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...
Closeup of fibrous mineral with dark needle-like crystals radiating outward.

Utah’s Antimony Resource: A Strategic Investment Play in Critical Minerals

Utah may be best known for its copper and gold legacy, but hidden beneath its rugged terrain lies one of the most overlooked critical mineral opportunities in the US: antimony. With global supply heavily concentrated in China and export restrictions tightening, Utah’s underexplored antimony... Keep Reading...
The super pit, or Fimiston open pit.

Hidden Gem: How Intrusion-related Gold Deposits Could Fuel Next-generation Discoveries

With the gold price continuing to hover near all-time highs and major producers scouring the globe for new large-scale deposits, one type of gold system is emerging as a potential game changer. Intrusion-related gold systems (IRGS) have already yielded multimillion-ounce mines, like Kinross... Keep Reading...
Sandymount, Otago Peninsula, Dunedin, South Island, New Zealand.

Finding Gold: Exploring New Zealand’s Next Big Discovery

Despite its rich mining legacy, New Zealand remains one of the most underexplored frontiers for gold in the developed world. Now, with advanced exploration tools and a new generation of explorers, the country is emerging as a hotbed of untapped investment opportunity.Modern exploration... Keep Reading...

Interactive Chart

Latest Press Releases

Related News