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LinQ Minerals Limited (ASX:LNQ)

ALERT: Price-sensitive ASX Announcement for LNQ
Current share price for LNQ : $0.440 0.085 (23.94%)+
Announcement
Release
5 May 2026 8:11AM
Price at Release
$0.355
Full Release
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Summary
LinQ Minerals Limited announced significant drilling results at the Dam deposit within the Southern Zone of the Gilmore Project. The key highlight is an intersection of 114 meters at 1.19 grams per ton gold equivalent, indicating an expansion of the high-grade gold and copper core to over 400 meters within a known mineralized strike of 1.2 kilometers. Several holes have exceeded 100 gram/metre gold equivalent intersections, and the high-grade mineralization remains open at depth and along strike. Nine additional holes have been completed, with results pending. The company's drilling program aims to further extend the higher-grade core and discover additional high-grade cores within wide-spaced drilling across the northern strike of the deposit.
Key Points
  • 114 meters at 1.19 g/t Au Eq from 144m in hole TDRCD005.
  • Extension of high-grade core along strike to over 400 meters.
  • Four out of five initial holes exceeded 100 gram/metre Au Eq intersections.
  • Potential for further high-grade core discoveries in wide-spaced drilling.
  • Nine additional holes completed with pending results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.