The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Investing

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

by admin January 13, 2024
January 13, 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
Forward Water Technologies Chosen to Advise CleanTech Lithium on Development of Lithium Extraction Process
next post
Tama Atacama Lithium Project – Exploration Concessions Granted

Related Posts

Brunswick Exploration Closes Upsized Non-Brokered Private Placement of...

December 21, 2024

Broad gold intercepts in Sandstone drilling

June 24, 2025

How Will Trump’s Permitting Plans Impact the US...

December 17, 2024

Falcon Recieves Drill Permit Approval at Great Burnt...

March 7, 2024

Entitlement Issue Prospectus

July 24, 2024

Canadian Investment Regulatory Organization Trade Resumption – WCU

February 20, 2025

First Helium Spuds 7-30 Undeveloped Light Oil Well...

January 22, 2025

Update – Blackstone Merger to Acquire Copper Gold...

May 7, 2025

Blue Lagoon Announces Final Tranche Of Private Placement

April 17, 2025

Editor’s Picks: Trump to Lift Minnesota Mining Ban,...

June 14, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Categories

    • Business (1,450)
    • Investing (3,608)
    • Politics (4,860)
    • World (4,752)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.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 © 2024 TheInvestmentWhisperer.com | All Rights Reserved