Our US tungsten Investment Viking Mines (ASX: VKA | OTC: VKALF) just sold its non-core gold project in WA for up to $5M.

Once completed, VKA will receive:

• $1.2M upfront cash plus

• $1M in FAU shares, and

• Up to $2.8M in performance rights based on certain milestones.

For VKA, this moves off a project it has barely worked on for over 6 months, while also strengthening the balance sheet.

It also frees up VKA to focus on its Tungsten Project in Nevada.

Just as tungsten prices in the US are starting to run again.

Read the full article here: https://nextinvestors.com/quick-takes/vka-sells-wa-gold-project-for-up-to-5m-now-focused-on-us-tungsten-project/