Flynn Gold Limited (ASX: FG1) has re-commenced drilling at its 100%-owned Golden Ridge Project in Northeast Tasmania. The Phase 4 diamond drilling program will focus on in-fill and extensional drilling at the Trafalgar and newly identified Trafalgar North prospects. This 2,000-meter drilling campaign aims to upgrade portions of the previously announced Exploration Target to an Inferred Resource, enhancing confidence in the geological model.
Previously reported drill results at Trafalgar have included high-grade gold intersections, such as 12.3m @ 16.8g/t Au, including 0.7m @ 152.5g/t Au. The program follows a successful AU$2.6 million placement secured in February 2025. With gold prices exceeding US$3,000/oz, Flynn Gold sees this as an opportunity to advance its flagship project. The company focuses on expanding resource potential and delivering value to shareholders through continued exploration success.
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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.