Haranga Resources Limited is nearing the completion of dewatering operations at the Lincoln Gold Project in California, clearing the way for a new phase of underground activity. The company has moved to install a new underground Mine Power Centre at XC7, which is scheduled for arrival and commissioning in mid-August.

This infrastructure work is a prerequisite for a 1,600m diamond drilling programme at XC11, which the company expects to begin in late August. Haranga is currently finalizing discussions with its drilling contractor, Swick, to facilitate the work.

“Since delivering the maiden JORC Mineral Resource Estimate at Lincoln, the Company has undertaken substantial technical work and detailed planning to determine the most efficient, cost-effective and disciplined pathway for advancing the Project.”

— Michael Davy, Chairman

Beyond immediate operations, Haranga is reviewing the potential conversion of the South Spring Hill Exploration Target into an Inferred Mineral Resource during the third quarter of 2026. The company also intends to release an updated Mineral Resource Estimate for Lincoln in the fourth quarter of 2026.

As it progresses toward a potential project restart, Haranga is conducting milling studies to evaluate process flowsheets, with a focus on maximizing recovery through gravity and flotation circuits. The studies include planning for operations at a rate of up to 907 tonnes per day.

At the corporate level, Haranga is actively interviewing candidates for the Managing Director position. The search is specifically focused on individuals with a track record of transitioning resource projects into production.

The company is also evaluating the potential divestment of its Saraya Uranium asset in Senegal. This move is intended to prioritize capital allocation toward the expansion and development of its gold portfolio.

Read the full announcement: Drilling and Rapid Restart Initiatives Advance at Lincoln