{"id":9715,"date":"2024-11-12T11:37:49","date_gmt":"2024-11-12T11:37:49","guid":{"rendered":"https:\/\/digitaltradecenter.com\/index.php\/2024\/11\/12\/significant-exploration-target-for-golden-ridge-ne-tasmania\/"},"modified":"2024-11-12T11:37:49","modified_gmt":"2024-11-12T11:37:49","slug":"significant-exploration-target-for-golden-ridge-ne-tasmania","status":"publish","type":"post","link":"https:\/\/digitaltradecenter.com\/index.php\/2024\/11\/12\/significant-exploration-target-for-golden-ridge-ne-tasmania\/","title":{"rendered":"Significant Exploration Target for Golden Ridge, NE Tasmania"},"content":{"rendered":"<\/p>\n<p><strong>Flynn Gold Limited<\/strong> (ASX: FG1, \u201cFlynn\u201d or \u201cthe Company\u201d) is pleased to announce a maiden JORC compliant Exploration Target for the Trafalgar, Brilliant and Link Zone prospects at its 100%-owned Golden Ridge Project in North-east Tasmania. <\/p>\n<p><strong>Highlights<\/strong><\/p>\n<ul class=\"ee-ul\">\n<li>Maiden Exploration Target estimated for the Trafalgar, Brilliant and Link Zone prospects at FG1\u2019s 100%-owned Golden Ridge Project<\/li>\n<li>The estimated range of potential mineralisation for the Exploration Target* is:\n<ul class=\"ee-ul\">\n<li>3.5 to 5.4 million tonnes grading at 3.0g\/t Au to 4.0g\/t Au for 449,000oz to 520,000oz of contained gold <br \/>*The size and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code.<\/li>\n<\/ul>\n<\/li>\n<li>Exploration Target is open in all directions and represents less than 30% of the known strike of the 9km gold anomaly that defines the gold mineralised system at Golden Ridge<\/li>\n<li>Diamond drilling underway at Link Zone testing extensions of known gold-vein mineralisation along strike and down-dip of the historic Golden Ridge Adit<\/li>\n<li>Further drilling planned to expand the Exploration Target and convert to a Mineral Resource<\/li>\n<\/ul>\n<p>The combined Exploration Target range is listed in Table 1: <\/p>\n<p><strong>Flynn Gold\u2019s Managing Director and CEO, Neil Marston states<\/strong>: <em>\u201cFollowing several successful drill campaigns testing the gold mineralisation at Golden Ridge, we are pleased to report an initial JORC-compliant Exploration Target for the Trafalgar, Brilliant and Link Zone prospects.<\/em><\/p>\n<p><em>\u201cThe Exploration Target is open in all directions and encompasses less than 30% of the known gold anomalism at Golden Ridge which highlights the substantial future growth potential of this exciting project.<\/em><\/p>\n<\/p>\n<p><em>\u201cThis is a significant step toward our next goal of defining a maiden JORC Mineral Resource for the project. There is potential to significantly increase the tonnage and grade at Golden Ridge with in-fill and expansion drilling, which will be a major focus for the Company during 2025.\u201d <\/em><em><\/em><\/p>\n<p><strong>Exploration Target<\/strong><\/p>\n<p>The Golden Ridge Project is located within EL17\/2018 in North-east Tasmania (see Figure 7).<\/p>\n<p>Flynn has calculated JORC compliant Exploration Targets for the Trafalgar, Brilliant and Link Zone prospects at Golden Ridge dated 8th November 2024. Table 2 below provides a summary of the Exploration Targets for each prospect: <\/p>\n<p>The combined Exploration Target only encompasses areas where Flynn has drill-tested vein mineralisation at locations shown in Figure 1 and does not include areas of anomalous soil geochemistry, which the Company considers to be highly prospective for gold mineralisation and intends to drill-test in the future.<\/p>\n<p>The drill-tested Trafalgar, Brilliant and Link Zone prospects define a significant zone of gold mineralisation extending over a strike length of approximately 3km, which is contained within a broader 9km zone of gold anomalism that trends along the contact between the Golden Ridge granodiorite and the Mathinna supergroup metasediments (Figures 1 &#8211; 3).<\/p>\n<p>Potential gold vein extensions at Trafalgar and Brilliant ,defined by anomalous gold-in-soil geochemistry along strike of and surrounding the Exploration Target veins, were not included in the Exploration Target calculation.<\/p>\n<p>Work is currently in progress to in-fill these areas with soil sampling and trenching prior to exploration drill-testing. <\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<p><a href=\"https:\/\/investingnews.com\/stocks\/asx-fg1\/flynn-gold\/\" rel=\"noopener\" target=\"_blank\"><\/a><\/p>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><i><\/i><\/div>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flynn Gold Limited (ASX: FG1, \u201cFlynn\u201d or \u201cthe Company\u201d) is pleased to announce a maiden JORC compliant Exploration Target for the Trafalgar, Brilliant and Link Zone prospects at its 100%-owned Golden Ridge Project in North-east Tasmania. Highlights Maiden Exploration Target estimated for the Trafalgar, Brilliant and Link Zone prospects at FG1\u2019s 100%-owned Golden Ridge Project <\/p>\n","protected":false},"author":1,"featured_media":9716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-9715","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/9715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/comments?post=9715"}],"version-history":[{"count":0,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/9715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media\/9716"}],"wp:attachment":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media?parent=9715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/categories?post=9715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/tags?post=9715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}