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Linq Minerals Limited ( (AU:LNQ) ) just unveiled an announcement.
Linq Minerals has reported another substantial intercept from its Dam prospect at the Gilmore Project, with second hole TDRCD002 returning 142 metres at 1.01 grams per tonne gold equivalent from 121 metres, located about 600 metres from the Gidginbung open pit. Together with the previously announced TDRCD001 and historical hole DD93GB45, the new result confirms the continuity and coherence of a shallow, high-grade gold-copper core along the southern strike of the Dam deposit, reinforcing the Southern Zone as a significant mineralised district. Assay results from two additional Dam holes are pending, and drilling is set to resume at both Gidginbung and the Dam, pointing to a steady pipeline of exploration news that could further shape the resource profile and development options for the project.
The most recent analyst rating on (AU:LNQ) stock is a Buy with a A$0.44 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, with key activities centred on the Gilmore Project near the Gidginbung open pit in New South Wales. The company is advancing porphyry-related gold-copper targets, particularly within the Southern Zone, as it seeks to define shallow, higher-grade mineralised cores that could enhance the project’s overall development potential.
Average Trading Volume: 517,309
Technical Sentiment Signal: Strong Buy
See more data about LNQ stock on TipRanks’ Stock Analysis page.