LML 7.69% 0.7¢ lincoln minerals limited

Lincoln Minerals CEO Jonathon Trewartha commented: “After...

  1. 2,908 Posts.
    lightbulb Created with Sketch. 112
    Lincoln Minerals CEO Jonathon Trewartha commented: “After delivering a significant MRE upgrade at the
    Kookaburra Gully Graphite Project, now the second largest graphite resource on the Eyre Peninsula, we are
    excited to commence drilling at this previously untested area of ML6460. We are confident there is potential to
    materially increase our graphite resource during 2024 and continue to demonstrate why SA’s Eyre Peninsula is
    Australia’s Premier Graphite Province. We expect the Northern program to be finished by late January after a
    break for Christmas and look forward to reporting first results shortly thereafter.”


    I have absolutely no doubt they will smash the current resource size.
    Why?

    Have a look at the drilling announcement dated 22nd May 2017
    https://wcsecure.weblink.com.au/pdf/LML/01859183.pdf

    Then have a look at the announcement for their JORC dated 17th May 2017
    https://wcsecure.weblink.com.au/pdf/LML/01858091.pdf

    There are 30 Holes that have never been added to the resource estimate..

    15 Hit Mineralization and were very good!

    https://hotcopper.com.au/data/attachments/5829/5829009-6293fcb7c01b7f61bdea4901e362dd39.jpg
    The Holes in RED were not part of the JORC Estimate and still need to be included.
    With so few holes in the Northern Section, plus the excellent results already received.
    There is a lot of potential to significantly increase the resource in the northern half of KKG

    https://hotcopper.com.au/data/attachments/5829/5829012-bc579d84ba954e34894196eb83d7a4c8.jpg







 
watchlist Created with Sketch. Add LML (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.001(7.69%)
Mkt cap ! $11.92M
Open High Low Value Volume
0.6¢ 0.7¢ 0.6¢ $11.28K 1.628M

Buyers (Bids)

No. Vol. Price($)
31 15521736 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1521764 1
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
0.7¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.7¢ 0.7¢ 0.7¢ 996765
Last updated 14.59pm 08/05/2024 ?
LML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.