Viking pockets up to $5M from asset sale to supercharge US tungsten
Viking Mines raised up to $5 million by selling its First Hit gold project in Western Australia to ASX-listed First Au. The immediate cash impact includes $2.2 million upfront and potential performance payments of $2.8 million tied to exploration milestones. This divestment allows Viking to fully focus on its Linka tungsten project in Nevada, expected to advance.
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Published 29 Jun 2026, 05:56 UTC · Updated 29 Jun 2026, 06:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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