Flynn Gold Confirms High-Grade Gold Zone at Golden Ridge

THE DRILL SERGEANT: Flynn Gold (ASX: FG1) reported a drilling encounter with high-grade gold at the company’s 100 per cent- owned Golden Ridge project in Northeast Tasmania.

Flynn Gold announced high -grade gold mineralisation was intersected during the first drilling program completed at the Trafalgar North vein zone, which is situated within the Golden Ridge project.

The company has received assay results for two drill holes drilled at Trafalgar North, from which the best results included:

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3.05 metres at 4.9 grams per tonne gold from 53.1m, including 0.35m at 40g/t gold, and
2.7m at 4.1g/t gold from 115.4m, including 0.35m at 26.6g/t gold; and

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4.8m at 4g/t gold from 165.6m, including 0.4m at 17.9g/t gold from 166.9m, and 0.4m at 24g/t gold from 170m, and
0.3m at 25.1g/t gold from 440.5m.

“These are excellent early results from our on-going exploration at our flagship Golden Ridge project in NE Tasmania,” Flynn Gold managing director and CEO Neil Marston said in the company’s ASX announcement.

“Drilling has successfully intersected high-grade gold veins beneath the recently discovered trenching area at Trafalgar North and has confirmed our interpretation that this zone is continuous at depth and potentially is a parallel zone to the Trafalgar prospect mineralisation.

“This new vein zone increases the mineralised footprint at Trafalgar from 300m to 500m width across the granodiorite/sedimentary contact and reinforces our view that this project has the potential to host large-scale gold mineralisation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE