Flynn Gold

Large Lithium Soil Anomaly Outlined at Lake Johnston

Flynn Gold Limited (“FG1” or “Flynn Gold”) (ASX: FG1) is pleased to announce that assay results from first-pass soil sampling completed in late 2023 have identified a large, high priority lithium target at its 100% owned Lake Johnston Lithium Project in Western Australia.


Highlights

  • Soil sampling outlines a large, high priority lithium anomaly at Flynn Gold’s Lake Johnston Project in Western Australia
  • Priority Target 1 presents as a large scale (4km x 1km), strong anomaly with twenty-three samples returning assay results over 100ppm Li2O
  • Anomaly remains open to the south and covers lithologies considered favourable to host pegmatites
  • Priority Target 1 anomaly supported by geology and pathfinder element geochemistry
  • Additional lithium targets identified near recently mapped pegmatites
  • Planning underway for follow-up infill and extensional soil program

The target is located 11km southeast of the Burmeister1 lithium pegmatite discovery held by TG Metals Limited (ASX:TG6) and just 5km southeast of the Mt Gordon Prospect2 held by Charger Metals NL (ASX:CHR) (see Figures 1 and 2).

Pegmatites were identified at the project3 on E63/2190 during an initial reconnaissance field trip in 2023. This soil sampling program was designed to provide first-pass geochemical coverage over this main trend.

Managing Director and CEO, Neil Marston commented,

“We are very pleased to report outstanding assay results from our first soil program at Lake Johnston, which is rapidly emerging as WA’s newest lithium hotspot.

“Flynn has outlined a 4km-long strong lithium soil anomaly, along strike from the recent high-grade lithium discoveries at the nearby Burmeister, Jaegermeister and Mt Gordon prospects. This anomaly extends to the limit of the sampled area and has potential to be extended to the south by further sampling.

“Over the last few months, Flynn has successfully outlined significant lithium soil anomalies at its Western Australian lithium projects. The company’s Lake Johnston and Parker Dome projects in the Yilgarn region and Mt Dove project in the Pilbara are all well located near existing lithium deposits or operating mines.

“Flynn will now systematically advance these targets at Lake Johnston with value-adding, low-cost infill and extensional soil sampling and geological mapping.”

Figure 1 - Location of Flynn’s Lake Johnston project, other explorers’ holdings and new soil lithium targets

Lake Johnston Soil Sampling Program

The results from a soil geochemistry program at the Lake Johnston project have been received and have outlined three substantial lithium soil anomalies, including one large-scale (4km x 1km), high priority, lithium anomaly with supporting associated pathfinder geochemistry (Priority Target 1, Figure 2). Priority Target 1 occurs in an area of shallow transported sheetwash alluvium overlying a thick sequence of high-magnesium and tholeiitic basalts, lithologies considered favourable to host pegmatites.

Flynn’s exploration licences at Lake Johnston were granted in July 2023 and during an initial reconnaissance field trip, three previously unmapped pegmatite outcrops4 were successfully identified on E63/2190. In addition to the Priority Target 1, the soil sampling program has subsequently outlined a 2km long by 400m wide lithium anomaly (Target 2) in the vicinity of the mapped pegmatites (Figure 2).


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)
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 Tasmania

Download the PDF here.

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 Tasmania

Download the PDF here.

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 5B

Download the PDF here.

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 Tasmania

Download the PDF here.

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 Tasmania

Download the PDF here.

Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

Jeffrey Christian, managing partner at CPM Group, shares his latest thoughts on gold, silver and platinum-group metals, outlining potential price scenarios for the months ahead.

He also discusses his broader outlook for the US economy.

Keep reading...Show less
Wooden gavel on a reflective surface, legal books blurred in the background.

Mali Court Seizes Control of Barrick Gold Mine Amid Escalating Dispute

A court in Bamako has ordered the temporary transfer of operational control of Barrick Mining's (TSX:ABX,NYSE:B) Loulo-Gounkoto gold-mining complex to a state-appointed administrator for six months.

The ruling, handed down on Tuesday (June 17) by the Tribunal de Commerce, empowers former health minister and certified accountant Soumana Makadji to run one of Barrick’s most lucrative global assets.

The company has described the move as “unjustified” and “unprecedented.”

Keep reading...Show less
Brightstar Resources

Brightstar Resources


Keep reading...Show less
Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results

Kobo Resources Intersects 21.5 m at 1.14 g/t Au and 20.0 m at 1.41 g/t Au at the Jagger Zone and Files FY 2025 Financial Results

  • All reported holes intersected gold mineralization, reinforcing continuity and improving structural understanding at the Jagger Zone
  • Results support   the Company's systematic exploration and targeting approach for further resource definition at Kossou

Kobo Resources Inc. (" Kobo" or the " Company ") ( TSX.V: KRI ) is pleased to announce additional diamond drill results from the ongoing exploration program at its 100%-owned Kossou Gold Project (" Kossou ") in Côte d'Ivoire. Results from the Jagger Zone continue to confirm broad zones of mineralisation and extend the footprint of gold-bearing structures along strike and at depth.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Auric Mining (ASX:AWJ)

Munda Gold Mine Mining Progresses: First Blast

Auric Mining Limited (ASX: AWJ) (Auric or the Company) is pleased to provide an update on mining of the Starter Pit at the Munda Gold Mine, 5km from Widgiemooltha, Western Australia.

Keep reading...Show less

Latest Press Releases

Related News

×