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Exploration|Gold|PROJECT|Resources|Testing|Underground|Drilling
Exploration|Gold|PROJECT|Resources|Testing|Underground|Drilling
exploration|gold|project|resources|testing|underground|drilling

Flynn Gold secures grant funding for Golden Ridge exploration

27th September 2024

By: Creamer Media Reporter

     

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ASX-listed Flynn Gold has been successful with two applications in Round 10 of the Tasmanian state government’s exploration drilling grant initiative (EDGI).

The successful applications will support exploration drilling targeting new zones of gold mineralisation at the company’s flagship Golden Ridge project, located in north-east Tasmania.

Flynn will receive up to A$140 000 in EDGI grant funds, allowing the company to fast-track the next phase of drilling at its flagship Golden Ridge project.

MD and CEO Neil Marston explains that one grant of A$70 000 will co-fund drilling beneath the historical Golden Ridge adit, where recent underground sampling of veins recorded results of up to 64 g/t.

The second A$70 000 grant will cofund a fence of drill holes at the Lind zone, about 900 m south-west of the Trafalgar prospect, testing for western extensions to the high-grade gold mineralisation intersected in earlier drilling.

The EDGI aims to provide a stimulus to greenfield exploration in Tasmania. Mineral Resources Tasmania administers the initiative.

Edited by Creamer Media Reporter

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