VIKING MINES LIMITED — Board/Management Information 2021

Jul 25, 2021

ASX ANNOUNCEMENT 26 July 2021

CHANGE OF COMPANY SECRETARY AND COMPANY ADDRESS

• Sarah Wilson from Evolution Corporate Services appointed as Company Secretary

• Registered Office and Principal Place of Business changed to Perth, Western Australia

• Combined drill core and sample storage warehouse & offices facilitates maximum value out of the significant drilling investment

Viking Mines Managing Director & CEO Julian Woodcock said “Since the acquisition of the First Hit project, it has always made commercial sense to relocate the management and operation of the Company from Sydney to Perth. With the completion of the first drill programmes, we identified suitable premises in Perth which allows us to both store and review the drill core and samples at the office. This allows us to realise the maximum geological value from the significant drilling investment made into exploring the First Hit project.

Separately, our Company Secretary (Dean Jagger) has resigned from his role and, whilst I will miss the excellent service and support Dean has provided to Viking, we have taken the opportunity to move this essential service to Perth to facilitate a closer working relationship with management. As such I would like to welcome Sarah Wilson to the team.”

ANNOUNCEMENT DETAILS

Change to Company Address

Viking Mines Limited (ASX: VKA) (“Viking” or “the Company”) wishes to advise that effective immediately, it has change its Registered Office and Principal Place of Business.

The Company’s new contact details are:

Registered Office: 15-17 Old Aberdeen Place, West Perth, WA 6005

Principal Place of Business: 15-17 Old Aberdeen Place, West Perth, WA 6005

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ASX ANNOUNCEMENT 26 July 2021

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Figure 1; Viking office space with drill core laid out for review and assessment.

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Figure 2; Viking Mines meeting room and drill core laid out for review.

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Figure 3; Viking Mines warehouse storage with all the drill core collected from the Phase 1 & Phase 2 diamond drilling.

Change to Company Secretary

Viking also wishes to advise, in accordance with ASX Listing Rule 3.16.1, that Sarah Wilson from Evolution Corporate Services has been appointed as Company Secretary, effective immediately.

Further, Viking advises that Mr Dean Timothy Jagger will step down as Company Secretary of the Company effective immediately. The Board wishes to thank Mr Jagger for his services to the Company.

For the purpose of ASX Listing Rule 12.6, Sarah Wilson will also be the person responsible for communications between the Company and ASX.

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This announcement has been authorised for release by the Board of the Company.

For further information, please contact: Viking Mines Limited Julian Woodcock Sarah Wilson Managing Director and CEO Company Secretary Viking Mines Limited 08 9322 1587

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ASX:VKA | vikingmines.com

ASX ANNOUNCEMENT 26 July 2021

ABOUT VIKING MINES

Viking Mines is a gold focussed company with the First Hit Project located 150km NW of Kalgoorlie in Western Australia being the primary asset under exploration.

Viking have an aggressive exploration strategy to explore for high grade gold occurrences and discover ounces along fertile gold structures. The historically mined, First Hit gold mine is the focus of Vikings activity to deliver on this strategy. Rapid advancement and exploration are occurring to explore, discover and develop gold ounces at the Project. The strategy will generate shareholder value through the discovery of new gold resources.

First Hit Project, Western Australia

The First Hit Project is centred around the historic high-grade First Hit gold mine situated along the prospective Ida and Zuleika Shear zones in the Eastern Goldfields of

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Western Australia. The Project incorporates ~28km[2] of tenements with 6 active Mining and Prospecting licences and 1 Exploration licence under application. At the core of this landholding is a 6.4km[2] group of contiguous tenements which host the historic First Hit gold mine.

Prior to closure of the First Hit gold mine by Barra Resources in 2002 and at a time of depressed gold prices of US$ 320/oz, the First Hit mine produced ~30koz ounces of gold at an average grade of ~7.7g/t Au. No modern exploration activity has been conducted in the past 18 years and creates a significant opportunity for Viking. The Company is focused on delivering exploration programmes to test near mine extensions and regional targets around the First Hit Project with the objective of defining fertile structures and discovering gold ounces.

Examples of the high-grade nature of the mineralisation previously drilled at First Hit include:

• 4.9m at 64.8g/t Au from 62.1m (FHU045)[1]

• 3m at 77.6g/t Au from 224.0m (BFH030)[ 1]

• 4m at 26.1g/t Au from 58.0m (BFH005)[ 1]

The Project area is well serviced by infrastructure and is located 50km west of the sealed Goldfields highway and the township of Menzies. The nearest operating Gold Processing Plant is the Davyhurst Mill 50km to the south, owned and operated by Ora Banda Mining (ASX:OBM). The nearest operating gold mine is the Riverina open pit, located 8km south of the First Hit gold mine, owned by OBM.

The Company also has projects located in Ghana and Mongolia. Viking is currently undergoing legal proceedings to secure an outstanding payment of US$ 5 million, associated with the sale of the Akoase project in Ghana.

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 program 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.

ASX:VKA | vikingmines.com

1ASX announcement dated 26th November 2020