LinQ Minerals kicks off gold-copper drilling at historic NSW play

LinQ Minerals has started an extensive drilling program at its Gilmore project in NSW on the hunt for potential extensions to historical gold-copper.

The project produced around 540,000oz gold between 1987 and 1996. Pic: Getty Images.

Special Report: LinQ Minerals has begun phase 1 drilling at the Gidginbung gold deposit at its Gilmore gold-copper project in NSW.

• LNQ kicks off phase one drilling at Gidginbung and Dam deposits at Gilmore project
• Company targeting extensions to historical mineralisation
• RC & diamond drilling commenced  at Gidginbung deposit

The move marks the first drilling at Gidginbung since 2001, targeting extensions of known mineralisation and untested depth potential at the deposit  which had historical production of ~540,000oz gold from open pit mining between 1987 and 1996.

The 16,000m drilling program will consist of RC and diamond drilling initially across the Gidginbung and the Dam deposits which host a combined resource of 55Mt for 1.2Moz gold and 120,000t copper.

Notably, this southern zone of the broader Gilmore project spans around 6km of mineralised corridor holding multiple prospects (Mag H1, Woolshed and Fields) – all of which lie within a highly prospective arc transfer structure geologically analogous to the Cadia copper-gold complex to the northeast.

Listen: Clive Donner chats with Barry FitzGerald

In a recent instalment of the Explorers Podcast, host Barry FitzGerald spoke LinQ Minerals (ASX:LNQ) executive chairman Clive Donner about the company’s flagship Gilmore Gold-Copper Project in NSW’s prolific Lachlan Fold Belt after making its recent entrance onto the ASX.

Dam drilling to follow

The program aims to confirm the continuity of current higher-grade cores and generate samples for metallurgical test work.

Following the initial Gidginbung drilling, the drill rig will relocate to the Dam deposit for approximately 2,100m of RC and diamond drilling.  

“We are excited to begin drilling at Gidginbung, one of the key gold deposits in our highly prospective Gilmore project,” LinQ Minerals (ASX:LNQ)  executive chair Clive Donner said. 

“The commencement of drilling is an important step in unlocking the broader scale of this system, particularly at depth and along strike.”

This article was developed in collaboration with LinQ Minerals, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as LinQ Minerals kicks off gold-copper drilling at historic NSW play