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Linq Minerals Limited ( (AU:LNQ) ) has shared an update.
LinQ Minerals reported a half-year loss of $2.41 million to 31 December 2025, widening from the prior comparable period as it ramped up exploration at its Gilmore Gold-Copper Project in New South Wales. The company undertook its first modern drilling in more than 20 years at the Gidginbung deposit and restarted drilling at the Dam deposit, targeting continuity and extensions of known mineralisation.
The maiden campaign focused on the Southern Zone, including Gidginbung and Dam, with additional work in the Central Zone at Mandamah, and was designed to identify higher-grade zones and collect samples for metallurgical testing. Together, Gidginbung and Dam host a mineral resource of 55 million tonnes containing about 1.2 million ounces of gold and 120,000 tonnes of copper, within a broader Gilmore project resource of 516 million tonnes, underscoring the strategic potential despite near-term losses.
The most recent analyst rating on (AU:LNQ) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on Linq Minerals Limited stock, see the AU:LNQ Stock Forecast page.
More about Linq Minerals Limited
LinQ Minerals Limited is an Australian mineral exploration company focused on gold and copper projects in New South Wales. Its flagship Gilmore Gold-Copper Project hosts significant mineral resources, positioning the company within the exploration stage of the precious and base metals sector.
Average Trading Volume: 1,303,619
Technical Sentiment Signal: Strong Buy
For an in-depth examination of LNQ stock, go to TipRanks’ Overview page.