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Flynn Gold Ltd. ( (AU:FG1) ) has provided an update.
Flynn Gold Ltd. announced promising results from metallurgical testwork at its Grenadier Prospect within the Golden Ridge Project in Northeast Tasmania. The tests showed an average gold recovery of 95% with grades of 10.5g/t Au, indicating strong potential for high-grade gold extraction using conventional methods. The company plans further testwork and is set to begin its first drilling program at the site, which could significantly enhance its exploration targets and industry positioning.
More about Flynn Gold Ltd.
Flynn Gold Ltd. is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in discovering and developing high-grade gold deposits, with a significant market focus on its projects in Northeast Tasmania.
Average Trading Volume: 587,372
Technical Sentiment Signal: Hold
Current Market Cap: A$11.94M
Learn more about FG1 stock on TipRanks’ Stock Analysis page.