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Linq Minerals Reaffirms Gilmore Gold-Copper Project Assumptions

Story Highlights
  • Linq Minerals reiterated gold-equivalent assumptions for its Gilmore Gold Copper Project.
  • The company stressed prior resource data remains current and that its presentation is informational only.
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Linq Minerals Reaffirms Gilmore Gold-Copper Project Assumptions

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Linq Minerals Limited ( (AU:LNQ) ) has issued an announcement.

Linq Minerals used its Ignite Hong Kong Conference presentation to reiterate technical details on exploration results at its Gilmore Gold Copper Project. The company outlined the assumptions behind its gold-equivalent calculations, including metal prices and recovery factors, and confirmed that all elements used in the metal equivalent formula have reasonable prospects of economic recovery.

The release also emphasized that the presentation is informational only, not an offer or financial advice, and that the company disclaims liability for reliance on its contents. Linq further confirmed that its previously released exploration and mineral resource information remains current, with no material changes to underlying assumptions or technical parameters disclosed to the market.

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 ASX-listed exploration company focused on gold and copper, with its key asset being the Gilmore Gold Copper Project. The company operates within the minerals exploration sector and reports its exploration results and mineral resource estimates in line with the JORC Code, using metal equivalent calculations based on assumed commodity prices and recoveries.

Average Trading Volume: 1,033,677

Technical Sentiment Signal: Strong Buy

For a thorough assessment of LNQ stock, go to TipRanks’ Stock Analysis page.

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