LNQ: Significant New Mineralisation at the Gilmore Project
Original announcement by asx on
- Company
- LinQ Minerals Limited
- Ticker
- LNQ
- Exchange
- ASX
- Region
- New South Wales
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-10-20 07:06:05 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
LinQ Minerals has reported a significant visual discovery of high sulphidation epithermal and porphyry mineralisation at the Gidginbung South target. The first drill hole (GBRCD021) intersected a 429m mineralised zone, extending the known system 800m south of the Gidginbung deposit.
Reasoning: The announcement reports a significant visual discovery of a large HSE-porphyry system in a new target zone (Gidginbung South), though economic significance is pending assay results.
Positive factors
- Discovery of a potentially large high sulphidation epithermal and porphyry system
- Significant mineralisation width of 429m
- Discovery extends 800m south of previously known southern limit
- System is completely open in all directions
- Strong to intense pyrite observed throughout
Negative factors
- No laboratory assays reported yet (visual assessment only)
- True width not yet determined
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 4
Classification and evidence
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The mineralisation is described via visual assessment of core without reported true widths or drill orientation for the specific intercepts.
Evidence · text
“All widths reported are downhole intervals. The Dam true widths are considered to be approximately 85% of down hole intervals. For drilling south of the Gidginbung pit, true widths are currently unknown.”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: While the JORC table describes general QA/QC protocols, specific assay results for this hole have not been released, making the quality of the actual data unverifiable.
Evidence · text
“Laboratory assays will determine the economic significance of GBRCD021.”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
GBRCD021Gilmore · goldIntercept: 249.6 mView all detailsHide details
Identity
- Hole ID
- GBRCD021
- Project
- Gilmore
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- LNQ
Geometry
- Intercept
- 249.6 m
- From
- 320.2 m
- To
- 569.8 m
- Hole Depth
- 750.3 m
- Intercept Depth
- 320.2 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- GBRCD021:320.2-569.8
- Mining Method
- unknown
Location
- Location
- Gidginbung South
- Easting
- 542665
- Northing
- 6200374
- Elevation
- 292 m
- Azimuth
- 270 °
- Dip
- -50 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS or ALS
- QA/QC Disclosed
- Yes
- QP Signed
- No
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Visual identification of high sulphidation epithermal mineralisation over a wide interval.
Positive factors
- Significant width of 249.6m
Negative factors
- Visual assessment only, no assays
Evidence · table
“249.60”
Context: 320.20
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GBRCD021Gilmore · copperIntercept: 94.7 mView all detailsHide details
Identity
- Hole ID
- GBRCD021
- Project
- Gilmore
- Commodity
- copper
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- LNQ
Geometry
- Intercept
- 94.7 m
- From
- 569.8 m
- To
- 664.5 m
- Hole Depth
- 750.3 m
- Intercept Depth
- 569.8 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- GBRCD021:569.8-664.5
- Mining Method
- unknown
Location
- Location
- Gidginbung South
- Easting
- 542665
- Northing
- 6200374
- Elevation
- 292 m
- Azimuth
- 270 °
- Dip
- -50 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS or ALS
- QA/QC Disclosed
- Yes
- QP Signed
- No
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Visual identification of porphyry-style mineralisation containing chalcopyrite.
Positive factors
- Presence of chalcopyrite noted visually
Negative factors
- Visual assessment only, no assays
Evidence · table
“94.70”
Context: 569.80
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GBRCD021Gilmore · copperIntercept: 33.9 mView all detailsHide details
Identity
- Hole ID
- GBRCD021
- Project
- Gilmore
- Commodity
- copper
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- LNQ
Geometry
- Intercept
- 33.9 m
- From
- 664.5 m
- To
- 698.4 m
- Hole Depth
- 750.3 m
- Intercept Depth
- 664.5 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- GBRCD021:664.5-698.4
- Mining Method
- unknown
Location
- Location
- Gidginbung South
- Easting
- 542665
- Northing
- 6200374
- Elevation
- 292 m
- Azimuth
- 270 °
- Dip
- -50 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS or ALS
- QA/QC Disclosed
- Yes
- QP Signed
- No
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Visual identification of porphyry-style mineralisation containing chalcopyrite.
Positive factors
- Presence of chalcopyrite noted visually
Negative factors
- Visual assessment only, no assays
Evidence · table
“33.90”
Context: 664.50
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
GBRCD021Gilmore · copperIntercept: 51.9 mView all detailsHide details
Identity
- Hole ID
- GBRCD021
- Project
- Gilmore
- Commodity
- copper
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- LNQ
Geometry
- Intercept
- 51.9 m
- From
- 698.4 m
- To
- 750.3 m
- Hole Depth
- 750.3 m
- Intercept Depth
- 698.4 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- GBRCD021:698.4-750.3
- Mining Method
- unknown
Location
- Location
- Gidginbung South
- Easting
- 542665
- Northing
- 6200374
- Elevation
- 292 m
- Azimuth
- 270 °
- Dip
- -50 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS or ALS
- QA/QC Disclosed
- Yes
- QP Signed
- No
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: Visual identification of porphyry-style mineralisation containing chalcopyrite.
Positive factors
- Presence of chalcopyrite noted visually
Negative factors
- Visual assessment only, no assays
Evidence · table
“51.90”
Context: 698.40
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.