InvestSMART

Lincoln Minerals Limited (ASX:LML)

ALERT: Price-sensitive ASX Announcement for LML
Current share price for LML : $0.012 0 (0%)+
Announcement
Release
30 Mar 2026 9:30AM
Price at Release
$0.012
Full Release
download
Summary
Lincoln Minerals Limited has announced that it has received all necessary government and landowner approvals to commence Stage 1 of its drilling program at the Minbrie Copper Project in South Australia. This initial stage, scheduled for the second quarter of the calendar year 2026, will involve drilling at least 40 air core holes. The drilling aims to explore approximately 1.7 kilometers of untested strike at Eagle Ridge within the project's extensive 17-kilometer target area, which is prospective for copper and other base metals. The results of this air core drilling will determine further exploration activities, potentially including reverse circulation and diamond drilling later in the year. Lincoln Minerals has secured a drilling contractor and emphasizes the importance of maintaining strong relations with local stakeholders and the South Australian government for the project's success.
Key Points
  • Lincoln Minerals received approvals for Minbrie drilling.
  • Drilling to begin in Q2 CY2026 with at least 40 air core holes.
  • Targeting 1.7 km of untested strike in a 17 km prospective area.
  • Potential follow-up RC and diamond drilling based on results.
  • Importance of strong relationships with SA government and local community.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.