LNQ: LinQ - Ignite Hong Kong Conference Presentation

Original announcement by asx on

Company
LinQ Minerals Limited
Ticker
LNQ
Exchange
ASX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
Copper, Molybdenum
Document categories
Resource update, Drill results, Other
Extracted
2026-10-13 22:44:08 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

LinQ Minerals Limited presented an overview of its Gilmore Gold Copper Project, highlighting a substantial JORC-compliant global Mineral Resource Estimate of 516 Mt containing 3.7 Moz gold and 1.2 Mt copper. The presentation also detailed new high-grade drill results from the Monza target, including 150m at 1.62% CuEq, and outlined a 30,000m growth and discovery drilling program underway. The company emphasizes the project's significant scale, growth potential, and tier-1 location with existing infrastructure.

Reasoning: The presentation highlights a substantial JORC-compliant global Mineral Resource Estimate for the Gilmore Gold Copper Project, alongside new high-grade drill results from the Monza target, indicating significant growth potential and ongoing exploration.

Positive factors

  • Large global JORC MRE with significant contained metal for gold and copper
  • New high-grade drill intercepts reported from Monza target
  • Ongoing 30,000m growth and discovery drilling program underway
  • JORC compliant resource estimates with Competent Person sign-off
  • Project located in a Tier 1 jurisdiction with existing infrastructure

Negative factors

  • Resource estimates are based on previously released information, reducing novelty
  • Metal equivalent calculations use preliminary recoveries, introducing some uncertainty
  • Some drill results are reported as CuEq only without individual metal grades

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 4

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Resource Estimates (4)

inferredGilmore Project · goldTonnes: 3500000Grade: 1Grade Unit: g/tContained Metal: 110000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gilmore Project
Commodity
gold
Ticker
LNQ

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Scott Munro, Mr. Arnold van der Heyden
Resource group id
resource:7979d55596763abb7f34
Deposit or zone
MANDAMAH
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3500000
Grade
1
Grade Unit
g/t
Contained Metal
110000
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-12-31

Metal Equivalent

Metal Eq. Grade
0.2
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is an inferred oxide gold resource for Mandamah, part of the overall Gilmore project, with a moderate grade and contained metal, but it is an inferred category and based on a 2024 estimate.

Positive factors

  • JORC compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · table

“1”

Context: 3.5

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedGilmore Project · goldTonnes: 4800000Grade: 0.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Gilmore Project
Commodity
gold
Ticker
LNQ

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Scott Munro, Mr. Arnold van der Heyden
Resource group id
resource:92b96b2ea04df8da37dd
Deposit or zone
GIDGINBUNG
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
4800000
Grade
0.6
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-12-31

Metal Equivalent

Metal Eq. Grade
0
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is an indicated oxide gold resource for Gidginbung, part of the overall Gilmore project, with a moderate grade, but it is based on a 2024 estimate.

Positive factors

  • JORC compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Indicated Resource

Negative factors

  • Stale Estimate

Evidence · table

“0.6”

Context: 4.8

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredGilmore Project · goldTonnes: 3300000Grade: 0.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
Gilmore Project
Commodity
gold
Ticker
LNQ

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Scott Munro, Mr. Arnold van der Heyden
Resource group id
resource:61d737bdcd48c750df1b
Deposit or zone
GIDGINBUNG
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3300000
Grade
0.4
Grade Unit
g/t
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-12-31

Metal Equivalent

Metal Eq. Grade
0
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is an inferred oxide gold resource for Gidginbung, part of the overall Gilmore project, with a weak grade, and is based on a 2024 estimate.

Positive factors

  • JORC compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · table

“0.4”

Context: 3.3

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedGilmore Project · goldTonnes: 4800000Grade: 0.6Grade Unit: g/tContained Metal: 250000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gilmore Project
Commodity
gold
Ticker
LNQ

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr. Scott Munro, Mr. Arnold van der Heyden
Resource group id
resource:85bc7c4f50f1f1ab74b5
Deposit or zone
TOTAL OXIDE
Mining method
open_pit
Material type
oxide
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
4800000
Grade
0.6
Grade Unit
g/t
Contained Metal
250000
Contained Unit
oz
Cutoff Grade
0.3
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2024-12-31

Metal Equivalent

Metal Eq. Grade
0
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This is an indicated oxide gold resource for the total oxide component of the Gilmore project, with a moderate grade, but it is based on a 2024 estimate.

Positive factors

  • JORC compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Indicated Resource

Negative factors

  • Stale Estimate

Evidence · table

“0.6”

Context: 4.8

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.