ASX: FG1 Victoria Gold Mining and Exploration Forum Presentation February 2024 Exploring for gold and battery metals in Tasmania and Western Australia Trafalgar Prospect - Drill hole TFDD005 - Quartz-sulphide (pyrite-arsenopyrite-pyrrhotite-galena-sphalerite) vein at 120.3m (0.7m @ 152.5g/t Au) Important Notice & Disclaimer OVERVIEW This investor presentation (“Presentation”) has been prepared by Flynn Gold Limited (ABN 82 644 122 216) (“Flynn Gold” or “Company”) and is dated 21 February 2024. SUMMARY INFORMATION This Presentation contains summary information about the current activities of Flynn Gold and its subsidiaries as at the date of this Presentation. The information in this Presentation is of a general nature and does not purport to be complete. This Presentation does not purport to contain all the information that an investor should consider when making an investment decision nor does it contain all the information which would be required in a disclosure document or prospectus prepared in accordance with the requirements of the Corporations Act. It should be read in conjunction with Flynn Gold’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au. Neither Flynn Gold nor its directors, employees or advisers give any warranties in relation to the statements and information in this Presentation. DISCLAIMER This presentation is for informational purposes only and does not constitute an offer to sell, or solicitation to purchase, any securities. Such Offer can be made only through proper subscription documentation and only to investors meeting strict suitability requirements. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. In providing this presentation Flynn Gold Limited (“Flynn Gold”) has not considered the financial position or needs of the recipient. Persons needing advice should consult their stockbroker, bank manager, solicitor, attorney, accountant or other independent financial and legal advisors. FORWARD LOOKING STATEMENTS Various statements in this presentation constitute statements relating to intentions, future acts and events. Such statements are generally classified as “forward looking statements” and involve known and unknown risks, uncertainties and other important factors that could cause those future acts, events and circumstances to differ materially from what is presented or implicitly portrayed herein. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates” and similar expressions are intended to identify forward-looking statements. Flynn Gold caution shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Flynn Gold only as of the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. COMPETENT PERSON STATEMENT EXPLORATION RESULTS The information in this release is an accurate representation of the available data and studies for the material mining project. The information that relates to sampling techniques and data, exploration results and geological interpretation has been compiled by Sean Westbrook who is a consultant of the Company. Sean Westbrook is a Competent Person as defined in the JORC Code (2012). Sean has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results. EXPLORATION RESULTS Refer to Company Announcements for full details on Exploration Results. Flynn Gold is not aware of any new information or data that materially effects the information contained in those announcements. 2 Overview Flynn Gold Limited is focused on the exploration and development of Australian gold and battery metals projects in Tasmania and Western Australia Western Australia • 15 granted Exploration Licences and 9 EL applications • 1,140 km2, 100% Flynn Gold • Pilbara – holdings close to significant gold & lithium deposits at Mt Dove and Yarrie • Yilgarn – holdings close to world class lithium and nickel deposits at Forrestania and Koolyanobbing Tasmania • 12 granted Exploration Licences • 1,475 km2, 100% Flynn Gold • Northeast Tasmania – interpreted extension of Victorian goldfields with significant gold and tin/tungsten historical mines • Northwest Tasmania – Firetower and Henty projects with multiple gold and battery metals drill targets 3 Northeast Tasmania • Northeast Tasmania – interpreted to be part of the Western Lachlan Orogen – a geological extension of the Victorian Goldfields • NE Tasmania has significant historic high-grade gold production:  Beaconsfield Gold Mine mined to 1,200m depth producing:  1877-1914: 854,600oz @ 26g/t Au  1999-2012: 920,000oz @ 10.5g/t Au  New Golden Gate Gold Mine (Mathinna) mined to 500m depth producing:  1887-1926: 253,000oz @ 26g/t Au • Very little gold exploration over the last 100 years provides great opportunities for fresh gold discoveries using modern exploration techniques 4 Northeast Tasmania…Continued… • NE Tasmania is interpreted to be part of the Lachlan Orogen – a geological extension of the Victorian Goldfields A work in progress… Generally accepted that Northeast Tasmania is a continuation of the Lachlan Fold Belt. But still debate about a correlation to: - Melbourne Zone (Western Lachlan) - The Bendigo Zone (Western Lachlan) - Tabberabberan Zone (Reed 2001) From Bierlein et al. 2005 From Reed 2001 - Separate Mathinna Terrace (Southern Tabberabberan) [same but different] 5 Northeast Tasmania…Continued… • NE Tasmania is interpreted to be part of the Lachlan Orogen – a geological extension of the Victorian Goldfields A work in progress… Generally accepted that Northeast Tasmania is a continuation of the Lachlan Fold Belt. But still debate about a correlation to: - Melbourne Zone (Western Lachlan) Lachlan Orocline Model – Subduction roll back caused by accretion of Vandieland to the Australian continent. (Moresi et al. 2015, modified from Wilson et al. 2020). - The Bendigo Zone (Western Lachlan) - Tabberabberan Zone (Reed 2001) - Separate Mathinna Terrace (Southern Tabberabberan) [same but different] 6 Northeast Tasmania…Continued… • FG1 has secured key under-explored ground with historical workings. These areas have excellent potential for new discoveries of high-grade gold vein systems as well as tin-tungsten 7 Lyndhurst – Mangana Golden Corridor Regional Geology • The majority of ~600 recorded gold occurrences in NE Tasmania occur in a narrow 80km belt between Lyndhurst and Mangana • The gold belt is hosted in Ordovician to Devonian turbidites of the Mathinna Supergroup • Tightly folded by at least 2 deformation events, with axial planes trending North to North-northeast (average) related to the Devonian Tabberabberan Orogeny (Reed 2001) • Metamorphosed to sub- to mid- greenschist facies (during regional compression - Tabberabberan) (Patison et al. 2001) • Intruded by Devonian to Carboniferous I- and Stype granitoids (Scottsdale and Blue Tier Batholiths) (Black et al. 2010) 8 Lyndhurst – Mangana Golden Corridor Historical Goldfields Goldfield Main Production Period Gold Ounces Lyndhurst ~1890’s 1,286 Warrentinna 1890 - 1920 3,601 Alberton 1883 - 1904 13,664 Dans Rivulet & Tower Hill 1888 - 1906 4,533 Mathinna 1880 - 1932 289,357 Mangana 1852 - 1910 6,687 Historic reports usually quote average grades of around 1 oz/t Au and up to 127g/t Au at the Golden Entrance Mine (Mangana). Most prospects were worked to shallow depths (down to 60m), with the exception of New Golden Gate (Mathinna ~500m deep) and Ringarooma Unite Mine (alberton 119m deep). 9 Golden Ridge Project Positive Indications of a large Intrusive Related Gold System (IRGS) • Historical shafts and adits at multiple prospects • Significant gold anomalism near granodiorite-sediment contact (IRGS) - 8km mineralised zone Flynn Gold Drilling Activities since 2021 • Diamond drilling at Brilliant (14 holes) – gold mineralised system is open along strike • Diamond drilling at Trafalgar (14 holes) - exceptional drilling results recorded with high-grade (<100g/t Au) gold mineralisation demonstrating the potential for a significant resource • RC drilling at Kensington, Blinding and Link Zone (12 holes) - significant gold mineralisation intersected, confirming potential for an extensive gold mineralisation system 10 Golden Ridge Project Overview GRDD006 84.0m @ 0.49g/t Au & 57m @ 2.55g/t Au LZRC001 1.0m @ 3.22g/t Au & 2m @ 2.83 g/t Au Soils Contours Au ppb Open (No Drilling) LZRC004 33.0m @ 0.5g/t Au Rock chips up to 67.1g/t Au Link Zone Queen of The Earth Open (No Drilling) Open (No Drilling) 500m TFDD012 62m @ 0.63g/t Au Trafalgar +4 km Mineralised contact zone TFDD005 12.3m @ 16.8g/t Au TFDD013 4.0m @ 23.7g/t Au Brilliant Blinding N Open (No Drilling) TFDD008 48.6m @ 0.67g/t Au BLRC004 52.0m @ 0.19g/t Au Rock Chip Samples Gravity Contour Image Double Event Au >0.1g/t shells (drilled) Open (No Drilling) Rock chips up to 22.3g/t Au Drilling to date has tested just a small part of the Granodiorite contact zone with wide-spaced RC drilling outside of the Brilliant and Trafalgar prospects recording significant gold intersections 11 Golden Ridge Project Trafalgar Prospect • Gold mineralisation over 400m strike length identified to date - open along strike and down dip • Multiple quartz-sulphide vein intervals grading >100g/t Au • Vein Model identifies at least 4 main vein zones – T1, T2, T3 and T4 zones • 1st round metallurgical tests yield 94.5% Au recovery 4.3m @ 4.34g/t Au Incl 0.4m @ 17.3g/t Au and 0.75m @ 10.15g/t Au 1.2m @ 65.9g/t Au Incl 0.5m @ 143.0g/t Au TFD001 6FG1: ASX Ann. 11 May 2023 7FG1 ASX Ann. 18 Jul 2023 8FG1 ASX Ann. 14 Sep 2023 9FG1 ASX Ann. 10 Oct 2023 10FG1 ASX Ann. 22 Nov 2023 12.3m @ 16.8g/t Au Incl 0.7m @ 152.5g/t Au 14.7m @ 5.5g/t Au Incl 0.6m @ 109.0 g/t Au TFDD003 TFDD004 Open >1.0 TFDD010 TFDD011 TFDD013 Grade Shell TFDD012 Open TFDD005/B TFDD009 >0.5g/t Au >0.3g/t Au TFDD002B 2.1m @ 8.28g/t Au 0.7m @ 14.98g/t Au TFDD014 2.7m @ 3.06g/t Au 5.0m @ 12.56g/t Au Incl 0.4m @ 150.0g/t Au GRANODIORITE 1.1m @ 51.3g/t Au Incl 0.4m @ 137.8g/t Au 2.0m @ 4.88g/t Au MATHINNA SEDIMENTS TFDD006 TFDD007 TFDD008 TFDD005B TFDD011 Open TFDD002/B 5.4m @ 10.63g/t Au Incl 1.9m@ 19.88g/t Au References: 1FG1: ASX Ann. 21 Sep 2022 2FG1: ASX Ann. 24 Oct 2022 3FG1: ASX Ann. 12 Dec 2022 4FG1: ASX Ann. 19 Jan 2023 5FG1: ASX Ann. 14 Feb 2023 N 4.0m @ 23.7g/t Au Incl 0.5m @ 169.8g/t Au TFDD002 Open 40.0m @ 1.02g/t Au Incl 0.45m @ 11.35g/t Au and 0.80m @ 13.95g/t Au and 0.55m @ 20.22g/t Au 1.0m @ 5.09g/t Au TFDD003 TFDD004 Trafalgar Prospect – Preliminary Vein Zone Model TFDD015 48.4m @ 0.34g/t Au Incl 0.4m @ 8.46g/t Au TFDD012 Open 2.3m @ 19.0g/t Au Incl 0.9m @ 47.8g/t Au 3.5m @ 8.33g/t Au Incl 2.0m @ 13.75g/t Au 49.55m @ 0.67g/t Au Incl 11.45m @ 1.30g/t Au 15.5m @ 0.73g/t Au 62.0m @ 0.63g/t Au Incl 3.4m @ 4.53g/t Au and 0.75m @ 10.44g/t Au 100m 12 Golden Ridge Project Trafalgar Prospect Hornfelsed Mathinna Sediment host - Quartz vein with pyrite-arsenopyrite-pyrrhotite-galena-sphalerite and hornfelsed bx clasts in TFDD005 at 120.3m (0.7m @ 152.5g/t Au) Granodiorite host - Quartz vein with pyrite-arsenopyrite-sphalerite-galena and vis Au in TFDD0015 at 354m (0.4m @ 150.0g/t Au) 13 Deposit Styles: IRGS vs Orogenic Gold IRGS – Golden Ridge Orogenic Gold – Lyndhurst-Mangana Intrusion Related Gold Systems form from fluids derived from an evolving magma and are genetically associated with igneous processes. Generally agreed that Orogenic Gold is produced from orogenic processes, like mountain building, and are derived from fluids that have a metamorphic source. (Hart 2007; Hart & Goldfarb 2015) (Goldfarb & Groves 2015) 14 Warrentinna Gold Project Significant gold targets within Lyndhurst – Mangana Golden Corridor • Gold mineralisation & old workings over 6km strike • Golden Mara mine produced 3,368oz @ 1oz/t (31g/t Au) • Significant shallow gold intersected at Derby North:  26.0m @ 2.3g/t Au from 5m,  21.7m @ 3.3g/t Au from 9.3m,  11.7m @ 2.8g/t Au from 115m, and  43.0m @ 1.5g/t Au from 10m • Drilling completed by Flynn at Derby North in Oct 2023 • The drilling program confirmed highly prospective orogenic-style gold mineralisation which coincides with historical mine workings • Early potential for JORC compliant Mineral Resource at Derby North with further shallow drilling 15 Warrentinna Gold Project Derby North Drilling • First FG1 Drilling program - 2 drillholes for 357m1 • Best intercepts reported in hole DNDD001:  DNDD001:  7.2m @ 2.5g/t Au from 68.9m, including o 2.1m @ 7.0g/t Au from 75.1m, and  4.8m @ 1.2g/t Au from 92.0m, including o 0.3m @ 5.6g/t Au from 94.6m • Multiple zones of auriferous quartz veining hosted in turbiditic sediments similar to the Victorian Goldfields Photographed core from DNDD001 showing high grade gold intervals in lode style quartz veins from mineralised zone 7.2m @ 2.5g/t Au from 68.9m Reference: 1Refer to ASX:FG1 announcement dated 12 January 2024 16 Lyndhurst – Mangana Golden Corridor Summary • Linear belt defines crustal scale structural control of orogenic gold mineralisation • Evidence indicates mineralising fluids are metamorphic in origin (orogenic gold) • A laterally continuous structure mineralised by metamorphically derived fluid must have deep roots. • Gold mineralisation must be continuous at depths beyond 60m, as proven by the Golden Gate Mine at Mathinna (500m deep structure, ~250,000oz. Au). • With 100’s of recorded gold occurrences start exploration in areas of rich data density to understand structural controls of mineralisation, and use this to help predict reef geometry elsewhere • Success at one prospect will ignite interest in many others… 17 Under-explored NE Tasmania NE Tasmania - Maturity 18 Neil Marston Managing Director & Chief Executive Officer neil@flynngold.com.au Michael Fenwick Exploration Geologist michael@flynngold.com.au www.flynngold.com.au www.flynngold.com.au +61 3 9692 7222 For more information, please contact us ASX: FG1