Flynn Gold (AU:FG1)

Drilling Confirms Gold System Near Surface at Warrentinna Project, NE Tasmania

Flynn Gold Limited (ASX: FG1, “Flynn Gold” or “the Company”) is pleased to announce the results from its maiden diamond drilling campaign at its 100%-owned Warrentinna Project in northeast Tasmania.
HIGHLIGHTS:
  • Multiple zones of auriferous quartz veining intersected in Flynn’s maiden diamond drilling program at the Warrentinna Project in NE Tasmania.
  • Drilling program consisted of 2 drillholes for a total of 357m with best intercepts reported in hole DNDD001:
    • DNDD001:
      • 7.2m @ 2.5g/t Au from 68.9m, including
        • 2.1m @ 7.0g/t Au from 75.1m, and
      • 4.8m @ 1.2g/t Au from 92.0m, including
        • 0.3m @ 5.6g/t Au from 94.6m
  • The program confirms highly prospective orogenic-style gold mineralisation which coincides with historical mine workings over a largely untested 6km-long corridor with potential for near- surface gold resources.
  • Drillholes also yielded valuable structural data which will be used for targeting in future campaigns that will aim to prove mineralisation along strike from historical drill results, which include:
    • WTR013:
      • 5.0m @ 28.93g/t Au from 36.0m, including
        • 1.0m @ 103.25g/t Au from 37.0m
    • 2019WTD001:
      • 21.7m @ 3.3g/t Au from 9.3m, including
        • 2.2m @ 12.0g/t Au from 10.8m
    • 2019WTD002:
      • 11.7m @ 2.8g/t Au from 115m.

Managing Director and CEO, Neil Marston commented:

“Our maiden diamond drilling program has confirmed that the Warrentinna Project has potential for gold resources near surface and proven to extend the depth of mineralisation to greater than 100 metres.

“Previous explorers have produced some remarkable high grades at Warrentinna. Our drilling has confirmed the existence of multiple zones of gold mineralisation and added a structural context which will be used in targeting for future drilling campaigns.

“The Warrentinna goldfield is defined by shallow historic workings over a strike length of 6km, and with this campaign targeting gold mineralisation in the north of the goldfield, the remainder is largely untested.”

Warrentinna Gold Project

The Warrentinna Project (EL30/2004) is located in northeast Tasmania, 40km northwest of Flynn’s Golden Ridge Project (see Figure 1). The tenement was acquired from Greatland Gold plc (LSE: GGP, “Greatland”) in June 20231.


Click here for the full ASX Release

This article includes content from Flynn Gold, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

FG1:AU
The Conversation (0)
Flynn Gold (ASX:FG1)

Flynn Gold

Advancing three high-grade gold projects in Tasmania

Advancing three high-grade gold projects in Tasmania Keep Reading...
Exploration Update - Golden Ridge Project, NE Tasmania

Exploration Update - Golden Ridge Project, NE Tasmania

Flynn Gold (FG1:AU) has announced Exploration Update - Golden Ridge Project, NE TasmaniaDownload the PDF here. Keep Reading...
High-Grade Silver-Lead at Henty Project, Western Tasmania

High-Grade Silver-Lead at Henty Project, Western Tasmania

Flynn Gold (FG1:AU) has announced High-Grade Silver-Lead at Henty Project, Western TasmaniaDownload the PDF here. Keep Reading...
December 2024 Quarterly Activities Report and Appendix 5B

December 2024 Quarterly Activities Report and Appendix 5B

Flynn Gold (FG1:AU) has announced December 2024 Quarterly Activities Report and Appendix 5BDownload the PDF here. Keep Reading...
Flynn Expands Key Gold Targets at Golden Ridge, NE Tasmania

Flynn Expands Key Gold Targets at Golden Ridge, NE Tasmania

Flynn Gold (FG1:AU) has announced Flynn Expands Key Gold Targets at Golden Ridge, NE TasmaniaDownload the PDF here. Keep Reading...
Exploration Licence Granted at Beaconsfield in NE Tasmania

Exploration Licence Granted at Beaconsfield in NE Tasmania

Flynn Gold (FG1:AU) has announced Exploration Licence Granted at Beaconsfield in NE TasmaniaDownload the PDF here. Keep Reading...
Will Rhind, gold bars.

Will Rhind: Gold Price Takes a Hit, This Catalyst to Drive Next Leg

Will Rhind, CEO of GraniteShares, weighs in on gold's pullback below US$4,000 per ounce, identifying what needs to happen for the price to rise. "The trend I think in terms of the dollar cycle has to reverse," he explained. "In other words, the dollar has to start getting weaker on a more... Keep Reading...
Gold bars in stacks with words "5 Top Canadian Mining Stocks This Week" on top.

Top 5 Canadian Mining Stocks This Week: Grande Portage Resources Gains 32 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released May’s consumer price index data on Monday (June 22). The data shows that... Keep Reading...
Rhona O'Connell.

Rhona O'Connell: Gold Price Drop — Why it Happened, What's Next

Rhona O'Connell, StoneX's head of market analysis, EMEA and Asia, breaks down gold's price activity over the last six months, including its correction at the beginning of the year and this week's fall below the much-watched US$4,000 per ounce level. Although the metal is now back above US$4,000,... Keep Reading...
Wooden blocks with arrows and "GOLD PRICE" text sit on piles of gold coins against a black background.

Gold Price Falls Below US$4,000, How Low Can it Go?

Gold is feeling the summer heat with a drop below US$4,000 per ounce on Wednesday (June 24). The yellow metal hasn't been below that key psychological level since November 2025, but a stronger US dollar, expectations of higher interest rates and cooling tensions in the Middle East are combining... Keep Reading...
Guinea flag.

Guinea Bans Raw Gold Exports to Force Domestic Refining

Guinea has banned the export of raw gold effective immediately, requiring all industrial and artisanal miners to process the precious metal domestically before shipping.According to a Bloomberg report, Guinean President Mamadi Doumbouya announced the policy during a meeting with mining... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver — Price Targets, Key Levels to Watch

John Feneck, portfolio manager and consultant at Feneck Consulting, shares his outlook for gold and silver, commenting on the impact of the latest US Federal Reserve meeting — the first with Chair Kevin Warsh at the helm — and the deal between the US and Iran.He sees the gold price revisiting... Keep Reading...

Interactive Chart

Latest Press Releases

Related News