Flynn Gold (ASX:FG1) has increased its drilling capacity at the Trafalgar prospect, part of the company’s Golden Ridge Project in northeast Tasmania.
A second diamond core drill rig has been mobilised to site and has started drilling on hole TFDD003, targeting along strike and down-dip extensions to vein zones intercepted in historical hole TFDD001 and Flynn Gold’s recently completed TFDD002.
The new rig will operate initially on a single shift basis, with the intention to move to double shift within a month.
Commenting on today’s update, Executive Director Sam Garrett said: “The occurrence of multiple vein zones hosting visible gold in TFDD002 is very promising and has encouraged the company to expand its drilling capacity at Trafalgar.
“The occurrence of multiple vein zones hosting visible gold in TFDD002 is very promising”
Gold mineralisation is now reported over a vertical extent of 500m at Trafalgar (open at depth) and the new diamond rig has commenced the next phase of testing the system along strike.”
At a project scale, between the Trafalgar prospect to the east and Kensington prospect to the west, gold mineralisation is reported over a vertical extent of 1km and a lateral distance of over 6km which has only been drill-tested at Brilliant, Trafalgar and now Kensington.
Our scout RC drilling program is working to fill in the gaps targeting surface gold geochemical anomalies in this zone along the ridge between Kensington and Trafalgar with the aim to generate the next generation of advanced drill projects at Golden Ridge.”
Flynn Gold is an Australian mineral exploration company with a portfolio of exploration projects in Tasmania and WA.
The company has eight 100% owned granted tenements located in northeast Tasmania and is establishing a portfolio of gold exploration assets in the Pilbara and Yilgarn regions of Western Australia.
It also has prospective tin projects within its northeast Tasmania gold project, as well as two zinc-silver tenements on Tasmania’s mineral-rich west coast.
Images: Flynn Gold Ltd
