Exploration/Development, Gold, Lithium, News

Flynn Gold expands lithium footprint

lithium, flynn gold Image: Shutterstock / Steve Morfi

The junior gold miner is expanding its portfolio with two prospective lithium tenements in Western Australia.

The new ground lies in Parker Dome, just 50km north of the Mt Holland lithium project. Mt Holland is owned by SQM and Wesfarmers and is considered one of the country’s major undeveloped hard-rock lithium projects.

Now Flynn Gold is looking to capitalise on the area’s rich geology, adding Parker Dome to its expanding portfolio of lithium and gold projects in WA and Tasmania.

The Parker Dome licences cover part of the Forrestania-Southern Cross greenstone belt which hosts several other lithium deposits and complements Flynn’s lithium prospects in the region.

Parker Dome has been historically targeted for gold, with multiple pegmatite dykes identified over an extensive area. However, the area has never been explored for lithium.

Flynn Gold has also lodged four additional exploration licence applications over 20km² within 7km of the Mt Holland lithium project.

“We are delighted to have secured an option to acquire two fully permitted exploration licences at Parker Dome, which complement our exciting lithium projects at Forrestania and Lake Johnston in Western Australia,” Flynn Gold managing director and chief executive officer Neil Marston said.

“Historical RAB (rotary air blast) drilling on these licences has recorded pegmatite in the bottom of multiple holes over an extensive area with thicknesses of up to 12 metres. Significantly, these drill holes were not assayed for lithium. Consequently, we intend making a rapid start to exploration activities to test these exciting drill-ready lithium targets.”

Subscribe to Australian Resources & Investment and receive the latest news on commodity prices, resource developments, executive movements and more.

Previous ArticleNext Article
Send this to a friend