Commences drilling at high-grade North Knoll target

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Stock Lindian Resources Ltd (LIN.ASX)
Release Time 8 Dec 2025, 8:21 a.m.
Price Sensitive Yes
 Lindian commences drilling at high-grade North Knoll target
Key Points
  • Drilling commenced at the North Knoll prospect, located 800 metres north of the Kangankunde Central Carbonatite Inferred Mineral Resource
  • North Knoll hosts high-grade ferroan dolomite carbonatite lenses with previously reported rock-chip samples returning up to 7.15% TREO
  • The initial drilling program is designed to test the down-dip and along-strike continuity of these high-grade lenses
Full Summary

Lindian Resources Limited (ASX: LIN) has commenced an initial drilling program at the high-grade North Knoll prospect, located approximately 800 metres north of the Kangankunde Central Carbonatite Inferred Mineral Resource in Malawi. The program is designed to test the depth and continuity of previously reported high-grade, NdPr-rich surface mineralisation at North Knoll. Highlights include:- North Knoll hosts high-grade ferroan dolomite carbonatite lenses, with previously reported rock-chip samples returning up to 7.15% TREO, 5.15% TREO and 4.69% TREO.- 8 rock-chip samples were collected from North Knoll outcrops grading between 2.07% and 7.15% TREO, all reporting NdPr/TREO between 19.2% and 28.8% (averaging 21%), consistent with the main Kangankunde deposit.- The initial drilling program is designed to test the down-dip and along-strike continuity of these high-grade lenses and assess their potential to contribute high-grade feed for Stage 1 of the Kangankunde project.If drilling confirms the continuity of high-grade, NdPr-rich mineralisation at North Knoll, it may provide optionality for higher-grade feed, improved mine scheduling flexibility and potential value uplift over the life of the operation.

Outlook

Positive drill results at North Knoll have the potential to complement the existing Kangankunde Central Carbonatite Mineral Resource and enhance the high-grade inventory available to the planned Stage 1 operation.