Announcement PDF ASX Announcement 20 April 2023 ASX: FG1 Quarterly Activities Report 31 December 2025 Page 2 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Highlights Exploration – Golden Ridge Project, NE Tasmania • Further diamond drilling completed with nine holes drilled for 670 metres at the Double Event Prospect. Results reported during the quarter for the Double Event and Grenadier Prospects returned shallow, high-grade gold mineralisation with best assays including: o EVDD006: 2.5m @ 6.3g/t Au from 37.3m, including 0.3m @ 22.2g/t Au and 0.25m @ 35.1g/t Au o EVDD003: 1.8m @ 1.9g/t Au from 43.2m, including: 0.3m @ 9.9g/t Au o GNDD006: 1.4m @ 5.2g/t Au from 26.0m, including: 0.42m @ 12.7g/t Au • Drilling results confirm the regional granodiorite-sediment contact as a significant exploration target with high-grade gold mineralisation identified over 9km of contact. • Evaluation of all new data currently underway, together with petrology and structural analysis, to assist in planning 2026 drilling programs. • Review of open pit mining potential also commenced in light of record gold prices. Exploration – Other Tasmanian Projects • Mangana Gold Project – Flynn’s first-ever diamond drilling program commenced with the initial 2-hole program extended with a third hole in progress at the end of the quarter. • Firetower Gold-Tungsten-Cobalt Project – Ongoing re-sampling and assaying of historical drill core program yielded wide, high-grade gold-tungsten intercepts including: o GP-90-10: 17m (7-24m) @ 4.1g/t Au, 0.21% WO3 and 0.04% Co, including: 6m @ 9.27g/t Au, 0.59% WO3 and 0.08% Co from 7m, including: 3m @ 17.20g/t Au, 1.10% WO3 and 0.02% Co from 10m o 2019FTD007E: 17m (121-138m) @ 2.3g/t Au, 0.73% WO3 and 0.16% Co – a 92% increase in tungsten assay when samples were re-assayed using a more accurate laboratory method. • Henty Silver-Lead-Zinc Project – Drilling approval received at the historical Silver King, South King and Zeehan Bell mines. Drilling planned to commence in Q1 2026. Corporate • $3M Rights Issue completed in October 2025 with an additional $2M Placement undertaken to accommodate significant demand from new domestic and international institutional investors. • The Company’s cash position at 31 December 2025 was $3.453 million. JOIN FLYNN GOLD’S INTERACTIVE INVESTOR HUB to receive announcements and updates and to interact with the Company by asking questions or making comments which our team will respond to where possible Page 3 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to report on its activities for the quarter ending 31 December 2025. Flynn is an Australian mineral exploration company which is focused on unlocking the potential of its extensive portfolio of gold, silver and critical minerals projects in Tasmania. The Company has ten 100%-owned tenements in north-east Tasmania which are highly prospective for gold as well as tin-tungsten, including the advanced Golden Ridge Project where Flynn has made a substantial high-grade intrusive-related gold discovery over a 9km long zone. The Company also holds the Henty Silver-Lead-Zinc Project located on Tasmania’s mineral-rich west coast and the Firetower gold and critical metals project located in north-western Tasmania. Henty sits outside the mining town of Zeehan, which represents one of Australia’s most famed silver mining districts. Exploration –Tasmania During the December 2025 Quarter, the Company’s exploration activities in Tasmania were primarily focused on the Golden Ridge and Mangana Projects in north-east Tasmania (Figure 1). Figure 1 – Location of Flynn Gold tenements in NE Tasmania. Page 4 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Golden Ridge Project – NE Tasmania The Golden Ridge Project consists of multiple prospects and historical gold workings along a nine-kilometre-long intrusive granodiorite-hornfels metasediment contact zone where Flynn is actively exploring to identify and test multiple targets, with the aim of making further discoveries (Figure 2). The Company’s ongoing work at Golden Ridge is continuing to identify and test multiple targets, increasing confidence in known areas of high-grade gold mineralisation and confirming the potential for Golden Ridge to be a large-scale gold discovery. Figure 2 – Flynn Gold’s Golden Ridge Project, NE Tasmania, showing prospect areas. Grenadier Prospect Phase 1 Drilling The Phase 1 diamond drilling program at the Grenadier Prospect was completed in early September 2025 and comprised a total of seven diamond drill-holes (GNDD001-GNDD007) for a total of 874m of drilling. Page 5 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 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 (Figure 3). 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 3 – Grenadier Prospect plan view with diamond drilling, trench excavations and rock-chip samples. Page 6 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Drill-hole GNDD006 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 4). 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 Figure 4 – Cross-section through GNDD001, GNDD002 and GNDD006 highlighting structural continuity and association of gold in quartz-sulphide veins with mafic dykes. Page 7 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 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 are interpreted to be part of a broader intrusive igneous system with deep-seated roots. 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. Next Steps Follow-up work at the Grenadier prospect is expected to include: 1. Additional trenching to cover soil anomalies to south and south-east; 2. Additional trenching to extend Trench 16 to the south/south-east, and 3. Ground reconnaissance to the under-explored area south-west of Vein G3. Double Event Prospect The Double Event Prospect is located approximately 1km north of Flynn’s high-grade Trafalgar Prospect, along the same granodiorite-metasediment contact (Figure 2). Historical gold workings at Double Event were first recorded in Tasmanian Government reports from 18991 , which describe a steeply north-dipping quartz vein hosted within weathered granite. The vein was reported to widen to 0.6-0.9m in places and returned grades of up to 4.3oz/t (~133.7g/t Au)2 from the bottom of a 60-foot (18m) shaft. Historical workings at Double Event include the main shaft and a north-driven adit intersecting the reef at ~21m below surface. Phase 1 Drilling Program The maiden diamond drilling program at the Double Event Prospect comprised nine diamond drillholes (EVDD001-EVDD009) for a total of 670m. The program consisted of a series of short, closely spaced holes designed to test the high-grade quartz-sulphide veins reported in historical records and confirmed in recent trenching. This close spacing was intended to assess the trend, plunge and strike continuity of high-grade gold mineralisation. Drilling successfully intersected the target vein structures in every hole, confirming the presence of significant gold mineralisation to a depth of at least 72m below surface. The program has defined two significantly mineralised discrete quartz veins within a broader ~30m wide corridor that also contains additional sub-parallel quartz sulphide veins and veinlets (Figure 5). 1 Ref: Report on Gold Mines near Hogans Track, W.H. Twelvetrees, Oct 1899 (MRT Report – O/S 144) 2 The Double Event historical assay results are drawn from historical government records (refer ASX Announcement 26 November 2025 for details). These figures are considered historical 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). Page 8 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Significant results included: • EVDD006: 2.5m @ 6.3g/t Au from 37.3m, including 0.3m @ 22.2g/t Au and 0.25m @ 35.1g/t Au • EVDD003: 1.8m @ 1.9g/t Au from 43.2m, including 0.3m @ 9.9g/t Au • EVDD001: 1.1m @ 2.9g/t Au from 32.79m, including 0.55m @ 5.1g/t Au • EVDD002: 0.4m @ 7.0g/t Au from 53.7m Untested targets and opportunity for sub-parallel mineralisation Drilling completed to date tested beneath Trenches 1, 4, 5, 6 and 7, which represents approximately 80m of the confirmed 275m strike length of surface mineralisation. High-grade intervals exposed in Trenches 8 and 9 remain untested by drilling and represent immediate priority targets for follow-up programs (Figure 5). In addition to drilling, new rock-chip sampling from earthworks and the northern extents of the trenching area indicate the potential for additional high-grade quartz sulphide veins immediately north of the current drilling and trenching area. Figure 5 – Double Event Prospect, Golden Ridge – Trench Area Plan showing latest drilling results. Page 9 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 6 – Double Event Prospect, Golden Ridge – Cross-section through EVDD006 and EVDD007. Mineralisation at Double Event is spatially associated with: • Gold-in-soil anomalism defined by project-wide ultra-fine fraction soil sampling. • High-grade float rock chip samples. • Quartz-sulphide veining exposed in areas where trenches have been excavated. • Structural positioning adjacent to the Golden Ridge Granodiorite contact. Page 10 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 These features define a 1km prospective corridor linking Double Event in the north to Trafalgar North and Trafalgar in the south along the eastern margin of the Golden Ridge Granodiorite. This corridor remains largely untested and is strongly anomalous in UFF soil sampling, highlighting the potential for repetitive sub-parallel mineralised vein sets between the known prospects. Next Steps Follow-up work at the Double Event prospect is expected to include: • Additional trenching to test for further sub-parallel mineralisation; and • Further geological modelling to integrate the mineralisation within the Golden Ridge exploration target model. Golden Ridge – In-fill Soil Sampling Soil sampling at the Golden Ridge Project has been progressively undertaken since a successful trial of the Ultrafine+ (UFF+) analytical technique initiated in May 20223 . The current in-fill soil program is designed to follow-up anomalous gold and arsenic-in-soil results generated from previous campaigns and provide improved resolution and trend definition across priority areas. The in-fill program comprises north-south soil lines spaced between existing 200m spaced lines with samples collected every 50m along each in-fill line between the Trafalgar North and Big Penny Prospects (Figure 7). These new lines in-fill the eastern contact area, where earlier sampling delineated the Big Penny anomaly in the north-east of the project and highlighted a continuous corridor of anomalous gold- in-soil extending for over 2km along the eastern granodiorite-metasediment contact, which includes the Double Event, Trafalgar North and Trafalgar prospects. Results from the in-fill sampling have confirmed earlier anomalies and further refined several target areas. These results provide additional support for the potential of multiple mineralised zones between Trafalgar, Trafalgar North, Double Event and Big Penny, consistent with the broader intrusive- related gold system architecture identified at Golden Ridge. In addition to in-fill sampling along the eastern granodiorite-metasediment contact, a smaller soil campaign was completed to follow up elevated gold-silver-arsenic-lead results recorded along the southern margin of the Poimena Granite, which neighbours the Golden Ridge Granodiorite to the north (Figure 7). Results received to date have confirmed elevated arsenic, lead and silver values, with additional sample lines still pending (Figure 8). Elevated As-Pb-Ag response is a common pathfinder signature for intrusive-related gold systems (IRGS), and although at an early stage, these results highlight the potential for further systematic exploration along the margins and within the Poimena Granite to test this emerging concept. 3 See FG1 ASX Announcement dated 25th May 2022 for full details Page 11 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 7 – Golden Ridge Trafalgar Area Gold-in-Soils (UFF+) Map Page 12 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 8 – Golden Ridge Trafalgar Area Arsenic-in-Soils (UFF+) Map. Page 13 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 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 2). 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 Au4 , 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 Ridge5 . 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. 4 See FG1 ASX Announcement dated 19th March 2025 for full details. 5 See FG1 ASX Announcement dated 14th November 2024 for full details. Page 14 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 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 9) 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 9 – 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 15 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Golden Ridge – Next Steps and Current Activities The Company is currently in the process of evaluating all the new data generated from recent drilling and sampling program, including recently completed petrology work combined with a study being undertaken on the structural controls of gold mineralisation. These studies should assist in targeting drilling programs in 2026. Geological & resource modelling to date has focused on the high-grade veins only, excluding the broader but lower grade gold zones in the sediments. With the gold price now at all-time highs, the open pit mining potential of the Golden Ridge Project will be re-assessed. Mangana Gold Project – NE Tasmania Drilling commenced at the Mangana Project, which is located approximately 25km south-west of the Golden Ridge Project in November 2025 (Figure 1). Two diamond drill holes, co-funded up to $60,000 by the Tasmanian State Government under their Exploration Drilling Grants Initiative, were planned to test for high-grade gold mineralisation beneath the historical workings at the Golden Entrance Mine in a zone that has not been previously drill tested.6 To the end of the quarter, two drill holes were successfully completed and the program was extended with a third drill hole in progress. The program re-commenced in early January 2026. Full details of the drilling program will be released with the assay results when they are received in 2026. Firetower Project – NW Tasmania The Firetower Project (EL26/2004) is located in northwest Tasmania, Australia, and covers an area of 62 square kilometres (see Figure 10). The project lies in the north-eastern end of the highly mineralised Mt Read volcanic sequence, which hosts major polymetallic base metals and gold deposits such as Hellyer and Rosebery, copper-gold deposits such as Mt Lyell and the Henty gold mine. Historical exploration in the Firetower Project area, beginning in the 1970s, has largely been gold focused. Anomalous cobalt and tungsten were noted by previous explorers but generally not followed up due to the gold-focused exploration models applied at the time. The polymetallic Au-Co-W-Cu mineralisation at Firetower is currently defined by historical drilling over a strike length of 200m and remains open along a highly prospective 6km-long trend between the Firetower West and Firetower East prospects. During the quarter, Flynn reported significant assay results from its program of re-sampling historical drill core for critical metals, mainly cobalt and tungsten (Figure 11 and Figure 12). The new assay results were derived from quarter-core sampling of the remaining TT46 or NQ half-core kept at the Department of State Growth core storage facility in Hobart. 6 6 See FG1 ASX Announcement dated 29th August 2025 for full details Page 16 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 The re-sampling and assaying of this historical drill core yielded wide, high-grade gold-tungsten intercepts from near surface including: GP-90-10 • 17m (7-24m) @ 4.1g/t Au, 0.21% WO3 and 0.04% Co, including o 6m @ 9.27g/t Au, 0.59% WO3 and 0.08% Co from 7m, including o 3m @ 17.20g/t Au, 1.10% WO3 and 0.02% Co from 10m FTD041 • 1.4m @ 2.23g/t Au, 0.58% Co, 1.31% WO₃ and 0.07% Cu from 221.1m, within a broader interval of: o 10.0m @ 0.62g/t Au, 0.22% Co, 0.29% WO₃ and 0.08% Cu from 216.0m Figure 10 – Location of Flynn Gold tenements in NW Tasmania. Page 17 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Additionally, pulps from drill hole 2019FTDD007E were sent for re-assay using the lithium borate fusion followed by X-ray fluorescence process (XRF15b method), which provides a total digest suitable for scheelite and other tungsten-bearing minerals, thereby enabling more accurate determination of tungsten grades in mineralised zones. The use of this enhanced analytical technique on the pulps from 2019FTDD007E delivered a 92% increase in the tungsten assay from 0.38% WO3 to 0.73% WO3 over a 17-metre interval: 2019FTD007E • 17m (121-138m) @ 2.3g/t Au, 0.73% WO₃, 0.16% Co and 0.16% Cu including: o 1.7m @ 6.64g/t Au, 1.08% WO3, 0.13% Co and 0.14% Cu from 121.0m o 3.8m @ 2.18g/t Au, 0.88% WO3, 0.27% Co and 0.10% Cu from 126.2m, and o 5.5m @ 3.27g/t Au, 0.61% WO3, 0.24% Co and 0.33% Cu from 132.5m Assays from additional re-sampled historical drill core were pending at the end of the quarter. The Company is targeting the delivery of a Mineral Resource Estimate for the Firetower Project in H1 CY2026. Figure 11 – Cross-Section with preliminary 3D model of the Firetower Prospect (looking east). Page 18 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 12 – Firetower Prospect Drill Hole Location Plan. Henty Silver-Lead-Zinc Project – NW Tasmania The Company holds two Exploration Licences adjacent to the historic mining town of Zeehan (Figure 13). At Zeehan, silver-lead-zinc mineralisation is typically hosted as narrow but high-grade fissure veins distal to tin granites. Many historical high-grade silver-lead mines occur within EL3/2018 where the Company undertook some limited reconnaissance sampling of five historic workings early in 20257 (Figure 13). During the quarter, the Company received approval from Mineral Resources Tasmania (MRT) to undertake diamond drilling at the historic Silver King, South King and Zeehan Bell mines. 7 See FG1 ASX Announcement dated 19 February 2025 for full details Page 19 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 The Company plans to commence the drilling program in Q1 of 2026 which once commenced will be the first drilling to be completed at these mines since 1947. Figure 13 – Zeehan Area 2025 Sampling Results. Exploration – Western Australia Flynn Gold has four projects in Western Australia, strategically located in districts that host large gold and lithium deposits or in districts that the Company considers relatively under-explored for gold-lithium (Figure 14). During the quarter, no field work was undertaken on any of these projects. Page 20 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 14 – Location Plan of Flynn Gold Projects. Corporate Renounceable Rights Issue In October 2025 Flynn completed a one-for-three renounceable rights issue (“Rights Issue”) at an issue price of 2.3 cents per share to raise $3 million (before costs). For every two new shares subscribed, Eligible Shareholders received one free attaching option with an exercise price of 4 cents per option, expiring 30 months from the date of issue. To accommodate the significant demand from new domestic and international institutional investors, the Company also completed a placement to raise an additional $2 million, on the same terms as the rights issue (Follow-on Placement). In total the Company issued 217,338,826 new fully-paid ordinary shares at the rights issue offer price of 2.3 cents and 108,669,454 one for two free attaching options exercisable at $0.04, with an expiry date of 14 April 2028 (Options). The Options are quoted under the ASX code FG1OA. Funds raised through the Rights Issue and Follow-on Placement totalled $4,998,793 (before costs), which will be used to advance the Company’s gold, silver and critical metals exploration programs in Tasmania. Page 21 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Cash Position The Company’s cash position at 31 December 2025 was $3.453 million. Summary of expenditure The Company’s major cashflow movements for the quarter included: • Exploration & Evaluation expenditure - $1,079k; • Employee costs - $131k; and • Administration and corporate costs - $234k. Payments to related parties of the entity and their associates In the December quarterly Appendix 5B, the figure of $194k as disclosed in section 6.1 and 6.2 relates to salaries and fees (including superannuation) paid to directors and their associates during the quarter. Approved by the Board of Flynn Gold Limited. 29 January 2026 For further information or to post questions go to the Flynn Gold Investor Hub at https://flynngold.com.au/link/r69M0e For more information: Neil Marston Chief Executive Officer +61 3 9692 7222 info@flynngold.com.au Nicholas Read Media & Investor Relations +61 (0) 419 929 046 nicholas@readcorporate.com.au Page 22 of 22 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Interests in Mining Tenements The Company holds a granted beneficial interest in the following tenements as at 31st December 2025: References ASX Announcement 12 December 2022 - Outstanding 12.3m @ 16.8g/t Au Intersection at Trafalgar ASX Announcement 14 November 2024 - Exploration Target for Golden Ridge, NE Tasmania ASX Announcement 19 February 2025 - High-Grade Silver-Lead at Henty Project, Western Tasmania ASX Announcement 1 October 2025 - High-Grade Gold-Cobalt-Tungsten Identified in Historical Drillcore ASX Announcement 14 October 2025 - Upsized $5.0 Million Raising to Accelerate Exploration ASX Announcement 30 October 2025 - Shallow High-Grade Gold-Tungsten-Cobalt at Firetower Project ASX Announcement 3 November 2025 - High-Grade Gold in Near Surface Drilling at Grenadier ASX Announcement 26 November 2025 - High-Grade Gold in Shallow Drilling at Double Event Prospect ASX Announcement 23 December 2025 - Drilling Extends High-Grade Gold Mineralisation 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. Mining Tenement Location Beneficial Percentage held Licence Description Interest acquired/farm-in or disposed/farm-out during the quarter EL11/2012 NE Tasmania 100% Portland - EL13/2024 NE Tasmania 100% Beaconsfield EL18/2016 NE Tasmania 100% Cameron - EL17/2018 NE Tasmania 100% Golden Ridge - EL16/2021 NE Tasmania 100% Bendover Hill - EL02/2019 NE Tasmania 100% Mangana - EL3/2020 NE Tasmania 100% Lisle - EL16/2024 NE Tasmania 100% Lisle - EL4/2020 NE Tasmania 100% Lyndhurst - EL30/2004 NE Tasmania 100% Warrentinna - EL26/2004 NW Tasmania 100% Firetower - EL6/2015 W Tasmania 100% Henty South - EL3/2018 W Tasmania 100% Henty North - E45/5730 Yarrie, WA 100% Shay Gap - E45/5731 Yarrie, WA 100% Shay Gap - E77/2915 Forrestania, WA 100% East Indies - E63/2187 Lake Johnston, WA 100% Mt Day North - E63/2188 Lake Johnston, WA 100% Ant Rock - E63/2190 Lake Johnston, WA 100% Bremer - Rule 5.5 ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Flynn Gold Limited ABN Quarter ended (“current quarter”) 82 644 122 216 31 December 2025 Consolidated statement of cash flows Current quarter $A’000 Year to date (6 months) $A’000 1. Cash flows from operating activities - 1.1 Receipts from customers 1.2 Payments for (1,079) (1,871) (a) exploration & evaluation (b) development - - (c) production - - (d) staff costs (131) (254) (e) administration and corporate costs (234) (432) 1.3 Dividends received (see note 3) - - 1.4 Interest received 6 12 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives - 92 1.8 Other (provide details if material) - - 1.9 Net cash from / (used in) operating activities (1,438) (2,453) 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a) entities (b) tenements - - (c) property, plant and equipment - - (d) exploration & evaluation - - (e) investments - - (f) other non-current assets - (12) Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix