Lincoln confirms multiple uranium anomalies at Yallunda

Lincoln Minerals has identified multiple uranium anomalies at its Yallunda project on South Australia’s Eyre Peninsula.

This follows the completion of a soil and rock chip sampling program across tenements EL6648, EL5922, and EL6024, with assay results confirming the presence of uranium at key geological boundaries.

“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,” Lincoln Minerals chief executive officer Jonathon Trewartha said.

“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.”

Sample YD38 revealed uranium values of 11.5 parts per million (ppm), with 380ppm vanadium and 36ppm molybdenum.

Other samples, including YD39 and YD41, returned uranium values ranging from 11ppm to 27ppm.

Additional anomalies were detected in sandstone and sedimentary rocks overlying the Miltalie Gneiss, particularly in samples YD09 and YD10, which returned uranium concentrations of 8.5 to 10ppm.

“We are planning a more comprehensive exploration program at Yallunda to commence in the second half of 2025 to map key lithological boundaries, undertake further geochemical sampling as well as geophysical surveys which will help us define potential mineralised zones,” Trewartha said.

“South Australia holds significant uranium resources and existing mining operations for uranium, and we look forward to providing updates on our work at Yallunda.”

Lincoln Minerals’ follow-up exploration program in the second half of 2025 will advance the company’s understanding of the Yallunda project and its broader uranium potential.