Announcement PDF ASX ANNOUNCEMENT 12 November 2026 ASX:VKA OTC:VKALF vikingmines.com 15-17 Old Aberdeen Place West Perth, WA, 6005 P +61 8 6245 0870 F +61 8 9322 5230 contact@vikingmines.com 1 VIKINGS ASSAYS CONTINUE TO CONFIRM HIGH-GRADE TUNGSTEN MINERALISATION AT LINKA • Further assays received for the Linka Tungsten Project in Nevada, USA, including: • 9.9m at 0.51% WO3 from 58.7m, including 3.8m at 0.77% WO3 (peak sample 1.10% WO3) – LKRC0016. • 3.8m at 0.79% WO3 from 57.9m, including 1.5m at 1.10% WO3 – LKRC0009. • 7.6m at 0.33% WO3 from 18.3m, including 0.8m at 1.86% WO3 (the highest grade sample drilled at Linka to date) - LKRC0007. • 12.2m at 0.20% WO3 from 48.8m, including 4.6m at 0.29% WO3 from 48.8m, extending mineralisation below the historic workings – LKRC0017. • Assays continue to spatially align with mineralised scheelite bearing zones logged under shortwave UV lightii . • To date, assays have been received for fourteen holes at Linka Main, collectively confirming skarn-hosted scheelite mineralisation from near surface and extending below the historic workings. • Drilling completed and drill-rig demobilised with 48 RC holes drilled in total in Vikings Maiden RC program at Linka for ~3,491m. • Additional mineralised zones observed in RC chips with final logging and evaluation underway ahead of reporting visible intercepts. • All samples now delivered to the laboratory for analysis, with results expected throughout December 2026. Viking Mines Limited (ASX: VKA, OTCID: VKALF) ("Viking" or "the Company") is pleased to report the third batch of assay results from its maiden reverse circulation (“RC”) drilling programme at the Linka Tungsten Project in Nevada, USA. Assays have been received for nine further holes at Linka Main, with significant tungsten mineralisation hosted in tactite (skarn) confirmed in multiple holes. Viking Mines Managing Director & CEO Julian Woodcock said: “These assay results continue to confirm the high-grade nature of mineralisation evident at Linka Main. Receiving results such as 9.9m at 0.51% WO3 and individual assay results exceeding 1% WO3 reinforces the opportunity Viking has to define a quality tungsten project in the heart of Nevada. “Now that we have completed the maiden drill program, we are focussed on completing the logging and initial evaluations of visual intercepts ahead of obtaining assay results. “All samples have been delivered to the laboratory, and I am looking forward to receiving the results for the remainder of the drill program, with the next batch of assays expected in December.” 2 ASX:VKA | OTC:VKALF | vikingmines.com ASSAY RESULTS Assay results have been received from ALS Laboratories for nine further holes at Linka Main (Table 1 and Figures 1 to 3). Tungsten mineralisation has been encountered in seven of the nine holes (see detailed descriptions below) and is hosted in tactite (skarn). Results correspond closely to the zones of scheelite logged under shortwave UV light during drillingii . Two holes did not return any significant assay results, as was anticipated from visual intercept logging. Table 1: Newly received drillhole intercepts for the Linka Tungsten Project. Intervals are downhole lengths. Refer to Appendix 1 for the full list of assay results. Hole ID From (m) Interval (m) Estimated True Width (m) WO3 % Cut-Off Grade WO3 % LKRC0009 57.9 3.8 3.1 0.79 0.10 including 60.2 1.5 1.2 1.10 1.00 LKRC0015 110.5 1.5 1.1 0.17 0.10 LKRC0016 58.7 9.9 8.1 0.51 0.10 including 58.7 3.8 3.1 0.77 0.50 LKRC0017 48.8 12.2 11.2 0.20 0.10 including 48.8 4.6 4.2 0.29 0.20 LKRC0007 18.3 7.6 7.6 0.33 0.10 including 24.4 0.8 0.8 1.86 0.50 LKRC0011 22.9 2.3 1.5 0.30 0.10 LKRC0012 15.2 3.0 1.9 0.13 0.10 and 29.0 3.0 1.9 0.22 0.10 and 37.3 1.5 1.0 0.20 0.10 Downdip extensions – LKRC0009, LKRC0015, LKRC0016 & LKRC0017 LKRC0009 (Figure 1) returned a high-grade intercept of 3.8m at 0.79% WO3 from 57.9m, including 1.5m at 1.10% WO3 from 60.2m, at the predicted target position. This demonstrates mineralisation occurring ~80m up dip of historical hole LR-02 (2.7m at 0.37% WO3)v – and ~30m down dip from historical mining activity, confirming continuation of mineralisation below the historic 150ft mining level. LKRC0016 (Figure 2) returned a significant 9.9m at 0.51% WO3 from 58.7m, including 3.8m at 0.77% WO3 from 58.7m, with individual samples grading up to 1.10% WO3. This intercept is higher grade than the surrounding historical drillholes and raises the possibility of under reporting of grade in the historical data. The historical results have not been verified, and differences may reflect geological variability, sampling or analytical methods such as potential for incomplete digest. Further evaluation is required to ascertain the cause of the variance identified. LKRC0017 (Figure 2) returned 12.2m at 0.20% WO3 from 48.8m, including 4.6m at 0.29% WO3 from 48.8m (with individual samples grading up to 0.39% WO3) and tested immediately below the historical development on the 150ft level and up dip of LKRC0016 and LKRC0005. This hole further demonstrates continuity of mineralisation between the historic workings and the high- grade intercepts of LKRC0016. LKRC0015 (Figure 2) extends the mineralisation envelope down dip further still, intercepting a thin skarn horizon of 1.5m at 0.17% WO3 from 110.5m approximately 70m down dip along the projected plane of mineralisation, leaving the system open at depth. 3 ASX:VKA | OTC:VKALF | vikingmines.com Figure 2; Cross section B showing holes LKRC0015, LKRC0011, LKRC0016 & LKRC0017. Note thick and high-grade intercept downdip from the historic workings and hole LKRC0015 extending mineralisation to depth which remains open. Figure 1; Cross section A showing holes LKRC0009 and LKRC0007. Note high-grade intercept in LKRC0009 downdip from the historic workings and remaining open at depth. Shallow intercepts in LKRC0007 support results previously reported in hole LKRC0003 for shallow mineralisation remaining in the crown pillar below the open pit and above the historic underground workings. 4 ASX:VKA | OTC:VKALF | vikingmines.com Shallow Mineralisation in the Crown pillar – LKRC0007 & LKRC0011 LKRC0007 (Figure 1) drilled into the crown pillar above the historic stopes and returned 7.6m at 0.33% WO3 from 18.3m, including a single 0.8m sample grading 1.86% WO3 from 24.4m. This hole highlights that significant high-grade shallow mineralisation was left behind by historic miners as well as the potential for localised ultra high-grade mineralised lenses. LKRC0011 (Figure 2) returned 2.3m at 0.30% WO3 from 22.9m again indicating high-grade mineralisation was left behind in the crown-pillar. This hole was drilled along strike to the south of LKRC0007 and, although a thinner intercept, correlates with the Company’s geological model predicting a localised pinching of the mineralisation. Southern strike Extensions – LKRC0012 LKRC0012 extends mineralisation south from the known historic workings (also along strike to the south of LKRC0011) and returned a number of mineralised intervals including 3m at 0.13% WO3 from 15.2m, 3.0m at 0.22% WO3 from 29.0m and 1.5m at 0.20% WO3 from 37.3m. The hole also demonstrated a more complex intrusive relationship than had been previously recognised, which presents the opportunity for multiple mineralised lodes. Other Holes – LKRC0008 & LKRC0010 LKRC0010 was drilled to test shallow mineralisation in the crown pillar above historic workings. The hole encountered a 3.0m void at the target depth, indicating that the historic workings may have been intercepted. As such no mineralised intercept was encountered. LKRC0008 was drilled testing to the east of LKRC0009. No significant assays were returned and minor skarn was noted at the monzonite contact, however samples were mineralised at low levels indicating the system is still active, just without significant tungsten grades. Work is ongoing to ascertain implications for the geological model and vectoring towards higher grade zones including evaluating any plunge controls that may be linked to the host stratigraphy. Under reporting of tungsten grades - Updated results for LKRC0005 and LKRC0006 Samples of the mineralised intervals from LKRC0006 and LKRC0005 were re-assayed after two standard certified reference materials in the original batch returned a value outside of 3 standard deviations from the certified mean. The re-assays returned higher tungsten grades for the affected samples and supersede the originally reported results (Table 2) whilst the main intercept lengths and their estimated true widths are unchanged. Standards in the re-assayed batch passed QAQC within the required levels. Table 2: Updated intercepts for LKRC0005 and LKRC0006 following re-assay. Intervals are downhole lengths. Estimated true widths of ~16m and ~11m respectively are unchangedi . Re-assay results supersede the results reported on 24 September 2026. Hole ID Interval As reported 24 September 2026i Updated (re-assay) % Change LKRC0005 18m from 62m 0.42% WO3, including 3m at 0.75% WO3 from 73m 0.47% WO3, including 4m at 0.76% WO3 from 72m +12% LKRC0006 13m from 70m 0.46% WO3, including 4m at 0.70% WO3 from 70m 0.53% WO3, including 6m at 0.77% WO3 from 70m +15% The under reporting is interpreted to be related to losses of tungsten in the final steps of the analytical method prior to the MS finish due to precipitation of tungsten, resulting in an 5 ASX:VKA | OTC:VKALF | vikingmines.com incomplete analysis. The Company’s QAQC procedures identified the issue. Its extent and implications for other reported results remain under evaluation pending further analysis. The Company is closely monitoring assay results as they are received and liaising with the laboratory to ensure accurate and precise reporting of results. Tungsten losses may cause under- reporting; however, the extent of any bias and any resulting grade changes remain subject to confirmatory analysis. Once all assays have been received for the complete drill program, mineralised intervals will be re-assayed using a more accurate and precise ore grade analysis method with an XRF finish to ensure accurate and precise results are received. DRILLING UPDATE The maiden drilling program has now been completed with a total of 48 holes for ~3,491m drilled. Visible scheelite intervals in LKRC0021 and LKRC0022 were reported on 20 October 2026iv , with assay results expected late November/early December. Samples from the remaining holes drilled have been collected and delivered to the laboratory for analysis, with results anticipated throughout December. Detailed logging and evaluation are being completed, with further visual intercepts anticipated to be reported in the near future. NEXT STEPS The Company’s near-term workstreams for the Linka Tungsten Project include: • Completion of logging and reporting of visual intercepts of scheelite intercepts. • Reporting of assay results. • Re-analysis of mineralised intervals with an XRF ore grade finish method upon completion. • Updating the Company’s 3D geological model with assay results, including estimated true widths for the intercepts reported in this announcement. • Ongoing metallurgical testwork on samples from Conquest, Hillside and the Linka stockpile, including the second round of ore sorting testwork with TOMRA. • Identification of toll treatment options for the approved 900t bulk sample. END This announcement has been authorised for release by the Board of the Company. Julian Woodcock Managing Director and CEO Viking Mines Limited For further information, please contact: Michaela Stanton-Cook - Company Secretary Viking Mines Limited +61 8 6245 0870 Learn more about Viking Mines via our investor hub here. 6 ASX:VKA | OTC:VKALF | vikingmines.com i ASX announcement 24 September 2026: Tungsten assays confirm thick intercepts at Linka. ii ASX announcement 17 September 2026: Drilling extends priority target zones at Linka. iii ASX announcement 10 September 2026: Maiden Linka drilling delivers exceptional tungsten intercept: 14 metres @ 0.56% WO3. iv ASX announcement 20 October 2026:Viking intercepts wide zones of visible scheelite at Linka. v ASX announcement 19 February 2026: VKA advances Linka results via historical data digitisation. Information in this announcement that relates to Exploration Results previously reported is extracted from the ASX announcements referenced above, which are available at vikingmines.com. Other than the re-assay results for LKRC0005 and LKRC0006 reported in this announcement, the Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements. Competent Persons Statement – Exploration Results Information in this release that relates to Exploration Results is based on information compiled by Mr Julian Woodcock, who is a Member of the Australian Institute of Mining and Metallurgy (MAusIMM(CP) – 305446). Mr Woodcock is a full-time employee of Viking Mines Ltd. Mr Woodcock has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Woodcock consents to the disclosure of the information in this report in the form and context in which it appears. Forward-Looking Statements This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Viking Mines Limited’s planned exploration programme and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward-looking statements. Although Viking Mines Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. 7 ASX:VKA | OTC:VKALF | vikingmines.com Figure 3; Map showing location of drillholes around Linka Main with all assay results received to date. Note; several holes share the same drill pad with varying angles of the holes. *holes previously reported but subsequently re-assayed and now with new results. Note Section lines A (Figure 1) and B (Figure 2) 8 ASX:VKA | OTC:VKALF | vikingmines.com ABOUT THE LINKA TUNGSTEN PROJECT The Linka Tungsten Project is located in Lander and Pershing counties, Nevada, USA, and comprises three historically producing tungsten mines: Linka, Conquest and Hillside. Mineralisation occurs as scheelite-bearing skarn developed in limestone along the contact with granitic intrusive rocks. The mines produced approximately 65,000 tonnes at 0.5% WO₃ through a 360 tonne-per-day mill up to 1956, when operations ceased in response to the prevailing tungsten price rather than for geological reasons. Linka's historical mill grade of approximately 0.5% WO₃ ranks among the highest of comparable global tungsten projects. In December 2025 Viking signed a binding term sheet to acquire a 100% interest in the Project and is pursuing a brownfields restart strategy that builds on substantial existing infrastructure, including a 150ft (~46m) shaft, historic pits and underground workings, an on-site ROM pad and historical tailings dam, and approximately 8.5km² of consolidated mining claims, with sealed highway within 7km and grid power within 4km. Digitisation of 72 historical drillholes (2,908m) has extended the known mineralised trend to 1.6km within an interpreted ~7km regional intrusive contact that remains largely untested. Surface sampling has returned grades up to 14.7% WO₃, and recent metallurgical testwork has produced a 56.9% WO₃ concentrate at 76.0% recovery using conventional gravity and flotation. With tungsten designated a critical mineral and the US REEShore Act mandating Chinese-free tungsten in US military supply chains from December 2026, the Project is positioned to advance towards a near-term, domestically sourced restart. 9 ASX:VKA | OTC:VKALF | vikingmines.com Hole ID Hole Type East (m) NAD83 Zone 11n North (m) NAD83 Zone 11n RL (m) End of Hole (m) Azi (°) Dip (°) LKRC0005 RC 514076 4353163 1800 84 280 - 55 LKRC0006 RC 514073 4353163 1800 90 280 - 65 LKRC0007 RC 514061 4353218 1795 30 315 - 45 LKRC0008 RC 514098 4353219 1798 107 115 - 70 LKRC0009 RC 514099 4353217 1797 78 000 - 90 LKRC0010 RC 514043 4353192 1798 46 315 - 45 LKRC0011 RC 514044 4353188 1798 32 270 - 45 LKRC0012 RC 514057 4353148 1801 62 260 - 55 LKRC0013 RC 513780 4353120 1787 30 000 - 90 LKRC0014 RC 513283 4353170 1774 56 000 - 90 LKRC0015 RC 514067 4353172 1800 119 090 - 65 LKRC0016 RC 514061 4353179 1799 72 315 - 90 LKRC0017 RC 514061 4353179 1799 66 290 - 65 LKRC0018 RC 513855 4353037 1808 49 280 - 80 LKRC0019 RC 513792 4352900 1810 40 300 - 52 LKRC0020 RC 513917 4353032 1812 34 280 - 60 Hole ID From (m) To (m) Interval (m) From (ft) To (ft) Interval (ft) WO3 % Hole ID From (m) To (m) Interval (m) From (ft) To (ft) Interval (ft) WO3 % Hole ID From (m) To (m) Interval (m) From (ft) To (ft) Interval (ft) WO3 % LKRC0005 56 57 1 183.7 187.0 3.3 0.15 LKRC0007 18.3 19.1 0.8 60.0 62.5 2.5 0.21 LKRC0015 110.5 111.3 0.8 362.5 365.0 2.5 0.19 LKRC0005 57 58 1 187.0 190.3 3.3 0.08 LKRC0007 19.1 19.8 0.8 62.5 65.0 2.5 0.23 LKRC0015 111.3 112.0 0.8 365.0 367.5 2.5 0.15 LKRC0005 58 59 1 190.3 193.6 3.3 0.01 LKRC0007 19.8 20.6 0.8 65.0 67.5 2.5 0.10 LKRC0016 58.7 59.4 0.8 192.5 195.0 2.5 1.04 LKRC0005 59 60 1 193.6 196.9 3.3 0.09 LKRC0007 20.6 21.3 0.8 67.5 70.0 2.5 0.17 LKRC0016 59.4 60.2 0.8 195.0 197.5 2.5 1.10 LKRC0005 60 61 1 196.9 200.1 3.3 0.00 LKRC0007 21.3 22.1 0.8 70.0 72.5 2.5 0.37 LKRC0016 60.2 61.0 0.8 197.5 200.0 2.5 0.67 LKRC0005 61 62 1 200.1 203.4 3.3 0.00 LKRC0007 22.1 22.9 0.8 72.5 75.0 2.5 0.09 LKRC0016 61.0 61.7 0.8 200.0 202.5 2.5 0.38 LKRC0005 62 63 1 203.4 206.7 3.3 0.33 LKRC0007 22.9 23.6 0.8 75.0 77.5 2.5 0.10 LKRC0016 61.7 62.5 0.8 202.5 205.0 2.5 0.65 LKRC0005 63 64 1 206.7 210.0 3.3 0.22 LKRC0007 23.6 24.4 0.8 77.5 80.0 2.5 0.04 LKRC0016 62.5 63.2 0.8 205.0 207.5 2.5 0.42 LKRC0005 64 65 1 210.0 213.3 3.3 0.39 LKRC0007 24.4 25.1 0.8 80.0 82.5 2.5 1.86 LKRC0016 63.2 64.0 0.8 207.5 210.0 2.5 0.26 LKRC0005 65 66 1 213.3 216.5 3.3 0.78 LKRC0007 25.1 25.9 0.8 82.5 85.0 2.5 0.11 LKRC0016 64.0 64.8 0.8 210.0 212.5 2.5 0.60 LKRC0005 66 67 1 216.5 219.8 3.3 0.37 LKRC0008 LKRC0016 64.8 65.5 0.8 212.5 215.0 2.5 0.39 LKRC0005 67 68 1 219.8 223.1 3.3 0.59 LKRC0009 57.9 58.7 0.8 190.0 192.5 2.5 0.54 LKRC0016 65.5 66.3 0.8 215.0 217.5 2.5 0.25 LKRC0005 68 69 1 223.1 226.4 3.3 0.76 LKRC0009 58.7 59.4 0.8 192.5 195.0 2.5 0.66 LKRC0016 66.3 67.1 0.8 217.5 220.0 2.5 0.10 LKRC0005 69 70 1 226.4 229.7 3.3 0.68 LKRC0009 59.4 60.2 0.8 195.0 197.5 2.5 0.53 LKRC0016 67.1 67.8 0.8 220.0 222.5 2.5 0.40 LKRC0005 70 71 1 229.7 232.9 3.3 0.21 LKRC0009 60.2 61.0 0.8 197.5 200.0 2.5 1.02 LKRC0016 67.8 68.6 0.8 222.5 225.0 2.5 0.32 LKRC0005 71 72 1 232.9 236.2 3.3 0.16 LKRC0009 61.0 61.7 0.8 200.0 202.5 2.5 1.19 LKRC0017 48.8 50.3 1.5 160.0 165.0 5.0 0.22 LKRC0005 72 73 1 236.2 239.5 3.3 0.52 LKRC0010 LKRC0017 50.3 51.8 1.5 165.0 170.0 5.0 0.25 LKRC0005 73 74 1 239.5 242.8 3.3 0.60 LKRC0011 21.3 22.1 0.8 70.0 72.5 2.5 0.00 LKRC0017 51.8 53.3 1.5 170.0 175.0 5.0 0.39 LKRC0005 74 75 1 242.8 246.1 3.3 1.12 LKRC0011 22.1 22.9 0.8 72.5 75.0 2.5 0.04 LKRC0017 53.3 54.9 1.5 175.0 180.0 5.0 0.07 LKRC0005 75 76 1 246.1 249.3 3.3 0.81 LKRC0011 22.9 23.6 0.8 75.0 77.5 2.5 0.16 LKRC0017 54.9 56.4 1.5 180.0 185.0 5.0 0.24 LKRC0005 76 77 1 249.3 252.6 3.3 0.35 LKRC0011 23.6 24.4 0.8 77.5 80.0 2.5 0.46 LKRC0017 56.4 57.9 1.5 185.0 190.0 5.0 0.08 LKRC0005 77 78 1 252.6 255.9 3.3 0.15 LKRC0011 24.4 25.1 0.8 80.0 82.5 2.5 0.30 LKRC0017 57.9 59.4 1.5 190.0 195.0 5.0 0.13 LKRC0005 78 79 1 255.9 259.2 3.3 0.14 LKRC0011 25.1 25.9 0.8 82.5 85.0 2.5 0.01 LKRC0017 59.4 61.0 1.5 195.0 200.0 5.0 0.18 LKRC0005 79 80 1 259.2 262.5 3.3 0.22 LKRC0011 25.9 26.7 0.8 85.0 87.5 2.5 0.00 LKRC0019 LKRC0005 80 81 1 262.5 265.7 3.3 0.01 LKRC0012 14.5 15.2 0.8 47.5 50.0 2.5 0.04 LKRC0020 LKRC0005 81 82 1 265.7 269.0 3.3 0.00 LKRC0012 15.2 16.0 0.8 50.0 52.5 2.5 0.29 LKRC0006 66 67 1 216.5 219.8 3.3 0.00 LKRC0012 16.0 16.8 0.8 52.5 55.0 2.5 0.09 LKRC0006 67 68 1 219.8 223.1 3.3 0.00 LKRC0012 16.8 17.5 0.8 55.0 57.5 2.5 0.01 LKRC0006 68 69 1 223.1 226.4 3.3 0.00 LKRC0012 17.5 18.3 0.8 57.5 60.0 2.5 0.11 LKRC0006 69 70 1 226.4 229.7 3.3 0.01 LKRC0012 18.3 19.1 0.8 60.0 62.5 2.5 0.05 LKRC0006 70 71 1 229.7 232.9 3.3 0.77 LKRC0012 19.1 19.8 0.8 62.5 65.0 2.5 0.00 LKRC0006 71 72 1 232.9 236.2 3.3 1.16 LKRC0012 19.8 20.6 0.8 65.0 67.5 2.5 0.00 LKRC0006 72 73 1 236.2 239.5 3.3 0.81 LKRC0012 26.7 27.4 0.8 87.5 90.0 2.5 0.00 LKRC0006 73 74 1 239.5 242.8 3.3 0.65 LKRC0012 27.4 28.2 0.8 90.0 92.5 2.5 0.00 LKRC0006 74 75 1 242.8 246.1 3.3 0.56 LKRC0012 28.2 29.0 0.8 92.5 95.0 2.5 0.07 LKRC0006 75 76 1 246.1 249.3 3.3 0.66 LKRC0012 29.0 29.7 0.8 95.0 97.5 2.5 0.17 LKRC0006 76 77 1 249.3 252.6 3.3 0.37 LKRC0012 29.7 30.5 0.8 97.5 100.0 2.5 0.27 LKRC0006 77 78 1 252.6 255.9 3.3 0.34 LKRC0012 30.5 31.2 0.8 100.0 102.5 2.5 0.28 LKRC0006 78 79 1 255.9 259.2 3.3 0.22 LKRC0012 31.2 32.0 0.8 102.5 105.0 2.5 0.16 LKRC0006 79 80 1 259.2 262.5 3.3 0.03 LKRC0012 32.0 32.8 0.8 105.0 107.5 2.5 0.00 LKRC0006 80 81 1 262.5 265.7 3.3 0.13 LKRC0012 32.8 33.5 0.8 107.5 110.0 2.5 0.00 LKRC0006 81 82 1 265.7 269.0 3.3 0.96 LKRC0012 36.6 37.3 0.8 120.0 122.5 2.5 0.00 LKRC0006 82 83 1 269.0 272.3 3.3 0.18 LKRC0012 37.3 38.1 0.8 122.5 125.0 2.5 0.25 LKRC0006 83 84 1 272.3 275.6 3.3 0.01 LKRC0012 38.1 38.9 0.8 125.0 127.5 2.5 0.16 LKRC0006 84 85 1 275.6 278.9 3.3 0.01 LKRC0012 38.9 39.6 0.8 127.5 130.0 2.5 0.00 LKRC0006 85 86 1 278.9 282.2 3.3 0.00 LKRC0013 No Significant Assays No Significant Assays No Significant Assays No Significant Assays No Significant Assays APPENDIX 1 – DRILLHOLE INFORMATION & ASSAY RESULTS 10 ASX:VKA, OTC:VKALF | vikingmines.com APPENDIX 2 – JORC CODE, 2012 EDITION – TABLE 1 JORC Table 1, Section 1 – Sampling Techniques and Data Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. RC chip samples are collected at the drill rig during the drilling process. The full drilling interval is collected from the sampling system on the drill rig into plastic bags. The sample is sieved to collect a portion of chips for geological logging. The chips are subsequently lamped using a shortwave UV light (254nm) to assess visually scheelite content. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. For each sample interval, RC sample recovery is monitored for excessive sample loss and recorded to ensure sample representivity. Sample condition (dry/moist/wet) is also recorded to ascertain sample quality. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information RC drilling is used to obtain either 1m, 2.5ft (0.76m) or 5ft (1.52m) sample intervals depending on the drilling rig being used and tooling available (metric vs imperial length drill rods). For the holes reported in this announcement, samples were collected on 5ft intervals, reducing to 2.5ft intervals through the zones of interest (see appendix 1 for sample intervals). The full sample is retained from the drill rig sampling system into plastic bags. Dry samples are processed through a 3-tier riffle splitter to representatively reduce the sample mass to obtain a sub-sample (12.5% of original sample mass) for laboratory analysis. The geologist at the rig determines the sample intervals to be selected for analysis using indicators such as geological logging and utilising a shortwave UV light to determine presence of scheelite. General procedure is to sample approximately 5m above and below the suspected mineralised intervals. Samples selected for analysis are delivered to ALS laboratory in Reno, Nevada and are prepared using lab method PREP-31BY which involves drying and subsequent crushing to 70% less than 2mm. Where samples are >1kg, a 1kg subsample is collected using a rotary splitter. The 1kg (or less) sample is then pulverised to better than 85% passing 75 microns. The pulverised samples are analysed using lab method ME-MS89L, which is considered total, using a sodium peroxide fusion and ICP-AES & MS finish. Drilling techniques Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.). Reverse circulation (RC) drilling using a face-sampling hammer is utilised. For holes LKRC0001 to LKRC0006 a 5.25-inch diameter bit was utilised. For holes LKRC0007 onwards, a 4.5-inch diameter bit has been utilised. Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. RC drilling recoveries are visually estimated and recorded as part of geological logging and sampling process and is estimated as either Good, Fair, Poor or No sample. Measures taken to maximise sample recovery and ensure representative nature of the samples. RC drilling sample recovery is monitored to ensure representivity of the samples. High pressure air compressors with auxiliary boosters and compressors are used to maximise sample recovery from the drillhole. Drilling equipment and procedures are suitable to maximise sample recovery and the 11 ASX:VKA, OTC:VKALF | vikingmines.com Criteria JORC Code explanation Commentary representative nature of the samples. Sample weights are recorded by the laboratory and reviewed to ensure consistent sample weights are produced. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. RC drilling uses industry standard drilling equipment and procedures that are suitable to maximise sample recovery and ensure the representative nature of the samples. Insufficient data has been collected to establish if any bias is present due to loss/gain of fine/coarse material. At times, voids are intersected, either from historical mining activity or natural cavities in the geological formation. For these intervals no sample is recovered. Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. RC logging of all drill cuttings is undertaken. No geotechnical logging has been undertaken. Logging of RC chips is sufficient to support future studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. Geological logging of RC chips is qualitative in nature. Quantitative estimates (visual percentage estimates) are undertaken for abundance of key minerals (including scheelite). Photographs are taken of all RC chip trays under natural and shortwave UV (254nm) light to identify fluorescent minerals. The total length and percentage of the relevant intersections logged. 100% of RC drilling is logged. Subsampling techniques and sample preparation If core, whether cut or sawn and whether quarter, half or all core taken. Not applicable. If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. Splitting of dry samples produced by the drill rig is undertaken using a 3 tier riffle splitter to obtain a 12.5% split, with the full sample from the drilling interval (1m, 2.5ft or 5ft) put through the riffle splitter. Hole LKRC0015 returned wet sample which were split through a wet rotary splitter at the drill rig to retain a representative split (25:75). At the laboratory, samples are dried and those <1kg are not split prior to pulverising. If samples are >1kg they are crushed and rotary split at the laboratory to <1kg before being pulverised. For all sample types, the nature, quality and appropriateness of the sample preparation technique. For dry samples, the sample preparation and sub-sampling techniques are appropriate for this material’s mineralogical makeup. The primary commodity being assessed is measured in %, which reduces the risk and impacts of variability in the sampling method due to the relatively high concentrations of the commodity. Quality control procedures adopted for all subsampling stages to maximise representivity of samples. Standard laboratory procedures adopted for analysis of samples including laboratory duplicate sample analysis and standards. Duplicate sampling has been applied to the RC drill programme (see details below) to measure repeatability of samples. Standards (1:20 samples) and blanks (1:25 samples) are inserted by Viking Mines into the sampling sequence to both check accuracy and precision of the analytical technique and for any contamination in