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Flynn Gold Advances Australian Exploration with AU$2.6 million Funding

Feb 27, 2025

Flynn Gold Limited (ASX: FG1) is an Australian mineral exploration company with a strong presence in Tasmania and Western Australia. The company holds 100% ownership of nine tenements in northeast Tasmania, known for gold and tin/tungsten potential. Additionally, Flynn Gold has the Henty silver-lead-zinc project and the Firetower gold and critical minerals project in Tasmania, along with gold-lithium exploration assets in the Pilbara and Yilgarn regions of Western Australia.

Recently, Flynn Gold secured AU$2.6 million through a two-tranche placement to accelerate exploration and drilling at its flagship Golden Ridge Project, as well as fund Henty Silver-Lead Project exploration and general operations. The placement consists of 130 million shares at AU$0.02 per share, with free attaching options.

With a focus on advancing its exploration projects, Flynn Gold aims to capitalize on its strategic assets and strengthen its position in the Australian mining sector.

 

 

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