LinQ Minerals Limited (ASX: LNQ) has commenced a 1,300m Phase 1 drilling program at the Dam gold-copper deposit, part of its flagship Gilmore Project in New South Wales — marking the first drilling activity at the target since 2012.
The program is designed to test downdip and along-strike extensions of the higher-grade core while also generating metallurgical samples, with the objective of rapidly advancing the deposit within a broader 40km belt of continuous porphyry and epithermal mineralisation — geologically analogous to the Tier-1 Cadia copper-gold system.
The Dam deposit sits <1km east of the Gidginbung deposit, with both deposits contributing to a globally significant Mineral Resource Estimate (“MRE”) totalling 120Mt for 1.7Moz Au and 200Kt Cu, within a Gilmore Project global MRE of 3.7Moz Au and 1.2Mt Cu.
LinQ is advancing a multi-phase drilling strategy across the Southern Zone, designed to systematically scale both deposits as part of a district-level development pathway.
LinQ Minerals Executive Chair, Clive Donner commented:
“We are excited to begin drilling at the Dam, one of the key porphyry gold copper deposits in our highly prospective 40km belt of mineralised targets. The commencement of drilling is an important step in unlocking the broader scale of this system, particularly at depth and along strike.”
About us:
About LinQ Minerals
LinQ Minerals (ASX: LNQ) is an Australian gold–copper exploration company focused on its 100%-owned flagship Gilmore Project in New South Wales — a major landholding in the Macquarie Arc, one of the world’s premier porphyry gold-copper belts and home to Tier-1 operations such as Cadia, Cowal and Northparkes.
The Project spans ~597km² and covers a 60km corridor hosting more than 20 prospects and six defined mineral resource deposits, including the advanced Gidginbung and Dam gold-copper systems, which together contribute to a global Mineral Resource Estimate of 3.7Moz gold and 1.2Mt copper.
LinQ is systematically advancing Gilmore as a district-scale development opportunity with both brownfields growth and high-impact exploration upside across multiple porphyry and epithermal targets.
Contact details:
Clive Donner
Executive Chair
Jane Morgan
Investor & Media Relations