FG1 Investor Overview – Flynn Gold Limited

Money Bizwiz Team
5 Min Read

Unlocking the Potential of Flynn Gold: A Closer Look at Their Projects and Management Team

Flynn Gold is an innovative mineral exploration company that is making waves in the Australian mining industry. With a diverse portfolio of projects in Tasmania and Western Australia, Flynn Gold is poised to capitalize on the booming gold and lithium markets.

Investor Insights

Flynn Gold’s large, high-grade gold footprint in Tasmania provides a compelling investor proposition that leverages a continuing gold bull market.

Overview

Flynn Gold (ASX:FG1) is an Australian mineral exploration company with a portfolio of projects in Tasmania and Western Australia. Tasmania is home to several world-renowned deposits and is rich in diverse mineral resources and operating mines. The region has established mining districts, excellent infrastructure such as rail and ports, and a skilled workforce, with a stable political and regulatory environment. These features are a big positive for the company’s projects in this region.

In Northwest Tasmania, Flynn Gold has the Henty zinc-lead-silver and Firetower gold and critical minerals projects. The company is also building a strategic lithium and gold portfolio in Western Australia, with projects strategically located in districts hosting large gold and lithium deposits or in regions that are relatively under-explored for lithium.

Flynn Gold's project locations

Flynn Gold’s exploration at its Golden Ridge project has focused on a 9-kilometre-long granodiorite-metasediment contact zone with diamond drilling programs completed at the Brilliant and Trafalgar prospects, with multiple high-grade gold vein intersections.

Key Projects

Northeast Tasmania

Flynn Gold's Northeast Tasmania Project Location Map

The company is focused on three high-grade gold projects in Tasmania — Golden Ridge, Warrentinna, and Firetower. The under-explored Northeast Tasmania region is interpreted to be part of the Western Lachlan Orogen, a geological extension of the rich Victorian Goldfields which boast of historical gold production of over 80 million ounces (Moz).

Golden Ridge Project
Flynn Gold's Golden Ridge Project

Targeted for intrusive related gold system (IRGS) style mineralization, the Golden Ridge project is located 75 kilometres east of Launceston in Northeast Tasmania. Previous gold exploration at the Golden Ridge Project has been very limited with shallow historical workings located over a 9-kilometre-long granodiorite-metasediment contact zone.

Soil sampling at the Golden Ridge project has been progressively undertaken since an initial sampling trial using the UltraFine+ technique was initiated in May 2022. The results of this soil sampling have highlighted the known prospect areas, as well as several new target areas at Grenadier and Big Penny, with gold anomalism not associated with historical workings.

Warrentinna Project

The Warrentinna project was acquired in 2023 from Greatland Gold plc (LSE:GGP). The project is located in northeast Tasmania and covers an area of approximately 37 sq km immediately adjacent to Flynn’s existing Lyndhurst Project. The tenement encompasses two historic goldfields, Forester and Warrentinna.

Portland Project

The Portland gold project comprises three adjacent tenements: Portland, Telegraph, and Cameron Tin. The project falls within the region mined historically from 1870 to 1917 and has similarities to Victorian geology with high-grade “Fosterville-style” gold mineralization confirmed.

Northwest Tasmania

Flynn Gold's Northwest Tasmania - Tenement Location Map

The company has two projects in the Northwest Tasmania region: the Firetower project and the Henty zinc project. The Firetower project spans more than 62 sq kms and represents an advanced gold plus battery metals project, which includes three notable prospects: Firetower, Firetower East, and Firetower West.

Firetower Project
Flynn Gold's Firetower Prospect

Resampling of the historic core at Firetower has confirmed the significant potential for gold and critical minerals – cobalt, tungsten, and copper. The results have made it clear this project represents an exciting polymetallic opportunity.

Henty Zinc Project

The Henty Project is a 130 sq. km land holding under two 100 percent owned exploration licences and provides the company with a dominant position in a rich base metals field with proximity to an existing zinc/lead concentrate producer.

Western Australia

Flynn holds five gold-lithium projects in the resources-rich state of Western Australia, strategically located near large gold and lithium deposits or in regions that are relatively under-explored for lithium.

Mt Dove Project
Yarrie Project
Forrestania Project
Lake Johnston Project
Koolyanobbing Project
Parker Dome Project

Management Team

Clive Duncan, Neil Marston, Sam Garrett, and John Forwood form the core of Flynn Gold’s dynamic management team. With a wealth of experience in the mining and minerals exploration sector, this team is well-equipped to lead Flynn Gold to new heights in the Australian mining industry.

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