Business · Energy & Commodities · 7 hrs ago

Flynn Gold reports shallow gold intervals at Tasmania’s Brilliant prospect

Flynn Gold reports shallow gold intervals at Tasmania’s Brilliant prospect

Flynn Gold has found broad, shallow gold-bearing zones in early drilling at the Brilliant prospect in northeast Tasmania.

The first three of five completed diamond holes returned intervals ranging from 14.8 to 20.35 metres long, with reported gold grades from 1.26 to 1.86 grams per tonne.

The highest average grade was 1.86 grams per tonne across an 18.65-metre interval starting 59.35 metres below ground.

Brilliant is part of Flynn Gold’s wholly owned Golden Ridge project, about 75 kilometres east of Launceston.

The prospect is being advanced towards its first resource estimate, which would assess how much gold may be present.

The company says its new drilling approach has helped identify a mineralised zone extending close to the surface.

More drilling and assay results are expected, with further shallow holes planned and a sixth hole already underway.

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What people are saying

Neil MarstonFlynn Gold managing director
Much of the historical drilling at Brilliant was oriented from the north-western side of the deposit, effectively drilling sub-parallel to the mineralised zone
via Stockhead
In this program we have turned the rig around and drilled from the south-eastern side with immediate success, consistently hitting wide zones of shallow gold-bearing mineralisation.
via Stockhead
The first results clearly delineate an extensive mineralised zone which extends to near-surface, where earlier trenching has recorded similar grades and widths.
via Stockhead