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An announcement from Lincoln Minerals Limited ( (AU:LML) ) is now available.
Lincoln Minerals Limited has signed a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation, granting exploration access to the Jungle Dam uranium prospect in South Australia. This agreement marks a significant milestone for the company, enabling it to proceed with mineral exploration activities while respecting the cultural heritage of the land’s Traditional Owners. Previous exploration at Jungle Dam has identified promising uranium intersections, and the company is now closer to initiating a drilling program, which could enhance its position in the uranium market.
More about Lincoln Minerals Limited
Lincoln Minerals Limited operates in the mineral exploration industry, focusing on the exploration and development of uranium prospects. The company is primarily engaged in identifying and developing mineral resources, with a specific interest in uranium deposits in South Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.46M
See more data about LML stock on TipRanks’ Stock Analysis page.