Multiple New Gold Target Areas Identified at Golden Ridge

Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to provide an update on exploration activities at the Company’s 100% owned Golden Ridge Project located in Northeast Tasmania (Figure 1).

Highlights

• Assay results from UltraFine+ soil sampling define anomalous gold in soils over a combined strike length of at least 9km along the granodiorite-metasediment contact zone at Golden Ridge
• The granodiorite-metasediment contact soil anomaly remains open along trend in both directions significantly extending FG1’s target
• New target areas have been identified within the granodiorite and metasediments, further enhancing the potential large scale of the overall Golden Ridge target deposit
• Results confirm the potential of the Ultrafine+ technique as an effective exploration tool at the project
• Infill and extension soil sampling is ongoing over the wider Golden Ridge project area
• Recommencement of drilling at Trafalgar prospect imminent
• For further information or to post questions go to the Flynn Gold Investor Hub at https://investorhub.flynngold.com.au/link/GyVBay

Managing Director and CEO, Neil Marston commented,

“Our flagship Golden Ridge Project in northeast Tasmania keeps delivering exciting results. Last year was significant for Flynn Gold with drilling at Golden Ridge intersecting high-grade gold in multiple vein sets at the Trafalgar prospect.

“The results of our soil sampling program are also very pleasing with significant gold anomalies coinciding with known old workings as well as gold anomalies being identified in several new target areas along the prospect contact zone.

“Follow-up soil sampling will continue over the coming months as this is proving to be a very effective exploration tool, generating new gold targets to evaluate.

“With a rig remobilised back to Golden Ridge this week, we are looking forward to the next phase of drilling, starting at the Trafalgar prospect.”

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