Economic Rules Hub
  • World
  • Politics
  • Business
  • Investing
Home Investing Drilling Underway at Trafalgar High-Grade Gold Prospect
Investing

Drilling Underway at Trafalgar High-Grade Gold Prospect

by admin April 18, 2024
April 18, 2024

Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to provide an update on activities at the Company’s 100% owned Golden Ridge Project located in Northeast Tasmania (Figure 1).

Highlights

Phase 3 drilling has commenced at Trafalgar high-grade gold prospectPreviously reported drilling included multiple intersections grading >100g/t Au, including:TFD001:5.0m @ 12.56g/t Au, incl. 0.4m @ 150.0g/t Au from 202.0mTFDD003:1.2m @ 65.9g/t Au, incl. 0.5m @ 143.0g/t Au from 57.5mTFDD005:12.3m @ 16.8g/t Au, incl. 0.7m @ 152.5g/t Au from 120.3mTFDD013:4.0m @ 23.7g/t Au, incl. 0.5m @ 169.8g/t Au from 25.9mNew geological vein model for Trafalgar indicates multiple sub- parallel high-grade veinsAn initial 1,500m drill program is planned that will comprise infill and extension drilling targeting down-dip and along-strike extensions to previous high-grade gold intercepts

Geological modelling of the multiple high-grade veins intersected in drilling at the Trafalgar Prospect in 2022/23 has been completed. The next phase of diamond drilling (Phase 3) has commenced to test in-fill and extensional drilling targets generated from the new geological model.

Managing Director and CEO, Neil Marston commented,

“Since the completion of drilling at the Trafalgar prospect at Golden Ridge in 2023, Flynn Gold has been undertaking geological modelling of the high-grade gold intersected in multiple vein sets.

“This modelling work, in combination with our recent soil sampling activities, demonstrates the potential for extensive gold mineralisation at Golden Ridge.

“Based on the latest information we have designed a program of drill holes with the goal being to target down-dip and along-strike extensions to previous high-grade gold intercepts.

“As gold prices hit record highs, it’s an exciting time for our team to be drilling this new Tasmanian gold discovery.”

Trafalgar Prospect – Geological Vein Model

A 3D geological vein model was recently completed for the Trafalgar prospect. The model interprets 3 main gold mineralised veins, accompanied by a network of subsidiary mineralised splay veins and sheeted vein swarms bifurcating off the main veins (see Figure 2).

All of the main mineralised veins transect the granodiorite – hornfelsed metasediments contact, with gold mineralisation hosted in both the granodiorite and metasediment host rocks.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterPinterestEmail
previous post
Las Alteras Project Presentation – April 2024
next post
Significant Gold Results up to 16g/t Au Received from Cork Tree Well Geotechnical Drilling

Related Posts

Agreement to Develop New Expandable Graphite Facility

July 28, 2025

Comet share sale and debt repayment

July 28, 2025

Completion of Silver Acquisition & Appointment of New Managing Director

July 28, 2025

Blackstone Completes Share Purchase Plan

July 28, 2025

Anteros Metals Initiates Channel Sampling at Havens Steady Following Grant...

July 28, 2025

Questcorp Mining Taps National Inflation Association for Marketing & Investor...

July 28, 2025

    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.

    Recent

    • Trump-inspired ‘Japanese first’ politician shakes up nation’s establishment

      July 28, 2025
    • Iran’s Africa activities pose ‘significant threats to US national security’

      July 28, 2025
    • White House orders Hegseth to stop polygraphs on Pentagon staff suspected of leaking: report

      July 28, 2025
    • Rubio downplays 2028 talk, touts Vance as Trump’s successor

      July 28, 2025
    • Freedom Caucus lawmaker Ralph Norman vows to ‘shake things up’ in South Carolina governor bid

      July 28, 2025

    Categories

    • Business (1,465)
    • Investing (3,766)
    • Politics (5,010)
    • World (4,720)
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy
    • Contacts
    • About us

    Disclaimer: EconomicRulesHub.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 © 2024 EconomicRulesHub.com | All Rights Reserved

    Economic Rules Hub
    • World
    • Politics
    • Business
    • Investing