Flynn Gold initiates diamond drilling in Tasmania

Flynn Gold (ASX:FG1) has launched its inaugural diamond drilling program at the Link Zone prospect in the Golden Ridge Project, Northeast Tasmania. The program targets Intrusion-Related Gold System (IRGS) type mineralization and includes two drill holes totaling 400 meters. This effort is supported by a grant of up to $70,000 from the Tasmanian Government's Exploration Drilling Grant Initiative.

Flynn Gold's strategic exploration and funding outlook

Flynn Gold is embarking on a significant exploration initiative with its first diamond drilling program at the Golden Ridge Project in Tasmania, aimed at uncovering large-scale gold deposits. The program is focused on extending known high-grade gold veins and is bolstered by up to $70,000 in funding from the Tasmanian Government's Exploration Drilling Grant Initiative. This project is part of Flynn Gold's broader strategy to explore a 9km-long zone of IRGS mineralization in Tasmania, alongside other projects in Western Australia. The company aims to leverage the results from this drilling to enhance its exploration portfolio and potentially redefine its market position in the gold mining sector.

Executive insights on Flynn Gold's strategic exploration

The commencement of diamond drilling at the Golden Ridge Project marks an exciting milestone for Flynn Gold. We are eager to explore the potential of the high-grade gold veins identified at the historical Golden Ridge Adit. The support from the Tasmanian Government's Exploration Drilling Grant Initiative is crucial in advancing our exploration efforts and unlocking the potential for significant gold discoveries in the region.