LinQ Minerals Limited (ASX: LNQ) has announced compelling geochemical evidence supporting a high-priority porphyry copper-gold target located approximately 1km north of the existing Gidginbung resource area. LinQ Minerals is an Australian-based exploration company focused on discovering and developing copper, gold and other minerals. The company’s flagship Gilmore Project is located in the Lachlan Fold Belt of New South Wales, recognised as Australia’s premier porphyry gold-copper province.
The recent technical observations and evaluation studies confirm strong vectors towards a blind porphyry copper-gold system adjacent to the Gidginbung high sulphidation epithermal gold deposit. Consulting geochemist Dr Scott Halley identified a high-level signature consistent with a porphyry copper-gold-molybdenum system directly below an epithermal related lithocap. This interpretation is further supported by a distinct gravity low coinciding with the target location, the intersection of two major structures, and encouraging porphyry-related gold-copper-molybdenum intersections in historical drilling.
The geological environment at Gidginbung North is considered analogous to world-class epithermal/porphyry complexes such as Lepanto-Far Southeast in the Philippines and Wafi-Golpu in Papua New Guinea. These comparisons underscore the significant discovery potential at the Gilmore Project. Historical exploration by Sandfire Resources in 2017 intersected anomalous gold-copper-molybdenum mineralisation associated with alteration within the lithocap, further validating the porphyry target.
LinQ Minerals is developing exploration programs to determine the scale of the copper-gold mineralisation at Gidginbung North. These plans include IP/MT geophysical surveys and drill programs designed to test key geochemical, gravity, and drilling targets. Data evaluation has also identified additional prospectivity at the Dam and Woolshed porphyry copper-gold prospects, reinforcing the company’s confidence in the Gilmore Project’s overall potential. According to Executive Chair Clive Donner, the geochemical data coupled with existing drilling and geophysical data indicate the right vectors and host rocks within a highly prospective corridor.
