Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

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
House GOP divided on short-term funding as Congress barrels toward government shutdown deadline
next post
Tama Atacama Lithium Project – Exploration Concessions Granted

You may also like

Skyharbour Announces ANT Survey Prior to Upcoming Drill...

Mining to Commence at Phillips Find

Element79 Gold Corp.

Yalgoo Fieldwork Commences Over Main Target Areas

ChemX Materials: Developing Innovative Processing Technology to Produce...

Opawica Announces the Closing of Non-Brokered Private Placement

RecycLiCo Battery Materials Welcomes Maryam Rasouli, Ph.D. as...

TNC Green-Lights Cloncurry Copper Project Mining Restart Plan...

First Majestic to Acquire Gatos Silver for US$970...

Freegold Intersects 1.44 g/t Au over 31.4 m...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • 4th round of US-Iran talks ends as Trump set to embark on...

    • Missiles, drones and airstrikes, until a sudden ceasefire. How India and Pakistan agreed to an uneasy truce

    • In China, some see the ghost of Mao as Trump upends America and the world

    • Pope! Amigo! Peruvians remember the young American priest who became pope

    • Dozens of boxes of Nazi materials found in basement at top Argentinian court

    Categories

    • Business (1,634)
    • Investing (4,793)
    • Politics (7,566)
    • Uncategorized (2)
    • World (6,164)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.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 toppricemarket.com | All Rights Reserved


    Back To Top