Interesting announcement.
Basically, LML has confirmed three high-priority copper/base metal drill targets at Minbrie after completing 3D geological modelling.
Looks like the notable past intercepts in BUDD192 are: 29.5m @ 0.8% Cu, 7.5% Pb, 1.9% Zn, 9.0 g/t Ag.
Drilling approvals are pending, expected within 2 months; drilling to begin in H2 2025.
Some PXRF readings show up to 3.03% Cu (BURCD030), supporting high-grade sulphide potential.
The project shows signs of a large, multiphase VMS-style system with battery metal interest.
Last public announcement regarding cash position was the quarterly, 1.1 million with an estimated 700K outgoing over the quarter.
So, it's likely we are under $500k in the kitty and LML will need funding for drilling.
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lincoln minerals limited
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