Flynn Gold Limited (ASX: $FG1) has announced the first assay results from its Firetower Project in northwest Tasmania. The drilling has confirmed coherent zones of high-grade polymetallic gold, cobalt, tungsten, and copper mineralisation at the project, with laboratory assays for most of the program still pending.
Managing Director and CEO Neil Marston stated, 'High-grade gold-cobalt-tungsten has been recorded in the first results from drilling at the Company's Firetower Project in northwest Tasmania. Our drilling has been successful in testing for depth extensions of the main mineralised zone. These early results demonstrate the depth continuity of mineralisation and highlight the significant potential for high-grade mineralisation to continue at depth and along strike. Importantly Flynn already has permits in place to undertake a follow-up drilling program to test for further mineralisation.'
The recent drilling results at Firetower Project have confirmed the potential for significant polymetallic gold and critical minerals mineralisation. The high-grade gold-cobalt-tungsten-copper mineralisation intersected in the initial drilling results demonstrates the depth continuity of mineralisation and highlights the significant potential for high-grade mineralisation to continue at depth and along strike. Flynn Gold intends to update the geological model, create a resource block model, conduct preliminary metallurgical testwork, and undertake additional drilling to further explore the high-grade gold-cobalt-tungsten mineralised zone. The Firetower Project, located in a highly mineralised area, holds promise for Flynn Gold's future exploration and development endeavors.