Viking Ashanti's (ASX: VKA) shares are currently in pre-open, following the ASX granting the company a trading pending an announcement on a major transaction.
Currently Viking's most advanced project is the wholly-owned Akoase gold project, located at the northeastern end of the Ashanti Gold Belt in southern Ghana.
The project contains an established near surface Inferred resource of 790,000 ounces of gold at a 0.5 g/t gold cut-off at the Akoase East deposit.
Ghana is a significant gold producer and produced 3 million ounces in 2011, ranking the country number two in African and nine in the world.
The halt will remain in place until the opening of trade on Wednesday 20th November 2013, or earlier if an announcement is made to the market.
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