LinQ Minerals (ASX:LNQ) reports ‘high-grade’ copper-gold intersections from its maiden drilling program at the Monza prospect within the Gilmore Gold-Copper Project in New South Wales.
Assay results from three holes returned a standout intersection of 5m @ 5.36% copper equivalent (CuEq) from 124m within a broader 208m @ 0.61% CuEq from 38m.
Other significant results include 28m @ 1.85% CuEq within 226m @ 0.70% CuEq from 47m; and 17m @ 1.58% CuEq within 136m @ 0.70% CuEq from 47m.
LinQ says the intersections occur within sulphide breccia zones targeting extensions of previously intersected mineralisation, including 150m @ 1.62% CuEq.
Executive Chair Clive Donner says the maiden campaign is delivering ‘excellent’ results.
“We are highly encouraged by some of the higher-grade results within the breccia zones and look forward to receiving the additional pending results at Monza,” Donner says.
LinQ completed eight holes during its May program, with assay results pending for five remaining holes.
Previous aircore drilling identified strong untested basement responses over an 800m strike between Monza and the nearby Estoril deposit.
Monza sits within a 17km mineralised corridor in the Macquarie Arc province, home to major operating mines.
The Gilmore Project hosts a global mineral resource estimate of 516 million tonnes (Mt) containing 3.7 million ounces of gold and 1.2Mt copper metal across multiple deposits.
LinQ intends to conduct additional drilling to test whether a single porphyry complex extends continuously between Estoril and Monza.
LinQ Minerals is an explorer focused on its Gilmore Copper-Gold Project in NSW.
Write to Paula Fabe at Mining.com.au
Images: LinQ Minerals
