Australian drilling contractor Drillit International has won a contract with LinQ Minerals to drill part of its Gilmore gold-copper project in New South Wales.
ASX-listed LinQ is aiming to add to an existing resource in the Gidginbung and Dam areas at Gilmore. It says they host an estimated 55 million tonnes containing circa-1.2 million ounces of gold and 120,000 tonnes of copper.
“Appointing Drillit to execute the phase one program is a strong step forward in our plan to unlock the potential at the Gilmore project,” LinQ executive chair Clive Donner said.
“Gidginbung already hosts a substantial mineral resource, however, has never been systematically drilled at depth or along its broader strike extent. We believe this presents a major opportunity for value uplift. The upcoming program will provide the first drilling results from Gidginbung in more than two decades, marking a significant and exciting milestone for both LinQ and our shareholders.”
Drillit International is part of the Queensland-based OptionX Group.
