Lincoln Minerals Limited has revealed promising progress at its Minbrie prospect in South Australia. Recent re-assays of historical drill core have confirmed that discovery hole BUDD192 holds high-grade base metal mineralisation. The re-assay results specifically verified an intercept of 12 meters with approximately 1.4% copper, 12.4% lead, 2.0% zinc, and 13 grams per tonne silver. These updated laboratory findings closely match the historical assay data from 2012, lending strong support to the company’s broader geological model. The exploration team has been busy re-logging approximately 1,775 meters of legacy drill core from 28 historic holes in the northern Minbrie area. In addition, over 620 portable XRF readings have been collected to quickly assess elemental concentrations across multiple intervals. This extensive work has identified 224 mineralised core zones now being prioritized for further laboratory analysis. Elevated levels of nickel, cobalt, and chromium recorded by pXRF in several holes hint at a potential mafic or ultramafic influence in the mineralisation, which could open the door to additional targets beyond the confirmed copper-lead-zinc-silver zones. The project is strategically significant due to its 7-kilometer strike length and the high quality of results derived from a previous drilling campaign conducted by Centrex. The company is now looking to finalise drill targets shortly after presenting an investor webinar on Wednesday, 28 May 2025. With further assay results expected in June 2025, Lincoln Minerals is positioning itself to rapidly and cost-effectively expand on the company’s understanding of a district-scale copper-base metal system in the region. Market sentiment on this news appears mixed. On the bullish side, the confirmation of historical grades and systematic re-assaying signal strong technical validation and a promising exploration model, which could enhance the long-term value of the project. These positive technical indicators and the anticipated drill target finalisation add to the potential for substantial near-term upside. Conversely, the reliance on preliminary pXRF data as an approximation rather than comprehensive laboratory analysis, along with minor discrepancies in two samples possibly due to human error, introduce some technical and operational uncertainties. For beginner traders, while the news is encouraging, it also underscores the inherent risks of exploration ventures where further confirmation remains pending.