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Hunting for critical minerals in north-west Tasmania

Flynn Gold Firetower

Recent drilling has enabled Flynn Gold to gain a better understanding of the mineralised system at its Firetower polymetallic project in north-west Tasmania.

The company has received the final assay results from a four-hole diamond drilling program, with all holes intercepting significant mineralised intervals.

The best result was at drill hole 2019FTD007E, with the following results returned:

  • 17m at 2.31 grams per tonne (g/t) gold, 0.16 per cent cobalt, 0.38 per cent tungsten, 0.16 per cent copper from 121m
  • Including 1.7m at 6.64g/t gold, 0.12 per cent cobalt, 0.87 per cent tungsten and 0.14 per cent copper from 121m, and
  • 5m at 3.27g/t gold, 0.24 per cent cobalt, 0.53 per cent tungsten, 0.33 per cent copper from 132.5m

Flynn Gold managing director and chief executive officer Neil Marston said the company was beginning to understand Firetower’s scale and geological nature.

“The drilling program was successful in testing for depth extensions of the main mineralised zone and providing key geological and structural information which greatly improves our understanding of the controls to high-grade mineralisation at the Firetower project,” he said.

Marston said Flynn Gold began testing depth extensions to Firetower in November 2023, with the initial four-hole drill program generating “highly encouraging” results.

“Previous drilling at Firetower has been generally shallow across a limited strike length, with very few holes extending beyond 100m from the surface. Several historic drill holes reportedly ended in mineralisation,” he said.

“These early results demonstrate the continuity of polymetallic mineralisation and highlight the significant potential for high-grade mineralisation to continue at depth and along strike.”

Flynn Gold said it would use the drill findings to optimise targets for future drill testing. The company has also commenced a field mapping and sampling campaign at Firetower, which will be expanded to explore the Firetower West and Firetower East prospects.

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