Company
ASX:FG1
Flynn Gold is an Australian mineral exploration company with a portfolio of projects in Tasmania. The company has ten 100% owned tenements located in northeast Tasmania which are highly prospective for gold as well as tin/tungsten.
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It is one of three tenements and applications that make up the Mt Dove Project immediately adjacent to De Grey Mining’s Mallina Gold Project that hosts the 6.8-million-ounce Hemi deposit.
Overall, the results demonstrate that reconnaissance rock samples support an extensive gold system over 3 kilometres of strike at the Golden Ridge Project.
The Tasmanian distiller will step up its export program from 2023, following the acquisition of Kernke Family Shene Estate for $40 million. The acquisition will be accompanied by a $53 million capital raise. The company is in a trading halt
The company will follow a systematic exploration strategy including continued geological mapping, soil sampling, costeaning and possible scout drilling at Cameron.
Five prospective tightly folded anticlines with a total combined strike length of 38 kilometres have been identified. Of these, Rushy Lagoon Anticline is considered a priority, with historical high-grade gold prospects and anomalous gold-ar
Of interest to energy stock holders would be the rise in oil prices, which have pushed petrol prices to their highest level in almost three years.
The company has completed eight diamond drill holes totalling 1,661 metres of a planned 4,100-metre program over 250 metres of strike length at its Brilliant Prospect
Funds raised under the IPO are being used to undertake a focused exploration program, including substantial drilling efforts on the company’s key projects in northeast Tasmania, and for further sampling, geophysics and other surveys over th
The overall grade and width of the mineralised intersections are consistent with historic data and support the company’s ongoing exploration strategy for the Brilliant prospect in northeast Tasmania.
The Australian-based mineral exploration company, which is focused on two emerging gold camps – in northeast Tasmania and WA’s Pilbara region – has also started reviewing tin exploration potential at its Cameron Project in Tasmania.
Nearly one week on from its ASX debut, Flynn Gold executive director Sam Garrett speaks to Proactive about the new joiner’s exploration plans and what it can offer shareholders as a publicly listed company.
