Flynn Gold Unveils Critical Polymetallic Potential at Firetower Project

Re-sampling Revives Interest in Firetower

Flynn Gold Limited has breathed new life into its 100%-owned Firetower Project in northwest Tasmania through the re-assaying of historical drill core. The company’s recent work on drill hole FTD041, originally drilled in 2012, has revealed a significant polymetallic intercept featuring gold, cobalt, tungsten, and copper. This re-sampling effort not only confirms the depth continuity of mineralisation but also underscores the polymetallic nature of the deposit, which had previously been underappreciated due to incomplete assays for critical metals.

Highlighting Critical Metals in a Polymetallic System

The standout intercept from FTD041 returned 1.4 metres grading 2.23 grams per tonne gold, 0.58% cobalt, and 1.31% tungsten trioxide (WO₃) from 221.1 metres downhole, within a broader 10-metre zone of lower-grade mineralisation. These results extend the known mineralisation approximately 80 metres down-plunge from a 2023 extensional drill hole, reinforcing the prospect’s potential. Importantly, cobalt and tungsten are classified as critical metals due to their strategic importance in global energy transition technologies and industrial applications, respectively. The presence of these metals alongside gold enhances the project’s economic and strategic value.

Systematic Re-sampling and Exploration Strategy

Flynn Gold has embarked on a systematic program to re-sample additional historical drill holes that were never assayed for cobalt and tungsten. Four more holes have recently been re-sampled, with assays pending. This low-cost approach leverages existing core to unlock new insights into the polymetallic system, potentially identifying new exploration vectors and refining resource targeting. The Firetower Project, situated within the mineral-rich Mt Read volcanic sequence, benefits from excellent infrastructure and proximity to established mining services.

Strategic Importance Amid Rising Demand

The global demand for cobalt and tungsten is intensifying, driven by their indispensable roles in battery technologies, electric vehicles, and industrial applications. With supply constraints emerging; particularly due to geopolitical risks and export controls; projects like Firetower in Tier-1 jurisdictions such as Australia are gaining heightened attention. Flynn Gold’s confirmation of polymetallic mineralisation including these critical metals positions the company well to capitalize on this trend.

Looking Ahead

While the true widths of the mineralised zones remain to be fully defined and tungsten assays may currently under-report total content due to assay method limitations, Flynn Gold’s ongoing drilling and re-sampling programs are poised to clarify these uncertainties. The Firetower Project remains open along strike and at depth, offering substantial upside potential. Investors and analysts will be watching closely as further assay results emerge and the company advances its exploration strategy.