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Linear Minerals Stock Price, News & Analysis

LINMF OTC

Welcome to our dedicated page for Linear Minerals news (Ticker: LINMF), a resource for investors and traders seeking the latest updates and insights on Linear Minerals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Linear Minerals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Linear Minerals's position in the market.

News
Rhea-AI Summary

Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) has announced the granting of 4,500,000 restricted share units (RSUs) to company consultants and directors under its shareholder-approved RSU Plan. The vesting schedule is structured over an 8-month period, with 50% of the RSUs vesting after 4 months from the grant date and the remaining 50% vesting after 8 months. Each RSU can be converted into one common share of the company upon vesting.

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Rhea-AI Summary

Linear Minerals has announced drilling results from its Augustus Lithium Property in Quebec, Canada. Key findings include:

Drill hole LC24-98 intercepted:

  • 0.39% lithium oxide over 17m at 61.50m depth
  • 0.40% lithium oxide over 5.35m at 104.3m depth
  • 0.46% lithium oxide over 2.75m at 125.50m depth
  • 0.33% lithium oxide over 8.50m at 130.25m depth

Drill hole LC24-99 intersected 1.09% lithium oxide over 5m at 1.45m depth. The mineralization is primarily distributed in pegmatites with spodumene as the main lithium mineral. The 2024 drill program included 11 drill holes totaling 1,558 metres, bringing the property's total to 100 drill holes covering 18,165.64 metres.

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Rhea-AI Summary

Linear Minerals Corp (LINMF) has announced significant drilling results from its Augustus Lithium Property in Quebec, Canada. Drill hole LC24-97 revealed four notable lithium-bearing zones, with the most significant intercept showing 1.00% lithium oxide over 8.90 meters at 139 meters depth.

The key lithium intercepts include:

  • 3.35m at 0.82% Li2O from 10.15m depth
  • 4.25m at 1.19% Li2O from 89.4m depth
  • 10m at 0.67% Li2O from 97.4m depth
  • 8.90m at 1.00% Li2O from 139m depth

The hole also discovered anomalous values of rare metals including beryllium, cesium, niobium, tantalum, and rubidium, along with nickel and chromium mineralization. This drill hole was positioned 40m from hole LC21-20 to expand the main Augustus mineralized zone. The 2024 drill program included 11 holes totaling 1,558 metres, bringing the property's total to 100 drill holes covering 18,165.64 metres.

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Rhea-AI Summary

Linear Minerals has announced drilling results from its Augustus Lithium Property in Quebec, Canada. Two drill holes revealed significant lithium oxide (Li2O) intercepts:

- LC24-95 intercepted 0.46% Li2O over 25.15m at 88.45m depth, with three mineralized zones showing varying grades including a bottom intercept of 0.60% Li2O over 13m.

- LC24-96 yielded stronger results with 1.01% Li2O over 18.1m at 49.9m depth, and a middle intercept of 1.01% Li2O over 9.50m.

Both holes contained anomalous values of other rare metals including beryllium, cesium, niobium, tantalum, and rubidium. The 2024 drill program included 11 holes totaling 1,558 metres, bringing the property's cumulative diamond drilling to 18,165.64 metres across 100 holes.

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Linear Minerals Corp (OTCQB:LINMF) has announced significant drilling results from its Augustus Lithium Property in Quebec. The key findings include:

Drill hole LC24-93 intersected 1.02% lithium oxide over 9.95 meters at 68.45m depth, with notable rare metal values including beryllium, cesium, and rubidium. A one-meter enriched zone showed 1% Li2O with elevated nickel, manganese, and zinc levels.

Drill hole LC24-94 yielded a lower-grade intercept of 0.39% lithium oxide over 6.9 meters at 61.35m depth, also containing anomalous rare metal values.

The 2024 drill program comprised 11 holes totaling 1,558 metres, bringing the property's cumulative diamond drilling to 18,165.64 metres across 100 holes. The Augustus Property spans over 15,000 hectares, located approximately 40 kilometres northwest of Val d'Or.

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Linear Minerals Corp (LINMF) has announced significant drilling results from its Augustus Lithium Property in Quebec, Canada. The company reported findings from two drill holes (LC24-91 and LC24-92) as part of its 2024 exploratory program.

Drill hole LC24-91 revealed three lithium zones with notable intersections:

  • Upper: 19.6m wide at 75.95m depth, averaging 0.57% Li2O
  • Middle: 12.45m wide at 102.85m depth, averaging 1.02% Li2O
  • Lower: 4.55m wide at 115.30m depth, averaging 0.83% Li2O

Drill hole LC24-92 identified two lower-grade lithium zones:

  • Upper: 6m wide at 134.8m depth, averaging 0.21% Li2O
  • Lower: 25.10m wide at 146.40m depth, averaging 0.16% Li2O
Both holes also contained anomalous rare metals including beryllium, cesium, niobium, tantalum, and rubidium.

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FAQ

What is the current stock price of Linear Minerals (LINMF)?

The current stock price of Linear Minerals (LINMF) is $0.01116 as of June 18, 2025.

What is the market cap of Linear Minerals (LINMF)?

The market cap of Linear Minerals (LINMF) is approximately 1.6M.
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