Is Linq Minerals Sitting on a Major Gold-Copper Discovery in NSW?
Source: Kapitales Research
Highlights:
Linq Minerals Limited (ASX: LNQ) reported strong gold-copper drill results at its Gilmore project in NSW, including a wide intercept of 144m at 1g/t AuEq from shallow depth.
Drilling confirmed thick, continuous porphyry-style mineralisation over a 300m strike, supporting the potential for a large-scale gold-copper system.
Management said the southern zone is shaping up as a significant mineralised district, with follow-up exploration planned next month.
Strong Drill Results Lift Confidence
Linq Minerals Limited (ASX: LNQ) has delivered encouraging early results from Phase One drilling at its Gilmore project in New South Wales, after intersecting thick zones of gold-copper mineralisation linked to a porphyry system. At the time of writing, the company said the results point to a potentially large and continuous mineralised system developing in the project’s southern zone. Four reverse circulation drill holes were carried out across the southern zone, covering the Gidginbung and Dam epithermal and porphyry targets. The opening hole at Dam returned a strong intercept of 144 metres at 1g/t AuEq from 84 metres, pointing to extensive shallow mineralisation.
Thick, Continuous Mineralisation Emerging
A step-out hole drilled 110 metres south of earlier drilling delivered similarly strong results, extending the known mineralisation along strike. This new data suggests Linq has now outlined continuous high-grade mineralisation across roughly 300 metres, with strong gold and copper values maintained over broad widths. The drilling showed porphyry-style quartz-sulphide veining in every hole before the rigs passed through a large geological structure that geologists believe forms the western edge of the mineralised zone. Several higher-grade zones were also identified within the broader intercepts, reinforcing the geological model of a robust gold-copper porphyry system at depth.
Why This Matters for Investors
Porphyry systems are prized because of their scale and long mine life potential. The combination of wide mineralised intervals, shallow depth, and consistent grades is particularly attractive for future development. Clive Donner said the results show the southern zone is shaping up as a significant mineralised district, with the Dam prospect standing out because of its location near the existing Gidginbung open pit. “With these results, we’re seeing a system with both size and quality,” he said, adding that follow-up exploration is planned next month. At the time of writing, Linq Minerals’ exploration success is positioning Gilmore as one of the more compelling emerging gold-copper projects in New South Wales — and one that the market will be watching closely.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Is Linq Minerals Sitting on a Major Gold-Copper Discovery in NSW?
Highlights:
Strong Drill Results Lift Confidence
Linq Minerals Limited (ASX: LNQ) has delivered encouraging early results from Phase One drilling at its Gilmore project in New South Wales, after intersecting thick zones of gold-copper mineralisation linked to a porphyry system. At the time of writing, the company said the results point to a potentially large and continuous mineralised system developing in the project’s southern zone. Four reverse circulation drill holes were carried out across the southern zone, covering the Gidginbung and Dam epithermal and porphyry targets. The opening hole at Dam returned a strong intercept of 144 metres at 1g/t AuEq from 84 metres, pointing to extensive shallow mineralisation.
Thick, Continuous Mineralisation Emerging
A step-out hole drilled 110 metres south of earlier drilling delivered similarly strong results, extending the known mineralisation along strike. This new data suggests Linq has now outlined continuous high-grade mineralisation across roughly 300 metres, with strong gold and copper values maintained over broad widths. The drilling showed porphyry-style quartz-sulphide veining in every hole before the rigs passed through a large geological structure that geologists believe forms the western edge of the mineralised zone. Several higher-grade zones were also identified within the broader intercepts, reinforcing the geological model of a robust gold-copper porphyry system at depth.
Why This Matters for Investors
Porphyry systems are prized because of their scale and long mine life potential. The combination of wide mineralised intervals, shallow depth, and consistent grades is particularly attractive for future development. Clive Donner said the results show the southern zone is shaping up as a significant mineralised district, with the Dam prospect standing out because of its location near the existing Gidginbung open pit. “With these results, we’re seeing a system with both size and quality,” he said, adding that follow-up exploration is planned next month. At the time of writing, Linq Minerals’ exploration success is positioning Gilmore as one of the more compelling emerging gold-copper projects in New South Wales — and one that the market will be watching closely.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au