Announcement PDF ASX Announcement 11 December 2023 Lithium Project Acquired in Mt. Holland Belt with Multiple Pegmatite Drill Targets Highlights ASX: FG1 • Flynn Gold Limited has secured a binding Option Agreement to acquire two exploration licences at Parker Dome, situated 50km north of the world class Mount Holland lithium project in Western Australia • Historic RAB drilling at Parker Dome targeting gold mineralisation has intersected multiple pegmatite dykes logged over an extensive area, with most holes ending in pegmatite up to 12 metres thick1 • Historic drill holes were not assayed for lithium • Licences fully permitted, allowing for an immediate commencement of exploration and drilling • The Parker Dome licences cover part of the Forrestania-Southern Cross greenstone belt which hosts several other lithium deposits and greatly complements Flynn’s lithium prospects in the region • Key Terms are: ABN 82 644 122 216 CAPITAL STRUCTURE Share Price: A$0.064 Cash (30/09/23): A$2.5M Debt: Nil Ordinary Shares:136.4M Market Cap: A$8.7M Options: 3.4M Performance Rights: 3.7M BOARD OF DIRECTORS • Option Period – 12 months from 8 December 2023; Clive Duncan • Option fee – $25,000 payable in cash; Non-Executive Chair • Consideration on Exercise of Option – $500,000 (60% settled as cash and 40% via the issue of FG1 shares, at FG1’s election), and Neil Marston • Deferred Consideration – $500,000 payable upon the announcement of a JORC Mineral Resource Estimate equivalent to at least 500,000oz Au or 10Mt at 1.0% Li2O, as applicable, and 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 • 1% Net Smelter Royalty on all production from the project • Four additional exploration licence applications lodged over 20km2 within 7km of the Mt Holland lithium project Managing Director and CEO, Neil Marston commented, “We are delighted to have secured an option to acquire two fully permitted exploration licences at Parker Dome, which complement our exciting lithium projects at Forrestania and Lake Johnston in Western Australia. “Historical RAB drilling on these licences have recorded pegmatite in the bottom of multiple holes over an extensive area with thicknesses of up to 12 metres. Significantly, these drill holes were not assayed for lithium. Consequently we intend making a rapid start to exploration activities to test these exciting drill-ready lithium targets.” 1 Refer to WAMEX Reports A62593, A72032 & A69098 and Appendices 1 and 2 of this announcement Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to announce it has entered into a binding Option Agreement to purchase two exploration licences covering 42km2 of ground considered highly prospective for lithium in the Forrestania-Southern Cross greenstone belt in Western Australia. Details of the commercial terms of the Agreement are set out below. Parker Dome Project The licences are located 50km north of the Mount Holland lithium mine and 20km north-east of the Rio lithium deposit held by Zenith Minerals Limited (ASX: ZNC) 2 (see Figure 1). The licences overlie a structurally complex granite-greenstone package, flanking the north-eastern perimeter of the north-westerly elongated ‘ovoid shaped’ gneissic Parker Dome. The licences contain an interlayered mafic/ultramafic/sediment/felsic volcanic package over a strike length of 12km presenting pegmatite lithium targets, sheared mafic/ultramafic contact gold targets and ultramafic nickel targets. Figure 1 - Location of Flynn’s Forrestania and Lake Johnston projects and new acquisitions 2 See ZNC ASX Announcement dated 28 September 2023 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 Pegmatite Drill Targets A number of high priority pegmatite targets have been identified on the licences. An historic program of shallow auger and Rotary Air Blast (RAB) drilling was completed over the area now covered by E77/2091 and E77/1965 in 1998-2000. The drilling targeted gold mineralisation, however, a review of the drilling database has revealed that pegmatites were intercepted at shallow depths in multiple holes within the licences 3. Eight RAB holes drilled on or adjacent to the licences, contain logged intervals of pegmatite (see Table 1). Importantly, six of the eight drill holes ended in pegmatite up to 12 metres thick, indicating potential for greater thicknesses. No lithium or pathfinder assays were undertaken for these intervals and there is no additional information on the pegmatites in the historical reports. The location of the logged pegmatites outline three high-priority target trends within E77/2091 as well as second order targets based on the geology and geophysics as shown in Figure 2. It should be noted that within the Western Pegmatite Trend there is no historic RAB drilling (only very shallow auger drilling) over a strike distance of 1,600 metres between the lines of RAB holes containing JBR140 - 141 and JBR110 - 114. These historic logs therefore show there is significant potential for lithium-bearing pegmatites to be discovered on the licences over a considerable area and at depth. These historic records of pegmatites under shallow cover represent exciting walk-up drill targets for the Company. Figure 2 - Location of Pegmatite Targets on E77/1965 and E77/2091 3 Refer to WAMEX Reports A62593, A72032 & A69098 and Appendices 1 and 2 of this announcement Page 3 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 Table 1: Historic drill holes with logged pegmatite 4 Hole ID East North From To Width End of Hole Total Depth JBR110 759722 6496116 31 34 3 EOH* 34 JBR113 759432 6495837 41 43 2 EOH* 43 JBR114 759488 6495896 19 22 3 JBR140 761083 6495222 7 17 10 JBR141 761053 6495194 12 14 2 JBR141 761053 6495194 18 26 8 EOH* 26 JBR181 762295 6494165 43 45 2 EOH* 45 JBR296 763006 6496066 38 50 12 EOH* 50 JBR297 763066 6496122 4 10 6 54 EOH* 17 26 22 *six of the eight holes ended within logged pegmatite, coordinates are GDA 94 MGA Zone 50 Site Visit Identifies Additional Holes with Pegmatite A brief reconnaissance field trip to the project in November 2023 confirmed the presence of pegmatite drill chips (see Figure 3 and 4) in seven of the eight historic RAB drill holes which contained logged pegmatite intervals as mentioned above (Table 1). Drill chips from hole JBR181 could not be observed due to clearing adjacent to the Mt Day Road. In addition, the field trip identified a further five RAB holes where pegmatite was observed in the drill chip spoil piles, although not recorded in the historical reports. The additional holes include JBR112, JBR115, JBR117, JBR182 and JBR186, which are all located adjacent to those holes with logged pegmatite (Figure 5), further enhancing the prospect scale. The thickness and depths of these intersections could not be established due to poor preservation of the old drill spoil piles. Due to the age, poor preservation of spoil piles, strong weathering and the shallow nature of the RAB drilling, a new drill program will be designed to evaluate the potential of these pegmatite targets. Figure 3 - Example of weakly weathered pegmatite drill chips observed in historic drill hole JBR296 (left), and strongly weathered pegmatite from historic drill hole JBR140 (right) 4 Refer to WAMEX Reports A62593, A72032 & A69098 and Appendices 1 and 2 of this announcement Page 4 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 4 - Weathered pegmatite drill chips from historic drill hole JBR110 (left), and weakly sericitic pegmatite drill chips from historic drill hole JBR117 (right) Figure 5 - Parker Dome project – drill hole location plan with hole collars containing pegmatite in historic drill holes highlighted In addition to the acquisition of the 2 licences under the Parker Dome option agreement, Flynn has also increased its land position closer to the Mt Holland lithium project. Four new uncontested exploration licence applications (E77/3139 - E77/3142) covering approximately 20km2 have been lodged with the Department of Mines Industry Regulation and Safety (DMIRS) (see Figure 1). The nearest of these tenement applications is just 7km ESE of the open pit at the Mount Holland lithium project. Page 5 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 Next Steps The Company intends to immediately commence exploration activities on the Parker Dome licences, including: • Field reconnaissance, geological mapping and soil sampling; • Permitting activities with DMIRS to enable drilling; • Aircore/RC drilling of lithium pegmatite targets, and • Re-processing and interpretation of a 2018 SkyTEM survey. With excellent site access from the Mt Day Road (Figure 5), the Company expects to commence drilling at Parker Dome in early 2024. Option Agreement - Commercial Terms Tenements E77/1965-I and E77/2091-I registered in the name of IMD Gold Mines Limited. Option Period The Option Period is for a period of 12 months from the date of signing of the formal Option Agreement (8 December 2023). Option Fee Upon signing of the Option Agreement, a non-refundable Option Fee of $25,000 is payable within 5 business days. Option Exercise Flynn may exercise the Option at any time during the Option Period by payment of the Initial Consideration. Flynn will acquire the rights to all minerals except iron ore. Initial Consideration Upon exercise of the Option by Flynn, a total payment of $500,000 will be made, of which $300,000 will be paid in cash and $200,000 will be paid in cash, or shares, at Flynn’s election (based on a 10-day volume weighted share price and subject to shareholder approval). Deferred Consideration $500,000 (to be partly or fully settled via the issue of FG1 shares, at FG1’s election) upon the announcement by FG1 of a Lithium/Gold/Nickel Mineral Measured and Indicated JORC Resource Estimate equivalent to at least 500,000oz Au (at a cutoff grade of 0.5g/t Au, or 0.5% Ni) or 10Mt at 1.0% Li2O, as applicable (at a cutoff grade of 0.5% Li2O). Royalty Royalty of one percent (1.0%) net smelter return (NSR) royalty from the sale of any mineral ore extracted (excluding Iron Ore), produced and sold from the Tenements to be retained from Settlement. 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 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 Ben Creagh Media & Investor Relations +61 (0) 417 464 233 benc@nwrcommunications.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 6). The Company has nine 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 6: Location Plan of Flynn Gold projects Page 7 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 Competent Person Statement The information in this ASX Announcement that relates to Exploration Results is based on information compiled by Mr David Archer, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr Archer is a consultant to Flynn Gold. Mr Archer 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 Archer 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 8 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 Appendix 1 Table 1 – Parker Dome Historic Drill Holes – Geological Drill Hole Logs Containing Intervals of Logged Pegmatite (WAMEX A69098 and A72032) Hole_ID MGA_E MGA_N From To Width End of Hole Total Depth Rock Code WAMEX Report JBR110 759722 6496116 31 34 3 EOH* 34 Fgp A72032 & A69098 JBR113 759432 6495837 41 43 2 EOH* 43 Fs# A72032 & A69098 JBR114 759488 6495896 19 22 3 54 Fgp A72032 & A69098 JBR140 761083 6495222 7 17 10 17 Fgp A72032 & A69098 JBR141 761053 6495194 12 14 2 26 Fgp A72032 & A69098 JBR141 761053 6495194 18 26 8 EOH* 26 Fgp A72032 & A69098 JBR181 762295 6494165 43 45 2 EOH* 45 Fgp A72032 & A69098 JBR296 763006 6496066 38 50 12 EOH* 50 Fgp A72032 JBR297 763066 6496122 4 10 6 22 Fgp A72032 * EOH* six of the eight holes ended within logged pegmatite, #Interval logged as Fs (felsic saprolite) with quartz, muscovite, biotite and clay (possible weathered pegmatite) Notes: • Table contains all drill holes from WAMEX reports A69098 and A72023 which contain pegmatite logging code Fgp as the main rock type, or in the case of JBR113 as Fs (felsic saprolite) with quartz, muscovite, biotite and clay (interpreted possible weathered pegmatite) • Holel location and orientation information coordinates are GDA94 MGA Zone 50, AHD RL. • See Appendix 1 for additional details. Table 2 – Parker Dome Historic Drill Holes – Collar Data (WAMEX A69098 and A72032) Hole ID MDA1 MDA2 MDA3 MDA4 MDA5 MDA6 MDA7 JBR001 JBR002 JBR003 JBR004 JBR005 JBR006 JBR007 JBR008 JBR009 JBR010 JBR011 JBR012 JBR013 JBR014 JBR015 JBR016 JBR017 JBR018 JBR019 JBR020 JBR021 JBR022 JBR023 JBR024 East North Elevation 770879.7 770950.1 771020.6 771091.0 771161.5 771231.9 771302.3 757921.1 757965.1 758024.1 758080.1 758139.1 758197.1 758256.1 758313.1 758372.1 758404.1 758436.1 758498.1 758553.1 758616.1 758671.1 758732.1 758792.1 758845.1 758906.1 758966.1 759026.1 759081.1 759142.1 759201.1 6485917.6 6485989.3 6486061.0 6486132.7 6486204.4 6486276.2 6486347.9 6498555.1 6498598.1 6498656.1 6498717.1 6498772.1 6498829.1 6498886.1 6498944.1 6499004.1 6499034.1 6499064.1 6499126.1 6499182.1 6499240.1 6499301.1 6499358.1 6499424.1 6499473.1 6499534.1 6499592.1 6499647.1 6499708.1 6499766.1 6499826.1 464.7 464.1 463.2 461.9 460.7 459.4 458.1 406.3 406.4 406.4 406.4 406.5 406.6 406.6 406.7 406.7 406.7 406.8 406.8 406.9 406.9 406.9 407.0 407.0 407.1 407.1 407.2 407.8 408.8 409.8 410.9 Total Depth 18 18 7 18 12 15 12 41 39 36 43 53 49 66 51 22 14 30 59 63 46 36 33 39 47 38 38 46 37 41 31 Dip Azimuth Company -90 -90 -90 -90 -90 -90 -90 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 0 0 0 0 0 0 0 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW Hole Type Aircore Aircore Aircore Aircore Aircore Aircore Aircore RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB 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 Drill Company Wallis Wallis Wallis Wallis Wallis Wallis Wallis Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Hole ID JBR025 JBR026 JBR027 JBR028 JBR029 JBR030 JBR031 JBR032 JBR033 JBR034 JBR035 JBR036 JBR037 JBR038 JBR039 JBR040 JBR041 JBR042 JBR043 JBR044 JBR045 JBR046 JBR047 JBR048 JBR049 JBR050 JBR051 JBR052 JBR053 JBR054 JBR055 JBR056 JBR057 JBR058 JBR059 JBR060 JBR061 JBR062 JBR063 JBR064 JBR065 JBR066 JBR067 JBR068 JBR069 JBR070 JBR071 JBR072 JBR073 JBR074 JBR075 JBR076 JBR077 JBR078 JBR079 JBR080 JBR081 JBR082 JBR083 JBR084 JBR085 JBR086 JBR087 JBR088 JBR089 East North Elevation 759262.1 757176.1 757207.1 757235.1 757265.1 757293.1 757351.1 757384.1 757528.1 757587.1 757644.1 757701.1 757732.1 757763.1 757794.1 757818.1 757852.1 758486.4 758529.7 758589.9 758652.7 758711.4 758769.8 758832.6 758888.5 758945.0 759003.4 759061.4 759119.0 759178.5 759242.3 759300.8 758440.3 759538.0 759572.4 759635.8 759696.9 759749.5 759806.4 759865.9 759919.2 759973.0 760036.2 760093.5 760156.9 759500.8 760056.3 760108.0 760168.2 760223.3 760281.2 760336.5 760394.2 760447.2 760504.6 760561.3 760623.7 760675.2 760729.1 760788.8 760843.8 760854.1 760898.8 760954.9 761013.1 6499883.1 6497817.0 6497843.0 6497875.0 6497905.0 6497930.0 6497991.0 6498019.0 6498162.0 6498221.1 6498285.1 6498343.6 6498369.2 6498401.0 6498432.2 6498457.4 6498486.3 6497992.3 6498037.9 6498096.6 6498161.2 6498218.4 6498277.7 6498334.5 6498391.9 6498451.6 6498505.5 6498562.4 6498623.1 6498679.2 6498745.4 6498803.2 6497945.3 6496940.1 6496992.3 6497056.9 6497126.8 6497190.2 6497254.9 6497324.3 6497389.9 6497459.4 6497527.1 6497593.8 6497670.1 6496889.2 6496445.4 6496508.3 6496561.1 6496616.0 6496673.3 6496729.3 6496787.9 6496846.2 6496897.6 6496959.7 6497008.9 6497067.4 6497122.6 6497183.0 6497235.5 6497246.6 6497295.4 6497350.3 6497410.3 411.9 396.5 397.0 397.6 398.1 398.6 399.7 400.3 403.0 404.1 405.3 406.1 406.2 406.2 406.2 406.2 406.3 410.0 410.8 411.1 411.2 411.2 411.3 411.3 411.4 411.4 411.5 411.5 411.6 411.6 411.7 411.7 409.1 409.2 410.1 411.3 412.5 413.6 414.7 415.9 417.1 418.2 419.5 420.0 420.0 408.4 401.0 402.1 403.1 404.0 405.0 406.0 407.1 408.1 409.1 410.4 411.5 412.7 413.9 415.1 416.3 416.5 417.5 418.7 419.9 Total Depth 38 12 12 6 7 22 4 1 7 1 9 18 6 13 8 5 23 31 41 37 42 47 62 60 40 62 47 49 53 95 77 90 25 43 37 33 68 70 51 62 69 109 63 71 40 25 32 53 41 59 53 45 60 62 80 16 76 58 68 39 2 52 74 112 78 Dip Azimuth Company -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW Hole Type RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB Page 10 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 Drill Company Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Hole ID JBR090 JBR091 JBR092 JBR093 JBR094 JBR095 JBR096 JBR097 JBR098 JBR099 JBR100 JBR101 JBR102 JBR103 JBR104 JBR105 JBR106 JBR107 JBR108 JBR109 JBR110 JBR111 JBR112 JBR113 JBR114 JBR115 JBR116 JBR117 JBR118 JBR119 JBR120 JBR121 JBR122 JBR123 JBR124 JBR125 JBR126 JBR127 JBR128 JBR129 JBR130 JBR131 JBR132 JBR133 JBR134 JBR135 JBR136 JBR137 JBR138 JBR139 JBR140 JBR141 JBR142 JBR143 JBR144 JBR145 JBR146 JBR147 JBR148 JBR149 JBR150 JBR151 JBR152 JBR153 JBR154 East North Elevation 761071.3 761129.1 761185.6 761242.6 761299.9 761356.1 760019.3 759956.5 759890.3 759836.8 759065.3 759121.0 759182.5 759240.7 759298.2 759361.6 759417.9 759473.3 759528.9 759781.6 759722.3 759317.8 759379.5 759431.8 759488.2 759547.6 759604.8 759662.1 760601.6 760673.0 760702.0 760749.1 760792.0 760841.2 760899.1 760953.6 761001.3 761053.2 761102.5 761146.2 761191.7 761227.1 761273.2 761334.3 761402.1 761468.5 760791.6 760847.6 761178.6 761147.8 761083.4 761052.6 760993.3 760929.0 760873.7 761232.3 761294.1 761322.7 761352.9 761382.0 761409.5 761469.8 761524.5 761585.5 761645.8 6497468.1 6497531.2 6497585.8 6497644.4 6497704.2 6497760.7 6496413.7 6496351.1 6496287.9 6496232.6 6497446.4 6497502.3 6497563.4 6497617.4 6497671.8 6497733.9 6497790.2 6497848.7 6497902.9 6496175.0 6496116.4 6495721.6 6495780.5 6495836.5 6495896.1 6495951.9 6496007.1 6496059.2 6495800.8 6495868.5 6495908.9 6495977.5 6496042.5 6496099.5 6496160.1 6496224.8 6496294.1 6496362.1 6496434.3 6496504.4 6496573.7 6496647.8 6496718.6 6496773.6 6496823.4 6496865.9 6494933.2 6494986.4 6495316.3 6495285.7 6495221.5 6495194.0 6495130.5 6495075.6 6495015.5 6495377.6 6495436.1 6495464.8 6495494.8 6495522.5 6495550.8 6495610.6 6495667.6 6495724.1 6495786.3 421.1 422.5 423.6 424.8 426.1 426.2 400.4 399.3 398.2 397.2 409.9 411.0 412.1 413.2 414.2 415.4 416.1 416.1 416.1 396.2 395.1 390.1 390.1 390.2 391.2 392.2 393.2 394.1 403.5 403.5 403.4 403.2 403.0 403.0 402.9 402.8 402.8 403.8 404.9 405.8 406.7 407.6 408.5 409.6 410.7 411.8 412.3 412.3 412.5 412.5 412.5 412.5 412.5 412.3 412.3 412.4 412.4 412.4 412.4 412.4 412.4 412.4 412.4 412.4 412.3 Total Depth 73 81 56 50 27 33 47 34 52 57 40 75 87 55 65 51 84 48 26 63 34 56 44 43 54 57 42 52 28 34 20 27 35 30 46 68 47 41 50 23 69 63 81 78 76 59 61 43 5 78 17 26 49 47 38 3 3 12 7 8 26 39 32 49 48 Dip Azimuth Company -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW Hole Type RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB Page 11 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 Drill Company Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Kennedy Hole ID JBR155 JBR156 JBR157 JBR158 JBR159 JBR160 JBR161 JBR162 JBR163 JBR164 JBR165 JBR166 JBR167 JBR168 JBR169 JBR170 JBR171 JBR172 JBR173 JBR174 JBR175 JBR176 JBR177 JBR178 JBR179 JBR180 JBR181 JBR182 JBR183 JBR184 JBR185 JBR186 JBR187 JBR188 JBR189 JBR190 JBR191 JBR192 JBR193 JBR194 JBR195 JBR196 JBR197 JBR198 JBR199 JBR200 JBR201 JBR202 JBR203 JBR204 JBR205 JBR206 JBR207 JBR208 JBR209 JBR210 JBR211 JBR212 JBR213 JBR214 JBR215 JBR216 JBR217 JBR218 JBR219 East North Elevation 761701.2 761761.2 761817.8 761874.1 761938.3 761986.5 762047.3 762093.8 762165.4 762212.2 762800.3 762737.8 762672.3 762608.3 762541.8 762483.4 762418.2 762356.6 762293.9 764085.1 764143.1 764203.1 764289.1 764347.2 764404.2 764438.2 762295.1 762237.1 762181.1 762118.1 762064.1 762355.1 762413.1 762470.1 762528.1 762603.1 762664.1 762724.1 762782.1 762841.1 762901.1 762959.1 763021.1 763080.1 763138.1 759594.5 759654.7 759713.2 759767.2 759822.2 759876.6 759926.5 759988.4 760044.5 760107.7 760163.5 760219.0 760279.3 760340.4 759008.2 758945.3 758915.4 758888.6 758831.8 758772.1 6495840.9 6495899.1 6495955.8 6496013.2 6496062.9 6496122.8 6496180.1 6496248.2 6496291.6 6496351.1 6496933.5 6496868.3 6496804.3 6496742.3 6496675.7 6496616.0 6496554.4 6496489.6 6496437.7 6493420.0 6493477.0 6493536.0 6493623.0 6493681.0 6493736.0 6493767.0 6494165.0 6494105.0 6494049.0 6493989.0 6493933.0 6494224.0 6494282.0 6494337.0 6494397.0 6494434.0 6494494.0 6494553.0 6494612.0 6494671.0 6494729.0 6494787.0 6494843.0 6494907.0 6494965.0 6497969.1 6498028.4 6498083.1 6498140.0 6498195.1 6498249.7 6498308.9 6498360.4 6498416.9 6498474.0 6498530.6 6498589.7 6498646.1 6498705.7 6497387.8 6497324.6 6497294.9 6497264.7 6497207.2 6497139.7 412.3 412.3 412.3 412.8 413.9 414.9 416.0 416.9 418.1 419.0 427.0 426.7 426.4 426.0 424.9 423.9 422.7 421.6 420.5 408.2 409.1 410.1 411.5 412.4 413.3 413.8 414.3 414.4 414.4 414.4 414.4 414.3 414.3 414.2 414.2 414.0 414.0 414.0 414.0 413.9 413.9 413.9 414.7 415.7 416.6 416.2 416.2 416.3 416.3 417.3 418.3 419.1 420.0 420.0 420.0 420.0 420.0 420.0 420.0 408.8 407.6 407.1 406.5 405.5 404.3 Total Depth 81 94 55 22 42 51 72 73 86 82 50 53 84 103 86 79 86 107 113 13 11 10 13 15 30 37 45 47 39 48 39 32 54 12 10 10 9 29 46 60 43 49 42 59 42 44 27 37 40 59 48 67 57 71 57 80 46 46 37 18 18 11 26 39 31 Dip Azimuth Company -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 270 SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW SGW Hole Type RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB RAB R