Lincoln Minerals Says Graphite Project Is Viable

Sep. 19, 2012 01:25PM PST

Mining Weekly reported Lincoln Minerals (TSXV:LMGmASX:LML) said a scoping study into its Koppio-Kookaburra Gully graphite project shows the project is viable.

Mining Weekly reported Lincoln Minerals (TSXV:LMG,ASX:LML) said a scoping study into its Koppio-Kookaburra Gully graphite project shows the project is viable.

As quoted in the market news:

The scoping study contemplated a 200 000 t/y graphite operation, consisting of an opencut mine and an on-site processing plant. The study was based on an inferred resource of some 880 000 t at 11.5% graphitic carbon.
It was expected that the project would require a capital investment of some A$37.9-million.

Click here to read the full Mining Weekly report.

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