Lincoln Minerals Limited Revamps Base Metal Strategy with New Archean VMS Model and H2 2025 Drill Targets

Monday, June 23, 2025
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Lincoln Minerals Limited advances its Minbrie Copper-Base Metal Project in South Australia. A new geochronology program, in collaboration with government geologists, aims to define mineralisation timing and guide high-impact drill targets, boosting exploration potential and supporting upcoming drilling activities in the second half of 2025.

Lincoln Minerals Limited has unveiled a new analytical program aimed at refining its geological model at the Minbrie Copper-Base Metal Project in South Australia’s Gawler Craton. The initiative will use sulphur isotope and geochronology techniques to determine the timing of mineralisation and identify metal sources. Early analysis from discovery hole BUDD192 has provided promising data, with intervals showing 12 meters at 1.4% copper, 12.4% lead, 2.0% zinc, and 13 g/t silver, suggesting a multi-phase mineralising history. Collaboration with the South Australian Department for Energy and Mining has played a key role in the project’s progress. A recent technical workshop involving DEM geologists and Lincoln’s exploration team helped sharpen the company’s geological model. The updated model, which draws parallels with deposits at Golden Grove such as those at Gossan Hill and Scuddles, points toward an early-stage Archean VMS-style system. This refined understanding will guide the ranking and prioritisation of drill targets, with the first targets to be finalised within the next two weeks and a planned drilling campaign scheduled to commence in the second half of 2025. The advancement of the Minbrie project complements Lincoln Minerals’ diverse portfolio, which also includes assets such as the Kookaburra Graphite Project and Green Iron Magnetite development, as well as advanced uranium targets. This multi-asset approach, combined with ongoing partnerships with state agencies, reinforces the company’s commitment to reducing exploration risk and advancing potential discoveries in critical minerals. The news carries a mixed sentiment among market observers. On the bullish side, the detailed technical work and promising drill intercepts provide clear signs of underlying mineral potential, reinforcing confidence in the project’s ability to identify and delineate high-grade zones. Additionally, the strategic collaboration with government geologists and the use of advanced analytical methods are positive signals that could drive future exploration success. Conversely, there are bearish considerations as well. The project is in an early stage of exploration; its success heavily depends on the outcomes of geochronology studies and follow-up drilling programs. Investors should remain mindful of the inherent uncertainties and market volatility common in commodity-based exploration ventures.

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