Lincoln Minerals Limited (ASX:LML) Announces Multiple Uranium Anomalies at Yallunda Project
Exploration Results
Lincoln Minerals Limited (ASX:LML) has identified multiple uranium anomalies at its Yallunda Project in South Australia, expanding on previous survey data through a comprehensive soil and rock chip sampling programme. The assay results confirmed key anomalies across various exploration tenements, highlighting the project’s potential for future discoveries.
Executive Comments
CEO Jonathon Trewartha stated, “Initial results from our assaying program at Yallunda are very encouraging, highlighting multiple uranium anomalies and confirming contact between the Moody Suite granites and the Hutchison Group metasediments. In particular, soil sample YD38 has highlighted a uranium-vanadium-molybdenum anomaly, and these are characteristic of redox-controlled uranium mineralisation, therefore providing a further follow-up target.”
Next Steps
Lincoln Minerals plans to initiate a more comprehensive exploration programme at Yallunda in the second half of 2025. This will include detailed mapping of key lithological boundaries, additional geochemical sampling, and geophysical surveys to define potential mineralised zones.
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