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Flynn Gold Limited (ASX:FG1)

ALERT: Price-sensitive ASX Announcement for FG1
Current share price for FG1 : $0.021 -0.002 (-8.70%)+
Announcement
Release
9 Feb 2026 9:48AM
Price at Release
$0.023
Full Release
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Summary
Flynn Gold Limited has announced exceptional tungsten assays at their Gorge Creek Tungsten Prospect in northeast Tasmania. The initial results from their reconnaissance mapping and sampling program indicate high-grade tungsten mineralisation with assays recording up to 14.75% WO3 in rock chip samples. This site, part of the 100%-owned EL30/2004 (Warrentinna Project), also shows elevated levels of silver, gold, and bismuth, consistent with intrusive-related tungsten mineralisation. The mineralisation is found within sheeted quartz veins containing wolframite and scheelite, exposed at the surface. Further exploration activities including trenching, channel sampling, and geophysical surveys are planned to better define the deposit, which has not been drill tested yet. This discovery aligns with Flynn's strategic focus on critical minerals in Tasmania.
Key Points
  • Exceptional tungsten assays recorded up to 14.75% WO3.
  • High-grade mineralisation accompanied by silver, gold, and bismuth.
  • Mineralisation consistent with intrusive-related gold system (IRGS) deposits.
  • Gorge Creek Prospect part of the 100%-owned Warrentinna Project.
  • Sheeted quartz veins containing wolframite and scheelite, exposed at the surface.
  • Further exploration planned with trenching, channel sampling, and geophysical surveys.
  • No drilling has been conducted at the site yet.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.