Announcement PDF ASX Announcement 16 September 2024 Drilling Confirms New High-Grade Gold Zone at Golden Ridge, NE Tasmania Highlights ASX: FG1 • Multiple gold-bearing quartz veins successfully intercepted in diamond drilling at the new Trafalgar North vein zone discovery 1 ABN 82 644 122 216 • Assay results have been received for two drill holes, TFDD019 and TFDD020, drilled at Trafalgar North. CAPITAL STRUCTURE • Best mineralised intercepts include: TFDD020 o 3.05m @ 4.9g/t Au from 53.1m including Share Price: A$0.025 Cash (30/06/24): A$2.96M Debt: Nil Ordinary Shares:254.9M Market Cap: A$6.4M Options Listed (FG1O): 50.6M Unlisted Options: 0.4M Performance Rights: 2.4M  0.35m @ 40.0g/t Au o 2.7m @ 4.1g/t Au from 115.4m, including  0.35m @ 26.6g/t Au TFDD019 o 4.8m @ 4.0g/t Au from 165.6m; including: BOARD OF DIRECTORS Clive Duncan Non-Executive Chair  0.4m @ 17.9g/t Au from 166.9m, and  0.4m @ 24.0g/t Au from 170.0m Neil Marston 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 o 0.3m @ 25.1g/t Au from 440.5m • Trafalgar North gold mineralisation confirmed to extend from surface to exceeding 150m depth and is open in all directions • Gold mineralised veins now confirmed over a 500m wide zone along the granodiorite-hornfels contact at Trafalgar • For further information or to post questions go to the Flynn Gold Investor Hub at https://investorhub.flynngold.com.au/link/lya02P Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to report that high-grade gold mineralisation has been intersected in the first drilling program completed at the Trafalgar North vein zone which is situated within the Company’s 100% owned Golden Ridge Project located in Northeast Tasmania (Figure 1). 1 See FG1 ASX Announcement dated 19 July 2024 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 Flynn Gold Managing Director & CEO Neil Marston said: “These are excellent early results from our on-going exploration at our flagship Golden Ridge project in NE Tasmania. “Drilling has successfully intersected high-grade gold veins beneath the recently discovered trenching area at Trafalgar North and has confirmed our interpretation that this zone is continuous at depth and potentially is a parallel zone to the Trafalgar prospect mineralisation. This new vein zone increases the mineralised footprint at Trafalgar from 300m to 500m width across the granodiorite/sedimentary contact and reinforces our view that this project has the potential to host large-scale gold mineralisation.” Figure 1 - Location of Flynn Gold tenements in NE Tasmania. Page 2 of 19 | 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 Trafalgar Prospect – Phase 3 Drilling Phase 3 drilling commenced at the Trafalgar prospect in mid-April 2024. The initially planned 1,500m diamond drill program comprised infill and extension drilling targeting down-dip and along-strike extensions to previously drilled high-grade gold intercepts. During June 2024, a new zone of gold-mineralisation, approximately 250m north of the historic Trafalgar mine was discovered in surface trenches 2. This new area at Trafalgar North had the potential to significantly increase the mineralised footprint of the Trafalgar prospect and therefore became the focus of drilling later in the campaign. Figure 2 - Trafalgar Prospect Drill Hole Location Plan 2 See FG1 ASX Announcement dated 19 July 2024 for full details. Page 3 of 19 | 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 Two diamond holes for 623m (TFDD019 and TFDD020) have been completed, testing beneath and along strike of mineralisation discovered in the trenches (see Figure 2). TFDD019 This hole was primarily designed to test depth extensions of the gold-bearing quartz vein zone at approximately 100 metres beneath surface. Multiple zones with visible signs of mineralisation were successfully intersected in the target area (see Figure 3). Significant intercepts for TFDD019 are reported in Table 1. TFDD019 also tested the up-dip position of veins intersected in TFDD002 (4.3m @ 4.3g/t Au from 594.7m) 3 with a high-grade vein (0.3m @ 25.1g/t Au) successfully intersected at a depth of 440.5m. This vein is interpreted to be a continuation of the veins intersected 80m below in TFDD002. Figure 3 - TFDD019/TFDD020 Cross Section 3 See FG1 ASX Announcement dated 21 September 2022 for full details. Page 4 of 19 | 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 TFDD020 This step-out hole was designed to test along strike continuation of the mineralised zone 50m to the west of TFDD019 (see Figure 2). Sulphide-rich quartz-arsenopyritepyrrhotite veining was intersected at 53.4m depth (0.35m @ 40.0g/t Au) and quartzarsenopyrite-galena veining was intersected at 115.4m depth (0.35m @ 26.6g/t Au) (see Figure 3). Significant intercepts for TFDD020 are reported in Table 1. The results reported confirm strike continuity over 50 metres from TFDD019 with gold mineralisation open in all directions. TFDD018 Assay results for the outstanding samples (59.5-214m and 294m-322.7m EOH) of TFDD018 have been received and significant results are shown in Table 1. Channel Sampling Follow-up channel sampling at Trafalgar North has been completed with the southern section of the historic trench now fully sampled over a distance of 89 metres. The best results from the channel sampling are shown in Table 3 including: - 9m @ 0.6 g/t Au including 1m @ 2.1g/t Au, and - 1m @ 4.2 g/t Au (see Figure 2). Next Steps From observations to date the width of the Trafalgar North vein zone is approximately 40 metres across strike and contains multiple sub-parallel gold bearing quartz veins. Drilling confirms the mineralised footprint at Trafalgar, including Trafalgar North, now extends over a zone at least 500m wide. Previous drilling at Trafalgar has intersected mineralisation over a strike length of at least 400m and to depths of over 400m from surface. These latest drilling results are being interpreted and built into the Golden Ridge geological model. Further surface trenching and diamond drilling at Trafalgar North is being planned to test for strike extensions, initially to the west of TFDD020. Exploration elsewhere at Golden Ridge is ongoing with a follow-up program of soil sampling of prospective areas identified earlier in the year (Grenadier and Big Penny) nearing completion 4. 4 See FG1 ASX Announcement dated 17 April 2024 for full details Page 5 of 19 | 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 Nicholas Read Media & Investor Relations +61 (0) 419 929 046 nicholas@readcorporate.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 4). The Company has eight 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 4 - Location Plan of Flynn Gold Projects Page 6 of 19 | 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: Significant Drilling Intercepts (>0.3g/t Au) Drillhole ID TFDD020 including including including TFDD019 including and including TFDD018 Notes: • • • • • • • From (m) 41.05 To (m) 41.35 Interval (m) 0.3 Au (g/t) 0.6 60.5 70.3 70.3 74.5 77.4 115.4 115.4 61 71.35 70.6 75.7 77.8 118.1 115.75 0.5 1.05 0.3 1.2 0.4 2.7 0.35 0.3 3.8 7.8 2.0 1.8 4.1 26.6 64.25 106.7 109.0 115.6 116.35 119.0 122.2 140.0 145.6 165.6 166.9 170.0 173.65 174.0 198.4 205.5 209.5 230.15 273.7 335.0 440.2 453.0 64.6 107.5 110.0 116.0 116.7 120.0 122.55 140.4 146.0 170.4 167.3 170.4 174.35 174.35 199.1 206.0 210.0 230.5 274.0 336.0 440.5 454.0 0.35 0.8 1.0 0.4 0.35 1.0 0.35 0.4 0.4 4.8 0.4 0.4 0.7 0.35 0.7 0.5 0.5 0.35 0.3 1.0 0.3 1.0 0.4 0.3 0.6 0.7 4.7 1.2 4.8 0.6 0.4 4.0 17.9 24.0 2.5 4.5 1.9 4.5 2.9 1.4 0.7 1.3 25.1 0.5 300.0 316.0 301.0 317.0 1.0 1.0 0.35 0.37 53.1 53.4 56.15 53.75 3.05 0.35 4.9 40.0 Comments Qtz Sulphide Aspy-Po vein Qtz-Aspy-Gn vein Qtz-Aspy-Gn-Po-Cp vein Qtz-Aspy-Gn-Po-Cp vein Qtz-Aspy-Gn vein with VG Qtz-Aspy-Gn vein with VG Qtz-Aspy-Gn vein Qtz-Aspy vein Qtz-Aspy-Gn-Po-Cp vein Significant intercepts cut-off grade is 0.3g/t gold All reported intersections are assayed on geological intervals ranging from 0.2 to 2m. Reported grades are calculated as length-weighted averages. Intercepts are downhole lengths and may not be true widths of the veins / intersections. Intercepts may include up to 2m of internal waste Drill core samples are analysed for gold by photon analysis. Abbreviations: o Qtz: Quartz o Aspy: Arsenopyrite o Cp: Chalcopyrite o Gn: Galena o Po: Pyrrhotite o VG: Visible Gold Page 7 of 19 | 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 2. Trafalgar Prospect Phase 3 Collar Information TFDD016 Easting GDA94 588260 Northing GDA94 5416640 159 Azimuth (True) 185 TFDD017 588428 5416651 162 162 TFDD018 588324 5416389 263 TFDD019 588077 5416877 TFDD020 588125 5416745 Drillhole ID Notes: • RL (m) Dip (deg) EOH Depth (m) -47 355.9 -50 248.4 315 -53 322.7 167 140 -50 473.3 160 320 -50 149.5 TOTAL 1,549.8 Co-ordinate projection is MGA94, zone 55. TABLE 3: Historic Trench Channel Samples Channel ID South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 Sample No 78034 78035 78036 78038 78039 78040 78041 78042 78043 78044 78045 78046 78047 78048 78049 78050 78052 78053 78054 78055 78056 78057 78058 78059 78060 78061 78063 78064 78065 78066 78067 78068 78069 78070 78071 78072 From (m) 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 To (m) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Interval (m) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Au (g/t) 0.2 0.2 0.1 0.5 0.1 2.1 0.1 0.2 0.6 0.3 1.1 0.6 0.1 0.0 0.1 0.1 0.0 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 0.1 0.0 0.4 Ag (g/t) 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.3 0.7 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.9 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 As (g/t) 111.0 262.0 189.0 81.6 136.0 225.0 62.4 72.7 81.9 52.7 84.3 65.8 46.1 42.4 46.3 47.0 45.5 373.0 66.6 63.7 63.5 65.6 69.7 79.8 82.5 79.6 86.0 81.9 89.1 101.5 77.2 74.5 62.1 59.7 57.5 61.2 Pb (g/t) 71.5 64.8 60.7 40.6 65.6 100.0 32.6 47.9 65.4 43.5 58.7 66.0 42.9 36.8 40.3 39.7 39.2 519.0 51.9 36.8 37.0 35.7 34.4 36.6 39.2 36.8 37.0 42.2 42.4 43.1 37.3 27.8 32.8 38.3 37.7 44.1 Page 8 of 19 | 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 Easting (m) 588161.1 588161.3 588161.5 588161.7 588161.9 588162.1 588162.4 588162.6 588162.8 588163.0 588163.2 588163.4 588163.6 588163.8 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588164.0 588163.9 Northing (m) 5416780.5 5416779.5 5416778.6 5416777.6 5416776.6 5416775.6 5416774.6 5416773.7 5416772.7 5416771.7 5416770.7 5416769.8 5416768.8 5416767.8 5416766.8 5416765.5 5416764.5 5416763.5 5416762.5 5416761.5 5416760.5 5416759.5 5416758.5 5416757.5 5416756.5 5416755.5 5416754.5 5416753.5 5416752.5 5416751.5 5416750.5 5416749.5 5416748.5 5416747.5 5416746.5 5416745.5 Channel ID Sample No South01 South01 South01 South01 South01 South01 South01 South01 78091 78093 78094 78095 78096 78097 78098 78099 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 78100 78101 78102 78103 78104 78106 78107 78108 78109 78110 78111 78112 78113 78114 78116 78117 78118 78119 78120 78121 78122 78123 78124 78125 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 South01 78073 78074 78075 78076 78077 78078 78079 78080 78081 78082 78084 78086 78087 78088 78090 From (m) 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 51.2 52 53 54 55 56 57 58 59 66 67 68 69 70 71 72 72.4 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 To (m) 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 51.2 52 53 54 55 56 57 58 59 66 67 68 69 70 71 72 72.4 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 Interval (m) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0.2 0.8 1 1 1 1 1 1 1 7 1 1 1 1 1 1 0.4 0.6 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Au (g/t) 0.3 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.0 0.1 4.2 0.0 0.0 0.1 0.2 0.0 0.1 0.0 0.1 0.1 0.0 1.1 0.1 0.1 0.1 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Ag (g/t) 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.3 5.6 0.1 0.1 0.1 0.1 As (g/t) Pb (g/t) Easting (m) 87.9 61.7 588163.6 169.5 75.1 588163.4 62.4 34.6 588163.1 59.8 30.0 588162.8 68.8 34.8 588162.6 62.5 24.1 588162.3 64.4 28.1 588162.1 83.1 27.7 588161.8 196.5 41.3 588161.5 561.0 127.0 588161.3 1015.0 1610.0 588161.0 94.1 38.9 588160.8 71.5 37.3 588160.5 61.9 35.6 588160.2 128.5 41.3 588160.0 No Sample (trench obstructed) 0.1 163.5 40.3 588159.7 0.1 188.5 43.6 588159.5 0.1 87.8 45.2 588159.2 0.1 166.0 63.9 588159.0 0.1 91.6 38.0 588158.7 0.1 80.7 42.5 588158.4 0.5 179.0 72.3 588158.2 0.2 122.5 50.2 588157.9 No Sample (trench obstructed) 1.4 142.0 86.0 588155.8 0.1 108.0 94.9 588155.6 0.1 65.5 46.1 588155.3 0.1 65.2 33.7 588155.1 0.2 109.5 35.2 588154.8 0.1 72.4 31.4 588154.4 0.1 88.9 30.0 588154.1 0.1 111.5 32.7 588153.9 0.1 95.1 35.0 588153.5 0.1 99.3 29.9 588153.1 0.1 69.9 26.1 588152.7 0.2 90.5 30.0 588152.3 0.1 97.1 28.6 588151.8 0.2 109.0 30.8 588151.4 0.2 75.8 25.6 588151.0 0.2 103.5 35.6 588150.6 0.2 109.5 33.5 588150.1 0.1 87.8 30.1 588149.7 0.1 76.8 27.5 588149.3 0.1 77.1 27.7 588148.9 0.1 118.5 32.0 588148.5 0.2 138.5 33.4 588148.0 0.1 132.5 32.7 588147.6 0.1 127.5 35.6 588147.2 Page 9 of 19 | 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 Northing (m) 5416744.6 5416743.6 5416742.6 5416741.7 5416740.7 5416739.7 5416738.8 5416737.8 5416736.8 5416735.9 5416734.9 5416733.9 5416733.0 5416732.0 5416731.0 5416730.0 5416729.1 5416728.1 5416727.2 5416726.2 5416725.2 5416724.3 5416723.3 5416715.6 5416714.6 5416713.6 5416712.7 5416712.5 5416711.6 5416711.0 5416710.6 5416709.8 5416708.9 5416708.0 5416707.1 5416706.2 5416705.3 5416704.4 5416703.5 5416702.6 5416701.7 5416700.8 5416699.9 5416699.0 5416698.0 5416697.1 5416696.2 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. 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 10 of 19 | 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 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 diamond (DD) drilling and channel sampling. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. Sampling is guided by Flynn’s protocols and Quality Control procedures, as per industry standards. Samples were all collected by qualified geologists or under geological supervision. Core samples are judged to be representative of the rock being drilled. Channel samples were taken from in-situ outcrop. The nature and quality of sampling is carried out under QAQC procedures as per industry standards. Diamond drilling Diamond core is sampled to geological boundaries with sample lengths generally between 0.3m and 2.0m. The core is cut on site and half core sampled. The remaining half core is stored on site. Care is taken when sampling the diamond core to sample the same half side of the core as standard practice. During sampling of the diamond drill core, certified reference material (CRM) standards are inserted at least every 20 samples. Blank samples are also inserted at least every 20 samples. Duplicate samples are routinely submitted and checked against originals. Channel samples Channel samples were taken from the walls of the historic trench at interval lengths between 0.5m and 1.0m. The channel line was cut between 0.5m and 1.0m above the trench floor. Certified reference material (CRM) standards were inserted at least every 20 samples. Blanks samples are also inserted at least every 20 samples. Some field duplicates were collected to check consistency of assaying methods. Aspects of the determination of mineralisation that are Material to the Public Report. Diamond drilling Drill core samples are sent to On Site Laboratory Services in Bendigo. Samples are weighed, dried and crushed to -2mm, and rotary split into a Chrysos jar (500g nominal). The residual sample is retained. Samples are assayed for gold via photo assay method PAAU2. Photon assay is a non-destructive assay method. PAAU2 has a detection range of 0.01 to 350 ppm Au. Coarse gold was observed in some drill core intervals. Additional sampling using various techniques and duplicate samples is ongoing to allow an assessment of any sampling issues. Current results appear to be consistent with historical drilling assay results associated with coarse visible gold. Channel samples Channel samples were geologically logged for lithology, mineralisation, veining and alteration. Entire 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. All samples were submitted for preparation at the ALS laboratory in Burnie. Samples were analysed at Burnie for Au by AU-AA25 (30 g Page 11 of 19 | 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 Criteria JORC Code explanation Commentary charge fire assay) then sent to Townsville for multi-element assay by 4 acid digest (MS-ME61). 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, facesampling bit or other type, whether core is oriented and if so, by what method, etc.). Drilling is undertaken by diamond core technique at triple tube PQ3 (83.1mm diameter),HQ3 (61.1mm diameter), and NQ3 (42mm) core sizes. Industry standard diamond drilling techniques are used. HQ core is orientated using a Boart Longyear Truecore UPIX core orientation system or similar. Hole traces are surveyed using a digital down-hole survey camera tool. The location of each hole was recorded by handheld GPS with positional accuracy of approximately +/-5m. Location data was collected in MGA94 zone 55. Drill holes are planned to intersect mineralisation at an optimum angle. Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. Core recovery was logged and recorded in the company’s database. Core loss has occurred in the weathering profiles and fault zones, however overall recovery meets industry standards. Measures taken to maximise sample recovery and ensure representative nature of the samples. Triple tube diamond core drilling techniques are used. The core recovery is logged for each run of drilling and measured against the drilled length. Generally, sample weights are comparable, and any bias is considered negligible. Logging Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. No relationship has been noticed between sample recovery and grade. Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Diamond drilling All diamond core holes are geologically logged in full for core recovery, RQD, geotechnical parameters, weathering, oxidation, lithology, grainsize, alteration, mineralisation, vein types and vein intensity, structure, and magnetic susceptibility. The geological logging was done using a standardised logging system. This information and the sampling details were transferred into Flynn Gold’s drilling database. The geological and geotechnical logging is completed to a sufficient level to support appropriate future geological, Mineral Resource estimation, mining, and metallurgical studies. Channel samples Channel samples were logged for lithology, mineralisation, veining and alteration. Information from channel samples is recorded to a level of detail to support future geological, Mineral Resource estimation, mining studies and metallurgical studies. Subsampling techniques and sample preparation Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Logging is both qualitative and quantitative in nature. The total length and percentage of the relevant intersections logged. All drill holes are logged in full and to the total length of each hole. If core, whether cut or sawn and whether quarter, half or all core taken. The core is cut on site and half core sampled. The remaining half core is stored on site. Drill core is photographed as wet and dry, and before (full core) and after cutting (half core). Care is taken when sampling the diamond core to sample the same half side of the core as standard practice. Page 12 of 19 | 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 Criteria JORC Code explanation Commentary Large diameter core drilling (PQ, HQ) is utilised to maximise recovery and obtain larger samples to maximise representivity of samples. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. Channel samples were taken from both wet and dry outcrops. Samples were dried and split at the ALS lab in Burnie. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Diamond drilling Samples were transported by road and air freight to OSLS laboratory in Bendigo. The sample preparation for all samples follows industry best practice. At the laboratory all samples are weighed, dried, crushed and pulverised (to -2mm) prior to sub-sampling (500g nominal) for photon assay. Standardised equipment used with QC performed at the pulverisation stage at the labs. Channel samples Samples were transported by road to ALS in Burnie for Au assays and then sent by air freight to Townsville or Perth for multielement assays. The sample preparation for all samples follows industry best practice. Entire 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. Standardised equipment used with QC performed at the pulverisation stage at the labs. Quality control procedures adopted for all subsampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the insitu material collected, including for instance results for field duplicate/second-half sampling. Flynn Gold has protocols that cover the sample preparation at the laboratories and the collection and assessment of data to ensure that accurate steps are used in producing representative samples. The crusher and pulveriser are flushed with barren material at the start of every batch. Sampling is carried out in accordance with Flynn Gold’s protocols as per industry best practice. Field QC procedures involve the use of certified reference material as assay standards and blanks, as well as coarse crush duplicates. For analysis of diamond core and channel samples, CRM standards and blanks are inserted by the field Geologist at intervals accounting for 7 to 10% of total samples which is considered to be to industry standards. CRM results over low-, moderate-, and high-grade gold ranges indicate acceptable levels of accuracy and precision of assay batch results. Field duplicates were taken for channel samples. Laboratory split duplicates were taken for channel samples and drill core samples. Assay results were within the acceptable error margin of their originals. Whether sample sizes are appropriate to the grain size of the material being sampled. Sample sizes are considered appropriate for the style of mineralisation sought. Half-core sample intervals are between 0.2m and 1.0m. Channel samples were 300g to 4kg. Quality of assay data and The nature, quality and appropriateness of the assaying and laboratory procedures used and Diamond drilling All drill core samples are sent to OSLS (Bendigo) for sample preparation and sub-sampling prior to photon assay. Page 13 of 19 | 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 Criteria JORC Code explanation Commentary laboratory tests whether the technique is considered partial or total. Drill core samples are sent to On Site Laboratory Services in Bendigo. Samples are weighed, dried and crushed to -2mm, and rotary split into a Chrysos jar (500g nominal). The residual sample is retained. Samples are assayed for gold via photo assay method PAAU2. Photon assay is a non-destructive assay method. PAAU2 has a detection range of 0.01 to 350 ppm Au. OSLS laboratories are accredited to ISO/IEC standards. Channel Samples All samples were submitted for preparation at the ALS laboratory in Burnie. Samples were analysed at Burnie for Au by AU-AA25 (30 g charge fire assay) then sent to Townsville or Perth fo