Kalkine: ASX 200 Watch: Lincoln Minerals Signs Native Title Deal for Jungle Dam Uranium Project

3 min read | June 05, 2025 02:23 PM AEST | By Team Kalkine Media

Highlights

  • Lincoln Minerals (ASX:LML) formalises Native Title Mining Agreement with Gawler Ranges Aboriginal Corporation

  • Agreement grants access to Jungle Dam uranium prospect under Exploration Licence 5942 in South Australia

  • Drilling at Jungle Dam expected to begin later this year with historical data supporting exploration

The exploration and mining sector saw notable movement as Lincoln Minerals Limited (ASX:LML) signed a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation. This development enables the company to continue advancing work at its Jungle Dam uranium project in South Australia. Jungle Dam, located under Exploration Licence 5942, lies northeast of Kimba and is recognised for greenfields uranium mineralisation first identified more than a decade ago.

The ASX 200, which tracks major Australian companies and reflects broader market sentiment, remains a key index within which resource-focused entities like Lincoln Minerals contribute sector-specific developments.

Lincoln Secures Access to Jungle Dam Site

With the Native Title Mining Agreement now in place, Lincoln will proceed with registration through the Department of Energy and Mining. Upon completion, the company will receive authorised access to the Jungle Dam tenement for exploration purposes. This step allows for the initiation of a new drilling campaign aimed at identifying uranium mineralisation in the area.

The Jungle Dam project is situated in South Australia’s Gawler Craton, a region known for its geological potential. The planned exploration follows earlier discoveries and aims to confirm findings from drillhole WCRC008, which recorded notable intersections in earlier field programs.

Historical and Open-Source Data to Guide New Drilling

Lincoln’s exploration strategy at Jungle Dam is being shaped by historical gravity survey information along with open-access datasets released by the South Australian government. These resources are expected to enhance the accuracy of drilling activity by supporting location-based decisions grounded in past geological records.

The company has scheduled drilling to commence later in the year. This aligns with Lincoln’s broader exploration timeline across its critical minerals projects, particularly within uranium and graphite interests in the Gawler Craton.

Collaboration with Traditional Landowners

The Native Title Mining Agreement was signed in partnership with the Gawler Ranges Aboriginal Corporation, representing the Barngarla, Kokatha, and Wirangu peoples. These Traditional Owners oversee land use activities across a large area, including the Jungle Dam site and the surrounding region.

The arrangement reflects a structured approach to land access, designed to support ongoing mineral exploration while respecting cultural protocols and community-led land management. The corporation’s involvement ensures that exploration activities are conducted within agreed frameworks that balance resource development and traditional custodianship.

Company’s Broader Regional Focus

Lincoln Minerals remains engaged in developing a portfolio of critical minerals assets throughout the Gawler Craton. The company's strategy includes advancing uranium and graphite prospects with emphasis on compliance, environmental stewardship, and constructive engagement with local stakeholders.

Jungle Dam represents a key asset in this regional exploration approach. With administrative steps progressing and groundwork informed by geological data, the area is set for further exploration activity aligned with regulatory approvals and community agreements.


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