Viking Mines Limited announced the application for tenement E30/529 in the prospective Ida Greenstone belt, Western Australia. When granted, the 21km2 exploration tenement will complement Viking's new land position which will be secured with the proposed acquisition of Red Dirt Mining and the high grade First Hit historic gold mine. The new tenement is well placed, being only 11km to the south-southeast of the First Hit project and adjacent to the Ora Banda Mining Riverina open pit mine and underground resource. The land package being established by the Company in the Eastern Goldfields is strategically located 150km NW of Kalgoorlie and within 100km radius of 4 operating mills. An initial assessment of the geophysics shows there are significant variations in magnetic intensity. This confirms the presence of a variety of rock types throughout the tenement which, with local knowledge in the area and the association of the regional gold deposits with magnetic highs and interpreted mafic rock units as well as regional shear zones, implies prospectivity for gold. A review of open file Western Australian government datasets (WAMEX) shows very limited previous exploration drilling has been conducted over the tenement. This illustrates the sparse extent of historical drilling on the tenement, with a total of 167 AC and RAB holes previously drilled being recorded in the database. The most recent drilling activity recorded on the WAMEX search was completed by Salazar Gold with a small 20 drillhole Air Core programme in 2013. Prior to this, a series of RAB drilling programmes was completed in the 1990's, focussed on specific parts of the tenement. The lack of modern exploration methods and limited drilling coverage presents a unique opportunity for the Company to follow up. The Company is in the process of securing the freely available datasets and incorporating them into the internal Company database. A thorough geological assessment will be undertaken while the application process is underway and reinterpretation of the bedrock geology will be completed as part of a more comprehensive regional geological assessment in the coming months. This assessment will be used to generate drill targets to follow up once the tenement is granted.