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.
Linear Minerals Corp (CSE: LINE, OTCQB: LINMF) is a Vancouver-based junior exploration company focused on mineral properties in Quebec that are prospective for uranium, rare earth elements, copper, gold, nickel and lithium. The news flow around Linear reflects both its exploration activities and its corporate developments as a junior issuer in the basic materials sector.
On this page, readers can review news releases covering exploration updates from key projects such as the Lac Marion Uranium and REE Property in the Laurentides region and the Lac Coulombe Property south of Quebec City. These updates describe field programs involving geological mapping, prospecting, radiometric surveys, sampling and assay results for uranium, rare earth elements and base and precious metals.
Linear’s news also highlights corporate transactions and property agreements. The company has reported a plan of arrangement to spin out the Pontax West Lithium Property in Quebec to its subsidiary Westlinear Minerals Corp, including shareholder and court approvals and the distribution of Westlinear shares to Linear shareholders. Additional releases describe an option agreement to acquire a 100% interest in the Kipawa West rare earth property in the Abitibi‑Témiscamingue region, outlining claim details, geological context and the staged share issuance and exploration expenditure commitments.
Financing activities are another recurring theme. Linear has announced non-brokered private placements involving flow-through shares and hard-dollar units, with proceeds allocated to working capital and exploration on its Quebec properties, subject to regulatory approvals and securities law hold periods.
Investors and followers of the basic materials and exploration space can use this news feed to track Linear Minerals Corp’s exploration progress, property portfolio changes, financing events and key corporate milestones over time.
Linear Minerals Corp. (OTCQB:LINMF) has announced a strategic Plan of Arrangement to spin out its Pontax West Lithium Property in Quebec to its subsidiary Westlinear Minerals Corp. Under the arrangement, shareholders will receive 1 share of Westlinear for every 10 shares of Linear owned on the share distribution record date.
The spinout will result in shareholders owning stakes in two separate public companies: Linear Minerals, which will focus on its other properties, and Westlinear Minerals, which will concentrate on the Pontax West Lithium Property. The arrangement requires shareholder approval, British Columbia Supreme Court approval, and Canadian Securities Exchange acceptance before completion.
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.
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.
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.
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.
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.
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