Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Investing

Drilling Confirms Gold System Near Surface at Warrentinna Project, NE Tasmania

by January 12, 2024
January 12, 2024
Drilling Confirms Gold System Near Surface at Warrentinna Project, NE Tasmania

Flynn Gold Limited (ASX: FG1, “Flynn Gold” or “the Company”) is pleased to announce the results from its maiden diamond drilling campaign at its 100%-owned Warrentinna Project in northeast Tasmania.HIGHLIGHTS:Multiple zones of auriferous quartz veining intersected in Flynn’s maiden diamond drilling program at the Warrentinna Project in NE Tasmania.Drilling program consisted of 2 drillholes for a total of 357m with best intercepts reported in hole DNDD001:DNDD001:7.2m @ 2.5g/t Au from 68.9m, including2.1m @ 7.0g/t Au from 75.1m, and4.8m @ 1.2g/t Au from 92.0m, including0.3m @ 5.6g/t Au from 94.6mThe program confirms highly prospective orogenic-style gold mineralisation which coincides with historical mine workings over a largely untested 6km-long corridor with potential for near- surface gold resources.Drillholes also yielded valuable structural data which will be used for targeting in future campaigns that will aim to prove mineralisation along strike from historical drill results, which include:WTR013:5.0m @ 28.93g/t Au from 36.0m, including1.0m @ 103.25g/t Au from 37.0m2019WTD001:21.7m @ 3.3g/t Au from 9.3m, including2.2m @ 12.0g/t Au from 10.8m2019WTD002:11.7m @ 2.8g/t Au from 115m.

Managing Director and CEO, Neil Marston commented:

“Our maiden diamond drilling program has confirmed that the Warrentinna Project has potential for gold resources near surface and proven to extend the depth of mineralisation to greater than 100 metres.

“Previous explorers have produced some remarkable high grades at Warrentinna. Our drilling has confirmed the existence of multiple zones of gold mineralisation and added a structural context which will be used in targeting for future drilling campaigns.

“The Warrentinna goldfield is defined by shallow historic workings over a strike length of 6km, and with this campaign targeting gold mineralisation in the north of the goldfield, the remainder is largely untested.”

Warrentinna Gold Project

The Warrentinna Project (EL30/2004) is located in northeast Tasmania, 40km northwest of Flynn’s Golden Ridge Project (see Figure 1). The tenement was acquired from Greatland Gold plc (LSE: GGP, “Greatland”) in June 20231.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
This lawn has been named the ugliest in the world – but it’s all for a good cause
next post
Tama Atacama Lithium Project – Exploration Concessions Granted

Related Posts

Feasibility Study Confirms Strong Case for Expansion

January 24, 2024

Top 5 Junior Copper Stocks on the TSXV...

April 17, 2025

Marvel Discovery

December 28, 2023

1911 Gold: Near-term Gold Production, Development Potential in...

February 13, 2025

Brightstar Completes Maiden Gold Pour

March 13, 2024

Mega M&A: Rio Tinto-Glencore Merger Talk Sparks Speculation

January 28, 2025

First Phase Drilling Successfully Completed at Abbotts North...

March 15, 2024

Argentina Lithium Announces Accelerated Exploration Plan

November 21, 2023

Freegold Announces Start of 2024 Drilling Program at...

April 24, 2024

MT Survey Outlines Large Undrilled Conductive Anomalies and...

April 10, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Waymo offers teen accounts for driverless rides

      July 9, 2025
    • 2

      Strong Leach Recoveries and Low Impurities

      July 9, 2025
    • 3

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 4

      Tesla asks shareholders to vote again on Musk’s $56 billion payout

      April 18, 2024
    • 5

      Eruption of Indonesia’s Mount Lewotobi Laki Laki volcano sends ash 11 miles high

      July 7, 2025
    • 6

      ‘This is a life-changing event’: Floridians start an arduous recovery as Idalia keeps thrashing North Carolina

      September 1, 2023
    • 7

      North Korea says it launched new ‘tactical nuclear attack’ submarine. South Korea doubts it works

      September 11, 2023

    Categories

    • Business (1,072)
    • Investing (2,110)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,419)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved