Viking Mines Limited · ASX:VKA

Viking Mines — Viking Ashanti — Paydirt Gold Conference 2012

12 slides from Viking Mines's conference presentation, Apr 16, 2012

  1. Slide 1: Perth based gold explorer focused on Ghana in West Africa

    For personal use only An ASX listed, Perth based gold explorer focused on Ghana in West Africa Paydirt Gold Conference April 2012 www.vikingashanti.com

  2. Slide 2: Disclaimer and Competent Person's Statement

    Disclaimer and Competent Person’s Statement This presentation has been prepared by Viking Ashanti Limited ( hereafter referred to as Viking Ashanti). The information contained in this presentation is a professional opinion only and is given in good faith. For personal use only Certain information in

  3. Slide 3: Viking Ashanti Corporate Profile

    Viking Ashanti Corporate Profile For personal use only ASX Code: VKA Listed: May 2010 Shares on issue: 69.1 million 6 million unlisted options @ $0.345/share Major shareholders: Resolute Mining Ltd 33% Directors 14% Aus HNWI and UK/Europe specialist funds Cash (as at 1 Jan 2012): $2.4 million Market

  4. Slide 4: Ghana – Good as Gold

    Ghana – Good as Gold  Politically and socially stable For personal use only  Excellent mining infrastructure and services  25 year successful track record of modern mining  3Moz Au production in 2011 and increasing, ranks #2 in Africa and #9 in world  BUT increases in gold royalty and company t

  5. Slide 5: Project locations in southern Ghana

    Project locations in southern Ghana For personal use only  Strategic land position within highly prospective Ashanti Gold Belt  Close to roads, power, water, workforce  Major mining projects nearby 5

  6. Slide 6: Akoase East – Updated Resource

    Akoase East – Updated Resource Inferred resource: For personal use only 18.0 Mt @ 1.2 g/t Au for 704,000 oz Au Open at depth and to northeast 6

  7. Slide 7: Akoase East – Potential extensions

    Akoase East – Potential extensions For personal use only  Higher grade zone at Alimac, open to NE and at depth  Two soil geochem targets to test, each 1.5km strike length  1,200m target zone identified at Andy Hills 7

  8. Slide 8: Akoase East – Exploration upside

    Akoase East – Exploration upside For personal use only  Three new prospects identified  Soil geochemistry to define new targets at Akoase SE  6 strike km of 11 strike km structural corridor tested by drilling to date 8

  9. Slide 9: Project Location – West Star/Blue River

    Project Location – West Star/Blue River For personal use only  60km south of Tarkwa  Adjoins Endeavour’s Nzema mine  17 strike km of Salman Shear zone to explore 9

  10. Slide 10: West Star and Blue River projects

    West Star and Blue River projects For personal use only  Only 4 strike km of Salman shear zone drill tested so far  Numerous intersections in RC drilling on broad spaced lines  1,500m infill and extension drilling at two Blue River prospects 10

  11. Slide 11: West Star project – new drill targets

    West Star project – new drill targets For personal use only  Soil geochemistry highlights prospectivity of Salman Shear Zone  Multiple >200 ppb Au anomalies  Reconnaissance RC drilling on new priority targets planned 11

  12. Slide 12: Summary

    Summary For personal use only  New Akoase resource – 700,000 oz and growing  New multiple drill targets at West Star/Blue River  Ongoing drilling programs  Corporate acquisition strategy  Under-valued relative to peers 12

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