Key facts about Lincoln Minerals' announcement

Lincoln Minerals (ASX:LML) has announced assay results indicating uranium mineralisation at the Eridani Uranium Project on South Australia's Eyre Peninsula. Initial samples show promising uranium levels, particularly in talc-bearing units. This aligns with the project's historical significance for radioactive minerals. Further exploration is scheduled for December 2024.

Overview and future plans for Lincoln Minerals

Lincoln Minerals has confirmed uranium mineralisation at the Eridani Project, with assay results showing significant concentrations. The project is historically noted for its radioactive mineral content, particularly carnotite. Future exploration will focus on detailed sampling and geological mapping, starting December 2024. The company aims to delineate the extent of mineralisation and refine their exploration model, with land access agreements secured. This forms part of Lincoln's strategy to evaluate the area's mineral potential comprehensively.

Insights from Lincoln Minerals' announcement

The exploration results were compiled by Mr. Shane O'Connell, a member of the Australasian Institute of Mining and Metallurgy, and an advisor to Lincoln Minerals.