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An announcement from Flynn Gold Ltd. ( (AU:FG1) ) is now available.
Flynn Gold Ltd. has announced a maiden exploration target at its Golden Ridge Project in NE Tasmania, estimating potential mineralisation of up to 5.4 million tonnes of gold. This exploration target, which remains open in all directions, represents less than 30% of the known strike of the gold mineralised system. With further drilling and exploration activities planned, the company aims to convert this target into a mineral resource, potentially impacting its market presence. Additionally, the company has expanded its exploration activities to other projects in Tasmania, securing a new exploration license and conducting geophysical reviews at the Henty Silver-Lead-Zinc Project.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry with a focus on gold exploration. The company is actively engaged in exploring mineral prospects in Tasmania, including gold anomalies and promising mineral zones.
YTD Price Performance: -23.33%
Average Trading Volume: 215,747
Technical Sentiment Consensus Rating: Buy
For detailed information about FG1 stock, go to TipRanks’ Stock Analysis page.