Latest Linq Minerals (ASX:LNQ) News

LinQ Minerals has pinpointed a significant geophysical drill target south of its Gidginbung gold deposit, hinting at a potential 2km strike extension. Concurrently, reinterpretation of the Dam deposit suggests it may be part of a larger, blind porphyry system to the north, with drilling plans in motion for both targets.

A brutal sell-off in a few small caps sat alongside takeover bids, fresh capital raisings and strong gains in medtech. The week split the market in two: buyers chased clear funding and approval news, while weaker stories sank fast after reopening.

Big price swings hit the materials board as deal news, capital raisings and resource updates pulled stocks in opposite directions. Gold M&A stayed busy, while critical minerals names kept feeding the market with drilling, testwork and project studies.

LinQ Minerals has reported substantial gold and copper intersections at its Dam deposit, extending the high-grade core downdip by 100 metres and uncovering a new gold-rich zone outside the current resource boundary. The latest drilling results reinforce the potential for resource expansion within the Gilmore Project.

Coal, gold and critical minerals names drove the biggest share moves this week, but strong project news did not always lead to lasting gains. Several stocks jumped on funding, deals and study results, while others gave back early gains as traders locked in profit or worried about dilution.

LinQ Minerals has delivered a standout shallow copper-gold intercept at its Monza prospect within the Gilmore Project, confirming promising mineralisation in a key 17km porphyry corridor in New South Wales.

Gold stories drove the week, but the biggest jumps came from drill hits and project studies that gave investors a reason to chase smaller names. At the larger end, merger activity and fresh funding kept attention on producers that want to get bigger, faster.

LinQ Minerals has pushed the high-grade gold and copper envelope at its Dam deposit, hitting a 114-metre intersection grading 1.19g/t gold equivalent, expanding the mineralised strike to over 400 metres. With nine more drill results pending, the Gilmore Project’s resource potential continues to intrigue.

LinQ Minerals has delivered robust drilling results at its Gilmore Gold-Copper Project, including standout intersections at Gidginbung and Mandamah, while securing $15.4 million to accelerate exploration efforts.

One stock nearly doubled, another jumped more than 40%, and a finance heavyweight stayed elevated after a merger shock. In resources, the winners were mostly tied to “what was bought” or “what was funded”, while the laggards were often the ones where early optimism quickly turned into selling.

Fluorspar stole the week as OD6 ripped higher, while a fresh wave of trading halts and reopenings produced fast reversals. Rare earth processing deals, big funding packages and takeover timetables kept investors busy across small caps.

LinQ Minerals has reported a significant 220-metre copper-gold intersection at its Mandamah deposit within the Gilmore Project, affirming the continuity of a high-grade mineralised core. With drilling intensifying and strong funding in place, the company is poised for an active exploration year.