Viking Minerals is UnderValued


Viking Minerals Inc.

7558 W. Thunderbird

Suite 486

Peoria, AZ 85381

Tel:             954-616-9168

Viking Minerals is engaged in the acquisition and development of near-term producing copper, gold and silver properties in the United States and Canada.

Viking is focusing on developing its Dolly Varden properties in northeastern Nevada, adjacent to the Victoria Copper mine. The Victoria mine has been active many times, throughout history, most recently in the 1970s and 80s, with each shutdown due to falling copper prices. The Large resource of copper in this area has been well documented and hosts two large operating mines ‒ Battle Mountain and Robinson.

With solid management, an experienced technical team, and a large copper-rich land position in mining-friendly Nevada, Viking is well positioned to be North America’s next great mining company.

Management and Technical Team

Charles Irizarry President, CEO and Director

Charles has been engaged in the resource sector, managing and directing resource exploration companies. Since 1995, Mr. Irizarry has been president of a private consulting firm that provides management support and consulting advice to junior resource companies. From 2005 to 2008, he was the President of a coal exploration company that was engaged in the exploration of coal properties in Mexico. And from 2009-2010, Charles was the President of a mineral exploration company with mineral interests in North and South America. Mr. Irizarry studied business in state college and is completing his Masters in Business Administration. He currently resides in Arizona, and is fluent in Spanish and English.
Laurence Stephenson PGeo MBA, Senior Geologist

Laurence held the position of President with several junior mining companies including Sutcliffe Resources TSX- Venture and Douglas Lake Minerals OTC BB. Mr. Stephenson was the director of exploration for Golden Chief Resources when it concluded and operated its 1998/99 joint venture with Kinross on the Atlanta Property of eastern Nevada. Laurence has been responsible for initiating and overseeing the successful development of several Junior companies on the Canadian Exchanges including: Spirit Lake Explorations 1985 (Montreal Stock Exchange), Kokanee Explorations Ltd. 1989 (Vancouver and Toronto Stock Exchanges) and Glencarin Explorations Ltd. 1987 (Alberta Stock Exchange) and through Glencarin, Wheaton River Minerals 1990 (Toronto Stock Exchange) and Golden Chief 1994. These companies all remain active today.

Musira Paschal, Geologist

Musira was employed as a senior Geologist for Barrick Gold until 2009.

Corporate Properties

Dolly Varden Property – 16 Contiguous Mineral Claims

The Dolly Varden Area, Elko County, Nevada, 50 miles north of Ely, Nevada is where Viking Minerals property is located. The property consists of 16 unpatented contiguous mineral claims located east of Highway 93 Alternate and northwest of the town of Lages, which is readily accessible for prospecting and mineral exploration from well maintained ranch roads and also includes water wells.

Significant Producing Mines Close By

The Dolly Varden property is also located just 75 miles south of the Victoria Mine and is close to Quadra Mining Co.’s huge Robinson mine which in 2005 produced 126 million lbs. copper and 81,000 oz gold at grades of 0.6% Cu and 0.25 g/t Au. And 100 miles to the east is the world’s third largest mine and the largest copper/gold mine in the United States at Bingham Canyon in neighboring Utah which has produced more than 16 million tonnes of copper since operations began in 1904.

Topography is typical of the Nevada foothills with ranges rising from the Dolly Varden spring at under 200 feet to over 800 feet. The washes and drainages are moderate mountain foothills type with typical desert vegetation of the interior ranges of Nevada. Climate is also typical of the interior desert ranges and is workable year round.

Silver lead ores were first discovered in the area in 1869 and the Dolly Varden copper mine was discovered and opened in 1872. It was followed by little exploration until the early 20th century discovery of gold in the area, resulting in intermittent production from the region until the late 1940s and from 1975 until the early 1980s. Noranda sampled the property and area in 1982 and Newmont and Atna Resources were active in the area in the 1990s.

The region is located in the eastern part of the Great Basin and Range district of the southwest US which is centered on Nevada but extends into neighboring states, stretching from California’s Sierra Nevada Range on the west to the Rockies of Utah on the east. The geology consists of consolidated carbonate and other sedimentary rocks, and basin fill intruded by cretaceous felsic stocks and related dykes and blanketed by tertiary volcanics and alluvium.

The Dolly Varden Mountains of the district of the South Dolly Claims consist of limestones and limy, and cherty shale of the Permian Pequop Formation overlain by two small erosional remnants of Permian Park City limestone. These sediments are intruded by the 4-mile diameter Cretaceous (134 Ma) Melrose Stock of quartz monzonite and related dykes. Three types of ore have been mined in the Dolly Varden District: copper ores in Skarn; lead silver replacement and fissure deposits in limestone; and gold bearing quartz veins in quartz monzonite. The skarn type of deposit has been the most productive to date.

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