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Company News
Flynn Gold Identifies High-Grade Gold-Tungsten-Cobalt at Firetower Project
Flynn Gold (ASX: FG1) has identified high-grade gold, tungsten, and cobalt near surface at its Firetower project in northwest Tasmania. Ongoing re-sampling of historical drill core delivered significant intercepts such as 17 metres at 4.1 grams per tonne gold, 0.21% tungsten and 0.04% cobalt, which included 6m at 9.27g/t gold, 0.59% tungsten, and 0.08% cobalt from […]
Flynn Gold Raises $5m to Accelerate Exploration Across Tasmanian Projects
Flynn Gold (ASX: FG1) has received strong support for a $5 million capital raising to accelerate exploration at its Tasmanian gold-silver-critical minerals projects. The company raised $3m via a renounceable rights issue to shareholders and a further $2m in a follow-on share placement to domestic and international institutional investors. Flynn issued a total of 217.3 million […]
Flynn Gold Uncovers High-Grade Gold, Cobalt, and Tungsten at Firetower Project
Flynn Gold (ASX: FG1) has used an examination of historical results to identify high-grade gold, cobalt, and tungsten at its Firetower project in northwest Tasmania. Desktop studies have highlighted significant initial assays from re-sampling of historical drill core from Firetower, in a program to assess and advance the project’s critical mineral potential. The initial core […]
Flynn Gold Launches Maiden Diamond Drilling Program at Double Event Prospect in Tasmania
Flynn Gold (ASX: FG1) has commenced a maiden diamond drilling (DD) program at the promising Double Event prospect within its Golden Ridge gold project in Northeast Tasmania. Less than a week after the company announced it was raising $3 million to support exploration at its Tasmanian projects, the program will test the high-grade quartz-sulphide veins […]
Flynn Gold Raising $3m to Accelerate Multiple Tasmanian Exploration Programs
Flynn Gold (ASX: FG1) is seeking to raise $3 million to support its drilling ambitions in Tasmania, with independent broking firm Mahe Capital underwriting half of the issue and major shareholder Colin Bourke agreeing to sub-underwrite $500,000 of that amount. The company will issue the new equity at $0.023 per share, representing a discount of […]
Flynn Gold Looks to Expand Golden Ridge with Promising New Grenadier G3 Vein
Flynn Gold (ASX: FG1) believes a new gold vein discovery at its Golden Ridge project in northeast Tasmania may represent a significant increase to the potential gold endowment of the Grenadier prospect system. The company identified the G3 vein in its recent surface trenching and sampling at Grenadier, with an in-situ gold sample assaying 1.0 […]
Flynn Gold Awarded $130,000 EDGI Grant to Advance Tasmanian Drilling Projects
Flynn Gold (ASX: FG1) is moving quickly to finalise a drilling contract after attracting government backing for the next stage of exploration at two of its prospective Tasmanian projects. The company’s success in landing two applications in Round 11 of the Tasmanian government’s Exploration Drilling Grant Initiative (EDGI) will allow it to accelerate new work […]
Flynn Gold Moves Toward First-Ever Drilling Program at Golden Ridge Double Event Discovery
Flynn Gold (ASX: FG1) has identified a new gold discovery with a trenching program at the Double Event prospect within its 100%-owned Golden Ridge project in northeast Tasmania. The company has already obtained approval for the first-ever drill program at the historical Double Event location after intersecting multiple high-grade gold-bearing quartz-sulphide veins over a 275-metre […]
Flynn Gold Sells Mount Dove Project in WA to Boost Tasmanian Exploration Efforts
Flynn Gold (ASX: FG1) has divested the non-core Mount Dove project in Western Australia in a move which to bring in additional funds to support its growing Tasmanian mineral exploration strategy. The company will receive $200,000 in cash under a binding agreement with Northern Star Resources (ASX: NST) for the sale of exploration licence E45/5055 […]
Flynn Gold Confirms High-Grade Gold Discovery at Golden Ridge’s Trafalgar Prospect
Flynn Gold (ASX: FG1) has gained further confidence in the upside of its Trafalgar prospect at Golden Ridge after receiving high-grade assay results from its Phase 4 program at the northeast Tasmanian project. Recently completed diamond drilling has confirmed the continuity of mineralisation across multiple structures, particularly within the Trafalgar Main Zone. High-grade gold hits […]
