Australia's Viking Mines rises on gold prospects in WA project

Viking Mines

09/07/2021 03:51

** Shares of Viking Mines  VKA.AX  rise as much as 41.2% to
A$0.024, their biggest intraday pct gain since Nov 26, 2020 
    ** The gold miner says two of the six holes reported have
been reviewed, visible gold has been sighted in multiple zones
in both holes in First Hit project in Western Australia
 urn:newsml:reuters.com:*:nASX12vBvW
    ** Co says holes form part of the depth extension drilling
and provide positive encouragement for continuation of
mineralisation at depth for the project
    ** Stock hits its highest since June 24 
    ** More than 20.8 mln shares change hands, vs the 30-day
average volume of ~5.4 mln shares
    ** Stock down 39.3% this year, as of last close
    
  

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))