <US$325/oz (now 10x) • High-grade Inferred Mineral Resource of 83.8kt at 7.0g/t Au for 19.0k ouncesiii Unmined • Locat
Slide 7: Historic narrow vein high-grade drillhole FDH001
0.0 0.5 1.0 HISTORIC Narrow Vein High-grade mm DRILLHOLEi Visible Gold FDH001 – DRILLED IN 2001 0.0 0.5 1.0 mm For personal use only 0.0 0.5 1.0 mm 0.0 0.5 1.0 0.0 0.5 1.0 mm mm NQ Diameter Core 0.0 0.5 1.0 0 5 10 mm 0.0 0.5 1.0 cm mm ASX: VKA | vikingmines.com The weighted intercept value in the Fi
Slide 8: OBM Riverina Underground Mine Case Study
OBM Riverina Underground Mine Case Study Exploration analogue for Viking’s Zuleika Shear regional targets For personal use only 1.6m at 25.2g/t Au Ore Drive UG Main Lode - Long Section i. Riverina long section and photos from Ora Banda Mining’s (ASX: OBM) Corporate Presentation - Euroz Hartleys Conf
Slide 9: High Priority Targets
Riverina East Project High Priority Targets First Hit 30koz mined, 19koz Inferred MRE Bifrost Target 25km strike of Zuleika shear untested by bedrock drilling For personal use only OPPORTUNITY Riverina • Greenfields ground – no bedrock drill testing for >23km before Viking (ASX:OBM ) Long Central Du
Slide 10: Discovery Success With the Drill Bit
VKRC0083 Riverina East Project Bifrost Target TRAVERSE 4 27m at 0.4g/t Au incl. 1m at 2.9g/t Au 1m at 1.1g/t Au 1m at 1.5g/t Au 0.8km Discovery Success With the Drill Bit TRAVERSE 1 VKRC0068 For personal use only 17m at 1.1g/t Au incl. RESULTS 1m at 1.6g/t Au 2m at 3.1g/t Au 3m at 1.3g/t Au • 2 x la
Slide 11: Bifrost Target Traverse 2
Riverina East Project Bifrost Target Traverse 2i High grade veins in good host rocks with grade increasing with depth For personal use only ASX:VKA vikingmines.com i. Viking Mines (ASX:VKA) ASX Announcement 2 May 2025 – VKA Intersects High Grade Visible Gold in Riverina East 11
Slide 12: Bifrost Prospect – Traverse 1
Bifrost - Traverse 1 Large >400m long >40ppb gold anomaly For personal use only Chip samples from VKRC0068 and analysis results reported as g/t gold. 17m at 1.1g/t Au from 28m with higher grade intercepts up to 3.2g/t as annotated. Bifrost Prospect – Traverse 1i ASX:VKA vikingmines.com i. Viking Min
Slide 13: Central Duplex Target returning strong gold anomalies
3.2km Bifrost Riverina East Project Central Duplex Target Target Central Duplex Target returning strong gold anomalies For personal use only RESULTSi • 260m wide, strongly anomalous zone indicative of substantial mineralised fluid flow • Peak grades up to 1.5g/t Au (VKRC0155) • Structures identified
Slide 14: It's all about the scale
Riverina East Project It’s all about the scale KEY TAKEAWAYS For personal use only • Greenfields exploration next to multimillion ounce high-grade camps • The scale is huge but being systematically worked • Geochemistry delivering large gold anomalies and pathfinder elements (As, Bi, Te, Sb, W) • Wi
Slide 15: Viking Mines Advancing Projects to Add Value
Viking Mines Advancing Projects to Add Value Key Workstreams Investment Case For personal use only RIVERINA EAST GOLD PROJECT • Western Australian portfolio of Gold and Critical Mineral Vanadium projects near existing operations and infrastructure Ongoing aggressive exploration programme testing hig
Slide 16: Supplementary Information: Canegrass Battery Minerals Project
Supplementary Information: Canegrass Battery Minerals Project For personal use only An advanced Vanadium Project providing substantial opportunity in the growing long duration energy storage sector
Slide 17: Vanadium Critical, Industrial and Battery Mineral
Vanadium Critical, Industrial and Battery Mineral Established Critical Mineral with Massive Growth Potential For personal use only Market Supply i Significant advantages Total global supply ~120Kt vanadium pa over Li-Ion batteries 61% 17% 8% 5% 3% 6% China Russia South Africa Brazil USA Other Foreca
Slide 18: Canegrass Battery Minerals Project
Canegrass Battery Minerals Project • Significant Vanadium Resource, 100% owned For personal use only following recent Share Sale Agreement with Red Hawk Mining (ASK:RHK)ii • Located in Murchison Region with extensive infrastructure within 20km (including Windimurra Mine on care and maintenance) • Gl
Slide 19: Flow Sheet Optimisation Underway
Flow Sheet Optimisation Underwayi,ii,iii Value Adding Testwork to Unlock the Project Value Mining Crush/grind Magnetic Separation Tail Concentrate For personal use only • Flowsheet pathway established for Vanadium Production Iron (Fe) Sulphide Roasting • Residue Flotation High quality magnetic conce
Slide 20: Appendix – Vanadium Company Snapshot
Appendix 1 – Vanadium Company Snapshot VIKING MINES AUSTRALIAN VANADIUM VENUS METALS SUREFIRE RESOURCES NEOMETALS ATLANTIC PTY LTD COMPANY (ASX:VKA) (ASX:AVL) (ASX: VMC) (ASX:SRN) (ASX:NMT) (PRIVATE) For personal use only Murchison Technology Metals Australian Vanadium Victory Bore and Canegrass Pro
Slide 21: Appendix – Canegrass Mineral Resource Estimate
Appendix 2 – Canegrass Mineral Resource Estimate Global MRE i Cut-Off V2O5% JORC Tonnage V2O5 Fe Fe2O3 TiO2 Cu Ni Co Al2O3 SiO2 P P2O5 LOI V2O5 V2O5 Mt Mt Cu Ni Co Model Deposit (2012) Volume Density Tonnes For personal use only (Mt) % % % % % % % % % % % % T BLbs Fe TiO2 T T T Classification From T
Slide 22: For more information please contact
For personal use only For more information please contact: Julian Woodcock Managing Director & CEO P +61 8 6245 0870