Lincoln Minerals Unveils New High-Priority Targets at Minbrie, Confirming Vast Copper-Base Metals System
Lincoln Minerals has expanded its exploration footprint at the Minbrie Copper-Base Metals Project, identifying two new drill-ready targets and confirming a large-scale multi-metal sulphide system stretching over 7km. Fully funded for drilling, the company aims to unlock significant growth potential in South Australia’s Eyre Peninsula.
- Two additional high-priority drill targets defined at Minbrie
- Large-scale multi-metal sulphide system confirmed over 7km strike
- Northern Area remains open in all directions with strong growth potential
- Recent $2.25 million equity raise fully funds upcoming drilling
- Drilling program expected to commence November 2025, pending approvals
Expanding the Minbrie Footprint
Lincoln Minerals Limited (ASX – LML) has announced a significant advancement in its exploration campaign at the Minbrie Copper-Base Metals Project, located on South Australia’s Eyre Peninsula. The company has identified two new high-priority drill targets, Early Blaze and Novamac, which complement the previously discovered mineralised zones near the BUDD192 discovery hole. This expansion underscores the presence of a large-scale, multi-metal sulphide system extending over an impressive 7 kilometres of strike.
Unlocking Hidden Potential Through Re-assaying
Lincoln’s recent work involved re-assaying historic drill core from a 2011 program originally focused on iron ore, which overlooked the base metal potential beneath the banded iron formation units. This re-examination revealed multiple sulphide-rich zones, including significant copper, lead, zinc, and silver mineralisation. Notably, the Northern Area remains open in all directions, suggesting substantial upside for resource expansion.
Strategic Funding and Upcoming Drilling
The company’s recent $2.25 million equity raise ensures it is fully funded to execute a comprehensive drilling program planned to start in November 2025, subject to final regulatory approvals. The initial phase will focus on the Domine target adjacent to the discovery hole, aiming to test extensions of oxide and supergene mineralisation. Subsequent phases will target the newly defined Early Blaze and Novamac zones, which feature complex structural geology that may host thicker and higher-grade mineralised zones.
Geological Insights and Growth Prospects
Structural analysis indicates that late-stage east-west brittle faults have created vertical displacements and repetitions in the stratigraphy, potentially preserving near-surface mineralisation in the Early Blaze area. The Novamac target shares similar favourable geology but remains structurally complex, with potential for concealed or remobilised sulphide mineralisation. These geological factors enhance the prospectivity of the Minbrie project, which is situated in a highly regarded mining jurisdiction with excellent infrastructure access.
Looking Ahead
Lincoln Minerals is progressing permitting with the South Australian Department of Mines, navigating minor delays due to system upgrades. Once approvals are secured, the company will commence drilling to test these promising targets. With a portfolio that also includes graphite and magnetite projects, Lincoln is positioning itself to play a pivotal role in supplying critical minerals essential for the global energy transition.
Bottom Line?
As Lincoln prepares to drill new targets at Minbrie, the market will be watching closely for assay results that could redefine the project’s scale and value.
Questions in the middle?
- Will the upcoming drilling confirm extensions of the high-grade mineralisation seen at BUDD192?
- How might structural complexities at Early Blaze and Novamac influence resource size and grade?
- What impact will the timing of regulatory approvals have on Lincoln’s exploration momentum?
