Lincoln Minerals Limited (ASX:LML) Expands Copper & Base Metals Potential at Minbrie, SA
Exploration Highlights
Lincoln Minerals Limited has identified overlooked copper and base metals potential at its Minbrie prospect in South Australia. Historical drillhole BUDD192 revealed significant mineralisation within the Katunga Dolomite sequence, contrasting previous exploration focused on magnetite-bearing BIF. The company is analysing approximately 263 drillholes over a 12km strike to refine future exploration targets.
Exploration Plan
The company has accelerated a two-phase exploration program. Phase 1 involves relogging and geochemical sampling of historical drillholes to refine targets and is currently underway. Phase 2 will follow with targeted drilling to extend mineralisation around BUDD192 and test newly identified zones.
Executive Comments
CEO Jonathon Trewartha stated, “The underexplored Minbrie footwall sequence presents a significant opportunity for Lincoln Minerals. Our targeted exploration program aims to unlock its copper and base metal potential by integrating historical data with a modern systematic approach. Previous exploration was focused solely on magnetite, with most historic drillholes stopping short of or barely extending beyond the Band Iron Formation – missing the high-grade copper-lead-zinc mineralisation hosted in the footwall. With this extensive high-impact base metals target zone largely untested, we are now well positioned to assess and advance its true potential.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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