Announcement PDF ASX: FG1 Neil Marston, Managing Director Investor Webinar 11 November 2024 flynngold.com.au Creating value from high-grade gold exploration & discovery in Tasmania 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 11 November 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 identified in this presentation 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. flynngold.com.au 2 Targeting A New Generation of High-Grade Gold Discoveries ASX-listed (ASX:FG1) high-grade gold explorer Outstanding hit rate – multiple >100g/t intervals in drilling High-quality 1,020km2 portfolio in Tasmania Large vein system identified – significant grade and scale potential Targeting Victorianstyle high-grade gold deposits Drilling underway at Golden Ridge targeting new high-grade zones Exploration Target at the Golden Ridge Project, NE Tasmania Significant leverage to ongoing discovery success flynngold.com.au Our aim is to prove up one or more significant gold deposits in the near-term, as the foundation for a long-term Australian gold business. 3 | ASX FG1 3 CAPITAL STRUCTURE | ASX: FG1 Share price: 9th November 2024 A$0.03 Market Cap at $0.03/share $7.8m Cash @ 30th September 2024 $1.83m Enterprise Value at $0.03/share $6.0m Shares on issue 261.3m Unlisted Options2 0.4m Listed Options (FG1O)1 50.6m Performance Rights3 2.4m Notes 1. Expire 7 Nov 2026, $0.075/share exercise price 2. Expire 2 Aug 2025, $0.20/share exercise price 3. 3 year performance rights upon meeting various vesting conditions Lowell Resources Fund Other flynngold.com.au Chair 4 decades with market leading big box hardware chain Bunnings Group, including as COO and company director. Harvard Program for Management development, Finance program at London Business School and is a Member of the Australian Institute of Company Directors (AICD). Neil Marston Managing Director & CEO Qualified accountant and Chartered Secretary with extensive experience in the areas of mineral exploration, capital markets, corporate governance, project management and stakeholder engagement. Non-Executive Director Director and CIO of Lowell Resources Funds Management (LRFM). Qualified lawyer and geologist. 20 years of resources financing experience, including as CIO of the Lowell Resources Trust and Director of RMB Resources. (as at 29th August 2024) Directors & Management Clive Duncan John Forwood TOP SHAREHOLDERS Colin Bourke & Associates DIRECTORS Company Snapshot 32.65% Sam Garrett Technical Director 58.0% 4.9% 4.4% Geologist with over 30 years of international exploration management including positions with with Phelps Dodge and Cyprus Gold. Specialist in copper and gold exploration. Mt. Eliott, Havieron and Tujuh Bukit discovery credits 4 | ASX FG1 11 granted Exploration Licences and 9 EL applications 1,091 km2, 100% Flynn Gold Holdings close to significant gold & lithium deposits Non-core assets – open to JV or sale 11 granted Exploration Licences 1,024 km2, 100% Flynn Gold Northeast Tasmania - significant gold and tin/tungsten projects Northwest Tasmania – gold, critical minerals and zinc-lead-silver projects TASMANIA WESTERN AUSTRALIA Overview Flynn Gold Limited is focused on the exploration and development of highgrade gold and critical minerals projects in Tasmania flynngold.com.au 5 | ASX FG1 Northeast Tasmania – A Significant High-Grade Opportunity Geological extension of the prolific Victorian Goldfields Significant historic high-grade gold production: Beaconsfield Gold Mine (1,200m depth): • 1877-1914: 854,600oz @ 24.5g/t Au • 1999-2012: 920,000oz @ 10.5g/t Au New Golden Gate Gold Mine (Mathinna) mined to 580m depth producing: • 1887-1926: 253,000oz @ 26.0g/t Au Limited gold exploration over the past 100 years – providing great opportunities for fresh gold discoveries using modern techniques flynngold.com.au 6 | ASX FG1 Flynn’s Portfolio – Northeast Tasmania Exploration focus is on: Golden Ridge Project Warrentinna Project Large Intrusive Related Gold System with potential to host significant gold mineralisation Victorian-style orogenic gold system with very encouraging results from shallow drilling Beaconsfield Project (new application) Victoria-style orogenic gold system with historical workings surrounding rich Beaconsfield Gold Mine flynngold.com.au 7 | ASX FG1 Golden Ridge Project Golden Ridge Project Positive Indications of a large Intrusive Related Gold System (IRGS) ACTIVITIES Historical gold workings and anomalies at multiple prospects near granodiorite-sediment contact (IRGS) +9km mineralised zone open along trend Diamond drilling at Brilliant (14 holes – 4,222m) – gold mineralised system extended - open along strike RC drilling at Kensington, Blinding and Link Zone (12 holes – 1,455m) - gold mineralisation intersected, highlighting potential for an extensive gold system Diamond drilling at Trafalgar (19 holes - 6,770m) exceptional results recorded with high-grade (>100g/t Au) gold mineralisation in multiple veins Extensive soil sampling program – new targets identified at Trafalgar North, Grenadier, Duke and Big Penny Diamond Drilling underway at Link Zone testing for high-grade gold mineralisation beneath Golden Ridge adit Maiden Exploration Target released for Trafalgar, Link Zone and Brilliant prospects flynngold.com.au 9 | ASX FG1 Golden Ridge Project MAIDEN EXPLORATION TARGET* 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 Prospect *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. flynngold.com.au 10 | ASX FG1 Golden Ridge Exploration Target Contained Gold (Au koz) 400 koz TRAFALGAR 303,000 – 322,000 oz Au 300 koz BRILLIANT 200 koz 82,000 – 115,000 oz Au 100 koz LINK ZONE 64,000 – 83,000 oz Au 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 Gold Grade (Au g/t) flynngold.com.au 11 | ASX FG1 EXPLORATION TARGET Golden Ridge Project Exploration Target is open in all directions and represents less than 30% of the known strike of the 9km gold anomaly that defines the gold mineralised system at Golden Ridge Diamond drilling underway at Link Zone testing extensions of known gold-vein mineralisation along strike and down-dip of the historic Golden Ridge Adit Further drilling planned to expand the Exploration Target and convert to a Mineral Resource flynngold.com.au 12 | ASX FG1 Golden Ridge Project TRAFALGAR PROSPECT Trafalgar Vein Model identifies 3 major veins: • Trafalgar Main Vein • Magazine Vein • Trafalgar South Vein Multiple quartz-sulphide vein intervals grading >100g/t Au Gold mineralisation intersected in drilling over 400m strike length to date - open along strike and down dip All Trafalgar veins transect granodiorite-sediment contact, gold mineralisation hosted in both granodiorite and metasediment rocks Trafalgar North vein array, which runs sub-parallel to Trafalgar, indicates that vein arrays are repetitive across strike Only 2 drill holes (TFDD019 and 020) completed to date 1st round metallurgical tests yield 94.5% average Au recovery flynngold.com.au 13 | ASX FG1 Golden Ridge Project GOLDEN RIDGE ADIT – LINK ZONE Golden Ridge Adit (circa 1895) is 150m long to NW with short NE drive ~50m below line of NE orientated historical pits and trenches located on the surface Underground grab sampling of mineralised veins in the adit recorded high-grade gold assays including 64.4g/t Au, 37.6g/t Au and 15.9g/t Au Drilling currently underway testing along strike and down dip of Golden Ridge Adit Diamond drilling to twin LZRC004 located ~1.0km east of Golden Ridge Adit to follow Drilling program co-funded under the Tasmanian Government’s Exploration Drilling Grant Initiative (EDGI) – up to $140,000 in grant funding available flynngold.com.au 14 | ASX FG1 KEY INVESTMENT TAKEAWAYS Focused on three high-grade gold projects in Tasmania (Golden Ridge, Warrentinna and Firetower) Golden Ridge Project – • High-grade gold discovery at Trafalgar open in all directions • Maiden Exploration Target • Excellent potential for additional gold mineralisation along an 9km trend Currently well-funded to advance exploration and drilling Experienced Board, Management and Technical team flynngold.com.au 15 | ASX FG1 CLICK HERE TO JOIN OUR INTERACTIVE INVESTOR HUB For more information please contact us ASX: FG1 Neil Marston Managing Director & Chief Executive Officer +61 3 9692 7222 neil@flynngold.com.au Nicholas Read Media & Investor Relations +61 (0) 419 929 046 nicholas@readcorporate.com.au flynngold.com.au Warrentinna Gold Project Warrentinna Gold Project WARRENTINNA GOLDFIELD Gold mineralisation & old workings over 6km strike – largely untested to date Golden Mara mine produced 3,368oz @ 29.4g/t Au DERBY NORTH Significant shallow gold intersected in drilling 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 Multiple zones of auriferous quartz veining hosted in turbiditic sediments similar to the Victorian Goldfields Early potential for JORC compliant Mineral Resource at Derby North with further shallow drilling flynngold.com.au 18 | ASX FG1 Flynn’s Portfolio – Northwest Tasmania Exploration focus is on: Firetower Project Henty Project Gold and Critical Minerals (Co-W) hosted in the prolific Mt Read Volcanics Strategically located highly prospective district-scale carbonate-hosted Zn-Pb-Ag system flynngold.com.au 19 | ASX FG1 Firetower Gold / Critical Minerals Project Firetower Project Advanced Gold plus Critical Minerals Project FIRETOWER PROSPECT Previous drilling delineated gold mineralisation over 350m along strike and up to 150m depth, remaining open at depth and along strike Significant intercepts include 17m @ 5.37g/t Au from 7m Significant cobalt (up to 0.57% Co) and tungsten (up to 0.87% W) mineralisation make this an attractive project to progress Early potential for JORC compliant Mineral Resource flynngold.com.au 21 | ASX FG1 Firetower Project FIRETOWER PROSPECT DRILLING Maiden FG1 diamond drilling program at the Firetower Project completed with one new drillhole and three diamond tail extensions drilled for 496m High-grade gold-cobalt-tungsten-copper mineralisation intersected, including: • 2019FTD007E: • 17.0m @ 2.31g/t Au, 0.16% Co, 0.38% WO3, 0.16% Cu from 121.0 -138.0m, including: • 1.7m @ 6.64g/t Au, 0.12% Co, 0.87% WO3, 0.14% Cu from 121.0m, and • 5.5m @ 3.27g/t Au, 0.24% Co, 0.53% WO3, 0.33% Cu from 132.5m. Latest drilling confirms potential for significant polymetallic gold and critical minerals mineralisation Modelling of updated drilling data indicates key structural controls to polymetallic mineralisation zones at Firetower (Eureka Fault) flynngold.com.au 22 | ASX FG1 Henty Zinc/Lead Project Henty Project Advanced Zinc-Lead-Silver Project Mariposa Grieves Siding RESOURCE DEFINITION TARGETS Myrtle Firewood Siding Blackjacks (Mariposa Extension) ADVANCED/PRIORITY TARGETS Silver King Pyramid Sunny Corner King Billy Grieves South Flynn Gold has walk-up targets at Mariposa and Grieves Siding with drilling permits in place Austral Rose Valley Oceana South Professor Baura Henty North EARLY-STAGE TARGETS MARIPOSA flynngold.com.au GRIEVES SIDING Near-Surface stratiform mineralisation drilled over 800m strike (open). Near-surface stratiform mineralisation drilled over 800m strike (open). DM47: 17.9m @ 17.6% Zn+Pb and 101g/t Ag from 4.1m. ZG107: 13.2m @ 11.5% Zn from 124m, and 8.4m @ 22.4% Zn+Pb from 154.5m. Resource definition ready. Deep drilling indicates extensive system with large discovery potential. 24 | ASX FG1 Tasmania – a Tier-1 Mining Jurisdiction One of the most mineralised places on the planet Significant history of mining, with mining and mineral processing accounting for +60% of the State’s export earnings Remarkable geological diversity with major commodities extracted including gold, copper, lead, zinc, tin, silver, nickel, tungsten, iron ore and coal Henty gold mine, operated by Catalyst Metals Ltd Several world-class mines currently in operation with excellent infrastructure, a stable, flexible and highly skilled workforce and supportive communities Tasmanian Government committed to attracting and facilitating investment in mining and exploration Outstanding opportunities for exploration success Savage River iron ore mine, operated by Grange Resources Ltd flynngold.com.au 25 | ASX FG1 Northeast Tasmania Largely exploring in State Government controlled forestry / plantation areas – active logging operations nearby Simple permitting and exploration approvals system Local geology team – living in the community Supportive local communities and suppliers Low CO2 emissions – Tasmanian power is predominantly from renewable energy (Hydro) sources Trafalgar flynngold.com.au Golden Ridge Brilliant 26 | ASX26 FG1 Important Notice & Disclaimer LISTING RULE 5.23 DISCLOSURE In accordance with Listing Rule 5.23.2, the Company confirms in this subsequent public report that it is not aware of any new information or data that materially affects the information included in any previous market announcements and, in the case of any estimates of mineral resources or ore reserves, that all material assumptions and technical parameters underpinning any estimates in any previous market announcements continue to apply and have not materially changed. For the purposes of Listing Rule 5.23.1, the relevant Company announcements which refer to these exploration results or estimates of minerals are: Date Announcement Title Date Announcement Title 08/11/2024 Significant Exploration Target for Golden Ridge, NE Tasmania+ 11/05/2023 More High-Grade Gold at Trafalgar Prospect, NE Tasmania 28/10/2024 Drilling Underway at Link Zone, Golden Ridge, NE Tasmania* 12/04/2023 Additional Gold Intersections at Trafalgar Prospect, NE Tasmania 16/10/2024 New Gold Vein System Discovery at Grenadier Prospect* 21/03/2023 Trafalgar and Popes Gold Drilling Update, NE Tasmania 16/09/2024 Drilling Hits High-Grade Gold Zone at Golden Ridge, NE Tasmania* 14/02/2023 Trafalgar Gold Discovery Drilling Update, NE Tasmania 23/08/2024 FG1 Secures Strategic EL Application at Beaconsfield NE Tasmania 19/01/2023 Trafalgar - Further Outstanding Gold Results in NE Tasmania 19/07/2024 New High-Grade Gold Discovery at Golden Ridge, NE Tasmania* 19/12/2022 Exploration Update - NE Tasmania 28/05/2024 Up to 67g/t Au Intersected in Drilling at Trafalgar, NE Tasmania 12/12/2022 Outstanding 12.3m @ 16.8g/t Au Intersection at Trafalgar 21/05/2024 64g/t Au in High-Grade Veins at Golden Ridge Adit, NE Tasmania* 24/10/2022 1.2 metres @ 65.9g/t Gold in Trafalgar Drilling, NE Tasmania 18/04/2024 Drilling Underway at Trafalgar High-Grade Gold Prospect 21/09/2022 Further High-Grade Gold Intersections in Trafalgar Drilling 17/04/2024 Multiple New Gold Target Areas Identified at Golden Ridge 24/08/2022 Trafalgar Drilling Accelerated Visible Gold Intersected 26/03/2024 Strike and Depth Potential Identified at Firetower 05/07/2022 Maiden Drill Hole at Trafalgar Intersects 5.4m @ 10.63g/t Au 22/01/2024 High-Grade Au-Co-W Intersected at Firetower, NW Tasmania 25/05/2022 Trafalgar Drilling Commences, Multiple IP Targets Identified 12/01/2024 Drilling Confirms Gold System Near Surface at Warrentinna 19/11/2021 High Grade Gold in Golden Ridge Rock Chips 22/11/2023 94.5% Gold Recovery from Metallurgical Tests at Trafalgar 24/09/2021 FG1 Hits More High-Grade Gold at Brilliant 27/10/2023 High-Grade Au-Co-W Enhances Minerals Potential at Firetower 27/08/2021 First Drill Core Assays Confirm Visible Gold NE Tasmania 10/10/2023 Flynn Records 137.8g/t Au in Drilling at Trafalgar, NE Tasmania 17/06/2021 FG1 Commences Trading on ASX – Exploration Drilling Underway 05/10/2023 Drilling Underway at Warrentinna 15/06/2021 Prospectus 14/09/2023 Drilling Strikes 4.0m @ 23.7g/t Au at Trafalgar, NE Tasmania flynngold.com.au • Each of the announcements above included a Competent Person’s Statement from Sean Westbrook, Michael Fenwick if marked with * or Cael Gniel if marked with + 27 | ASX FG1