OPTION RUNNERS

[I Like Bottom Fishing]

Quadra FNX has agreed to sell its operations for $3.5 billion to KGHM which amounts to a 41% premium above the company's recent trading price. As Quadra's Flagship Robinson Mine is so close in proximity to the Dolly Varden property it is vital that Viking continue to advance the Dolly Varden property.

12/13/2011 (16:01ET) Deep 3D-IP Survey Recommended at Viking Minerals Dolly Varden as Neighbour Quadra FNX is Acquired for $3.5 Billion - Market Wire

Deep 3D-IP Survey Recommended at Viking Minerals Dolly Varden as Neighbour Quadra FNX is Acquired for $3.5 Billion
Tuesday , December 13, 2011 16:01ET



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PHOENIX, ARIZONA -- (Marketwire) -- 12/13/11 -- Viking Minerals (OTCBB:VKML) reports that its independent U.S. contract geologist, in conjunction with the company's consulting Geophysicists has recommended additional 3D - IP surveying over the defined anomaly on the Dolly Varden Claims located in Elko County, Nevada.

This surveying in conjunction with the outlined continued 3D - IP survey to the north and south of the initial claim group is designed to test the open peripherals of the currently known geophysical zone at depth in response to the success to date of the company's drill program.

Quadra FNX has agreed to sell its operations for $3.5 billion to KGHM which amounts to a 41% premium above the company's recent trading price. As Quadra's Flagship Robinson Mine is so close in proximity to the Dolly Varden property it is vital that Viking continue to advance the Dolly Varden property.

Since drilling commenced on Dolly Varden every drill hole has intersected mineralization which appears to increase in intensity at depth.

The intersection of massive sulphide mineralization in the vertical hole which is 600 metres south of the initial drill area and 600 metres west of the second drill area requires this deep geophysics to explain the deeper roots of these zones.

The company's consulting geologist has indicated that with the amount of pervasive alteration a deeper "buried" porphyry system could be responsible for this mineralizing event (or events).

Drilling will continue to delineate the mineralized structure associated with the mineralization.

Laurence Stephenson, P. Eng, a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. Some information contained in this press release may have been previously reported.

AREA PLAY - ELKO COUNTY, NEVADA

There are 298 mines in Elko County, Nevada, located between Reno and Salt Lake City and is a prolific copper mining area. Two of the most noteworthy mines include the Robinson Mine which is an open pit copper and gold mine that has operated continuously since 2005 producing averagely 121 to 126 million pounds per year of copper. And the Bingham Canyon Mine, which is the world's largest open pit mine and has produced more copper than any other mine in history - approximately 14.5 million tons.

ABOUT VIKING MINERALS

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 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 Minerals is well positioned to be North America's next great mining company.

FORWARD-LOOKING STATEMENT

This news release contains forward-looking statements that are based on Viking Minerals Inc.'s current expectations and estimates. For the complete "Forward-Looking Statement" please go to http://www.vikingmineralsinc.com/disclaimer.html

Contacts:
Viking Minerals Inc.
Charles Irizarry
President, CEOwww.vikingmineralsinc.com
Source: Viking Minerals Inc.

Public Companies Associated with this story:
VKML

Content provided by Market Wire Copyright © 2011
Content transmitted by Knobias.com Copyright © 2011

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VKML CHART 0.0065

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09/12/2011 (13:49 ET) VKML: Filed New Form 10-Q/A, Quarterly Report - Edgar
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Viking Minerals Inc. (Filer) CIK: 0001376316

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09/12/2011 (13:49 ET) VKML: Filed New Form 10-Q/A, Quarterly Report - Edgar
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09/12/2011 (13:49 ET) VKML: Filed New Form 10-Q/A, Quarterly Report - Edgar
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q/A
(Amendment No. 1)

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[X[ Quarterly Report under Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the quarterly period ended June 30, 2011

[ ] Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from __________ to ____________.

Commission File Number: 333-139482


VIKING MINERALS INC.
(Exact name of Registrant as specified in its charter)

Nevada 98-0492900
(State or other jurisdiction of (I.R.S.Employer
incorporation or organization) Identification No.)

7558 W. Thunderbird Ste. 486
Peoria, AZ, 85381 Telephone: [phone]
(Address of principal executive offices) (Registrant's telephone number,
including area code)

(Former Name, Address and Fiscal Year, If Changed Since Last Report)

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No [ ]

We had a total of 108,000,000 shares of common stock issued and outstanding at
August 14, 2011.

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

Transitional Small Business Disclosure Format: Yes [ ] No [X]


EXPLANATORY NOTE

The purpose of this Amendment No. 1 to the Company's Quarterly Report on Form
10-Q for the quarterly period ended June 30, 2011, filed with the Securities and
Exchange Commission on August 17, 2011 (the "Form 10-Q"), is solely to furnish
Exhibit 101 to the Form 10-Q. Exhibit 101 provides the financial statements and
related notes from the Form 10-Q formatted in XBRL (Extensible Business
Reporting Language).

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the
Form 10-Q continues to speak as of the original filing date of the Form 10-Q,
does not reflect events that may have occurred subsequent to the original filing
date, and does not modify or update in any way disclosures made in the original
Form 10-Q.

Pursuant to rule 406T of Regulation S-T, the Interactive Data Files on Exhibit
101 hereto are deemed not filed or part of a registration statement or
prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as
amended, are deemed not filed for purposes of Section 18 of the Securities Act
of 1934, as amended, and otherwise are not subject to liability under those
sections.

ITEM 6. EXHIBITS

Exhibit Number Description of Exhibit
-------------- ----------------------

3.1 Articles of Incorporation (1)

3.2 Bylaws (1)

31.1 Certification by Chief Executive Officer and Chief Financial
Officer required by Rule 13a-14(a) or Rule 15d-14(a) of the
Exchange Act, promulgated pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002 (2)

32.1 Certification by Chief Executive Officer and Chief Financial
Officer, required by Rule 13a-14(b) or Rule 15d-14(b) of the
Exchange Act and Section 1350 of Chapter 63 of Title 18 of
the United States Code, promulgated pursuant to Section 906
of the Sarbanes-Oxley Act of 2002 (2)

101 Interactive Data Files pursuant to Rule 405 of Regulation
S-T. (3)

----------
(1) Filed with the SEC as an exhibit to our Form SB-1 Registration Statement
originally filed on December 19, 2006.
(2) Filed with the SEC as an exhibit to our Form 10-Q originally filed on
August 17, 2011.
(3) Filed herewith

2



SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date: September 12, 2011

Signature Title
--------- -----


By: /s/ Charles Irizarry Chief Executive Officer, Chief Financial
------------------------------ Officer, President, Secretary, Treasurer
Charles Irizarry and Director (Principal Executive Officer
and Principal Accounting Officer)

3

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