Market Alert: Gold and Silver Continue to Outperform with Robust Gains.
Flynn Gold Limited (ASX: FG1) has made strong exploration progress at its Golden Ridge Project in NE Tasmania. At the Grenadier Prospect, trenching confirmed a significant quartz vein system extending over 300 metres, with high-grade results including 0.6m @ 13.8g/t Au and 0.35m @ 11.8g/t Au. Metallurgical testwork on bulk samples returned strong recoveries of 95% with average grades of 10.5g/t Au. Drilling commenced in June to assess down-dip continuity and structural controls.
At the Trafalgar Prospect, six drill holes were completed, with assays confirming gold mineralisation and further results pending. Meanwhile, at the Double Event Prospect, rock chip samples yielded grades up to 44.5g/t Au, with trenching underway. Flynn ended the June 2025 quarter with a cash position of AU$1.2 million, and exploration efforts remain focused on expanding high-grade discoveries across its 100%-owned Tasmanian and WA portfolio.
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Sep 18, 2025
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
