LinQ Minerals Gold Discovery Delivers Massive 95-Metre Intersection

LinQ Minerals Strikes Gold with Massive 95-Metre High-Grade Intersection

LinQ Minerals Limited (ASX: LNQ) has delivered another stellar drilling result from its Gidginbung deposit, with hole GBRCD013 intercepting 95 metres at 2.14g/t gold equivalent from just 108 metres depth. This latest LinQ Minerals gold discovery represents the fourth gold equivalent result exceeding 100 gram-metres reported within two months, reinforcing the Southern Zone's emergence as a significant mineralised district.

The standout result includes a spectacular high-grade zone of 49 metres at 3.78g/t gold equivalent from 125 metres, demonstrating the robust continuity of mineralisation extending 160 metres south of the existing open pit.

Drilling Success Highlights Growing Southern Zone Potential

GBRCD013's exceptional results have validated Executive Chair Clive Donner's confidence in the project's expansion potential. Furthermore, the hole successfully confirmed and exceeded historical results from a 1990s drill hole (TD072), which recorded 40 metres at 2.95g/t gold equivalent from 128 metres.

Key Intersections from GBRCD013

The drilling has also intercepted significant silver mineralisation near surface, grading up to 100g/t silver, adding further value to the mineralised system.

Executive Chair Clive Donner commented: "This step out drilling result 160m south of our Gidginbung open pit is a significant development for LinQ, demonstrating that the system is open with shallow, high-grade and thick mineralisation. There is potential to extend mineralisation over 1km to the south of the open pit."

Understanding Gold Equivalent Calculations

Gold Equivalent (Au Eq) combines gold and copper grades into a single metric, allowing investors to easily compare the total metal value of intersections. This calculation method provides a simplified way to assess the economic potential of deposits containing multiple metals.

LinQ calculates Au Eq using assumed commodity prices of US$2,500/oz for gold and US$10,000/tonne for copper, with metal recovery rates based on similar deposit types. For the Gidginbung system, assumed recoveries are 91% for gold and 93% for copper, based on processing results from comparable high-sulphidation deposits.

Why Gold Equivalent Matters for Investors

This LinQ Minerals gold discovery metric proves crucial for investors as it translates complex multi-metal intersections into understandable economic terms. The 95-metre intersection at 2.14g/t Au Eq translates to approximately 203 gram-metres of contained metal, representing a substantial result by industry standards.

In addition, gold equivalent calculations enable direct comparison with single-metal projects, simplifying investment decision-making for portfolio managers and retail investors alike.

Expanding Drilling Campaign Builds Resource Confidence

The success at Gidginbung South builds upon an impressive Phase 1 drilling campaign that has consistently delivered substantial intersections across the Southern Zone. This systematic exploration approach has established the LinQ Minerals gold discovery as a potentially significant mineralised district.

Recent High-Grade Results

• GBRCD010: 21m at 2.72g/t Au Eq and 31m at 2.46g/t Au Eq

• GBRCD011: 21m at 3.03g/t Au Eq from 145m

• Dam Deposit: Three consecutive holes averaging 140+ metres at 1.0g/t Au Eq

The company is rapidly scaling operations, with three drilling rigs scheduled to be on-site by March 2026. This expanded drilling capacity will accelerate definition of the mineralised system and support potential resource upgrades across the broader project area.

However, the true significance lies in the consistency of results, which suggests a well-defined geological control on mineralisation throughout the Southern Zone corridor.

Strategic Position in Premier Gold-Copper Province

LinQ holds a commanding position within the Macquarie Arc, Australia's premier porphyry gold-copper province. The company's 597km² tenement package spans a 60-kilometre belt containing over 20 known prospects and six mineral resource deposits.

Project Fundamentals

The Gilmore Project hosts analogous geological systems to the region's major operating mines, including Cadia, Cowal, and Northparkes, providing strong geological precedent for large-scale discoveries. This positioning enhances the potential significance of the LinQ Minerals gold discovery within a proven mineralised province.

Moreover, the proximity to established infrastructure provides significant cost advantages for potential future development scenarios.

Investment Timeline and Upcoming Catalysts

LinQ's accelerated drilling programme positions the company for multiple near-term catalysts that could further advance the LinQ Minerals gold discovery story. For instance, the systematic approach to resource definition creates multiple value inflection points over the coming quarters.

Immediate Milestones (Q1 2026)

• Three-rig drilling programme commencing March 2026

• Continued step-out drilling at Gidginbung South

• Resource definition drilling at Dam deposit

Medium-term Objectives

• Potential resource updates incorporating new drilling

• Expansion drilling along the 1km+ southern strike extent

• Evaluation of depth extensions beneath the existing pit

The company's strategic focus on the Southern Zone reflects the area's potential to host a significant mineralised district, with ongoing drilling designed to define both lateral and depth extensions.

Furthermore, the accelerated timeline positions LinQ to potentially deliver multiple resource updates throughout 2026, maintaining strong newsflow for investors.

Why Investors Should Follow LinQ Minerals

LinQ Minerals has established itself as a compelling gold-copper exploration story with several key investment differentiators that support the ongoing LinQ Minerals gold discovery potential.

Key Investment Differentiators

1. Proven Geological System: Consistent high-grade intersections demonstrate robust mineralisation continuity

2. Strategic Location: Premium position in Australia's premier porphyry province with established infrastructure

3. Substantial Resource Base: 3.7Moz gold and 1.2Mt copper provide strong foundation for expansion

4. Accelerating Programme: Three-rig drilling campaign will rapidly advance project understanding

5. Multiple Deposit Types: Diversified geological portfolio reduces exploration risk

The latest drilling success at GBRCD013 reinforces LinQ's potential to deliver substantial resource growth within a proven mineralised system. With systematic exploration of a 1+ kilometre southern extension corridor planned, the company is well-positioned to maximise value from its strategic tenement holdings.

In addition, the company's disciplined approach to capital allocation ensures maximum drilling metres per dollar invested, optimising shareholder value creation throughout the exploration phase.

What Makes This Discovery Significant?

The combination of shallow depth, high grades, and substantial widths creates an attractive development profile for potential future mining scenarios. The 95-metre intersection starting at just 108 metres depth suggests excellent strip ratios and low mining costs.

However, the true value lies in the system's apparent scale, with mineralisation potentially extending over 1+ kilometres along strike from the existing pit footprint.

Key Takeaway: LinQ Minerals has demonstrated the shallow, high-grade potential of its Southern Zone with four exceptional intersections exceeding 100 gram-metres in two months. The upcoming three-rig drilling programme could rapidly expand the known mineralisation footprint, making LNQ a compelling exploration play in Australia's premier gold-copper province.

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