Flynn Gold Schedules Trenching and Drilling to Expand Golden Ridge Gold Targets

Golden Ridge Exploration Resumes with Trenching and Drilling

Flynn Gold Limited (ASX:FG1) has announced the imminent resumption of on-ground gold exploration at its flagship Golden Ridge Project in northeast Tasmania. The company plans to commence a surface trenching program at the Brilliant Prospect, targeting the north-eastern extensions of gold mineralisation previously identified through historical trenching. This work aims to verify and expand on earlier results, including a notable historical trench intercept of 34.5 metres at 1.37 g/t gold.

The trenching program will comprise eight trenches totaling approximately 400 metres, with potential extensions as required. Following trenching, Flynn Gold intends to drill up to 21 holes (around 2,500 metres) at the Brilliant Prospect to test for shallow extensions of high-grade mineralisation along the 3-kilometre contact zone between the Brilliant and Trafalgar prospects. This contact zone contains multiple untested targets, presenting an opportunity to grow the scale of the Golden Ridge Project.

Strategic Assessment of a Gold Processing Hub

In parallel with exploration, Flynn Gold is evaluating the potential to establish a gold processing hub at Golden Ridge to serve its portfolio of northeast Tasmanian projects. Most of the company’s gold assets in the region are within 70 kilometres of Golden Ridge and benefit from good road access, supporting the logistical feasibility of a central processing facility. The company plans to undertake detailed metallurgical testwork and environmental surveys shortly to inform the hub’s development and regulatory approvals.

Mangana Project Exploration and Government Support

At the nearby Mangana Project, Flynn Gold has completed a Tasmanian Government co-funded diamond drilling program under the Exploration Drilling Grant Initiative (EDGI). The program targeted extensions of mineralisation beneath historical workings at the Golden Entrance prospect, drilling four holes for a total of 691 metres. While the drilling intersected mineralised structures with quartz veining and sulphides, only narrow intervals of anomalous gold (up to 0.4 g/t) were returned, and the high-grade ore shoots were not intersected in this phase.

Rock chip sampling at Mangana has confirmed high-grade gold mineralisation at multiple prospects, including grades up to 63.0 g/t gold from quartz veins in underground adits at Golden Entrance and up to 97.4 g/t gold at the Buckland Prospect. These results highlight the potential for further discoveries in the area, which remains at an early exploration stage. Flynn Gold plans follow-up work including detailed mapping, sampling, and modelling to refine targets within the Mangana Goldfield.

Context within Flynn Gold’s Broader Exploration Efforts

Flynn Gold’s renewed focus on Golden Ridge and Mangana complements its ongoing drilling at the Silver King Mine Trend in western Tasmania, where recent results have demonstrated significant high-grade silver-lead-zinc mineralisation. The company’s broader Tasmanian portfolio also includes the Henty silver-lead-zinc project and the Firetower tungsten, gold, and critical metals project. The recent announcement follows the company’s Flynn Gold Reports Exceptional High-Grade Silver-Lead-Zinc Intercepts at Silver King, Tasmania, underscoring a multi-commodity exploration strategy across Tasmania.

Flynn Gold’s Managing Director and CEO, Neil Marston, emphasised the strategic importance of the Golden Ridge Project, noting the opportunity to expand mineralisation and develop a processing hub that could enhance the economics of the company’s northeast Tasmanian assets. The company’s approach integrates geological, metallurgical, and environmental studies to support future resource definition and potential development.