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A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Viking Mines has reported outstanding tungsten assay results up to 14.7% WO3 from surface sampling at its Nevada Linka Project, validating historical high-grade mineralisation across multiple sites. These findings underpin the company’s strategic push towards drilling and development in the US tungsten sector.

Viking Mines has entered a binding agreement to acquire six high-grade tungsten projects in Nevada, backed by a strategic investment from American Tungsten Corp and a $4.29 million capital raise. The acquisition marks a significant expansion into the critical US tungsten market amid rising global demand.

Viking Mines has completed a cutting-edge drone survey at its Linka Tungsten Project, integrating 1970s data with modern technology to fast-track exploration and permitting.

Viking Mines has secured a comprehensive historical dataset for its Linka tungsten project in Nevada, significantly cutting exploration time and costs. This strategic acquisition lays the groundwork for rapid 3D geological modelling and targeted drilling.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Viking Mines reports promising high-grade tungsten oxide assay results from its Linka Tungsten Project in Nevada, reinforcing the project's potential amid soaring global scheelite prices.

Viking Mines Ltd is set to acquire six tungsten projects in Nevada, including the historically productive Linka Project, supported by a $750,000 investment from American Tungsten Corp. This move positions Viking to tap into critical mineral demand amid soaring tungsten prices and geopolitical supply risks.

Viking Mines has expanded its gold discovery footprint at the Riverina East Project, recovering 120 nuggets and completing key drilling and surveys that reveal promising new structural targets.

Viking Mines has identified a significant gold-bearing zone at its Riverina East Project, recovering 120 gold nuggets and discovering a new east-west structural trend that could unlock high-grade mineralisation.

Viking Mines reports significant gold discoveries at its Riverina East Project, including a new large gold anomaly and high-grade drill intercepts, alongside a promising underground mining study at First Hit.

Viking Mines has completed an Underground Mining Study at its First Hit gold mine, defining an inferred underground resource of 12,400 ounces of gold and outlining plans for follow-up drilling at high-grade targets within its Riverina East Project.