Join our daily newsletter At The Bell to receive exclusive market insights
Linq Minerals (ASX:LNQ) has done it again, posting a second massive drill intercept from the Dam Deposit that hit a mineralised system of copper and gold – both currently in vogue (and structural demand) – highlighting a 142m wide interception at 1.01g/t AuEq, comprising copper and gold mineralisation.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Disclaimer: This article’s content has been prepared as part of a partnership with Linq Minerals Ltd and is intended for informational purposes only.
Worth noting: This is just the second hole sunk on-site at the Dam Deposit, quickly making this area a favourite priority of Linq’s geotechs. There are still two remaining drillhole results for Dam that need to be revealed to the Australian market in the coming weeks; rigs will be back on-site shortly.
Today’s drill hole (TDRCD002), the company reports, confirms a “shallow, high-grade cold and copper core within the southern strike extent” of Dam.
Looking at where that Linq drill hole was placed, in between existing known intercepts on-site, the company is hopeful that what it’s sitting on is a wide-spreading mineralised system underground.
“TDRCD002 reflects another high value result in the Southern Zone, which, coupled with TDRCD001 and DD93GB45, significantly extends the grade and thickness of shallow gold and copper mineralisation,” Linq chairman Clive Donner explained.
“There are multiple assays pending, and we anticipate further news flow this month.”
(If you want to hear more, this HotCopper journalist interviewed Linq’s chief, Clive Donner, just last week. You can watch that one here.)
LNQ last traded at 38cps.
Join the discussion: See what HotCopper users are saying about Linq Minerals Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
