Flynn Gold Resumes Drilling at Golden Ridge

Flynn Gold (ASX: FG1) has recommenced diamond drilling at its flagship Golden Ridge Project in Northeast Tasmania, following a successful A$2.6 million placement. The Phase 4 drilling program, comprising 2,000 meters, focuses on in-fill and extensional drilling at the Trafalgar and Trafalgar North prospects. The aim is to upgrade infilled areas of the Exploration Target to an Inferred Resource. Drilling at Trafalgar North is testing for extensions of mineralized veins intersected in previous drill holes, with the first hole, TFDD021, underway and a second, TFDD022, planned to test eastern extensions. The program targets high-grade gold intercepts, including previously reported intersections exceeding 100g/t Au. Managing Director Neil Marston highlighted that with gold prices exceeding US$3,000/oz, it is an opportune time for the company and shareholders. The Golden Ridge Project, situated within EL17/2018, exhibits extensive intrusive-related gold mineralization (IRGS) extending over 9km. The company’s ongoing work at Golden Ridge continues to identify and test multiple targets, increasing confidence in known areas of high-grade mineralization and confirming the potential for Golden Ridge to be a large-scale gold discovery. Tasmania’s robust mining sector and Flynn Gold’s strategic initiatives position the company for continued success in the region.