Lincoln Minerals Updates Market on Historic High-Grade Copper Targets at Southern Eyre

An update from Lincoln Minerals Limited ( (AU:LML) ) is now available.

Lincoln Minerals has amended a recent announcement on high-grade copper targets at its Southern Eyre Project in South Australia to include additional historic exploration data from work undertaken by Helix Resources in 1988–89. The review of historic data identified 41 rock chip samples grading up to 11.1% copper and 0.6 g/t gold in a geological setting similar to the company’s Minbrie Project, although the company stresses these historic results are not compliant with the JORC 2012 code and have not been independently validated. Lincoln is refining its 2026 exploration programs, with immediate efforts concentrated on drilling planned for Q4 FY26 at Minbrie, where it controls a 20 km corridor prospective for copper and base metals, while the newly recognised copper potential at Southern Eyre underscores the underexplored nature of the region for copper and base metals beyond its prior focus on iron ore and graphite.

The most recent analyst rating on (AU:LML) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lincoln Minerals Limited stock, see the AU:LML Stock Forecast page.

More about Lincoln Minerals Limited

Lincoln Minerals Limited is an ASX-listed exploration company focused on mineral projects on South Australia’s Eyre Peninsula, with recent work targeting iron ore, graphite and, increasingly, copper and base metals through projects such as Minbrie and the broader Southern Eyre Project.

Average Trading Volume: 6,875,897

Technical Sentiment Signal: Hold

Current Market Cap: A$51.82M

For a thorough assessment of LML stock, go to TipRanks’ Stock Analysis page.