Lincoln Minerals (ASX:LML) has commenced drilling on its Koppio Graphite project in South Australia.
The drilling programme comprises approximately 6000m of Air Core drilling over highly prospective graphite mineralized areas, commencing at Koppio before the rig moves to the Kookaburra Gully Extended exploration targets and finally drilling the Kookaburra Gully Deposit.
The company expects the drilling program to take approximately three to four weeks to complete, depending on ground conditions and other factors.
Background
The Kookaburra Gully Extended prospects are along strike to the south from the flagship, Kookaburra Gully measured, indicated and inferred JORC 2012 resource estimation.
Improved graphite Mineral Resource Status at Kookaburra Gully on South Australia’s Eyre Peninsula), and the Koppio Prospect, which includes an inferred graphite resource of 1.85Mt @9.8% (Total Graphitic Carbon -TGC at 5% cut-off).
The drilling programme is being carried out by Bullion Drilling and will involve the drilling of approximately 100 air core holes.
The programme is designed to:
• Test the continuity and extent of the high-grade graphite mineralization identified in previous drilling at Koppio and Kookaburra Gully.
• Drill the exploration targets at Kookaburra Gully Extended which have strong conductive anomalies associated with graphite mineralization.
• Provide additional information for the company’s resource estimation studies and importantly, add valuable data toward the review of its mining feasibility study at the Kookaburra Gully graphite deposit.
For further information please visit: https://lincolnminerals.com.au/
