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An update from Lincoln Minerals Limited ( (AU:LML) ) is now available.
Lincoln Minerals has secured landowner and regulatory approvals to begin its first-stage drilling program at the Minbrie Copper Project on South Australia’s Eyre Peninsula in the June quarter of 2026. The company has contracted an air core rig to drill at least 40 holes, aiming to test 17km of copper- and base metal-prospective stratigraphy, including a 1.7km untested section at the Eagle Ridge prospect where historic drilling returned strong copper, lead, zinc and silver intercepts.
A recent review of Minbrie and the broader Southern Eyre Project highlighted multiple copper occurrences in geological settings similar to Minbrie, underlining the region’s potential to host further mineralisation. Alongside advancing this flagship project, Lincoln is managing its portfolio by seeking value from non-core assets and reviewing complementary Australian copper projects, reinforcing its strategic shift toward copper discoveries in a tightening global supply environment.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is an Australian exploration company focused on copper and base metals, with core activities on South Australia’s Eyre Peninsula. The company is repositioning itself as a discovery-focused copper player, targeting stratigraphic horizons prospective for copper and associated base metals while rationalising non-core assets and selectively assessing additional domestic copper opportunities.
Average Trading Volume: 3,876,811
Technical Sentiment Signal: Sell
Current Market Cap: A$33.87M
Learn more about LML stock on TipRanks’ Stock Analysis page.