Flynn Gold (ASX:FG1) has received ‘high-grade’ tungsten results from soil and rock chip sampling assays at the Gorge Creek Tungsten Prospect in northeast Tasmania.
CEO Neil Marston says the results align with intrusive-related gold system deposits, highlighting the importance of the company’s exploration strategy for the project.
“While Flynn Gold’s focus remains squarely on advancing the Golden Ridge project, our field team has taken the opportunity to pursue other exciting grassroots exploration opportunities in our portfolio,” he says.
“The Gorge Creek tungsten prospect has lain dormant for almost half a century, only to re-emerge at a time when global demand in critical minerals such as tungsten is very high.”
A total of 163 samples were collected by Flynn, consisting of 65 rock chips, 92 soil, and six stream sediment samples. The results confirmed a broad tungsten-bismuth anomaly, extended over approximately 400m by 150m, including a “high-grade” zone approximately 250m by 150m, which is open along strike and yet to be drill tested.
Highlights from the Gorge Creek Prospect chip sampling include 14.75% and 13.43% tungsten trioxide, 197 grams per tonne silver, 0.64g/t gold, and 0.2% bismuth.
The company says that future exploration will focus on defining the scale, geometry, and mineralisation at Gorge Creek.
Exploration at the Henty Silver-Lead-Zinc Prospect is due to begin in coming days, with a 1,000m drilling program planned to test historical workings.
Meanwhile, at the Mangana Gold Project, drilling consisting of four drillholes for 691m has been completed with results to be released in coming weeks.
Flynn Gold is a mineral exploration company with several operating mines in Tasmania.
Write to Paige Furner at Mining.com.au
Images: Flynn Gold
