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Flynn Gold Ltd. ( (AU:FG1) ) just unveiled an announcement.
Flynn Gold Ltd. has commenced a maiden diamond drilling program at its Grenadier Prospect within the Golden Ridge Project in Northeast Tasmania. This initiative targets high-grade gold mineralization identified in recent trenching, with the first drill hole already in progress. The company aims to explore the down-dip continuity of gold deposits, leveraging encouraging metallurgical results. Concurrently, Flynn Gold has completed Phase 4 drilling at the Trafalgar Prospect, with initial results extending the mineralization strike at Trafalgar North, and further assays pending. This development underscores Flynn Gold’s strategic focus on unlocking the potential of its gold systems, enhancing its industry positioning and offering promising implications for stakeholders.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in identifying and developing gold prospects, with a market focus on high-grade gold mineralization. Flynn Gold’s operations are concentrated in Northeast Tasmania, where it owns the Golden Ridge Project.
Average Trading Volume: 604,411
Technical Sentiment Signal: Buy
Current Market Cap: A$10.57M
See more insights into FG1 stock on TipRanks’ Stock Analysis page.