Gold, Copper and Potash Projects Move Higher: Lac Gold (ASX:LAC), LinQ Minerals (ASX:LNQ) and Kore Potash (ASX:KP2)

Sonal Goyal

30 October 2026 11:54 AM AEDT

Gold, Copper and Potash Projects Move Higher: Lac Gold (ASX:LAC), LinQ Minerals (ASX:LNQ) and Kore Potash (ASX:KP2)

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Key Highlights

Lac Gold (ASX:LAC) traded at $0.295, up 9.26%, LinQ Minerals (ASX:LNQ) at $0.525, up 14.13%, and Kore Potash (ASX:KP2) at $0.072, up 10.77%, during the 30 October 2026 session.
Lac Gold released its Quarterly Report on the same day as its share move.
LinQ reported Monza and Gidginbung intercepts on 27 October 2026, and Kore's latest financial report covers the half-year to 30 June 2026.

Three ASX-listed resource developers traded higher during the Trading session on 30 October 2026. Lac Gold Ltd (ASX:LAC) traded at $0.295, up 9.26%, LinQ Minerals Ltd (ASX:LNQ) at $0.525, up 14.13%, and Kore Potash plc (ASX:KP2) at $0.072, up 10.77%. The S&P/ASX 200 (ASX:XJO) stood at 8,973.00, up 0.91% or 81.20 points at 11:15 am. The companies explore or develop gold in Quebec, copper and gold in New South Wales and potash in the Republic of Congo, and their recent reports are summarised below.

Lac Gold (ASX:LAC): Rouyn Drilling (30 October 2026)

Lac Gold's September quarter report, released on 30 October 2026, included results from 20 more holes at the Astoria deposit within the 1.66 million ounce Rouyn resource. Hole AS-26-808 returned 7.50 metres at 11.17 grams per tonne gold. An updated resource estimate is targeted for the March 2027 quarter, and cash was A$9.85 million at quarter end.

LinQ Minerals (ASX:LNQ): Gilmore Gold-Copper (27 October 2026)

LinQ's operations overview, released on 27 October 2026, reported hole MZACD010 returning 72 metres at 0.95 per cent copper equivalent from 45 metres at Monza. At Gidginbung, hole GBRCD016 returned 61 metres at 2.3 grams per tonne gold equivalent. Southern Zone drilling has begun, and cash of about $14.4 million is available to fund the campaign.

Kore Potash (ASX:KP2): Sintoukola Project (Half-Year to 30 June 2026)

Kore's half-year report covers the Sintoukola Potash Project in the Republic of Congo, which includes the Kola and Dougou deposits. Cash and cash equivalents decreased by US$3.0 million over the six months. The report was not released on the day of the share move, so the two are discussed separately.

Sector Context

Gold in Quebec's Abitibi belt, copper and gold porphyries in the Lachlan region of New South Wales and potash used in fertiliser production are all established Commodity markets. Each project is judged against long development timelines and the cost of mining, transport and processing.

Risks

The results from Lac Gold and LinQ are drilling intercepts rather than resource estimates, and true widths are unknown. Kore's cash balance declined over the period, and project development depends on funding and licence arrangements. Lac Gold's recovery from argillite-hosted mineralisation is still being tested.

What Lies Ahead

Lac Gold expects to update its resource in the March 2027 quarter. LinQ intends to continue its 30,000 metre campaign and to review the Southern Zone results. Kore's next financial disclosure will follow its reporting schedule.

Final Word

Lac Gold, LinQ and Kore Potash each traded higher in the 30 October 2026 session, and their most recent reports covered drilling, resource work and financial position. The updated Rouyn resource and LinQ's ongoing drilling will be the main reference points in the next reporting periods.

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