Quarterly Activities Report 30 June 2024

Flynn Gold Limited (ASX:FG1, “Flynn” or “theCompany”) is pleased to report on its activities for the quarter ending 30 June 2024.

Exploration – Golden Ridge Project, NE Tasmania

• 1,500m drill program (Phase 3) at the Trafalgar prospect commenced during the quarter, comprising infill and extension drilling targeting down-dip and along-strike extensions to previous high-grade gold intercepts, includes multiple intersections grading >100g/t Au.
• 3 drill holes (TFDD016-TFDD018) were completed for 927 metres by the end of the quarter.
• Multiple high-grade gold veins intersected in drill hole TFDD016, including:
  • 0.4m @ 10.8g/t Au from 135.2m;
  • 0.5m @ 35.1g/t Au within 1.4m @ 12.7g/t Au from 164.6m (Trafalgar Main Vein);
  • 0.3m @ 19.0g/t Au within 0.65m @ 10.5g/t Au from 187.55m (Magazine Vein);
  • 0.3m @ 12.3g/t Au within 1.2m @ 3.5g/t Au from 233.0m;
  • 0.3m @ 39.2g/t Au from 243.2m;
  • 0.4m @ 67.6g/t Au within 1.3m @ 21.9g/t Au from 248.7m, and
  • 0.4m @ 6.0g/t Au within 1.3m @ 2.1g/t Au from 315.1m (Trafalgar South Vein).
• Mapping and vein sampling within historic Golden Ridge adit has identified a significant new zone of high-grade gold mineralisation in the Link Zone prospect.
• Underground grab sampling of mineralised veins in the Golden Ridge adit recorded high-grade gold assays including 64.4g/t Au, 37.6g/t Au and 15.9g/t Au.
• New high-grade gold vein zone discovered in trenching 250m north of the Trafalgar mine where 17 out of 36 grab rock chip samples assayed over 10g/t Au, including 99.4g/t Au, 76.6g/t Au and 67.1g/t Au.

Exploration – Western Australia

• Maiden soil sampling program at Forrestania Project outlined four high priority lithium anomalies up to 4,200m in length and 500m width.
• Infill and extensional soil sampling at Parker Dome Project confirmed and extended multiple, large-scale, high priority lithium anomalies.

Corporate

• Rights Issue successfully raised $2.5 million with strong support from existing shareholders and new investors introduced by Mahe Capital.
• The Company’s cash position at 30 June 2024 was $2.96 million.

For further information or to post questions go to the Flynn Gold Investor Hub at https://investorhub.flynngold.com.au/link/GyVGje

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