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LinQ Minerals Limited (ASX:LNQ)

ALERT: Price-sensitive ASX Announcement for LNQ
Current share price for LNQ : $0.370 0.02 (5.71%)+
Announcement
Release
18 Jun 2026 8:16AM
Price at Release
$0.350
Full Release
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Summary
LinQ Minerals Limited announced the identification of a large geophysical Induced Polarisation drill target south of the Gidginbung mineral resource. This target, approximately 1km south, potentially represents a southern continuation of the Gidginbung system. The company is planning to drill test this target, as well as explore the concept of a fault offset portion of a potential blind Gidginbung North porphyry complex at the Dam deposit. This is part of LinQ's ongoing exploration efforts in the Southern Zone of their Gilmore Project, which spans a 6km mineralised corridor. The recent MIMDAS Induced Polarisation survey has provided compelling data supporting these targets.
Key Points
  • Geophysical IP survey identifies a drill target south of Gidginbung.
  • Planning is underway to test both southern and northern targets.
  • The Dam deposit may represent a fault offset from an undiscovered porphyry system.
  • The Gilmore Project spans a 6km mineralised corridor with several prospects.
  • Recent MIMDAS IP survey results support the drill targets.
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.