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Flynn Gold Ltd. ( (AU:FG1) ) has provided an update.
Flynn Gold Limited has announced a new high-grade gold discovery at its Golden Ridge Project in Northeast Tasmania. The discovery, located at the Double Event Prospect, revealed multiple high-grade gold-bearing quartz-sulphide veins over a 275-meter open strike length. This discovery enhances the potential of the Golden Ridge Project to host a large-scale gold system, with further trenching and drilling planned to explore the vein system’s extensions. This development is expected to significantly impact Flynn Gold’s operations and strengthen its position in the gold exploration industry.
More about Flynn Gold Ltd.
Flynn Gold Limited is a company operating in the mining industry, focusing on gold exploration. 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: 610,302
Technical Sentiment Signal: Hold
Current Market Cap: A$10.96M
Learn more about FG1 stock on TipRanks’ Stock Analysis page.