Lincoln Minerals Limited (AU:LML) has released an update.
Lincoln Minerals Limited has reported a significant upgrade to their Kookaburra Graphite Project, with a 114% increase in resources, now totaling 12.8 million tonnes at 7.6% TGC and containing 973,000 tonnes of graphite. The upgrade reinforces the project’s status as the second largest graphite resource on the Eyre Peninsula and sets the stage for an updated Pre-Feasibility Study expected later this year. Amid ongoing Chinese export restrictions, this development is timely as it may positively influence future graphite pricing and market dynamics.
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