Kristie Batten: Flynn on the path to gold production

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Holding two high-potential Tasmanian gold projects and resource estimates on the way, one with a tungsten top-up, Flynn Gold is ... Read More The post Kristie Batten: Flynn on the…

Golden Ridge is the primary focus for Flynn while Firetower is in the wings. Pic: Kristie Batten/supplied

One of Australia’s top mining journalists, Kristie Batten, writes for Stockhead every week in her regular column, keeping a watchful eye on the movers and shakers of the small cap resources scene.

Flynn Gold (ASX:FG1) has multiple catalysts looming in the coming weeks and months.

The microcap company’s focus is the Golden Ridge project in northeastern Tasmania, which is considered an intrusion-related gold system.

Last week, Flynn reported the latest results from the Brilliant prospect, which included 18.65m at 1.86 g/t gold from 59.35m, including 3.05m at 4.65g/t; 20.35m at 1.29g/t from 29m, including 3.85m at 3.12g/t; and 14.8m at 1.26g/t from 20.2m, including 1.3m at 7.7g/t.

Flynn managing director Neil Marston described the results as a gamechanger for the company.

“I think a lot of people and investors and shareholders who have looked at our projects, the concept in their mind is, ‘oh this is a high-grade but narrow vein system to be mined’, but now when you look at this, you can clearly see that these are substantial widths of mineralisation, very much daylighting at the surface,” he said.

Flynn has defined a maiden exploration target for the Trafalgar, Brilliant and Link Zone prospects of 3.5-5.4 million tonnes grading 3-4g/t for 449,000-520,000 ounces of contained gold.

“This was announced in November 2024 when the gold price was much lower than it is now, and it was very much based on just the modelling of the high-grade intersections we had achieved at Trafalgar, in particular,” Marston said.

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