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Flynn Gold Ltd. ( (AU:FG1) ) just unveiled an announcement.
Flynn Gold Ltd. has reported significant progress in its exploration activities at the Golden Ridge Project in Northeast Tasmania. The company has confirmed a new quartz vein system at the Grenadier Prospect, with promising trenching results and high gold recoveries from test work. Drilling has commenced to further explore the potential of these gold veins. Additionally, the Trafalgar and Double Event Prospects have shown encouraging signs of gold mineralization, with assays pending for several drill holes. The company’s cash position as of June 2025 stands at $1.2 million, supporting its ongoing exploration efforts.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and developing high-grade gold deposits, primarily in Tasmania, Australia.
Average Trading Volume: 585,915
Technical Sentiment Signal: Buy
Current Market Cap: A$12.13M
See more data about FG1 stock on TipRanks’ Stock Analysis page.