# LNQ: Significant New Mineralisation at the Gilmore Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lnq-significant-new-mineralisation-at-the-gilmore-project--c4f7a3ae-4dfb-43db-9e29-4fb8ae11c8d9

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154710

Publisher: asx

Original announcement: 2026-10-20T05:52:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-20T07:06:04.986Z

Atlas analysis updated: 2026-10-20T07:06:04.986Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Discovery of a potentially large high sulphidation epithermal and porphyry system

- Positive factor: Significant mineralisation width of 429m

- Positive factor: Discovery extends 800m south of previously known southern limit

- Positive factor: System is completely open in all directions

- Positive factor: Strong to intense pyrite observed throughout

- Negative factor: No laboratory assays reported yet \(visual assessment only\)

- Negative factor: 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 Only**

Polarity: negative

Definition: 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 Disclosure**

Polarity: negative

Definition: 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)

### GBRCD021

[Link to this fact](https://atlas-staging.minestarters.com/news/lnq-significant-new-mineralisation-at-the-gilmore-project--c4f7a3ae-4dfb-43db-9e29-4fb8ae11c8d9#fact-drill-facts-0)

Gilmore · gold

#### 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 factor: Significant width of 249.6m

- Negative factor: Visual assessment only, no assays

Evidence · table

> 249.60

Context: 320.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GBRCD021

[Link to this fact](https://atlas-staging.minestarters.com/news/lnq-significant-new-mineralisation-at-the-gilmore-project--c4f7a3ae-4dfb-43db-9e29-4fb8ae11c8d9#fact-drill-facts-1)

Gilmore · copper

#### 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 factor: Presence of chalcopyrite noted visually

- Negative factor: Visual assessment only, no assays

Evidence · table

> 94.70

Context: 569.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GBRCD021

[Link to this fact](https://atlas-staging.minestarters.com/news/lnq-significant-new-mineralisation-at-the-gilmore-project--c4f7a3ae-4dfb-43db-9e29-4fb8ae11c8d9#fact-drill-facts-2)

Gilmore · copper

#### 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 factor: Presence of chalcopyrite noted visually

- Negative factor: Visual assessment only, no assays

Evidence · table

> 33.90

Context: 664.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GBRCD021

[Link to this fact](https://atlas-staging.minestarters.com/news/lnq-significant-new-mineralisation-at-the-gilmore-project--c4f7a3ae-4dfb-43db-9e29-4fb8ae11c8d9#fact-drill-facts-3)

Gilmore · copper

#### 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 factor: Presence of chalcopyrite noted visually

- Negative factor: Visual assessment only, no assays

Evidence · table

> 51.90

Context: 698.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: 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.
