Flynn Gold Limited (ASX: FG1) has concluded the initial phase of exploration at its Lake Johnston lithium project, where three additional pegmatite intrusions were uncovered during soil sampling. The comprehensive mapping and sampling initiative comprised the collection of 281 soil and three rock chip samples, with pending assays. The terrain's shallow cover and high weathering potential indicate the likelihood of more pegmatite intrusions.
Recognizing the area's promise, Flynn considers the Lake Johnston Project exceptionally prospective for spodumene-rich lithium pegmatites. The project, situated eastward and adjacent to TG Metals Limited's grounds, positions Flynn's venture approximately 7km southeast from the recent lithium pegmatite discovery at the Burmeister Project in Western Australia. This development marks an encouraging step forward for Flynn Gold Limited's commitment to further exploration in the region.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.