Flynn Gold Identifies Firetower Strike and Depth Potential

THE DRILL SERGEANT: Flynn Gold (ASX: FG1) brought market watchers up to date on recent activities at the company’s 100 per cent-owned Firetower project located in northwest Tasmania.

Flynn Gold took receipt of final assay results from a four-hole diamond drilling program undertaken at the Firetower polymetallic (gold-cobalt-tingsten-copper) prospect in December 2023 that entailed extension tails to three historical diamond holes and one new hole drilled.

The company explained the short drill program was designed to test for depth/strike extensions to historically drilled polymetallic mineralisation, and to provide stratigraphic and structural information to assist geological evaluation of controls to high-grade mineralisation.

“The drilling program was successful in testing for depth extensions of the main mineralised zone and providing key geological and structural information which greatly improves our understanding of the controls to high-grade mineralisation at the Firetower project,” Flynn Gold managing director and CEO Neil Marston said in the company’s ASX announcement.

“Our initial review of the project generated depth extension targets that we started testing with an initial four-hole drill program in November 2023.

“Previous drilling at Firetower has been generally shallow across a limited strike length, with very few holes extending beyond 100 metres from the surface.

“Several historic drill holes reportedly ended in mineralisation.

“These early results demonstrate the continuity of polymetallic mineralisation and highlight the significant potential for high-grade mineralisation to continue at depth and along strike.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE