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The latest announcement is out from Flynn Gold Ltd. ( (AU:FG1) ).
Flynn Gold Ltd. has commenced its maiden diamond drilling program at the Double Event prospect within its Golden Ridge Project in Northeast Tasmania. This initiative targets high-grade quartz-sulphide veins and aims to explore the continuity and depth of mineralization previously identified through trenching. The drilling is expected to provide insights into the potential of this under-explored prospect, with recent trenching results indicating a mineralized corridor extending over 300 meters. The announcement signifies a strategic step in Flynn Gold’s exploration efforts, potentially enhancing its market position and offering promising implications for stakeholders.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry, focusing on gold exploration and development. The company is actively engaged in projects in Northeast Tasmania, with a primary emphasis on high-grade gold systems.
Average Trading Volume: 484,721
Technical Sentiment Signal: Buy
Current Market Cap: A$10.17M
For a thorough assessment of FG1 stock, go to TipRanks’ Stock Analysis page.