Viking Mines : 21-11-14: Drilling Underway at Berkh Uul Coal Project, Mongolia

Viking Mines Limited (ASX: VKA, the "Company" or "Viking") advises that it has commenced its planned drilling program at the Company's 100% owned Berkh Uul coal project in northern Mongolia (Figure 1).
The drilling program is designed to infill and extend the existing drill coverage, commencing in the north-east of the licence area where there is pre-existing drilling within the confines of the current 38Mt resource. The proposed drilling will progress to the south, targeting extensions to the deposit to add to the current resource.
Selected drill core samples will be transported to Ulaanbaatar on completion of the program for testing by an accredited analytical laboratory.

Outcropping Coal at Berkh Uul

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Berkh Uul is located 400 km north of Ulaanbaatar in north-eastern Mongolia within the Orkhon-Selege coal district and within 20km of the Russian border. The project is within 40km of rail access into Russian off-take markets, in close proximity to water, infrastructure and transport.
The deposit consists of shallow, consistent coal seams of high quality bituminous coal amenable to low strip ratio open pit mining.
Local cement works and power stations desire Berkh Uul coal, due to its low ash and relatively high calorific value. To date four Memoranda of Understanding for the supply of coal from Berkh Uul have been signed with local industrial end-users.

Jack Gardner

Executive Chairman

JORC Compliance:

The Information in this report that relates to coal resources at the Berkh Uul project was originally reported in the Company's announcement released to ASX on 17 March 2014. The Company confirms that it is not aware of any new information or data that materially affects the information included within the Company's previous announcements.

Forward Looking Statements:

This document may include forward looking statements. Forward looking statements may include, but are not limited to statements

concerning Viking Mines Limited's planned exploration programs and other statements that are not historical facts. When used in this document, 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.

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Figure 1: Location of the Berkh Uul coal project in Mongolia

For further information please contact: www.vikingmines.com info@vikingmines.com

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