Lincoln Minerals Limited (LML) is an exploration company with the projects located with in the Gawler Craton, South Australia. The Company has several uranium, copper, gold, zinc-lead-silver, iron ore and nickel exploration targets.
GUM FLAT: The project is located east of Port Lincoln and is considered prospective for base metals, uranium and iron ore. The tenement is interpreted to include 35 km of banded iron formation which represents a significant target. Previous RC drilling returned 8m @ 660ppm Cu, 300ppm Pb and 0.29% Zn from 40m.
KOPPIO-TUMBY BAY: The project is located on southern Eyre Peninsula and is prospective for uranium, base metals and iron ore. Work by former owners identified several uranium and base metal anomalies.
MOUNT HILL: The project is located on south central Eyre Peninsula west of Port Neill and is prospective for uranium and base metals. Soil sampling identified an anomaly up to 260 ppm uranium. A copper-zinc anomaly with 0.11% Cu and 0.56% Zn. ckABIDNIE: The project is located with in the Central Eyre Peninsula and is prospective for uranium and base metals. Previous drilling returned 6.1m @ 0.51% Pb and 18.3m @ 0.21% Zn, 13m @ 12g/t Ag and 2m @ 0.17% Cu.
WILCHERRY: The project is located within the Central Gawler Gold Province. Previous drilling returned 9m @ 24.6g/t Au from 7m, 4m @ 17.2% Pb, 8.9% Zn and 474ppm Ag. STONY HILL: The project is located 50km west of Whyalla and is prospective for base metals. The project is underexplored.
LAKE TORRENS: The project is located on the Lake Torrens, about 300km south of the Olympic Dam and is prospective for Olympic Dam style iron oxide/copper/gold/uranium mineralisation.
LML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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