JUNIORMETRICS

LinQ Minerals Limited

LNQ·US$0.36 (AUD 0.52)·US$74.1M cap
Goldalso:Gilmore Gold-Copper Project, New South Wales Map

LinQ Minerals is advancing the Gilmore Gold-Copper Project in New South Wales, which carries a 516Mt resource (3.7Moz gold, 1.2Mt copper). Cash of A$16.2 million (Jun 2026 quarter) is debt-free.

Notable vs. Peers

  • Financials score of 7/10 is stronger than the peer average of 5.3/10.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
Not yet researched
Weak track recordStrong track record
7/10
Thin runwayWell-capitalized
7/10 vs.
How this is calculated
4/10
Weaker depositStronger deposit
4/10 vs.
How this is calculated
7.6/10
Harder place to buildEasier place to build
7.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    New South Wales: Fraser PPI 2025 is 73.26 of 100 (rank 37 of 68), which maps to 9 on this site's scale. New South Wales, Australia — a top-tier mining jurisdiction.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Gilmore Gold-Copper Project, New South Wales (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)10/10

    Challenger (Adelong) (Great Divide Mining Limited) is 15 km away -- within shared-mill trucking range.

5.9/10
Weaker profileStronger profile
5.9/10 vs.
Price Chart
$0.106$0.141$0.279$0.198$0.259AugDecAprJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.36
+224.6%from low-31.7%from high
$0.11$0.53
$74.1M
Far belowFar above
$74.1M vs. $21.9M peer median
Price (USD - Local)
US$0.36 (AUD 0.52)
Cash Position (USD)
$11.2M
Far belowFar above
$11.2M vs. $3.3M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$62.9M
Far belowFar above
$62.9M vs. $19.4M peer median
205.1M
Far aboveFar below
205.1M vs. 153.6M peer median
Jurisdiction
Australia
832,000 oz
Feeds Deposit Quality score
Indicated832,000 oz
Inferrednot scored2,828,000 oz
Total resource3,660,000 oz
Far belowFar above
832K oz vs. 1.3M oz peer median
Compares M&I only — Inferred isn't compared or scored.
$75.56/oz
M&I
Total resource (incl. Inferred)$17.18/oz
Peer median $68.74/oz
Far aboveFar below
$75.56/oz vs. $132.67/oz peer median
0.0161 oz/t
Far belowFar above
0.0161 oz/t vs. 0.0383 oz/t peer median
42.2%
0%100%
42.2% vs. 12.1% peer median
15 kmfrom Great Divide Mining Limited's Challenger (Adelong)
Within shared-mill range (~20km)
-$5M
Far belowFar above
-$5M vs. -$3.3M peer median
-$0.024
Far belowFar above
-$0.024 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
7.2/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer stake on file; largest strategic holder is SAM Investors Pty Ltd (10.29%) See holders

    Not an operating producer, so it isn't the toehold-then-takeout pattern the research documents; a missing producer stake isn't held against a company.

    Weight 25%
  • Distance to a producing mine
    Sub-score:
    8.5/10

    Nearest producing mine: Challenger (Adelong) (Great Divide Mining Limited), 15 km

    10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.

    Weight 22.5% · 46% here
  • Lifecycle stage
    Sub-score:
    3.5/10

    Stage: Resource Definition

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 31% here
  • Jurisdiction
    Sub-score:
    9/10

    Australia: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 14% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 9% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-36.8% since 2026-08-01 · -36.8% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
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Project Quality— (0) 

Management Team

Executive Chair of LinQ Minerals Limited (BCom). Founded the LinQ Group in 2004, managing private equity mining funds; previously spent 16 years in banking with NM Rothschild Australia and Citibank providing capital and structured finance solutions for mining projects.

Chief Executive Officer (appointed effective 16 July) and Executive Director of LinQ Minerals Limited (BCom, Grad Dip CA). Founding director and capital markets professional; held a General Manager position at a base-metal mining company reporting to the COO, building detailed financial feasibility modelling; manages business development and investor relations.

Chief Financial Officer and Company Secretary of LinQ Minerals Limited (BCom, Grad Dip Bus, FCA, FCPA, FGIA, JP). 35+ years' experience with listed and private companies; Fellow of three professional bodies including Chartered Accountants Australia & New Zealand.

Principal Consulting Geologist for LinQ Minerals Limited (BSc Geology, MAusIMM). Was General Manager of Exploration for Straits Resources Ltd, responsible for the Gilmore Project for roughly a decade; provides geological oversight for the project.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

This is a founder-controlled company: directors hold about 42.2% (Annual Report 2026, at 30 June 2026), almost all of it through Woodcross Holdings, the family vehicle of Executive Chair Clive Donner and director and CEO Harrison Donner. SAM Investors Pty Ltd holds 10.29% and former director Michael George Gibson 10.03% (substantial-holder list at 7 September 2026). No outside producer or specialist resource fund holds a position.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

LinQ Minerals is advancing the Gilmore gold-copper project in the Macquarie Arc of central New South Wales. Its global resource is 515.7 Mt containing 3,660 koz of gold and 1,180 kt of copper, but it is 91% inferred by tonnage: indicated resources contain 832,000 oz of gold, with no measured category, and 2,828,000 oz is inferred. The maiden drilling program at the Monza target returned 113 m at 0.71% CuEq from 33 m, including 72 m at 0.95% CuEq, with mineralization open along strike and at depth, and the company is preparing gap-zone drilling.