Business · Energy & Commodities · 4 hrs ago
LinQ Minerals reports alteration and sulphides in first Gidginbung South hole
LinQ Minerals has completed its first deep hole at Gidginbung South, part of its Gilmore project in New South Wales.
The 750.3-metre hole logged about 429 metres of visually identified sulphides and alteration, but these observations do not confirm how much metal the rock contains.
The company interprets the rock as showing two linked styles of mineralisation, an upper epithermal zone and deeper porphyry-style features.
Gidginbung South is about one kilometre south of the Gidginbung pit, and LinQ is investigating whether it could be part of a larger system that also includes the nearby Dam deposit.
The area has had little deep drilling, leaving the size and extent of the interpreted system uncertain.
Lab assays are expected in six to eight weeks and will help guide the company’s next steps.
LinQ plans another hole to test a geophysical anomaly about 200 metres east of the first hole, as part of an initial four-hole programme.
LinQ Minerals reported about 429 metres of visually identified sulphides and alteration in its first Gidginbung South drill hole.
The 750.3-metre hole is at the Gilmore project in New South Wales, about 1 kilometre south of the Gidginbung pit.
The company interprets the core as showing upper high-sulphidation epithermal-style mineralisation transitioning into deeper porphyry-style veins and alteration.
LinQ says the results support its interpretation of a potential mineralised system beneath cover, but laboratory assays are needed to assess the findings.
The next planned hole will test the core of an induced-polarisation anomaly about 200 metres east of the mineralisation seen in the first hole.
- Who
- LinQ Minerals, which is exploring its Gilmore project.
- What
- Its first Gidginbung South hole revealed about 429 metres of visually identified sulphides and alteration. The company interprets the core as showing epithermal- and porphyry-style features.
- When
- The article was published on 21 October 2026. The drilling date is not stated.
- Where
- Gidginbung South, at the Gilmore project in New South Wales, about 1 kilometre south of the Gidginbung pit.
- Why
- LinQ is testing for a potential high-sulphidation epithermal and porphyry system beneath cover.
This story does not have two clearly opposing sides.
LinQ drilled its first Gidginbung South hole to 750.3 metres and logged about 429 metres of visually identified sulphides and alteration.
The planned next hole will test the core of an induced-polarisation anomaly about 200 metres east of mineralisation observed in the first hole.
Laboratory assays were expected to provide further direction.
- Drill-hole depth
- 750.3 metres
- Logged sulphides and alteration
- About 429 metres
- Location
- About 1 kilometre south of the Gidginbung pit, Gilmore project, New South Wales
- Epithermal-style zone
- About 321 to 570 metres down the hole
- Planned next-hole target
- Induced-polarisation anomaly about 200 metres east of the first hole's observed mineralisation
- Assay timing
- Expected in six to eight weeks
What people are saying
It is possible that LinQ has discovered the core part of a large HSE-porphyry system for which Gidginbung and the Dam are smaller components. In geologic terms, this is potentially a big mineralised system.