Drilling at Double Event Targets High-Grade Gold System
Released
Released
Announcement PDF
ASX Announcement
15 September 2025
Golden Ridge Project, NE Tasmania
Maiden Drilling at Double Event
Targets Extensive High-Grade Gold
System
ASX: FG1
Highlights
•
Maiden diamond drilling program underway at the Double Event
prospect targeting high-grade quartz-sulphide veins exposed in
trenching to the east and west of historical workings
•
Latest trenching results (Trenches 3 and 9) have confirmed the Double
Event mineralised corridor has a strike length of at least 275m
which remains open
•
Observations from recently completed Trench 10 indicate that the
mineralisation continues a further 50m west (assays pending),
potentially extending the total strike extent to approximately 330m
•
Surface trenching has confirmed historical reports of high-grade quartzsulphide veins within the Double Event mineralised zone. Previously
reported channel sample results include 1:
ABN 82 644 122 216
CAPITAL STRUCTURE
Share Price: A$0.026
Cash (11/09/25): A$0.58M
Debt: Nil
Ordinary Shares:391.3M
Market Cap: A$10.2M
Options
Listed (FG1O): 50.6M
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
Trench 8:
2.6m @ 6.4g/t Au, including 0.2m @ 15.2g/t Au and
0.8m @ 16.5g/t Au
Trench 6:
0.4m @ 17.4g/t Au and 0.3m @ 17.0g/t Au
Trench 5:
2.7m @ 2.6g/t Au, including 0.2m @ 23.5g/t Au
Trench 4:
1.2m @ 9.5g/t Au
•
Further trenching is planned along strike to the east and west, to further
assess the continuity of mineralisation at Double Event
•
Assay results pending for diamond drilling at Grenadier prospect
•
For further information or to post questions go to the Flynn Gold Investor
Hub at https://flynngold.com.au/link/yaG9jr
Mathew Watkins
CONTACT
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
announce the commencement of drilling at its expanding Double Event
prospect within the Company’s 100%-owned Golden Ridge Project (Figure
1), located in Northeast Tasmania.
1 See FG1 ASX Announcement dated 12th August 2025 for full details.
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
Managing Director and CEO, Neil Marston commented:
“We are excited to have commenced our maiden drilling program at Double Event, a prospect
with known high-grade gold workings but which has never been tested by drilling.
“The first diamond drilling program will test beneath the historical workings and recent trenches
to provide critical insights into the continuity and depth extent of mineralisation first reported
more than a century ago.
“Our trenching program has already confirmed multiple high-grade quartz-sulphide veins and
extended the mineralised corridor to over 300 metres, with recent results also demonstrating
the presence of elevated silver and lead. With drilling now underway and further assays
pending, we are looking forward to unlocking the true potential of this under-explored
prospect.”
Figure 1 – Location of Flynn Gold’s NE Tasmanian Projects
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Double Event Prospect
Trenching Program
A total of 10 trenches have been completed, exposing significant gold mineralisation hosted in
ENE-trending quartz-sulphide veins over a strike length of more than 330 metres, making the
discovery potentially one of the most significant by Flynn to date.
Significant trench channel intervals are shown in Figure 2 and Table 1.
In addition to previously reported results from Trenches 1, 2 and 4-8, new assays have been
received for Trenches 3 and 9.
•
Trench 9: Located west of Trench 8, west of the historical workings and intrusive contact,
returned:
o
•
1.7m @ 2.2g/t Au, incl. 0.8m @ 4.3g/t Au
Trench 3: Excavated along the contact between the Golden Ridge Granodiorite and
Mathinna Group metasediments, this trench confirmed quartz-sulphide veins transecting
the intrusive contact. Assays returned elevated silver and lead alongside gold
mineralisation, including:
o
0.35m @ 0.4g/t Au, 20.5ppm Ag, 111ppm Pb
o
1.3m @ 0.4g/t Au, 79.5ppm Ag, 7,528ppm Pb
These results confirm that the mineralisation is continuous for at least 275m along strike.
The recent excavation of Trench 10, located approximately 50m west of Trench 9, revealed
further quartz-sulphide veins along strike. Assays are pending but field observations indicate
that the mineralised corridor extends for at least ~330m and remains open in both directions. 2
In addition to trench sampling, rock-chip samples (both float and outcrop) have been collected
from around the excavations. To date, 34 samples have been analysed (14 previously
reported, plus 20 new results).
Several new samples were taken along the same mineralised structures as the channel
sample intervals and returned gold grades of up to 10.3g/t Au (Trench 4), consistent with trench
channel sample results.
Quartz float samples of Mathinna Group metasediment material collected adjacent to the
intrusive granodiorite contact returned elevated gold assay grades of up to 4.1g/t Au, 7.4ppm
Ag and 128ppm Pb. Other samples collected also returned elevated assay grades of silver
and lead, included 0.32g/t Au, 49.4ppm Ag and 3,390ppm Pb, and 0.25g/t Au, 49.2ppm Ag
and 1,465ppm Pb, demonstrating that quartz-sulphide veins within the sediments are
mineralised with gold, silver and lead.
2
Cautionary Statement: The identification of quartz–sulphide veins in Trench 10 is based on geological
observations only. Visual estimates of mineralisation are not a substitute for laboratory assays and should not be
considered as an indicator of gold grade. Assay results are pending and expected within 8 weeks.
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Drilling Program
Flynn has commenced its maiden diamond drilling program at the Double Event prospect. The
program will comprise a series of short holes designed to test high-grade quartz sulphide veins
reported in historical records and confirmed in recent surface trenching.
The first hole, EVDD001, has a planned depth of 70m, targeting approximately 20m below the
historical Double Event Shaft (see Figure 2 and Figure 3).
Historical State Government reports (Twelvetrees, 1899) describe a steeply-dipping quartz
vein 0.6-0.9m wide returning assays up to 4.3oz/t Au (~133.7g/t Au) from the base of the 60foot (18m) shaft. Despite these historical records of very high grades, the Double Event
prospect has never been tested by modern exploration or drilling until now 3, 4.
Figure 2 – Double Event Prospect Trench Area Plan showing drill-hole EVDD001
3 Ref: Report on Gold Mines near Hogan’s Track, W.H. Twelvetrees, Oct 1899 (MRT Report – O/S 144)
4 Note: The Double Event historic assay results are drawn from historic government records (refer JORC Table 1
for details). These figures are considered historic in nature and are presented for historical and geological context
only. They are not reported as Exploration Results, Mineral Resources or Ore Reserves under the JORC Code
(2012).
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Gold Mineralisation
The gold mineralisation observed in surface trenches at Double Event occurs in steep north–
northwest-dipping, arsenopyrite-rich quartz veins ranging from 15mm to 200mm in thickness.
Veins occur as discrete structures or in tight swarms, consistent with structural trends recorded
at other high-grade prospects within the Golden Ridge Project.
As with all of the Golden Ridge vein systems identified to date, the Double Event mineralisation
is located near the intrusive contact of the Golden Ridge Granodiorite and Mathinna
Supergroup metasediments.
Figure 3 – Drill Rig Positioned over Diamond Drill Hole EVDD001
To date only a small part of the contact area has been explored, although soil geochemistry
results 5 suggest many untested targets exist (see Figure 4).
Prospect Background
Historical workings at the Double Event prospect include the 60-foot shaft, a north-driven adit
intersecting the vein at approximately 21m depth, and shallow trenches extending east along
strike for over 30m.
5 See FG1 ASX Announcement dated 24 April 2025 for full details
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Flynn geologists recently located the historical Double Event shaft and confirmed the presence
of high-grade gold by sampling mineralised quartz float from Mullock dumps adjacent to the
shaft, trenches and now collapsed adit.
Significant assays reported previously include:
•
•
Mullock dump samples: 7.9g/t, 18.5g/t, 40.9g/t and 44.5g/t Au.
Mullock/shaft area samples: 7.4g/t and 15.5g/t Au 6.
The Double Event prospect is located approximately 1km north of Flynn’s high-grade Trafalgar
prospect, along the same granodiorite-metasediment contact (Figure 4).
Grenadier Diamond Drilling
The processing and sampling of drill core from the recent Grenadier drilling program 7 has been
completed. Core samples have been dispatched to the laboratory for analysis and full results
will be reported as they become available.
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
6 See FG1 ASX Announcement dated 24 April 2025 for full details
7 See FG1 ASX Announcement dated 4 September 2025 for full details
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Figure 4 – Golden Ridge Project – Gold in Soils and Prospect Locations
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About Flynn Gold
Flynn Gold is an Australian mineral exploration company with a portfolio of projects in Tasmania and
Western Australia (see Figure 5). 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 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 5 – Location Plan of Flynn Gold Projects
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Table 1 – Double Event Prospect: Significant Trenching Intervals
Trench
ID
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
Pb
(ppm) (ppm)
DETR003
22.75
23.1
0.35
0.4
20.5
111
Qtz + Aspy veining
DETR003*
63.2
64.5
1.3
0.4
79.5
7,528
Qtz + Aspy veining
DETR009*
Inc.
11.2
11.2
12.9
12.0
1.7
0.8
2.2
4.3
0.3
0.6
22
24
Comments
Zone of Qtz + Aspy veining
Qtz + Aspy vein
Table 2 - Double Event Prospect: Rock Chip Sample Results
Sample
ID
Sample
Type
78767
Float
78768
Float
78769
78770
78771
Float
Float
Float
78772
Float
78773
Float
78774
Outcrop
78775
Outcrop
78776
Outcrop
78777
78778
78779
78780
78781
78782
Float
Float
Outcrop
Float
Outcrop
Outcrop
81902
Outcrop
81903
Outcrop
81904
Outcrop
81905
Outcrop
Description
Qtz + Aspy vein fragments
80mm Qtz + Aspy breccia vein with
sandstone clasts
80mm laminated Qtz vein with FeOx
150mm Qtz vein fragments
30mm Qtz vein in sandstone boulder
200mm Qtz + FeOx breccia vein with
sandstone clasts
Qtz vein fragments in sandstone
120mm Qtz + Aspy vein, taken from floor
adjacent to channel sample interval Trench
3, 64.0-64.5m (0.5m @ 0.3g/t Au)
Qtz vein sample from fault adjacent to
channel sample interval Trench 9, 11.212.0m (0.8m @ 4.3g/t Au)
75mm Qtz + Aspy vein taken from floor
adjacent to channel sample interval Trench
9, 33.0-33.2m (0.2m @ 0.02g/t Au)
120mm Qtz vein fragment
100mm Qtz vein fragment
150mm Qtz vein
80mm Qtz + Aspy vein
20mm Qtz vein
75mm Qtz vein
30mm Qtz + Aspy vein taken from opposite
wall of channel sample interval Trench 4,
5.2-5.4m (0.2m @ 2.3g/t Au)
20mm Qtz vein taken from opposite wall of
channel sample interval Trench 4, 8.7-9.3m
(0.6m @ 0.1g/t Au)
30mm Qtz vein taken from opposite wall of
channel sample interval Trench 4, 18.118.9m (0.8m @ 0.01g/t Au)
100mm Qtz + Aspy vein taken from
opposite wall of channel sample interval
Trench 4, 32.7-32.9m (0.2m @ 12.15g/t Au)
Au
(g/t)
Ag
(ppm)
As
(ppm)
Pb
(ppm)
Easting
(m)
Northing
(m)
0.32
49.4
7750
3390
588146
5417651
4.05
7.43
>10000
128
588127
5417695
0.96
0.01
0.01
0.85
0.75
0.5
609
108
193.5
97.1
126.5
32.9
587866
588414
588473
5417609
5417575
5417556
0.01
0.12
61.6
54
588452
5417532
0.24
23.7
974
628
588208
5417680
0.25
49.2
3800
1465
588135
5417650
3.81
2.01
>10000
67.2
587863
5417611
0.1
0.59
1815
39.6
587869
5417593
0.03
0.02
0.02
0.05
0.01
0.14
1.51
0.7
0.12
0.38
0.06
0.16
124.5
104
1820
1365
15
36.8
58.3
47.1
31.6
11.9
16.8
20.1
587946
587851
587770
587813
587829
587828
5417657
5417819
5417653
5417574
5417740
5417747
5.26
1.48
9310
32.8
588003
5417650
0.04
0.22
1990
34.4
588002
5417648
0.01
0.04
682
20.6
588002
5417639
10.3
5.35
>10000
20.5
588007
5417627
Note:
* Composited intervals: Significant intervals >0.3 g/t Au, max internal dilution = 3m (<0.3 g/t Au).
- Abbreviations:
- Qtz
Quartz
- Aspy
Arsenopyrite
- Pyr
Pyrite
- FeOx
Iron Oxide
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Table 3 - Double Event Prospect: Trench Channel Samples - All Assays
Channel
ID
Sample
No
From
(m)
To
(m)
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
DETR003
81964
81965
81966
81967
81968
81969
81970
81971
81972
81973
81974
81975
81976
81977
81978
81979
81980
81981
81982
81983
81984
81985
81986
81987
81988
81989
81990
81991
81992
81993
81994
81995
81996
81998
81999
82000
83001
83002
83003
83004
83005
83006
83007
83008
83009
83010
83011
83012
83013
83014
83015
83016
83017
83018
83019
83020
83021
83022
83023
83024
83025
0
1
1.7
2.6
3.3
4.3
5
6
7
7.3
8.1
9
10
11
12
13
14
15
15.7
15.8
16.4
1
1.7
2.6
3.3
4.3
5
6
7
7.3
8.1
9
10
11
12
13
14
15
15.7
15.8
16.4
16.75
16.75
17.5
18
19
20
20.5
21.3
22
22.75
17.5
18
19
20
20.5
21.3
22
22.75
23.1
23.1
38
38.85
39.1
49
50
51
51.5
52
52.8
53.4
54
55
56
57
58
58.6
59.3
60
61
61.5
62.2
63.2
24
38.85
39.1
40
50
51
51.5
52
52.8
53.4
54
55
56
57
58
58.6
59.3
60
61
61.5
62.2
63.2
64
64
64.5
64.5
65
66
65
66
67
Interval
(m)
Au
(g/t)
1
0.03
0.7
0.03
0.9
0.03
0.7
0.02
1
0.02
0.7
0.02
1
0.02
1
0.02
0.3
0.16
0.8
0.03
0.9
0.03
1
0.02
1
0.03
1
0.02
1
0.02
1
0.02
1
0.02
0.7
0.02
0.1
0.02
0.6
0.02
0.35
0.04
Field Dup
0.75
0.02
0.5
0.01
1
0.01
1
0.02
0.5
0.01
0.8
0.01
0.7
0.02
0.75
0.01
0.35
0.41
Field Dup
0.9
0.03
0.85
0.02
0.25
0.06
0.9
0.01
1
0.02
1
0.02
0.5
0.01
0.5
0.01
0.8
0.01
0.6
<0.01
0.6
<0.01
1
0.25
1
<0.01
1
0.01
1
<0.01
0.6
0.01
0.7
<0.01
0.7
0.01
1
<0.01
0.5
0.01
0.7
0.02
1
<0.01
0.8
0.48
Field Dup
0.5
0.34
Field Dup
0.5
0.01
1
0.03
1
0.04
Au
(g/t)
Field
Dup
0.04
0.85
0.39
0.26
Ag
(g/t)
As
(ppm)
Pb
(ppm)
Easting
(m)
Northing
(m)
0.05
0.06
0.07
<0.01
0.06
0.01
0.03
0.06
0.21
0.11
0.1
0.11
0.12
0.09
0.04
0.08
0.04
0.06
0.05
0.04
0.1
0.13
0.04
0.03
0.04
0.03
0.01
0.03
0.07
0.09
20.5
12.1
0.13
0.26
0.32
0.07
0.07
0.09
0.07
0.04
0.04
0.07
0.08
0.24
0.1
0.19
0.12
0.15
0.08
0.09
0.1
0.09
0.13
0.16
66
44.8
126
53.2
0.77
2.46
1.52
76.8
65.1
148
16.8
44.2
16.8
51.9
54.7
186
239
263
132
109
67.5
68.1
104.5
118
144.5
270
319
1215
1845
321
50.3
40.8
30.3
40.7
31.8
49.5
41.4
103.5
103.5
491
28
39.5
26.2
52.9
53.4
49.9
41.6
24
30.8
28.6
43.7
130.5
411
263
57.5
29.9
67.1
44.5
38.1
66.1
145.5
>10000
9210
>10000
5690
413
800
428
30.7
28.6
33.4
29.9
35.7
27.3
32.9
26.9
27.4
35.8
34.9
32.9
36.4
34.9
33.7
36.2
34.3
40.5
36.2
42.1
51.9
60.5
36.1
30.9
27.2
44.8
52.3
48.3
70.5
56.2
111
123
88.9
41.6
27.8
38.9
31.1
42.7
25.5
31.7
20
27.9
21.8
51.9
44.5
21.4
61.6
40.2
53.1
18.2
49.3
66.8
140.5
147
9270
6380
4740
2500
295
265
251
588133.9
588133.8
588133.7
588133.6
588133.5
588133.4
588133.2
588133.1
588133.0
588132.9
588132.8
588132.7
588132.6
588132.6
588132.5
588132.5
588132.5
588132.5
588132.5
588132.6
588132.6
5417712.5
5417711.7
5417710.9
5417710.1
5417709.2
5417708.4
5417707.6
5417706.6
5417705.9
5417705.4
5417704.5
5417703.6
5417702.6
5417701.6
5417700.6
5417699.6
5417698.6
5417697.7
5417697.3
5417697.0
5417696.5
588132.6
588132.6
588132.5
588132.5
588132.4
588132.3
588132.3
588132.2
588132.1
5417696.0
5417695.3
5417694.6
5417693.6
5417692.8
5417692.2
5417691.5
5417690.7
5417690.2
588132.0
588129.6
588129.6
588129.5
588129.7
588129.9
588130.0
588130.2
588130.4
588130.6
588130.8
588131.1
588131.5
588131.9
588132.4
588132.8
588133.2
588133.6
588134.1
588134.6
588134.9
588135.5
588136.2
5417689.6
5417674.9
5417674.4
5417673.8
5417663.9
5417662.9
5417662.2
5417661.7
5417661.0
5417660.4
5417659.8
5417659.1
5417658.2
5417657.3
5417656.4
5417655.7
5417655.2
5417654.6
5417653.9
5417653.3
5417652.9
5417652.3
5417651.6
588136.7
5417651.2
588137.0
588137.6
588138.4
5417650.9
5417650.4
5417649.8
Page 10 of 20 | 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
Channel
ID
Sample
No
From
(m)
To
(m)
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
DETR009
83027
83028
83029
83030
83031
83032
83033
83034
83035
83036
83037
83038
83039
83040
83041
83042
83043
83044
83045
83046
83047
83048
83049
83050
83051
83052
83053
83054
83055
83056
83057
83058
83059
83060
83061
83062
83063
83064
83065
83066
83067
83068
83069
83070
83071
83072
83073
83074
83075
83076
83077
83078
83079
83080
83081
83082
0
1
2
2.5
3
4
5
6
7
8
9
10
10.9
11.2
1
2
2.5
3
4
5
6
7
8
9
10
10.9
11.2
12
12
12.6
12.6
12.9
12.9
13.3
14
15
16
17
18
19
20
21
22
22.4
23
24
25
25.4
25.7
26.4
27
28
28.5
29
30
30.5
31
31.8
32.3
33
13.3
14
15
16
17
18
19
20
21
22
22.4
23
24
25
25.4
25.7
26.4
27
28
28.5
29
30
30.5
31
31.8
32.3
33
33.2
33.2
34
34.3
34
34.3
34.5
34.5
35.2
35.4
36
36.4
35.2
35.4
36
36.4
37
Interval
(m)
Au
(g/t)
1
0.04
1
0.01
0.5
0.02
0.5
0.01
1
0.02
1
0.01
1
<0.01
1
0.02
1
0.02
1
0.03
1
0.02
0.9
0.02
0.3
0.05
0.8
4.27
Field Dup
0.6
0.06
0.3
0.79
Field Dup
0.4
0.13
0.7
0.07
1
0.06
1
0.04
1
0.05
1
0.13
1
0.04
1
0.03
1
0.04
1
0.04
0.4
0.03
0.6
0.02
1
0.03
1
0.02
0.4
0.02
0.3
0.03
0.7
0.02
0.6
0.04
1
0.02
0.5
0.03
0.5
0.02
1
0.04
0.5
0.03
0.5
0.02
0.8
0.02
0.5
0.03
0.7
0.04
0.2
0.02
Field Dup
0.8
0.02
0.3
0.01
0.2
0.01
Field Dup
0.7
0.01
0.2
0.02
0.6
0.02
0.4
0.05
0.6
0.02
Au
(g/t)
Field
Dup
3.52
2.2
0.03
0.01
Ag
(g/t)
As
(ppm)
Pb
(ppm)
Easting
(m)
Northing
(m)
0.07
0.08
0.07
0.06
0.03
0.03
0.01
0.03
0.02
0.03
0.01
0.02
0.04
0.8
0.55
0.04
0.27
0.26
0.06
0.05
0.04
0.03
0.03
0.05
0.03
0.02
0.02
0.04
0.02
0.02
0.02
0.02
0.02
0.02
0.03
<0.01
<0.01
0.01
<0.01
<0.01
0.01
<0.01
0.01
<0.01
0.02
0.04
0.05
0.02
<0.01
0.05
<0.01
0.01
0.01
0.01
0.02
0.02
51
46.7
60.9
24
54.4
42.1
39.8
56.1
82.5
232
181.5
113
160.5
>10000
7470
178.5
426
305
110.5
120.5
151
129.5
135.5
195.5
121.5
120
108.5
149.5
154
129
116.5
80.7
113
74.5
101.5
116.5
75.8
111.5
135.5
115.5
126.5
110.5
105.5
90.3
102
300
366
147
106.5
132.5
122.5
99.2
158.5
125.5
246
140
16.2
20.5
18.8
20
21.8
25.3
25.8
26.2
22.9
22.8
21.9
22.1
21
27
24.4
21.2
18.6
19.7
17.5
22.4
20.3
17.8
20.9
19.6
17.2
17.8
16.9
19.4
18.2
18.5
18.8
20.5
19.8
17.2
17.9
20.3
19.4
23.2
22.7
24.2
24.7
23.1
21.5
20.8
17.9
9.1
10
20
20.9
24.2
22.8
22
22.9
18.8
18.2
18.4
587859.2
587859.6
587860.0
587860.2
587860.5
587860.9
587861.3
587861.7
587862.1
587862.5
587862.8
587863.1
587863.3
587863.4
5417623.0
5417621.6
5417621.0
5417620.5
5417619.8
5417618.9
5417618.0
5417617.1
5417616.2
5417615.2
5417614.3
5417613.4
5417612.8
5417612.3
587863.6
587863.7
5417611.6
5417611.2
587863.8
587863.9
587864.1
587864.3
587864.5
587864.7
587865.0
587865.2
587865.5
587865.7
587865.9
587866.0
587866.2
587866.5
587866.7
587866.8
587866.9
587867.1
587867.5
587867.8
587868.1
587868.5
587868.9
587869.2
587869.6
587870.0
587870.3
587870.6
5417610.8
5417610.3
5417609.5
5417608.5
5417607.5
5417606.5
5417605.6
5417604.6
5417603.6
5417602.7
5417602.0
5417601.5
5417600.7
5417599.8
5417599.1
5417598.8
5417598.3
5417597.7
5417596.9
5417596.3
5417595.8
5417595.2
5417594.6
5417594.2
5417593.7
5417593.1
5417592.7
5417592.3
587870.9
587871.2
587871.4
5417591.9
5417591.5
5417591.3
587871.7
587872.0
587872.2
587872.5
587872.9
5417590.9
5417590.6
5417590.3
5417589.9
5417589.5
Page 11 of 20 | 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 4 – Double Event Prospect – Planned Diamond Drill Hole Information
Drill hole
ID
EVDD001
Easting
GDA 94
588024
Northing
GDA 94
5417662
RL
(m)
275
Azimuth
(True)
145.9
Dip
(Deg)
66
EOH
(Depth-m)
70
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.
Page 12 of 20 | ABN 82 644 122 216 | ASX: FG1
Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000
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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 refers to grab rock chip and
channel sampling.
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.
Page 3 of this announcement quotes historical assay figures collated
in:
Twelvetrees, W.H., 1899. Report on Gold Mines near Hogan’s Track.
MRT Report – O/S 144.
These historic results are included for background purposes only. The
original report provides only limited information on sampling
methods, analytical techniques, and QA/QC procedures. As such, the
data cannot be verified, is considered historical in nature, and does
not meet the reporting requirements of the JORC Code (2012). Flynn
Gold has not independently validated these results and they should
not be relied upon for resource or reserve estimation. They are
presented to assist in understanding the exploration history of the
Double Event prospect.
Include reference to measures taken
to ensure sample representivity and
the appropriate calibration of any
measurement tools or systems used.
Trench samples
Trench samples were from a channel taken from the walls of a
historic trench at interval lengths between 0.15m and 1.0m. The
horizontal channel line was cut between 0.2m and 1.0m above the
floor.
Certified reference material (CRM) standards were inserted at least
every 20 samples. Some field duplicates were collected to monitor
sampling quality control, assess sample representivity, and evaluate
the repeatability of gold assay results.
Rock chip samples
Rock-chip ‘in-situ’ and channel samples were taken from in-situ
outcrop. Rock-chip ‘float’ samples were not in-situ, these rocks have
potentially been transported.
Rock chip samples weighed between 0.3 – 3 kg.
Some grab rock chip samples may be selective and taken from either
mineralised or unmineralised material. This kind of grab sampling
enables preliminary/indicative metal grade and rock elemental
composition to be ascertained but it is not as representative as
continuous channel sampling or drilling.
Some field duplicates were collected to check the consistency of the
assaying methods.
Aspects of the determination of
mineralisation that are Material to
the Public Report.
Rock chip / Channel Samples
Samples were prepared at the ALS laboratory in Burnie. Samples
were weighed (WEI-21), crushed (CRU-21), then pulverized (PUL-21)
to a nominal 85% passing 75 microns.
Samples were analysed for gold (Au) by fire assay with a 30 g charge
(method AU-AA25) at ALS laboratories in Burnie. Multi-element
analysis by four-acid digest (method MS-ME61) was conducted at ALS
laboratories in Adelaide, Perth, or Townsville.
Page 13 of 20 | 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
Visual observations in Trench 10
Quartz sulphide veins were observed in Trench 10 that are
interpreted to be continuation of mineralisation along strike to the
west of Trench 9. These observations do not provide a measure of
gold content or grade. The visual identification of sulphide minerals
should not be considered a proxy or substitute for assay results.
Assays from Trench 10 samples are pending and expected within 8
weeks after which validated results will be reported.
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.).
No new drilling reported.
Drill sample
recovery
Method of recording and assessing
core and chip sample recoveries and
results assessed.
No new drilling reported.
Measures taken to maximise sample
recovery and ensure representative
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