High-Grade Gold Vein System Bulk Sample - Grenadier Prospect
ASX Announcement
26 May 2025
High-Grade Gold Vein System Bulk
Sample at Grenadier Prospect – Golden
Ridge Project, NE Tasmania
Highlights
ASX: FG1
ABN 82 644 122 216
CAPITAL STRUCTURE
Share Price: A$0.023
Cash (31/03/25): A$1.02M
Debt: Nil
Ordinary Shares:391.3M
Market Cap: A$9.0M
Options
Listed (FG1O): 50.6M
Unlisted Options:65.9M
Performance Rights: 2.4M
BOARD OF DIRECTORS
Clive Duncan
Non-Executive Chair
Neil Marston
Managing Director and CEO
Sam Garrett
Technical Director
John Forwood
Non-Executive Director
COMPANY SECRETARY
Mathew Watkins
CONTACT
Level 4, 96-100 Albert Road,
South Melbourne,
Victoria, 3205
+61 (0) 3 9692 7222
info@flynngold.com.au
www.flynngold.com.au
• Significant new quartz vein system extending over a strike
length of at least 300m confirmed at the Grenadier Prospect
• 10-tonne bulk sample collected from Grenadier trench 9 for
metallurgical testwork
• Best assays from recent trench channel sampling include:
Trench 11: 0.6m @ 13.8g/t Au
Trench 9: 3.4m @ 1.6g/t Au, including 0.7m @ 6.3g/t Au
Trench 13: 6.0m @ 0.7g/t Au, including 0.2m @ 12.3g/t Au
Trench 12: 1.85m @ 2.6g/t Au, including 1.25m @ 3.8g/t Au
Trench 8: 2.0m @ 1.5g/t Au
• Trench 9 vein exposed over 11m of strike and sampled at 2-3m
intervals with gold grades ranging between 6.6-11.8g/t Au
• MRT Permits in place for drilling at Grenadier
• Phase 4 drilling at the Trafalgar Prospect is continuing, targeting
multiple high-grade gold veins beneath historical mine
workings – assays pending
• To watch a short video on the Grenadier Bulk Sampling program,
for further information or to post questions, go to the Flynn Gold
Investor Hub at https://flynngold.com.au/link/KyzBby
Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is
pleased to advise that exploration and drilling activities are continuing
to gain momentum at its 100%-owned Golden Ridge Project (Figure
1), located in Northeast Tasmania.
Managing Director and CEO, Neil Marston commented,
“These latest trenching results from the Grenadier Prospect have
significantly upgraded the prospectivity of this area. With the support
of Mineral Resources Tasmania we have moved quickly to collect a
10-tonne bulk sample to facilitate initial metallurgical testwork.
JOIN FLYNN GOLD’S INTERACTIVE INVESTOR HUB to interact with Flynn’s
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“This latest discovery of a major mineralised vein system extending over a total strike
length of over 300m is the widest and longest mineralised vein system uncovered to
date. It is an exciting new development for Flynn Gold. Not only have we excavated
across the vein strike in several trenches, but we have also opened up a trench along
the vein – with sampling of the vein length yielding consistent assays of up to 11.8
grams/tonne gold.
“We look forward to now moving ahead with an initial drilling campaign at Grenadier
to enhance our understanding of the local geology as well as extending our exploration
activities into adjacent areas.
“The Grenadier Prospect is not included in our Exploration Target 1 for the Golden
Ridge Project and offers substantial upside.”
Figure 1 – Location of Flynn Gold tenements in NE Tasmania.
1
See FG1 ASX Announcement dated 14th November 2024 for full details
Page 2 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
info@flynngold.com.au | www.flynngold.com.au
Grenadier – Trenching Update
The Grenadier Prospect was first identified through soil sampling 2, followed by rockchip sampling campaigns and subsequent trenching programs3.
The initial trenching campaign excavated seven trenches and successfully exposed
northeast striking quartz veins, with assay results including:
Trench 3:
1.3m @ 6.6g/t Au including 0.4m @ 17.7g/t Au
Trench 4:
2.3m @ 4.2g/t Au including 0.4m @ 11.0g/t Au
The most recent trenching campaign at Grenadier comprised six additional trenches,
resulting in the exposure of a significant quartz-sulphide vein (G2 Vein) and extending
the known strike length of the Grenadier vein system by a further 190m to the
northeast. Mineralisation at Grenadier has now been defined over at total strike
length of at least 300m trending to the northeast (Figure 2).
Gold mineralisation at Grenadier is hosted in steeply dipping, northeast-striking quartz
veins containing arsenopyrite and pyrite – characteristic of intrusive related gold
systems and mineralised veining observed across the broader Golden Ridge Project
area.
Assay results from the latest campaign have returned significant gold mineralisation
including:
Trench 11:
0.6m @ 13.8g/t Au
Trench 9:
3.4m @ 1.6g/t Au, including 0.7m @ 6.3g/t Au
Trench 13:
6.0m @ 0.7g/t Au, including 0.2m @ 12.3g/t Au
Trench 12:
1.85m @ 2.6g/t Au, including 1.25m @ 3.8g/t Au
Trench 8:
2.0m @ 1.5g/t Au
Full details of trench samples are set out in Table 1 and Table 2.
All trenches successfully intersected the G2 vein, except for Trench 10 which was
excavated in an east-west orientation that is generally parallel to the strike of the
Grenadier mineralised trend.
In addition to the G2 vein, Trench 8 also intersected the interpreted northeast
continuation of the G1 vein, located approximately 80m along strike from Trench 7.
2
3
See FG1 ASX Announcement dated 16th October 2024 for full details
See FG1 ASX Announcement dated 13th January 2025 and 64th May 2025 for full details
Page 3 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
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Figure 2 – Grenadier Prospect – Trench Area Plan
Mineralisation and True Thickness
A short cuddy was developed off Trench 9 to expose the G2 vein for 11m along its
strike to investigate mineralogy, gold grade variability and vein thickness. Five in-situ
vein samples (plus two field duplicates) were collected at 2m - 3m intervals along the
exposed vein (Table 3). Cuddy mapping and sample point measurements indicate the
vein ranges in thickness from 350mm to 600mm, with gold assays returning between
6.6g/t Au and 11.8g/t Au (Figure 3). Highlights include:
Trench 9 Cuddy (3.5-3.65m along vein): 0.6m @ 10.9g/t Au
Trench 9 Cuddy (5.5-5.65m along vein): 0.6m @ 10.5g/t Au
Trench 9 Cuddy (8.6-8.8m along vein): 0.35m @ 11.8g/t Au
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G2 vein widths exceeding 350mm observed in the Trench 9 Cuddy are interpreted to
be continuous over at least 80m of strike, as evidenced by exposures in Trenches 9,
11, 12 and 13. Vein thicknesses of up to 700mm have been observed in Trenches 9
and 12.
Additionally, a set of narrower quartz veins intersected in Trench 8 (2.0m @ 1.5g/t Au)
aligns with the interpreted G2 trend, extending its known strike length to at least 140m.
The trend remains open to the northeast, where in-situ rock chips (100mm @ 2.1g/t
Au, Table 3) have been collected from outcrop located approximately 15m beyond
Trench 11, the northeastern-most trench completed to date.
To the southwest of Trench 7, the G2 vein is interpreted to merge with the G1 vein and
continue for a further 160m toward the granodiorite-hornfels contact.
Figure 3 – Grenadier Prospect: Cuddy Trench Plan
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Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
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Grenadier – Bulk Sample
The extraction of a 10-tonne bulk sample from the vein exposed in Trench 9 was
recently approved by Mineral Resources Tasmania (MRT). The sample has been
collected using a small footprint excavator and delivered to the Company’s depot at
Scottsdale.
Some of the bulk sample material has been cut for visual assessment with significant
pyrite and arsenopyrite mineralisation observed (Figure 4). The sample will be used to
assess gold grade variability and for preliminary metallurgical testwork.
Figure 4 - Quartz Veins with sulphide mineralisation from the Trench 9 Bulk Sample
Grenadier – Next Steps
Drilling approvals
Drilling approvals have been received from Mineral Resources Tasmania (MRT). Drill
pad preparation will commence shortly, with initial drilling designed to test the downdip continuity of high-grade quartz-sulphide veins exposed in recent trenching and
investigate the structural controls of gold mineralisation at Grenadier.
Further Opportunity at Grenadier
The Grenadier Prospect is defined by a broad Ultra Fine Fraction (UFF+) gold-in-soil
anomaly covering an area of approximately 1km x 1km along the southwestern margin
of the Golden Ridge Granodiorite 4.
4
See FG1 ASX Announcement dated 6th May 2025 for full details
Page 6 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
info@flynngold.com.au | www.flynngold.com.au
Figure 5 below shows the location of the Company’s current trenching activities
relative to the size of the gold-in-soil anomaly. This anomaly remains open to the
southeast and is comparable in scale to Flynn Gold’s Trafalgar Prospect – the
Company’s most advanced target, located on the opposite (eastern side) of the
intrusion.
To date, trenching has only tested a small portion of the anomaly in its northwestern
extent. The remainder of the geochemical footprint remains untested. Initial fieldwork
is planned to assess the under-explored areas, with the aim of identifying new
trenching targets and potential parallel mineralised structures across the broader
anomaly zone.
Figure 5 – Grenadier Prospect - Soil Geochemistry Map
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Grenadier Prospect – Background
The Grenadier Prospect represents a genuine greenfield gold discovery made by the
Company at Golden Ridge, with no recorded gold occurrences or mining activity
undertaken at the prospect during the region’s main historical mining period (late
1800’s to early 1900’s).
Exploration undertaken by Flynn at Golden Ridge has identified extensive intrusiverelated type gold mineralisation (IRGS) extending over a 9km-long zone along the
southern contact margin of the Golden Ridge Granodiorite and enclosing
metasediments.
The Grenadier Prospect is located on the western margin of the Golden Ridge
Granodiorite intrusion, on the opposite side to Flynn’s most advanced prospect, the
Trafalgar Prospect (Figure 6).
Figure 6 – Golden Ridge Project – Geology and Prospect Locations
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Trafalgar Prospect – Diamond Drilling Update
The 2,000m Phase 4 diamond drilling program at the Trafalgar Prospect at Golden
Ridge Project is ongoing. The main focus of this drilling is in-fill and extensional drilling
aimed at increasing geological confidence and supporting potential Mineral Resource
estimations.
Assay results from completed drill holes are pending, with a market update to follow
as soon as possible.
Double Event Prospect – Trenching Update
A work program for the excavation of a series of shallow trenches orientated across
the interpreted strike and extending along the projected trend of mineralisation both
east and west of the historic Double Event prospect shaft 5 has been approved by MRT.
Trenching activities have commenced and are expected to be completed in the coming
weeks.
The MRT approval also includes the construction of drill pads to facilitate diamond
drilling beneath the historical workings. There is no record of any previous drilling at
the Double Event Prospect.
Approved by the Board of Flynn Gold Limited.
For more information contact:
Neil Marston
Managing Director & CEO
+61 3 9692 7222
info@flynngold.com.au
55
Nicholas Read
Media & Investor Relations
+61 (0) 419 929 046
nicholas@readcorporate.com.au
See FG1 ASX Announcement dated 6th May 2025 for full details
Page 9 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
info@flynngold.com.au | www.flynngold.com.au
About Flynn Gold Limited
Flynn Gold is an Australian mineral exploration company with a portfolio of projects in Tasmania and
Western Australia (see Figure 7). The Company has ten 100% owned tenements located in northeast
Tasmania which are highly prospective for gold as well as tin/tungsten.
The Company also has the Henty zinc-lead-silver project on Tasmania’s mineral-rich west coast and
the Firetower gold and battery metals project located in northern Tasmania. Flynn has also established
a portfolio of exploration assets in the Pilbara and Yilgarn regions of Western Australia.
For further information regarding Flynn Gold please visit the ASX platform (ASX: FG1) or the Company’s
website www.flynngold.com.au.
Figure 7 - Location Plan of Flynn Gold Projects
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Competent Person Statement
The information in this ASX Announcement that relates to Exploration Results is based on information
compiled by Mr Michael Fenwick, a Competent Person who is a Member of the Australian Institute of
Geoscientists. Mr Fenwick is a full-time employee of Flynn Gold. Mr Fenwick has sufficient experience
that is relevant to the style of mineralisation and type of deposit under consideration and to the activity
being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Fenwick consents
to the inclusion in the report of the matters based on his information in the form and context in which it
appears.
This announcement includes information that relates to Exploration Results prepared and first disclosed
under the JORC Code (2012) and extracted from the Company’s previous ASX announcements as
noted, and the Company’s Prospectus dated 30 March 2021. Copies of these announcements are
available from the ASX Announcements page of the Company’s website: www.flynnngold.com.au.
The Company confirms that it is not aware of any new information or data that materially affects the
information included within the Prospectus dated 30 March 2021.
Forward Looking and Cautionary Statements
Some statements in this announcement regarding estimates or future events are forward-looking
statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial
performance. Forward-looking statements include, but are not limited to, statements preceded by words
such as “planned”, “expected”, “projected”, “estimated”, “may”, “scheduled”, “intends”, “anticipates”,
“believes”, “potential”, "predict", "foresee", "proposed", "aim", "target", "opportunity", “could”, “nominal”,
“conceptual” and similar expressions. Forward-looking statements, opinions and estimates included in
this report are based on assumptions and contingencies which are subject to change without notice, as
are statements about market and industry trends, which are based on interpretations of current market
conditions. Forward-looking statements are provided as a general guide only and should not be relied
on as a guarantee of future performance. Forward-looking statements may be affected by a range of
variables that could cause actual results to differ from estimated or anticipated results and may cause
the Company’s actual performance and financial results in future periods to materially differ from any
projections of future performance or results expressed or implied by such forward-looking statements.
So, there can be no assurance that actual outcomes will not materially differ from these forward-looking
statements.
References
ASX Announcement 15 June 2021 - Prospectus
ASX Announcement 16 October 2024 - New Gold Vein System Discovery at Grenadier Prospect
ASX Announcement 14 November 2024 - Exploration Target for Golden Ridge, NE Tasmania
ASX Announcement 13 January 2025 – Flynn Expands Key Gold Targets at Golden Ridge
ASX Announcement 6 May 2025 – New Priority Targets Emerging at Golden Ridge Project, NE
Tasmania
Page 11 of 23 | ABN 82 644 122 216 | ASX: FG1
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TABLE 1: Trench Channel Samples - Significant Intercepts
Trench ID
Trench_08
Trench_08
Trench_08
Trench_09
Inc.
Trench_10
Trench_10
Trench_11
Trench_11
Trench_12
Inc.
Trench_13
Inc.
Inc.
From
(m)
2.25
27.9
65.0
42.6
43.5
22.0
30.0
4.4
11
3.15
3.15
12.0
12.0
14.2
To
(m)
2.5
28.8
67.0
46
44.2
23.0
32.0
5.0
13.0
5.0
4.4
18.0
12.2
15.0
Interval
(m)
0.25
0.9
2.0
3.4
0.7
1.0
2.0
0.6
2
1.85
1.25
6.0
0.2
0.8
Au
(g/t)
Comments
0.7
0.7
1.5
1.6
6.3
0.5
0.7
13.8
0.3
2.6
3.8
0.7
12.3
1.05
Felsic Dyke with Qtz Vein + Aspy along contact
2x 10-50mm Qtz Veins + Aspy
5 x 10-30mm Sheeted Qtz Veins + Aspy
Interval with large Qtz Vein + Aspy and adjacent minor Qtz Veins
700mm Qtz Vein + Aspy
Thin Qtz Veining
Thin Qtz Veining
600mm Qtz Vein + Aspy
Thin Qtz Veining
Interval with large Qtz Vein + Aspy & adjacent minor Qtz Veins
~700mm Qtz Vein + Aspy
Interval w/- Felsic Dyke + Qtz Vein + Aspy and adjacent minor Qtz Vn
100mm Felsic Dyke with 100mm Qtz Vein + Aspy
Interval of minor (10-20mm) Qtz + Aspy veining
* Composited intervals: Significant intervals >0.3 g/t Au, max internal dilution = 3m (<0.3 g/t Au).
TABLE 2: Trench Channel Samples - All Assays
Channel
ID
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Sample
No
80716
80717
80718
80719
80720
80721
80722
80723
80724
80725
80726
80727
80728
80729
80730
80731
80732
80733
80734
80735
80736
80737
80738
80739
80740
80741
80742D
80743
80744
80745D
80746
80747
80748
80749
80750
80751
80752
80753
80754
80755
From
(m)
1
2
2.25
2.5
3
4
5
6
7
8
9
10
11
12
13
13.5
14.55
15
15.6
16
17
18
19
26
27
27.9
27.9
28
28.65
28.65
28.8
29.4
30
46
47
47.4
47.75
48
48.5
60
To
(m)
2
2.25
2.5
3
4
5
6
7
8
9
10
11
12
13
13.5
14.55
15
15.6
16
17
18
19
20
27
27.9
28
28
28.65
28.8
28.8
29.4
30
31
47
47.4
47.75
48
48.5
49
61
Interval
(m)
1
0.25
0.25
0.5
1
1
1
1
1
1
1
1
1
1
0.5
1.05
0.45
0.6
0.4
1
1
1
1
1
0.9
0.1
0.1
0.65
0.15
0.15
0.6
0.6
1
1
0.4
0.35
0.25
0.5
0.5
1
Au
(g/t)
0.0
0.0
0.73
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.26
1.09
0.28
2.21
1.57
0.1
0.1
0.0
0.1
0.1
0.1
0.0
0.1
0.0
0.0
Ag
(g/t)
0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.5
0.4
0.1
0.3
0.3
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
As
ppm
5.5
8.3
165.5
11.3
12.4
16.6
8.7
8.8
6.9
8.0
7.3
5.7
6.5
5.3
3.9
10.2
4.9
3.4
6.6
3.3
5.3
3.7
5.4
6.6
13.6
9.4
11.3
28.0
22.1
21.5
24.7
20.9
13.3
18.0
21.9
25.7
25.7
25.0
38.8
21.5
Page 12 of 23 | ABN 82 644 122 216 | ASX: FG1
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Pb
ppm
25.5
22.9
23.4
24.7
24.1
27.6
20.6
23.0
21.7
22.6
25.8
26.8
26.1
34.9
28.0
25.0
25.2
23.8
27.4
25.4
24.4
25.9
23.8
27.6
29.9
5.5
5.0
27.6
10.2
14.6
36.1
24.1
25.5
22.7
20.8
23.3
20.3
17.3
27.3
84.3
Easting
GDA94
582404.2
582404.7
582404.9
582405.3
582405.9
582406.7
582407.5
582408.3
582409.1
582410.0
582410.8
582411.6
582412.4
582413.2
582413.9
582414.5
582415.1
582415.5
582415.9
582416.5
582417.3
582418.2
582419.0
582424.1
582424.5
582424.7
582424.7
582424.9
582425.0
582425.0
582425.2
582425.4
582425.7
582431.5
582431.7
582431.9
582432.0
582432.1
582432.2
582435.6
Northing
GDA94
5418723.1
5418722.8
5418722.6
5418722.4
5418722.0
5418721.4
5418720.8
5418720.3
5418719.7
5418719.1
5418718.6
5418718.0
5418717.4
5418716.8
5418716.4
5418716.0
5418715.5
5418715.2
5418714.9
5418714.5
5418714.0
5418713.4
5418712.8
5418708.3
5418707.4
5418707.0
5418707.0
5418706.6
5418706.3
5418706.3
5418705.9
5418705.4
5418704.6
5418689.7
5418689.1
5418688.7
5418688.4
5418688.1
5418687.6
5418676.4
Channel
ID
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_08
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09
Trench_09A
Trench_09A
Trench_09A
Trench_09A
Trench_09A
Sample
No
80756
80757
80758
80759
80760
80761
80762
80763
80764
80765
80766D
80767
80773
80774
80775
80776
80777
80778
80779
80780
80781
80782
80783
80784D
80785
80786
80645
80646
80647D
80648
80649
80650
80651
80652
80653
80654
80655
80656
80657
80658
80659
80660
80661
80662D
80663
80664D
80665
80666
80667
80668
80669
80670
80671
80672
80673
80674
80675
80676
80677
80678
80636
80637
80638D
80639
80640
From
(m)
61
61.4
61.6
62
63
64
64.55
64.7
65
66
66D
67
71
72
72.4
73.3
73.65
73.8
74.5
75
96
97
98
98
98.15
99
14
14.7
14.7
15.2
16
17
18
18.5
37
37.4
38
39
40
41
42
42.6
43
43
43.5
43.5
44.2
45
62
63
63.5
64
65
66
67
68
69
70
71
72
4
5
5
5.35
5.7
To
(m)
61.4
61.6
62
63
64
64.55
64.7
65
66
67
67
68
72
72.4
73.3
73.65
73.8
74.5
75
76
97
98
98.15
98.15
99
100
14.7
15.2
15.2
16
17
18
18.5
19
37.4
38
39
40
41
42
42.6
43
43.5
43.5
44.2
44.2
45
46
63
63.5
64
65
66
67
68
69
70
71
72
73
5
5.35
5.35
5.7
6.35
Interval
(m)
0.4
0.2
0.4
1
1
0.55
0.15
0.3
1
1
1
1
1
0.4
0.9
0.35
0.15
0.7
0.5
1
1
1
0.15
0.15
0.85
1
0.7
0.5
0.5
0.8
1
1
0.5
0.5
0.4
0.6
1
1
1
1
0.6
0.4
0.5
0.5
0.7
0.7
0.8
1
1
0.5
0.5
1
1
1
1
1
1
1
1
1
1
0.35
0.35
0.35
0.65
Au
(g/t)
0.0
0.0
0.0
0.25
0.06
0.16
0.04
0.13
0.41
2.53
0.68
0.22
0.12
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.1
0.2
0.3
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.49
0.25
0.25
6.33
0.13
0.13
0.50
0.06
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Ag
(g/t)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.2
0.1
0.0
0.1
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.8
0.0
0.0
0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
As
ppm
37.0
9.5
27.5
26.6
34.7
31.0
12.3
25.1
22.3
33.8
31.1
22.7
18.5
27.7
21.7
33.2
30.3
23.0
24.2
28.7
9.9
19.4
7.3
6.1
17.2
16.6
11.9
30.4
42.1
25.7
47.9
41.6
31.3
19.7
31.3
26.1
27.5
16.6
6.7
7.9
11.8
56.0
65.0
69.3
4470
97.5
97.5
41.5
16.8
29.6
17.4
7.7
4.7
5.8
6.1
6.5
14.2
16.4
15.9
12.0
16.0
47.1
42.0
17.7
13.5
Page 13 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
info@flynngold.com.au | www.flynngold.com.au
Pb
ppm
36.8
33.5
28.8
50.5
89.5
41.8
16.8
74.1
82.9
30.0
29.7
33.4
36.7
54.9
60.9
49.4
54.2
40.0
38.9
39.0
30.3
52.2
28.2
25.0
94.0
93.6
24.1
33.3
47.1
11.9
20.7
23.0
25.3
21.5
25.7
18.9
20.0
21.6
20.2
19.6
20.3
17.2
25.1
25.3
19.0
19.9
19.9
27.3
33.9
56.6
64.9
45.0
37.7
36.3
61.1
33.2
35.9
34.4
21.1
22.8
28.1
22.5
21.4
30.7
26.9
Easting
GDA94
582435.8
582435.9
582436.0
582436.2
582436.4
582436.6
582436.6
582436.7
582436.8
582437.0
582437.0
582437.2
582437.6
582437.7
582437.8
582437.9
582437.9
582438.0
582438.1
582438.2
582446.1
582446.5
582446.7
582446.7
582446.9
582447.3
582460.9
582461.4
582461.4
582461.9
582462.7
582463.5
582464.1
582464.5
582479.6
582480.0
582480.7
582481.5
582482.2
582483.0
582483.6
582484.0
582484.3
582484.3
582484.7
582484.7
582485.3
582485.9
582491.1
582491.2
582491.2
582491.3
582491.4
582491.4
582491.5
582491.6
582491.7
582491.8
582491.9
582492.0
582442.0
582442.1
582442.1
582442.2
582442.4
Northing
GDA94
5418675.7
5418675.4
5418675.1
5418674.4
5418673.4
5418672.7
5418672.4
5418672.1
5418671.5
5418670.5
5418670.5
5418669.5
5418665.6
5418664.9
5418664.2
5418663.6
5418663.3
5418662.9
5418662.3
5418661.6
5418642.2
5418641.3
5418640.8
5418640.8
5418640.3
5418639.5
5418731.2
5418730.9
5418730.9
5418730.5
5418730.0
5418729.5
5418729.1
5418728.8
5418718.2
5418717.9
5418717.4
5418716.8
5418716.2
5418715.5
5418715.0
5418714.7
5418714.4
5418714.4
5418713.9
5418713.9
5418713.4
5418712.8
5418697.2
5418696.4
5418695.9
5418695.2
5418694.2
5418693.2
5418692.2
5418691.2
5418690.2
5418689.2
5418688.2
5418687.2
5418757.6
5418756.9
5418756.9
5418756.6
5418756.1
Channel
ID
Trench_09A
Trench_09A
Trench_09A
Trench_09A
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_10
Trench_11
Trench_11
Trench_11
(Average)
Trench_11
(Upper)
Trench_11
(Middle)
Trench_11
(Lower)
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Sample
No
80641
80642
80643
80644
80601
80602
80603
80604
80605
80606
80607
80608
80609
80610
80611
80612D
80613
80614
80615
80616
80617
80618D
80619
80620
80621
80622
80623
80624
80625
80626
80627
80628
80629
80630
80631D
80632
80633
80634
80793
80794
80703 80705
80703*
From
(m)
To
(m)
6.35
7
8
8.4
0
2
4
6
8
10
12
14
16
18
19
19
19.4
20
22
23
23.8
23.8
24.4
25
26
28
30
32
34
36
38
40
42
44
44
44.2
45
47
3
4
4.4
7
8
8.4
9
2
4
6
8
10
12
14
16
18
19
19.4
19.4
20
22
23
23.8
24.4
24.4
25
26
28
30
32
34
36
38
40
42
44
44.2
44.2
45
47
49
4
4.4
5
4.4
80704*
Interval
(m)
Au
(g/t)
Ag
(g/t)
0.0
0.0
0.0
0.0
As
ppm
0.65
1
0.4
0.6
2
2
2
2
2
2
2
2
2
1
0.4
0.4
0.6
2
1
0.8
0.6
0.6
0.6
1
2
2
2
2
2
2
2
2
2
0.2
0.2
0.8
2
2
1
0.4
0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.1
0.1
0.1
0.16
0.25
0.50
0.0
0.1
0.1
0.1
0.2
0.0
0.14
0.69
0.10
0.18
0.1
0.0
0.0
0.0
0.1
0.1
0.1
0.0
0.0
0.0
0.1
13.78
5
0.6
6.39
2.1
177.5
4.4
5
0.6
14.75
2.6
80705*
4.4
5
0.6
20.20
4.0
80795
80796
80797
80798
80799
80800
80801
80802
80803
80804D
80805
80806
80807
80808
80809
80810
80811
5
6
10
11
11.25
11.5
12
13
13.75
13.75
13.9
14.5
15
15.5
16
19
19.4
6
7
11
11.25
11.5
12
13
13.75
13.9
13.9
14.5
15
15.5
16
17
19.4
19.7
1
1
1
0.25
0.25
0.5
1
0.75
0.15
0.15
0.6
0.5
0.5
0.5
1
0.4
0.3
0.1
0.1
0.2
0.68
0.18
0.08
0.32
0.1
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.8
0.7
0.0
0.1
0.1
0.0
0.0
0.1
0.2
0.2
0.1
0.1
0.7
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
6.6
8.6
14.8
4.4
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
17.6
7.9
9.7
24.1
21.6
24.1
30.3
22.9
20.5
25.5
16.6
12.4
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
Au Only
1570
1020
19.4
30.6
Au Only
Au Only
16.8
37.3
Pb
ppm
Northing
GDA94
582442.5
582442.7
582442.9
582443.1
582537.0
582535.1
582533.1
582531.2
582529.2
582527.3
582525.4
582523.5
582521.6
582520.2
582519.6
582519.6
582519.1
582517.9
582516.5
582515.7
582515.0
582515.0
582514.5
582513.8
582512.4
582510.5
582508.6
582506.7
582504.7
582502.7
582500.7
582498.8
582496.8
582495.7
582495.7
582495.2
582493.8
582491.8
582508.5
582509.0
582509.3
5418755.5
5418754.7
5418754.0
5418753.5
5418695.8
5418695.4
5418695.0
5418694.5
5418694.0
5418693.4
5418692.8
5418692.2
5418691.5
5418691.0
5418690.7
5418690.7
5418690.6
5418690.1
5418689.5
5418689.1
5418688.9
5418688.9
5418688.6
5418688.3
5418687.7
5418686.9
5418686.3
5418685.9
5418685.5
5418685.3
5418685.1
5418685.0
5418684.9
5418684.9
5418684.9
5418684.9
5418684.9
5418684.9
5418739.5
5418739.0
5418738.7
30.4
582509.3
5418738.7
467
29.4
582509.3
5418738.7
>10000
64.8
582509.3
5418738.7
15.3
17.2
17.8
20.4
25.3
35.5
63.4
116.0
52.4
50.1
37.3
40.9
35.3
42.7
19.8
14.6
16.7
22.7
23.0
36.2
76.6
34.8
44.7
53.9
30.0
32.4
31.0
30.9
34.0
15.4
17.2
23.8
26.6
26.0
582509.9
582510.6
582513.4
582513.9
582514.0
582514.3
582514.8
582515.5
582515.8
582515.8
582516.0
582516.4
582516.8
582517.1
582517.7
582519.6
582519.8
5418738.1
5418737.4
5418734.6
5418734.1
5418734.0
5418733.7
5418733.2
5418732.5
5418732.2
5418732.2
5418732.0
5418731.6
5418731.2
5418730.9
5418730.3
5418728.4
5418728.2
Page 14 of 23 | ABN 82 644 122 216 | ASX: FG1
Level 4, 96-100 Albert Road, South Melbourne, Victoria, 3205
info@flynngold.com.au | www.flynngold.com.au
64.1
61.8
66.5
23.8
Easting
GDA94
77.5
45.5
55.5
34.2
32.4
32.9
29.1
47.5
52.3
45.5
57.3
28.2
277.0
185.5
45.5
77.5
22.4
24.5
Channel
ID
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_11
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_12
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Trench_13
Sample
No
80812
80813
80814
80815
80816
80817
80818
80819
80683
80684
80685
80686
80687
80688D
80689
80869
80870
80871
80872
80873
80874
80875
80876
80877
80692
80693
80694
80695
80696D
80697
80698
80699
80700
80701
From
(m)
19.7
20
20.75
21.2
22
22.35
36
37
0
1
2
2.5
3.15
3.15
4.4
8
9
9.5
0.85
7.7
7.8
8.75
9.1
9.2
12
12.2
13
14.2
14.2
14.3
15
16
16.4
17
To
(m)
20
20.75
21.2
22
22.35
23
37
37.3
1
2
2.5
3.15
4.4
4.4
5
9
9.5
10
0.95
7.8
8.75
9.1
9.2
9.7
12.2
13
14.2
14.3
14.3
15
16
16.4
17
18
Interval
(m)
0.3
0.75
0.45
0.8
0.35
0.65
1
0.
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