Lincoln Minerals Limited (AU:LML) has released an update.
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Lincoln Minerals Limited has reported promising first-pass reconnaissance sampling results at its Eridani uranium project in South Australia, indicating high-grade uranium mineralization. The company confirmed the presence of carnotite uranium at the site, which was historically known for its radioactivity, and plans to conduct further exploration to assess the area’s potential. Laboratory analysis to confirm the preliminary findings is expected in October, alongside the anticipated completion of the Kookaburra Graphite Project Pre-Feasibility Study.
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