New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Investing

Drilling Confirms Gold System Near Surface at Warrentinna Project, NE Tasmania

by admin January 12, 2024
January 12, 2024
Drilling Confirms Gold System Near Surface at Warrentinna Project, NE Tasmania

Flynn Gold Limited (ASX: FG1, “Flynn Gold” or “the Company”) is pleased to announce the results from its maiden diamond drilling campaign at its 100%-owned Warrentinna Project in northeast Tasmania.HIGHLIGHTS:Multiple zones of auriferous quartz veining intersected in Flynn’s maiden diamond drilling program at the Warrentinna Project in NE Tasmania.Drilling program consisted of 2 drillholes for a total of 357m with best intercepts reported in hole DNDD001:DNDD001:7.2m @ 2.5g/t Au from 68.9m, including2.1m @ 7.0g/t Au from 75.1m, and4.8m @ 1.2g/t Au from 92.0m, including0.3m @ 5.6g/t Au from 94.6mThe program confirms highly prospective orogenic-style gold mineralisation which coincides with historical mine workings over a largely untested 6km-long corridor with potential for near- surface gold resources.Drillholes also yielded valuable structural data which will be used for targeting in future campaigns that will aim to prove mineralisation along strike from historical drill results, which include:WTR013:5.0m @ 28.93g/t Au from 36.0m, including1.0m @ 103.25g/t Au from 37.0m2019WTD001:21.7m @ 3.3g/t Au from 9.3m, including2.2m @ 12.0g/t Au from 10.8m2019WTD002:11.7m @ 2.8g/t Au from 115m.

Managing Director and CEO, Neil Marston commented:

“Our maiden diamond drilling program has confirmed that the Warrentinna Project has potential for gold resources near surface and proven to extend the depth of mineralisation to greater than 100 metres.

“Previous explorers have produced some remarkable high grades at Warrentinna. Our drilling has confirmed the existence of multiple zones of gold mineralisation and added a structural context which will be used in targeting for future drilling campaigns.

“The Warrentinna goldfield is defined by shallow historic workings over a strike length of 6km, and with this campaign targeting gold mineralisation in the north of the goldfield, the remainder is largely untested.”

Warrentinna Gold Project

The Warrentinna Project (EL30/2004) is located in northeast Tasmania, 40km northwest of Flynn’s Golden Ridge Project (see Figure 1). The tenement was acquired from Greatland Gold plc (LSE: GGP, “Greatland”) in June 20231.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Alaska, United flight cancellations continue amid ongoing investigation of Boeing 737 Max 9
next post
Tama Atacama Lithium Project – Exploration Concessions Granted

Related Posts

Element79 Announces Closing of First Tranche of Non-Brokered...

November 16, 2024

Sarama Completes Tranche 2 Options Placement

February 11, 2025

More Outstanding Gold Mineralisation Intersected at Auld Creek

May 7, 2024

Purepoint Uranium

October 26, 2024

Launch of Underwritten $24.3M Equity Raising

May 23, 2024

Subscriptions Reach 13K in Two Months

April 2, 2025

Altech – CERENERGY Accredited Highest Possible Green Rating

January 24, 2025

StrategX Announces Executive Change

April 2, 2025

Uranium Stocks Sink as DeepSeek Sparks AI Data...

January 30, 2025

Extraordinary Grade Copper, Gold and Silver Assays Received

August 20, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • UK police make second arrest in connection with fires linked to PM Starmer

      May 18, 2025
    • Deported mom says toddler’s return to Venezuela after separation by US authorities was a ‘miracle’

      May 18, 2025
    • Duterte scores landslide win in local elections. But can he be mayor from The Hague?

      May 18, 2025
    • Austria’s JJ wins Eurovision 2025 with ‘Wasted Love’

      May 18, 2025
    • How Pope Leo dealt with years of abuse allegations in a powerful Catholic society in Peru

      May 18, 2025
    • The popemobile, a signet ring and a ‘betrothal:’ How Pope Leo’s inauguration will unfold

      May 18, 2025

    Popular

    • 1

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 2

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 3

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 4

      Americans are starting to feel better about the economy and inflation

      December 13, 2023
    • 5

      Rare Earths Stocks: 8 Biggest Companies in 2024

      January 12, 2024
    • 6

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 7

      Investing in Graphene Companies

      May 9, 2024

    Categories

    • Business (1,322)
    • Investing (3,124)
    • Politics (4,105)
    • World (4,057)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved