USD $4,111.97
Goldman Drilling intersects multiple high-grade gold veins at Trafalgar North, NE Tasmania
Flynn Gold Limited (ASX:FG1) has announced promising drilling results from its Trafalgar North vein zone, part of the Golden Ridge Project in Northeast Tasmania. Significant gold-bearing quartz veins were intersected, confirming a new high-grade gold zone.
Highlights from the drilling include:
- TFDD020:
- 3.05m @ 4.9g/t Au from 53.1m, including
- 0.35m @ 40.0g/t Au
- 2.7m @ 4.1g/t Au from 115.4m, including
- 0.35m @ 26.6g/t Au
- 3.05m @ 4.9g/t Au from 53.1m, including
- TFDD019:
- 4.8m @ 4.0g/t Au from 165.6m, including
- 0.4m @ 17.9g/t Au from 166.9m
- 0.4m @ 24.0g/t Au from 170.0m
- 0.3m @ 25.1g/t Au from 440.5m
- 4.8m @ 4.0g/t Au from 165.6m, including
The mineralisation has been confirmed over a 500m wide zone, extending from surface to over 150m deep, and remains open in all directions.
Flynn Gold Managing Director & CEO Neil Marston said:
These are excellent early results from our ongoing 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.
