Announcement PDF JOIN FLYNN GOLD’S INTERACTIVE INVESTOR HUB to interact with Flynn’s announcements and updates by asking questions or making comments which our team will respond to where possible ASX Announcement 3 November 2025 ASX: FG1 ABN 82 644 122 216 CAPITAL STRUCTURE Share Price: A$0.023 Cash (30/09/25): A$0.38M (plus $5.0M raised in Oct 25) Debt: Nil Ordinary Shares: 608.6M Market Cap: A$14.0M Options Listed (FG1O): 50.6M Listed (FG1OA): 108.7M Unlisted Options: 65.5M 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 Suite 2, Level 11 385 Bourke Street Melbourne VIC 3000 info@flynngold.com.au www.flynngold.com.au Golden Ridge Project, NE Tasmania High-Grade Gold in Near Surface Drilling at Grenadier Prospect Highlights • Maiden drilling program at the Grenadier Prospect successfully intersected target structures and sulphide-bearing quartz veining beneath high-grade surface trenches • Shallow high-grade gold confirmed below surface, with results including:  GNDD006 –1.4m @ 5.2g/t Au from 26.0m, including:  0.42m @ 12.7g/t Au from 26.68m  GNDD007 –1.9m @ 1.2g/t Au from 60.6m • Mineralised structures shown to be continuous and open along strike and down-dip • Quartz-sulphide veining hosted along mafic dyke contacts, interpreted to be part of a larger intrusive system • Untested high-grade targets identified east and south-east of the current Grenadier drilling area, including previously reported:  Trench 11 vein: 0.6m @ 13.8g/t Au  G3 vein Outcrop: 1.0m @ 11.6g/t Au • Grenadier lies within the 9km long Golden Ridge mineralized corridor, which also hosts Flynn’s Trafalgar Prospect, where previously reported drilling has returned high-grade intersections >100g/t Au including:  TFDD005: 12.3m @ 16.8g/t Au, incl. 0.7m @ 152.5g/t Au  TFDD013: 4.0m @ 23.7g/t Au, incl. 0.5m @ 169.8g/t Au  TFD001: 5.0m @ 12.56g/t Au, incl. 0.4m @ 150.0g/t Au  TFDD003: 1.2m @ 65.9g/t Au, incl. 0.5m @ 143.0g/t Au  TFDD015: 1.1m @ 51.3g/t Au, incl. 0.4m @ 137.8g/t Au • Diamond drilling ongoing at the nearby Double Event prospect – assays pending • For further information or to post questions go to the Flynn Gold Investor Hub at https://flynngold.com.au/link/PwbwKr Page 2 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to report results from the recently completed drilling program at the Grenadier Prospect, located within the Company’s 100%-owned Golden Ridge Project in northeast Tasmania (see Figure 1). Managing Director and CEO, Neil Marston commented: “Flynn Gold’s exploration and drilling operations are continuing at our flagship Golden Ridge Project, where we recently completed drilling at the new Grenadier Prospect. All drill holes at Grenadier intersected sulphide-bearing quartz veins with grades of up to 12.7 grams per tonne gold recorded. “The Grenadier Prospect remains largely untested with ongoing exploration activities identifying more gold mineralisation in outcrop at surface. Over the coming months, we’ll continue with surface sampling and trenching to identify additional targets for future testing. In the meantime, drilling is ongoing at the Double Event Prospect with assays pending.” Figure 1 – Location of Flynn Gold tenements in NE Tasmania. Page 3 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Grenadier Prospect Previous Exploration Highlights The Grenadier Prospect is located on the western margin of the Golden Ridge Granodiorite intrusion (Figure 7). The Grenadier Prospect represents a 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). The Grenadier Prospect was first identified through soil sampling1 , followed by rock chip sampling campaigns and a series of trenching programs2 . Sixteen trenches have been excavated, successfully exposing three NE-trending quartz-sulphide veins (G1, G2 and G3) with gold mineralisation mapped over a strike length of 300m and width of 150m (Figure 2). Previously reported trenching interval highlights include: - 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 @ 11.0 g/t Au - Trench 8: 2.0m @ 1.5g/t Au - Trench 9: 3.4m @ 1.6g/t Au, including 0.7m @ 6.3g/t Au - Trench 11: 0.6m @ 13.8g/t Au - Trench 12: 1.85m @ 2.6g/t Au including 1.25m @ 3.8g/t Au - Trench 13: 6.0m @ 0.7g/t Au, including 0.2m @ 12.3g/t Au In addition to trench results, in-situ rock chip sampling of the G3 vein exposed in a natural escarpment returned 1m @ 11.6g/t Au3 . Preliminary metallurgical testwork on a bulk sample collected from the G2 vein in Trench 9 returned an average grade of 10.5g/t Au with 95% gold recovery from conventional cyanide leach testwork (LeachWELL method)4 . The sampled quartz-sulphide vein ranged in true thickness from 350mm to 600mm. Maiden Drilling Program The maiden diamond drilling program at the Grenadier Prospect comprised a total of seven diamond drill-holes (GNDD001-GNDD007) for a total of 874m of drilling (Figure 2). The program was designed to test the down-dip continuity and spatial distribution of high-grade gold mineralisation identified in surface trenching completed by the Company in 2024 and 2025. Drill-holes GNDD006 and GNDD007 tested beneath and along strike from the bulk-sampling area. 1 See FG1 ASX Announcement dated 16th October 2024 for full details. 2 See FG1 ASX Announcement dated 13th January 2025 and 26th May 2025 for full details. 3 See FG1 ASX Announcement dated 4th September 2025. 4 See FG1 ASX Announcement dated 10th June 2025 for full details. Page 4 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Drill-holes GNDD001 to GNDD005 targeted mineralisation between 30 and 125m below high- grade gold intervals exposed in surface trenches. Each hole successfully intersected the target structure and associated quartz-sulphide veining. Figure 2 – Grenadier Prospect plan view with diamond drilling, trench excavations and rock-chip samples. Page 5 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Drill-hole GNDD006 has confirmed that high-grade surface mineralisation in the G2 vein extends at least 30m below the bulk-sampling zone with the mineralised vein extending to an open depth of at least 125 metres in GNDD001 (Figure 3). Significant intercepts include: - GNDD001: 1.1m @ 1.4g/t Au from 163.1m - GNDD006: 1.4m @ 5.2g/t Au from 26.0m, including 0.42m @ 12.7g/t Au - GNDD007: 1.9m @ 1.2g/t Au from 60.6m Refer to Tables 3 and 4 for full drill-hole and assay results and Figure 2 for drill-hole locations. Figure 3 – Cross-section through GNDD001, GNDD002 and GNDD006 highlighting structural continuity and association of gold in quartz-sulphide veins with mafic dykes. Page 6 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Structurally Continuous Mineralisation Diamond drilling has confirmed earlier trench observations that gold mineralisation occurs within quartz veins containing pyrite and arsenopyrite developed along the contacts of fine- grained lamprophyric (mafic) dykes. These mafic dykes dip steeply to the north-west or south- east and strike to the north-east (Figure 3). Several mineralized intervals display brecciated mafic-dyke fragments with quartz healed matrices, overprinted by arsenopyrite- and pyrite-rich mineralisation (Figure 4). These textures indicate that quartz veining and associated gold mineralisation exploited pre-existing structural weaknesses formed during emplacement of the mafic dykes. This relationship is significant, as the mafic dykes are interpreted to be part of a broader intrusive igneous system with deep-seated roots. Dykes that cross-cut intrusive bodies are commonly laterally and vertically continuous for hundreds of metres to several kilometres. These observations support the interpretation of the Grenadier Prospect as a structurally continuous mineralized system, with strike continuity demonstrated at surface through previous trenching programs and now confirmed down-dip by the recent drilling. The mineralised structures, consistent with their association with mafic dykes, remain open along strike and down-dip. Figure 4 – Core photos showing quartz veins and associated mafic dykes. Page 7 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Untested High-Grade Gold Anomalies The maiden drilling program targeted the G1 and G2 veins at depth, beneath known trench intervals. Drilling was focused beneath and to the west of the Trench 9 bulk-sampling area, towards the Golden Ridge granodiorite contact. The best intercepts for the campaign were recorded beneath the Trench 9 area. Two of the highest-grade trench intervals are east of Trench 9, in areas not yet tested by drilling – namely the G2 vein in Trench 11 (0.6m @ 13.8g/t Au) and the outcropping G3 vein to the southeast of Trench 11 (1.0m @ 11.6g/t Au). Results from both the drilling and trenching programs indicate that gold grades may increase away from the granodiorite, consistent with the gold-in-soil anomaly that extends south and east from the current drilling area (Figure 5). This highlights the eastern and south-eastern extensions of Grenadier as being highly prospective, untested targets for follow-up exploration. In addition, two large quartz-sulphide float boulders located approximately 170m south of the G3 vein returned assays of 17.9g/t Au and 16.0g/t Au (Figure 2). The G1, G2 and G3 veins were each first identified in trenches positioned where high-grade float samples were taken. Following the same pattern as previous discoveries, these float samples may represent a potential fourth quartz sulphide vein. The ground between the G1, G2 and G3 veins, and the high-grade float occurrences remains largely untested (Figure 2). Future work will investigate the high-grade soil anomaly in this area. The broader gold-in-soil anomaly extends a further 400m to the south-east of the high- grade float samples, indicating potential for additional sub-parallel mineralized veins across strike (Figure 5). Next Steps Drilling is continuing at the Double Event Prospect, which is located approximately 1km north of the Trafalgar Prospect, with assays pending. The following activities are planned for the Grenadier prospect: 1. Completion of sampling Trench 16; 2. Additional trenching to cover soil anomalies to south and southeast; 3. Additional trenching to extend Trench 16 to the south/south-east, and 4. Ground reconnaissance to the under-explored area south-west of Vein G3. Page 8 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Figure 5 – Grenadier Prospect – Location of drilling and trenching area, part of the 1km x 1km UFF+ gold-in-soil anomaly Page 9 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Golden Ridge Project – Background Exploration undertaken by Flynn at Golden Ridge has identified extensive intrusive-related type gold mineralisation (IRGS) extending over a 9km-long zone along the southern contact margin of the Golden Ridge Granodiorite and enclosing metasediments (Figure 7). Previous drilling at Flynn’s most advanced Trafalgar Prospect has delivered multiple high- grade gold intercepts. Previously reported drilling results from the Trafalgar Prospect included multiple intersections grading >100g/t Au5 , including: Hole ID From (m) Interval (m) Au g/t Ag g/t Cu % Pb % Zn % TFDD005 108.7 12.3 16.8 27.6 0.01 0.58 0.25 including 120.3 0.7 152.5 277.0 0.1 6.84 2.68 TFDD013 23.0 4.0 23.7 13.21 0.01 0.18 0.02 including 25.9 0.5 169.8 95.9 0.05 1.37 0.13 TFD001 202.0 2.0 12.56 including 202.7 0.4 150.0 TFDD003 57.5 1.2 65.9 58.27 0.02 1.97 1.32 including 57.5 0.5 143.0 133.0 0.04 4.5 3.09 TFDD015 353.2 1.1 51.3 36.06 0.01 1.18 0.15 including 353.9 0.4 137.8 97.9 0.04 3.23 0.38 In November 2024, the Company announced a JORC compliant Exploration Target for the Trafalgar, Brilliant and Link Zone prospects at Golden Ridge6 . The combined Exploration Target range is listed in Table 1 below: Tonnes Range (Mt) Grade Range (g/t Au) Contained Au Range (oz) Low High Low High Low High 3.5 5.4 3.0 4.0 449,000 520,000 Table 1 – Combined Exploration Target for Trafalgar, Brilliant and Link Zone *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. Flynn has calculated JORC compliant Exploration Targets* for the Trafalgar, Brilliant and Link Zone prospects at Golden Ridge dated 8th November 2024. 5 See FG1 ASX Announcement dated 19th March 2025 for full details. 6 See FG1 ASX Announcement dated 14th November 2024 for full details. Page 10 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Table 2 below provides a summary of the Exploration Targets for each prospect*: Prospect Tonnes Range (Mt) Grade Range (g/t Au) Contained Au (oz) Low High Low High Low High Trafalgar 1.6 2.2 4.5 6.0 303,000 322,000 Brilliant 1.4 2.2 1.6 1.9 82,000 115,000 Link Zone 0.6 0.9 2.8 3.5 64,000 83,000 Total 3.5 5.4 3.0 4.0 449,000 520,000 Table 2 - Exploration Targets for Trafalgar, Brilliant and Link Zone prospects at the Golden Ridge project. *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. The combined Exploration Target only encompasses areas where Flynn had drill-tested vein mineralisation at Trafalgar, Brilliant and Link Zone Prospects (see Figure 6) and does not include areas of anomalous soil geochemistry such as Grenadier and Double Event, which the Company considers to be highly prospective for gold mineralisation. Exploration and drilling activities in 2025 have been aimed at growing the Golden Ridge Exploration Target. Figure 6 – Golden Ridge: 3D view of vein models (oblique view looking North-west) used in the Exploration Target estimations. The light pink shell is the modelled Granodiorite contact Page 11 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Figure 7 – Golden Ridge Project – Geology and Prospect Locations. 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 Nicholas Read Media & Investor Relations +61 (0) 419 929 046 nicholas@readcorporate.com.au Page 12 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au About Flynn Gold Flynn Gold is an Australian mineral exploration company with a portfolio of projects in Tasmania and Western Australia (see Figure 8) 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 critical metals project located in northern Tasmania. Flynn has also established a portfolio of gold-lithium 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 8 – Location Plan of Flynn Gold Projects Page 13 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Appendix I Table 3: Grenadier Prospect - Drill Collar Information Drillhole ID Easting GDA94 Northing GDA94 RL (m) Azimuth (True) Dip (deg) EOH Depth (m) GNDD001 582488 5418658 531.0 340 -50 242.0 GNDD002 582432 5418762 522.5 120 -55 116.5 GNDD003 582324 5418580 556.0 110 -60 128.6 GNDD004 582279 5418549 562.1 110 -70 81.9 GNDD005 582446 5418642 535.5 325 -50 188.5 GNDD006 582459 5418730 526.1 136 -51 38.8 GNDD007 582453 5418733 526.1 86 -50 77.5 TOTAL 873.8 Table 4: Grenadier Prospect - Significant Intercepts Drillhole ID From (m) To (m) Interval (m) Au g/t Comments GNDD001* 163.10 164.20 1.1 1.4 G2 Vein - Qtz + Pyr + Aspy vein on contact of mafic dyke GNDD002 86.45 87 0.55 0.3 G2 Vein - Qtz + Pyr vein on contact of mafic dyke GNDD003 41.0 41.7 0.7 0.7 G1 Vein - Qtz + Pyr veining withing mafic dyke GNDD004 47 48 1.0 0.5 G1 Structure - Broken ground with minor Pyr in qtz-carb veinlets GNDD005* 36.99 38.37 1.38 0.9 G1 Vein - Qtz + Aspy + Pyr vein GNDD006* 26.0 27.4 1.4 5.2 G2 Vein - Qtz + Aspy + Pyr vein Inc. 26.68 27.1 0.42 12.7 GNDD007* 60.6 62.5 1.9 1.2 G2 Vein - Qtz + Aspy + Pyr veining within mafic dyke Inc. 60.6 60.94 0.34 3.2 * Composited intervals: Significant intervals >0.3 g/t Au, max internal dilution = 3m (<0.3 g/t Au). Notes: • Significant intercepts cut-off grade of 0.3g/t Au • All reported intersections are assayed on geological intervals ranging from 0.2 to 1m • Reported grades are calculated as length-weighted averages. • Significant mineralised intercepts are reported as downhole lengths, true widths are currently unknown. Abbreviations: - Qtz Quartz Aspy Arsenopyrite Pyr Pyrite carb Carbonate Page 14 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au JORC Code Table 1 for Exploration Results – Golden Ridge Project Section 1: Sampling Techniques and Data Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. The sampling described in this report related to diamond drilling. All new data presented is derived from diamond drill core. References to previous diamond drilling results relate to previously reported data, with corresponding FG1 ASX announcements cited in the report body. Samples were collected by qualified geologists or under geological supervision. The nature and quality of sampling is carried out under QAQC procedures as per industry standards. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. Diamond drilling Diamond core is sampled to geological boundaries with sample lengths generally between 0.2m and 1.0m. The core is cut on site and half core sampled. The remaining half core is stored on site. Care is taken when sampling the diamond core to sample the same half side of the core as standard practice. Certified reference material (CRM) standards are inserted at least every 20 samples. Blank samples are also inserted at least every twenty samples. Duplicate samples are routinely submitted and checked against originals. Aspects of the determination of mineralisation that are Material to the Public Report. DD Photon Assay Drill core samples are sent to On Site Laboratory Services in Bendi-go. Samples are weighed, dried and crushed to -2mm, and rotary split into a Chrysos jar (500g nominal). The residual sample is retained. Samples are assayed for gold via photo assay method PAAU2. Pho-ton assay is a non-destructive assay method. PAAU2 has a detection range of 0.01 to 350 ppm Au. Additional sampling using various techniques and duplicate samples is ongoing to allow an assessment of any sampling issues. Current results appear to be consistent with historical drilling assay results associated with gold mineralisation at Golden Ridge. Drilling techniques Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc.). Flynn Gold Diamond drilling HQ drill core orientated using a Boart Longyear Truecore UPIX core orientation tool. Orientation line was marked on the base of the drill core by the driller or offsider. A standard 3m triple tube core barrel was used. Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. Length based core recovery was measured from reassembled core for every drill run. Data was recorded into a digital RQD spreadsheet which was then uploaded to Flynn Gold’s SQL database. Core recovery was considered high (>95%). The drilling method employed, including triple tube, lead to good core recovery. Due to consistently high recovery, no relationship between grade and recovery is evident. Measures taken to maximise sample recovery and ensure representative nature of the samples. Triple tube diamond core drilling techniques are used. The core recovery is logged for each run of drilling and measured against the drilled length. Generally, sample weights are comparable, and any bias is considered negligible. Page 15 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Criteria JORC Code explanation Commentary Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. No relationship has been noticed between sample recovery and grade. Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Diamond drilling Geotechnical logging is performed on the racks in the company core shed. Core orientations marked at the drill rig are checked for consistency, and base of core orientation lines are marked on core where two or more orientations match within 10 degrees. RQD measurements (cumulative lengths of core >10cm in a metre) are made on a metre-by-metre basis. Diamond core is geologically logged for weathering, oxidation, lithology, grainsize, alteration, mineralisation, vein types and vein intensity, structure, and magnetic susceptibility. Structural measurements are recorded with a protractor (alpha) and beta strip, and converted to dip and dip-direction, or plunge and plunge direction measurements using geological software. Logs are recorded using a standardized logging template, which is transferred to the company database when logging of the entire hole is complete. The geological and geotechnical logging is completed to a sufficient level to support appropriate future geological, Mineral Resource estimation, mining, and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Diamond drilling and trench sampling Where logs cannot be taken quantitatively using percentages or numerical scales, standardized descriptors to describe texture, lithology, alteration and mineralisation are used. Geologists have the option to provide more information through qualitative descriptions with each log entry. Each tray of drill core is photographed (wet and dry) after it is fully marked up for sampling and cutting. The total length and percentage of the relevant intersections logged. All drill holes (Flynn Gold and historic) are logged in full and to the total length of each hole. Subsampling techniques and sample preparation If core, whether cut or sawn and whether quarter, half or all core taken. Core is sampled using half of the HQ diameter. The drill core is cut with a diamond saw and the orientation line is retained. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. No new non-core data is presented in this report. For all sample types, the nature, quality and appropriateness of the sample preparation technique. The sample preparation for all samples follows industry best practice. Page 16 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Criteria JORC Code explanation Commentary Quality control procedures adopted for all subsampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled. Diamond drilling Sampling representivity is maximised by always taking the same side of the drill core (whenever orientated) and consistently drawing a cut line on the core where orientation is not possible. All competent core was cut with an automated core saw. Fragmented or broken core was cut using a hand operated saw to minimise sample loss and maintain representative sampling. Sampling intervals ranged from 0.2m to 1.0m. Intervals shorter than 1.0m were used where discrete geological features – such as quartz veins, faults or lithological boundaries – were present. The sample sizes are considered appropriate for the nature of mineralisation. Pulps and lab-splits of mineralized zones are retained for potential further QAQC analysis, including check assaying at an independent laboratory. Quality of assay data and laboratory tests The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. Photon Assay for Au Photon assay is a recently developed method of gold analysis developed by the CSIRO. The analysis by high-energy X-rays is a non- destructive method therefore the original sample can be retained for further analysis (compared to Fire Assay where the sample is destroyed during analysis). Sample preparation and photon assay is performed by Chrysos at the Onsite Laboratory in Bendigo. It is an industry recognized method for gold analysis. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. No geophysical tools, spectrometers, handheld XRF instruments etc. were used to determine any element concentrations. Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. Flynn Gold Diamond and RC Drilling For diamond drilling standards (Certified Reference Material) and blanks are inserted every 20 samples. OREAS Certified Reference Material (CRM) includes anomalous grade (<1 g/t Au), low grade (<4 g/t Au), mid-range (>4 and <10 g/t Au), high grade (>10g/t) and very high grade (>40g/t). The CRM inserted into the sample sequence was based on expected gold grades from visual mineralogy and texture. Duplicates were taken for intervals where higher gold grades were expected, based upon visual mineralogy and texture. Duplicates, standards and blanks passed within an acceptable level of precision and accuracy. If CRM or blank results were outside of the accepted error margin the sample batch is re-run (fully or partially). External laboratory checks have not been used to date. Pulps and laboratory splits have been retained for future laboratory checks. The Onsite laboratory conducted laboratory splits, laboratory CRMs, and laboratory duplicates at a regular frequency. Lab duplicates are also requested by Flynn Gold on occasions. Internal laboratory QAQC checks are reported by the laboratory (Onsite Bendigo). On going review of the internal laboratory QAQC suggests the laboratory is performing within acceptable limits. Verification of sampling and assaying The verification of significant intersections by either independent or alternative company personnel. All reported data was subjected to validation and verification by company personnel prior to reporting. The use of twinned holes. Twinned holes have not been drilled at the Grenadier Prospect. Page 17 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 info@flynngold.com.au | www.flynngold.com.au Criteria JORC Code explanation Commentary Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. Primary data is collected using a field laptop computer using in-house logging codes. Historic data is collected from historic reports and where possible laboratory certi