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Flynn Gold (ASX: $FG1) identifies polymetallic strike and depth potential at Firetower project

Exploration Update on Firetower Project by Flynn Gold Limited (ASX: $FG1)


Flynn Gold Limited (ASX: $FG1) has announced the identification of polymetallic strike and depth potential at its 100%-owned Firetower Project in northwest Tasmania. The final assay results from a recent 4-hole diamond drilling program have been received and reviewed, revealing significant mineralised intervals and depth extension target zones. The best result from the drilling program was 17.0m @ 2.31g/t Au, 0.16% Co, 0.38% WO3, 0.16% Cu from 121.0m, indicating the presence of high-grade mineralisation at depth and along strike.

Executive Commentary on Firetower Project


Managing Director and CEO Neil Marston expressed satisfaction with the drilling program, stating, '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. 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.'

Summary of Firetower Project Update


The recent drilling program at the Firetower Project has revealed significant polymetallic mineralisation and identified depth and strike extension target zones. The company is encouraged by the continuity of high-grade mineralisation at depth and along strike, indicating the potential for further exploration. Modelling of updated drilling data is in progress to evaluate controls to the high-grade polymetallic mineralisation and optimize targets for potential follow-up drilling. The ongoing geological study and exploration targeting at the Firetower Project are expected to provide valuable insights and enhance the prospect's exploration potential.

FLYNN GOLD LIMITED
FG1 | ASX | Materials
0.0240(+0%)
At close 05/07 (AEDT)
Market cap
$6.1M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.096
1YR Return
N / A

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