Posted: 2024-05-30 06:28:46

Lincoln’s latest mineral resource estimate for KGP sits at 12.8 million tonnes at 7.6 per cent TGC for 973,000 tonnes of contained graphite.

Management says further resource growth is possible as the KGP has a multitude of electromagnetic (EM) anomalies that spread south-west and north-east and span more than 15km. It is planning to drill targets outside the known mineralisation areas later this year.

KGP is made up of three near-surface, high-grade graphite deposits – Kookaburra Gully, Koppio and an area coined “Kookaburra Gully Extended”. The ore can be accessed via multiple shallow open pits that require simple conventional processing, involving a crushing, grinding and floatation processing circuit.

Lincoln says its prefeasibility study (PFS) for KGP is looming and is due for completion in this year’s fourth quarter. The study targets 60,000 tonnes to 100,000 tonnes of graphite concentrate production per year.

After featuring prominently in last year’s edition of the Australian Critical Minerals Prospectus, Lincoln is riding the wave of interest in its KGP by joining Australia’s trade mission to the United Kingdom, France and Germany. The international roadshow placed the company at front of mind for a network of offtakers in the EV battery space, in addition to companies involved in the automotive, defence, electronics and aerospace fields.

Trewartha is traveling with the mission to show just why Kookaburra may have the last laugh on its way to graphite production.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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