New Risk • May 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.4m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.2m free cash flow). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (AU$378k revenue, or US$274k). Market cap is less than US$10m (AU$13.4m market cap, or US$9.70m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.2m free cash flow). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m (AU$378k revenue, or US$267k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$15.2m market cap, or US$10.8m). New Risk • Mar 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.2m free cash flow). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m (AU$378k revenue, or US$269k). Market cap is less than US$10m (AU$14.0m market cap, or US$9.99m). Tillkännagivande • Feb 25
Forrestania Resources Limited (ASX:FRS) entered into a Binding Heads of Agreement to acquire Lake Johnston Projects in Australia from Flynn Gold Limited (ASX:FG1) for AUD 0.35 million. Forrestania Resources Limited (ASX:FRS) entered into a Binding Heads of Agreement to acquire Lake Johnston Projects in Australia from Flynn Gold Limited (ASX:FG1) for AUD 0.35 million on February 25, 2026. Under the Agreement Acquisition consideration to be paid to Flynn at settlement is AUD 0.35 million via the issue to Flynn of a number of fully-paid ordinary shares in Forrestania equal to AUD 0.35 million.
Completion under the Agreement is conditional upon the satisfaction of the following conditions precedent: Completion of financial, legal and technical due diligence by the Forrestania Resources Limited on the tenements, to the absolute satisfaction of the Purchaser within a period of 10 business days from the date of the Agreement; the parties obtaining all necessary regulatory approvals or waivers pursuant to the ASX Listing Rules, Corporations Act or any other law to allow the parties to lawfully complete the matters set out in the Agreement; the parties obtaining all third-party approvals and consents, including the consent of the Minister responsible for the Mining Act, necessary to lawfully complete the matters set out in the Agreement; executing a deed of assignment and assumption in relation to each third-party agreement, and the Consideration Shares being issued by the Forrestania Resources Limited free from any escrow, holding lock, voluntary restriction agreement or other restriction on transfer under the Corporations Act or the ASX Listing. If the conditions precedent are not satisfied on or before 31 March 2026, then either Forrestania or the Flynn Gold may terminate the Agreement. Tillkännagivande • Oct 28
Flynn Gold Limited, Annual General Meeting, Nov 26, 2025 Flynn Gold Limited, Annual General Meeting, Nov 26, 2025. Tillkännagivande • Sep 11
Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 3.000093 million. Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 3.000093 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 86,956,522
Price\Range: AUD 0.023
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,482,304
Price\Range: AUD 0.023
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Jul 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$2.5k revenue, or US$1.6k). Market cap is less than US$10m (AU$12.9m market cap, or US$8.51m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Recent Insider Transactions • May 01
Insider recently bought AU$839k worth of stock On the 24th of April, Colin Bourke bought around 42m shares on-market at roughly AU$0.02 per share. This transaction increased Colin Bourke's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 03
Insider recently bought AU$80k worth of stock On the 28th of March, Colin Bourke bought around 4m shares on-market at roughly AU$0.021 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$614k. Insiders have collectively bought AU$920k more in shares than they have sold in the last 12 months. New Risk • Mar 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m (AU$2.5k revenue, or US$1.6k). Market cap is less than US$10m (AU$6.01m market cap, or US$3.81m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Tillkännagivande • Feb 27
Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.6 million. Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,904,800
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,095,200
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 22
Flynn Gold Limited, Annual General Meeting, Nov 20, 2024 Flynn Gold Limited, Annual General Meeting, Nov 20, 2024. Recent Insider Transactions • Oct 22
Insider recently bought AU$86k worth of stock On the 18th of October, Colin Bourke bought around 3m shares on-market at roughly AU$0.029 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$342k more in shares than they have sold in the last 12 months. Tillkännagivande • Oct 17
Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of $2 million. Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of $2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: At the Market Offering New Risk • Sep 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.6m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m (AU$96k revenue, or US$65k). Market cap is less than US$10m (AU$7.39m market cap, or US$5.03m). Recent Insider Transactions • Aug 19
Insider recently bought AU$71k worth of stock On the 14th of August, Colin Bourke bought around 3m shares on-market at roughly AU$0.026 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$256k more in shares than they have sold in the last 12 months. New Risk • Jun 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 90% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$7.13m market cap, or US$4.74m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Tillkännagivande • May 08
Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.712114 million. Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.712114 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,070,455
Price\Range: AUD 0.03
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.03
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,333,333
Price\Range: AUD 0.03
Transaction Features: Rights Offering Tillkännagivande • Apr 04
Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.462114 million. Flynn Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.462114 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,070,455
Price\Range: AUD 0.03
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.03
Security Features: Attached Options
Transaction Features: Rights Offering Tillkännagivande • Feb 28
Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.551 million. Flynn Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.551 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,341,668
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,508,335
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Transaction Features: Subsequent Direct Listing New Risk • Dec 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$6.99m market cap, or US$4.69m). New Risk • Nov 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.2m market cap, or US$8.46m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). Tillkännagivande • Sep 21
Flynn Gold Limited, Annual General Meeting, Nov 15, 2023 Flynn Gold Limited, Annual General Meeting, Nov 15, 2023. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.55m market cap, or US$6.27m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). New Risk • Jul 03
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.4m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.15m market cap, or US$5.43m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding). Tillkännagivande • Jun 06
Flynn Gold Limited (ASX:FG1) agreed to acquire Firetower and Warrentinna tenements from Greatland Gold plc (AIM:GGP). Flynn Gold Limited (ASX:FG1) agreed to acquire Firetower and Warrentinna tenements from Greatland Gold plc (AIM:GGP) on June 5, 2023. The consideration comprises of - initial consideration of AUD 2 million to be satisfied by the issue of 2 million Flynn Gold shares, AUD 0.5 million upon the definition of a JORC-compliant Mineral Resource of at least 500,000 ounces of gold in aggregate within one or both of the Tasmanian Tenements (payable in cash or Flynn Gold shares, at Flynn Gold's election), AUD 0.5 million upon the issue of a permit to mine by Mineral Resources Tasmania in respect of any part of the Tasmanian Tenements (payable in cash or Flynn Gold shares, at Flynn Gold's election) and a 1% Net Smelter Royalty payable to Greatland in respect of any production from the Tasmanian Tenements. The transaction is approved by the Board of Flynn Gold Limited. The acquisition will formally complete on or around June 9, 2023. Tillkännagivande • Feb 14
Flynn Gold Limited Announces Trafalgar Gold Discovery Drilling Update, NE Tasmania Flynn Gold Limited to provide an update on exploration activities at the Company's 100% owned projects in Northeast Tasmania. Phase 1 diamond drilling at the Trafalgar Prospect, which is part of the Company's Golden Ridge Project now complete, with hole TFDD008 drilled to a depth of 191.7m. To date, Flynn Gold has completed 7 diamond drill holes at the Trafalgar Prospect for a total of 3,204.5 metres. Table 1 contains full details of these drill holes. Selected high-priority samples from drill holes TFDD004, TFDD005B and TFDD006 are currently with the laboratory for analysis. These samples include two zones of visible gold bearing quartz-sulphide veining observed at 160-161m and 174-176m in TFDD005B 1. Hole TFDD007 was drilled to test for gold mineralisation within the Mathinna Group sediments between TFDD006 and TFDD005/5B and was completed with a final depth of 293.8m. TFDD008 was drilled from the same pad as TFDD005, drilling a step-out hole designed to target the eastward extension of the exceptional interval of 12.3 metres @ 16.8g/t Au intersected in TFDD005 2. TFDD008 successfully intercepted multiple zones of mineralised quartz-sulphide veining and breccia. Table 3 contains the summary geological log for TFDD008. Tillkännagivande • Jan 20
Flynn Gold Limited Provides an Update on Its Diamond Drilling Program Currently Being Carried Out At the Trafalgar Prospect, Located Within the Company's 100% Owned Golden Ridge Project in NE Tasmania Flynn Gold Limited provided an update on its diamond drilling program currently being carried out at the Trafalgar Prospect, located within the Company's 100% owned Golden Ridge Project in NE Tasmania . To date, Flynn Gold has completed 5 diamond drill holes at the Trafalgar Prospect (TFDD002/2B, TFDD003, TFDD004, TFDD005/5B, and TFDD006) with the rig currently drilling TFDD007. Drill holes TFDD006 and TFDD007 have been designed to test for continuity of vein zones between TFDD002 and TFDD005/5B. In addition to previously reported assay results from prioritized sampling, further assays have been received for parts of holes TFDD005B, TFDD002B, TFDD004 and a portion of TFDD006. Drill hole TFDD005B was wedged off parent hole TFDD005 at 91.5m down hole depth and completed at a depth of 384m. First assay results have been received from priority sampling of this hole. TFDD005B intersected significant quartz veining with zones of sulphides and visible gold from 107.0m to 123.3m down hole, consistent with high-grade gold mineralization intersected over similar depths in TFDD005 (12.3m @ 16.8g/t Au and 27.6g/t Ag from 108.7 - 121.0m). The mineralized zone in TFDD005B recorded a significant intercept of: 14.7m @ 5.52g/t Au and 6.0g/t Ag from 109.4m, including: 1.6m @ 4.95g/t Au and 4.10g/t Ag from 109.4m, and 7.1m @ 10.22g/t Au and 10.84g/t Ag from 117.0m, including: 0.6m @ 109.0g/t Au and 96.1g/t Ag from 121.8m. A further zone of silicification and quartz veining including a visible gold bearing quartz vein breccia zone was observed at a depth of 345.7-348.0m down hole. This second mineralized zone recorded a significant intercept of: 2.3m @ 19.0g/t Au and 4.5g/t Ag from 345.7m, including: 0.9m @ 47.8g/t Au and 18.7g/t Ag from 346.1m. In addition to the assayed vein zones above, a further two zones of visible gold bearing quartz-sulphide veining have been recognized at 160-161m and 174-176m downhole during core logging in TFDD005B. These zones have been prioritized for sampling and assays. Hole TFDD002B was drilled as a wedge hole off parent hole TFDD002 in order to provide further testing of mineralized zones intercepted in TFDD002 (5.4m @ 10.63g/t Au from 160.1m, 9.0m @ 2.28g/t Au from 289.0m, and 4.3m @ 4.34g/t Au from 594.7m). New and updated significant mineralized intercepts from TFDD002B include: 11.0m @ 2.44g/t Au and 1.84g/t Ag from 148.0m, including: 5.0m @ 3.42g/t Au and 1.96g/t Ag from 148.0m, and 1.0m @ 9.28g/t Au and 8.14g/t Ag from 158.0m. 0.6m @ 1.99g/t Au and 0.94/t Ag from 178.4m. 3.0m @ 1.87g/t Au and 0.59g/t Ag from 247.0m. 8.5m @ 1.07g/t Au and 7.27g/t Ag from 291.0m, including: 1.0m @ 7.03g/t Au and 5.46g/t Ag from 295.0m. Hole TFDD004 was drilled to test for extensions to mineralization below TFDD003 and TFDD002. It intersected quartz-sulphide veins at 184-191m, 297-300m and 474-478m. Previously reported assays from prioritized sampling of TFDD004 included 9.7m @ 1.07g/t Au from 89.0m, and 3.85m @ 3.24g/t Au from 186.15m, including 0.4m @ 28.1g/t Au from 187.1m 3. The latest assays received are from sampled interval 451.0m to 503.5m (EOH) and include significant mineralized intercepts: 3.1m @ 1.29g/t Au and 0.49g/t Ag from 474.9m, and 0.5m @ 1.73g/t Au and 1.3g/t Ag from 489.0m depth. TFDD006: Hole TFDD006 was designed as an infill hole to test for continuity of mineralization between holes TDD002 and TFDD005. First assays have been received from priority sampling of downhole interval 71.0-98.0m, which contained a strongly quartz-mica-fluorite-sulphide greisen altered aplite dyke with disseminated pyrite and arsenopyrite from 75.0-96.0m. Despite containing elevated arsenic values (up to 4,900ppm As), only low-grade gold was returned (maximum 0.13g/t Au) from this zone. Quartz-arsenopyrite veining was observed over a 4m-wide zone from 225-229m in granitic host rock in TFDD006. This section of core has been prioritized for processing and sampling. TFDD007: Hole TFDD007 is being drilled to test for gold mineralization within the Mathinna sediments between TFDD006 and TFDD005. The hole is in progress to a depth of 192.5 metres with a planned depth of 250 metres. Tillkännagivande • Dec 20
Flynn Gold Limited Provides an Update on Diamond and Reverse Circulation Drilling At the Golden Ridge and Portland Projects in Northeast Tasmania Flynn Gold Limited provided an update on diamond and reverse circulation drilling at the Golden Ridge and Portland Projects in northeast Tasmania. Golden Ridge Project Scout RC Drilling: The scout reverse circulation (RC) drilling program comprised 12 RC drillholes for a total of 1,455m (average hole depth was 121m). The program was designed as reconnaissance scout drilling to test multiple previously undrilled priority target areas identified by the Company at the Kensington, Blinding and Link Zone Prospects. Laboratory assays have been received for all 12 RC holes. Collar details and significant mineralised intervals are contained. Highlights · Anomalous gold results returned from all target areas in recent RC drilling confirm an extensive gold mineralisation system at the Golden Ridge Project in NE Tasmania (100% owned by Flynn Gold). · Twelve wide-spaced reconnaissance scout RC holes across three prospects Kensington, Blinding, and Link Zone, spread over 6km of strike length, returned anomalous gold intercepts including: o LZRC001: 1.0m @ 3.22g/t Au from 30.0m, and 2.0m @ 2.83g/t Au from 73.0m, including 1.0m @ 4.91g/t Au from 73.0m. o LZRC004: 33.0m @ 0.50g/t Au from 40.0m, including 2.0m @ 2.24g/t Au from 40.0m, and 1.0m @ 2.26g/t Au from 54.0m, and 3.0m @ 1.98g/t Au from 61.0m. o KERC001: 2.0m @ 2.82g/t Au from 20.0m, including 1.0m @ 5.28g/t Au from 20.0m. o KERC004: 3.0m @ 2.01g/t Au from 1.0m. o BLRC002: 52.0m @ 0.19g/t Au from 26.0m, including 13.0m @ 0.29g/t Au from 45.0m. · The scout RC drilling was the first drilling outside the Brilliant and Trafalgar Prospects at the Golden Ridge Project and represents an important step in testing the eight kilometre-strike potential of the gold mineralisation system at Golden Ridge. · Final assays received from the Brilliant Prospect Phase 1 diamond drilling, extending mineralisation open along strike by up to 200m. · A review has identified potential for a high-grade vein system at Brilliant, with previously reported high-grade intercepts from the drill program including: o BRDD002: 0.5m @ 16.05g/t Au from 99.5m o BRDD003: 3.0m @ 7.42g/t Au from 146.0m, 0.5m @ 19.76g/t Au from 157.0m, and 0.5m @ 52.7g/t Au from 195.0m. o BRDD006: 1.6m @ 11.96g/t Au from 30.4m. · Drilling ongoing at Trafalgar Prospect with hole TFDD006 completed and TFDD007 commenced. Tillkännagivande • Dec 13
Flynn Gold Limited Provides Outstanding 12.3m@16.8g/t Au Intersection at Trafalgar Flynn Gold Limited to provide an update on the latest results of its diamond drilling program currently underway at the Trafalgar prospect, part of the Company's Golden Ridge Project in NE Tasmania. To date the Company has completed 4 diamond drill holes at the Trafalgar prospect (TFDD002/2B, TFDD003, TFDD004 and TFDD005/5B) with the rig currently drilling TFDD006. Drill hole TFDD005 was sited approximately 100m east of the mineralised zone intersected in TFDD002, and 200m east of TFDD003-004. TFDD005 was drilled into hornfelsed Mathinna Group sediments with several shallow historical workings nearby. The hole intersected a spectacular zone of quartz vein with semi-massive sulphides including visible gold at approximately 120m depth. This vein is currently interpreted to correspond with vein zones intercepted in previous drill holes TFDD002, TFDD003 and TFDD004. Outstanding high-grade gold was intersected in TFDD005 within this zone, recording: 12.3m @ 16.8g/t Au and 27.6g/t Ag from 108.7m, including 4.7m @ 14.6g/t Au and 19.25g/t Ag from 108.7m, including 0.85m @ 72.0g/t Au and 96.1g/t Ag from 111.75m, and 2.0m @ 68.5g/t Au and 123.0g/t Ag from 119 to 121m (EOH), including 1.25m @ 106.6g/t Au and 195.1g/t Ag from 119.75m, including 0.7m @ 152.5g/t Au and 277.0g/t Ag from 120.3m to EOH. Hole TFDD005B, drilled off TFDD005 at 91.5m, intersected further intense quartz veining with semi-massive sulphides and visible gold through to a depth of approximately 123m. TFDD005B intersected further zones of veining downhole, including a quartz vein breccia zone with visible gold between 345.8-346.8m (Figure 8), and was completed at a depth of 384m. Processing and sampling of TFDD005B drill core is ongoing and assay results will be reported when they become available. Drilling of TFDD006 with a planned depth of 300 metres is underway with 250 metres completed to date. TFDD006 will test for continuity of vein zones between TFDD002 and TFDD005/5B. New assay results have also been received for drill holes TFDD002B, TFDD003 and TFDD004. Significant results are listed in Table 2, and include: Hole TFDD004 commenced from the same collar position as TFDD003 and was drilled to a depth of 503.5m, testing for extension to mineralisation below TFDD003 and TFDD002. It intersected quartz-sulphide veins at 184-191m, 297-300m and 474-478m with assays pending for the latter two intervals. Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Executive Director Sam Garrett is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Oct 29
Flynn Gold Limited Announce Encouraging Results from Its Ultra-Fine Fraction Soil Sampling Program at the Mt Dove Project Located Approximately 25Km North-Northwest of the Wodgina Lithium Mine Flynn Gold Limited announced encouraging results from its Ultra-fine Fraction ("UFF") soil sampling program at the Mt Dove project located approximately 25km north-northwest of the Wodgina Lithium Mine, 34km west-northwest of the Pilgangoora Lithium Mine and 12km to the southwest of De Grey Limited's (ASX:DEG) Hemi gold deposit, in the Pilbara region of Western Australia. The Mt Dove project UFF soil sampling program was designed to provide a first pass geochemical test of granted exploration licences, E47/3888 and E45/5055, with a broad (400 x 400m) coverage of the two tenements. The UFF soil geochemistry technique has been recently developed specifically as an exploration tool to explore for mineral deposits buried beneath shallow transported cover. In total 497 samples were collected during the program. A small portion in the south of E45/5055 was sampled on a closer spaced (400 x 200m) grid where Kairos Minerals Limited's (ASX:KAI) soil and aircore gold anomaly trends onto Flynn's southern tenement boundary 1. Anomalous gold and distinct lithium trends were identified from the UFF soil sample results. The UFF soil sampling program has delineated a number of lithium anomalies and associated pathfinder elements and zonation trends. These trends show a general zonation from the southwest to the northeast with increasing niobium, beryllium, caesium, rubidium and tin towards the east- northeast margin of the survey. There are eleven low tenor coherent UFF lithium anomalies (>70ppm Li) which warrant further infill UFF soil sampling. One of the high priority anomalies is located in the north-eastern corner of E45/5055 and comprises four samples with UFF lithium assay results greater than 100ppm Li with supporting tin, caesium and rubidium anomalism. Three of the lithium anomalies have been further prioritised by detailed multi- element analysis of the UFF results. Tillkännagivande • Oct 25
Flynn Gold Limited Announces 1.2 metres @ 65.9g/t Gold in Trafalgar Drilling, NE Tasmania Flynn Gold Limited provided an update on the latest results of its drilling program currently underway at the Trafalgar prospect within the Golden Ridge Project in northeast Tasmania. Highlights: First assay results received for diamond drill hole TFDD003 at Trafalgar, NE Tasmania include an outstanding shallow high-grade gold intersection of: 1.2 metres @ 65.9g/t Au from 57.5m, including: 0.5m @ 143.0g/t Au from 57.5m; Other results from first assays in TFDD003 include: 1.3m @ 2.28g/t Au from 149.2m, including: 0.5m @ 5.26g/t Au from 150.0m; Further priority assays are pending from TFDD003 for an additional vein structure intersected at 286-303 metres; Drill hole TFDD004, drilled below TFDD003, has been completed, to 503.5m, and intersected vein structures at 85-100m, 184-191m, 297-300m and 474-478 metres with assays pending; Drilling of hole TFDD005 (planned depth 350m) has commenced. LATEST DRILLING: TFDD003 is the Company's second drill hole at Trafalgar, designed as a 100m step-out to the west of hole TFDD002. A third hole, TFDD004 was collared at the same location, and was drilled below TFDD003. Significant gold intervals previously reported1 from drilling at the Trafalgar Prospect in hole TFDD002 included: 5.4m @ 10.63g/t Au from 160.1m, 1.3m @ 2.37g/t Au from 250.7m, 9.0m @ 2.28g/t Au from 289.0m, and 4.3m @ 4.34g/t Au from 594.7m. The reported high-grade interval of 0.5m @ 143.0g/t Au at 57.5m is associated with a massive quartz-sulphide (pyrite-galena-sphalerite-arsenopyrite) vein hosted in altered granodiorite and is interpreted to be a possible continuity of high-grade gold assays returned from outcrop rock-chip samples in the vicinity. Further assays from TFDD003 are pending, including additional zones of prioritised sampling of quartz-sulphide vein structures at 286-303m and the Company looks forward to reporting these once results have been received and reviewed. Drill hole TFDD004 was completed last week to a depth of 503.5m testing for extensions to the mineralised zones intersected in TFDD002 and TFDD003. Logging and cutting of core from TFDD004 is underway. Significant zones of mineralised vein structures at 85-100m, 184-191m, 297-300m and 474-478m have been noted in TFDD004 with assays pending. Drilling of the fourth hole, TFDD005, commenced this week. This hole will be drilled to test for extensions of the mineralised zones approximately 100m east of the zones intersected in TFDD002. Further drilling at Trafalgar to test the extensions and continuity of gold mineralisation is planned. The Company looks forward to updating the market on the results and analysis of these exploration activities as they become available. Tillkännagivande • Oct 07
Flynn Gold Limited, Annual General Meeting, Nov 09, 2022 Flynn Gold Limited, Annual General Meeting, Nov 09, 2022, at 12:00 AUS Eastern Standard Time. Agenda: To receive and consider the Financial Report of the Company, together with the Directors' Report (including the Remuneration Report) and Auditor's Report as set out in the Company's Annual Report for the year ended 30 June 2022; to adopt Remuneration Report; to Re-elect Mr John Forwood as a Director of the Company; to approve 10% Placement Facility; and to transact such other business matters. Tillkännagivande • Sep 22
Flynn Gold Limited Updates on Latest Results of Drilling Program Currently Underway At the Trafalgar Prospect, Located Within the Company's Golden Ridge Project in Northeast Tasmania Flynn Gold Limited provide an update on the latest results of its drilling program currently underway at the Trafalgar Prospect, located within the Company's Golden Ridge Project (EL17/2018) in northeast Tasmania. diamond hole of the Company's drilling program at the Trafalgar Prospect. The hole was designed to target extensions to an historical drill hole intercept of 5.0m @ 12.56g/t Au 1 and to provide important stratigraphic, structural, and mineralogical information to advance the Company's understanding of the mineralisation system at Trafalgar. Subsequent drilling, which is currently in progress, is testing for extensions to the gold mineralisation encountered in holes TFD001 and TFDD002 over a strike length of 250m and Sampling of lower priority sections of hole TFD002 is on-going and any significant results will be reported in due course. The high-grade gold mineralised intercepts are generally associated with quartz-sulphide visible gold bearing veins and vein breccia hosted in biotite- hornfelsed sediments of the Mathinna Group2. The main mineralised vein sets appear to strike ENE-WSW and dip steeply to the SE. Projections of the vein zones to surface are being followed up with surface mapping and sampling. A wedge hole, TFDD002B, was drilled off TFDD002 from a depth of 123 metres down hole and was completed to a depth of 420.6 metres. TFDD002B did not deviate from the line of TFDD002 as much as was planned and the mineralised zones intersected in TFDD002B were in similar locations to TFDD002. They will provide valuable comparative geological information and assay results of these zones in due course. Hole TFDD003 was drilled towards the south from an offset position approximately 100 metres west along the interpreted strike of the main mineralised veins intersected in TFDD002. Logging and selective sampling for assaying of likely mineralised zones within TFDD003 is well advanced. Hole TFDD004 has been commenced from the same collar position as TFDD003. This hole is being drilled at a steeper dip to test for mineralisation below TFDD003. Once hole TFDD004 is completed the Company plans to drill additional hole(s) to test for along strike and up-dip extensions of the multiple gold bearing veins intersected in drilling to date. Concurrent with the Company's drilling at the Trafalgar Prospect, drilling and associated exploration activities at other Northeast Tasmanian prospects remains on-going. The Company completed a diamond drilling program at the Brilliant Prospect at the Golden Ridge Project in April 2022. A total of fourteen holes for 4,222 metres were drilled. Selective drill core sampling has been completed and the Company is awaiting final assay results before updating the geological model for this prospect. The Company completed its Phase 2 diamond drilling program at the Grand Flaneur Prospect within the Portland Project in July 2022. Four holes for 1,190.5 metres were completed. Core logging, cutting and selective sampling is ongoing. Once all sampling and assay results are received the Company will update its geological model for this prospect. The Company recently completed a regional scout reverse circulation drilling program at the Golden Ridge Project. In total 12 RC holes for 1,455 metres were completed across the Kensington Blinding and Link Zone prospects. This RC program is the first recorded drilling undertaken at these prospects. and was designed as a scout program to test previously undrilled priority target areas identified by the Company. Sample assaying is underway. Recent exploration activities at the Mangana and Lisle Projects have involved historical data reviews, prospect reconnaissance to confirm access, geological mapping and sampling. It is expected that this work will lead to the generation of targets for future drill testing. The Company looks forward to updating the market on the results and analysis of these exploration activities as they become available. Tillkännagivande • Aug 24
Flynn Gold Limited Provides an Update on Its Drilling Program Underway At the Trafalgar Prospect Flynn Gold Limited provided an update on its drilling program currently underway at the Trafalgar Prospect, part of the Company's Golden Ridge Project in northeast Tasmania. Flynn Gold has increased its drilling capacity at Trafalgar with a second diamond core drill rig mobilised to site. The new rig has commenced drilling on hole TFDD003, targeting along- strike and down-dip extensions to vein zones intercepted in historical hole TFDD001 and Flynn Gold's recently completed TFDD002. The new rig will operate initially on a single shift basis, with the intention to move to double shift within a month. Geological logging of drill hole TFDD002, which targeted extensions to a historical drill hole intercept of 5.0m @ 12.56g/t Au (TFD001)1, has identified occurrences of visible fine grained gold in four wide (>4m downhole widths) quartz veinzones at 160.1m to 165.5m4, 292.3m to 298.0m, 392.0m to 397.0m, and 594.2m to 598.3m. The quartz vein zones are typically structurally controlled (related to shear zones) and all include the presence of key indicator sulphides, dominated by arsenopyrite (considered to be the best indicator for gold mineralisation at Golden Ridge) as well as galena, sphalerite, chalcopyrite, pyrrhotite and pyrite (Figures 3, 4, and 6). In addition to the broad structurally-controlled vein zones, narrow (<10-20 cm) discrete veins with laminated/banded sulphides were also intersected throughout the hole, including a 10cm wide quartz-sulphide vein at 339.5m containing abundant arsenopyrite mineralisation . The occurrence of additional vein zones in TFDD002 with similar mineralisation styles to the T1 zone is considered highly encouraging and sampling and assaying of these zones has been prioritised due to the presence of visible gold associated with the veins. The prioritised assay results are anticipated to be returned in 3 to 4 weeks after submission. The scout RC drilling program at the Golden Ridge project, as announced on 26 July 2022, is progressing well with drilling at the Kensington prospect now completed. Drilling has been slower than anticipated due to the hardness of the metamorphosed host rocks. Five scout RC holes for a total of 654m have been completed at Kensington. The RC rig has now mobilised to the Blinding prospect and has commenced scout drilling to test a zone of outcropping ferruginous quartz veining in silicified metasediments adjacent to the granodiorite contact. The Blinding prospect is located approximately 500m west of the Brilliant prospect and reports anomalous gold from historical surface sampling. Following completion of the Blinding holes, the rig is planned to move to the Link Zone prospect area with the aim of testing areas of fractured limonitic meta-sandstone with sheeted to conjugate quartz veinlets and quartz vein breccia observed in outcrop along the ridge line that have returned anomalous gold from previous reconnaissance rock chip sampling. Tillkännagivande • Aug 22
Flynn Gold Limited Appoints Neil Marston as CEO Flynn Gold Limited announced the appointment of Mr. Neil Marston as the Company's Chief Executive Officer, with effect from 24 August 2022. Neil was the founding Managing Director and Company Secretary of Bryah Resources Limited. Prior to this he was the Managing Director and Company Secretary of Horseshoe Metals Limited. Neil has over 30 years of experience in the mining and minerals exploration sector and is a proven ASX-listed company leader, with a strong governance and corporate finance background. Sam Garrett will continue his key role Executive Director. Neil's appointment will enable Sam to increase his focus on exploration and geological oversight of the Company's programs. Tillkännagivande • Jul 26
Flynn Gold Limited Announces Reverse Circulation Drilling Underway At Kensington Flynn Gold Limited provided an update on exploration activity at the Golden Ridge Project in northeast Tasmania. The planned reverse circulation (RC) drilling program comprises approximately 10 shallow exploration drillholes for an expected total of 1,350m. The program is designed as a scout drilling program to test multiple previously undrilled priority target areas identified by the Company (Kensington, Blinding and the Link Zone). Kensington Prospect:- RC drilling has started at the Kensington prospect, located around 4km northwest of the Brilliant prospect workings. The Kensington area was originally identified by the Company as a zone of interest due to consistently anomalous gold values in stream sediments draining the southwestern granodiorite/hornfels contact zone. Early reconnaissance in the area by Flynn geologists identified extensive zones of sheeted to stockwork/conjugate quartz veining and quartz vein breccia, developed in hornfelsed sandstone over an area some 600m in length along the north-south trending ridge. Initial sampling by Flynn indicated widespread anomalous gold with up to 1.74g/t Au from strongly limonitic sheeted grey veins and vein breccia in clayey fine grain sandstone. These sampled veins occur around 1km from the granodiorite/sediment contact (at surface) but are still within the mapped contact metamorphic aureole. Follow-up rock chip sampling returned further anomalous results ranging between 0.65g/t and 31.0g/t Au. Sample GR90144 taken from an outcropping 20cm wide quartz vein with patchy arsenopyrite and secondary scorodite assayed 31.0g/t Au3. Blinding Prospect:- Planned scout RC drilling at the Blinding prospect will test a zone of outcropping ferruginous quartz veining in silicified metasediments adjacent to the granodiorite contact, located approximately 500m west of the Brilliant prospect (where Flynn recently completed a 4,222m diamond drilling program). Previous reconnaissance rock chip sampling by Flynn at Blinding returned anomalous assays (>0.1g/t Au) ranging between 0.24 and 2.83g/t Au over a 350 x 350m wide area. Tillkännagivande • Jul 05
Flynn Gold Limited Provides Update on its Maiden Drilling Program Flynn Gold Limited to provide an update on its maiden drilling program currently underway at the Trafalgar prospect within the Golden Ridge Project in northeast Tasmania. Trafalgar Prospect Drilling: TFDD002 is the first hole of Flynn Gold's maiden drilling program at Trafalgar which commenced in late April 2022. The planned Trafalgar drill program comprises 3 to 4 holes (for up to 1,400m), designed to test the mineralised granodiorite-hornfels contact over a strike length of 250m. TFDD002 was designed to target extensions to an historical drill hole intercept of 5.0m @ 12.56g/t Au (TFD001)1 and to provide important stratigraphic, structural, and mineralogical information towards advancing understanding of the mineralisation system at Trafalgar. The first assay results from sampling of TFDD002 have been received. The results represent preliminary assays from selective, partial sampling of TFDD002 from a zone prioritised for assay the following observation of fine-grained visible gold in drill core. The reported mineralised intercept is associated with quartz-sulphide (pyrite-arsenopyrite-galena) visible gold bearing veins and vein breccia hosted in biotite-hornfelsed sediments of the Mathinna Group. It is located proximal to the contact with the Golden Ridge granodiorite (at 206m downhole). Structural logging of the orientated core indicates that the mineralized vein set strikes ENE-WSW and dips steeply to the SE. These structural orientations are consistent with other mineralised veins observed and sampled3 in outcrop and historical workings in the broader Trafalgar prospect area. A second, parallel zone of significant visual veining and mineralisation is observed further downhole in TFDD002 between 264 to 297m. This zone (yet to be sampled) comprises variably intense quartz-sulphide veining and heavily disseminated sulphides hosted in altered granodiorite. It is consistent with (and proximal to) the granodiorite-hosted high-grade mineralisation intercepted in historical drill hole TFD001. Further zones of quartz veining occur throughout TFDD002 in both the granodiorite and hornfels aureole host rock. These zones are currently being logged and sampled and further results will be reported as assays are received. Drill hole TFDD002 is ongoing at the time of reporting (at a depth of approximately 535m with a maximum planned depth of 600m). A wedge hole is planned off the TFDD002 parent hole to enable further testing of the high-grade intercept zones. Additional drill holes are in planning/permitting stage and include new drill targets identified from the recently completed dipole-dipole IP survey over the Trafalgar prospect area. Additionally, statutory approvals for planned drilling programs at the Blinding, Link Zone and Kensington prospects (totalling around 4,500m of drilling) have been received. The company has secured the contract for an RC drill rig for part of these programs, with the rig expected to mobilise to site during July. Tillkännagivande • May 26
Flynn Gold Limited Provides Update on Exploration Activity At the Golden Ridge Project in Northeast Tasmania, Australia Flynn Gold Limited provide an update on exploration activity at the Golden Ridge Project in northeast Tasmania, Australia. Brilliant Prospect Phase 1 Drilling Program Completed: The completed diamond drilling program at the Brilliant prospect comprised 14 holes for a total of 4,222m, with the prospect tested over a 350m strike length and to a maximum vertical depth of approximately 400m from surface. New assay results from drillholes BRDD004, BRDD007, BRDD008, BRDD009 and BRDD011 (partial results) have been received, with significant mineralised intercepts (using a 0.3g/t Au cut-off grade) including: BRDD004: 13.4m @ 0.95g/t Au from 36.6m, including 4.2m @ 1.95g/t Au from 41.8m; 3.0m @ 1.1g/t Au from 104.0m; BRDD007: 9.9m @ 0.41g/t Au from 24.1m; BRDD011: 5.0m @ 2.93g/t Au from 25.0m; 1.0m @ 1.27g/t Au from 58.7m; 1.0m @ 2.3g/t Au from 283.0m; Wide zones of low-grade anomalous mineralised intercepts (using a cut-off grade of 0.1g/t Au) were also identified, and include: BRDD004: 42.4m @ 0.43 g/t Au from 36.6m; BRDD011: 54.0m @ 0.2 g/t Au from 298m. Assay results for the remainder of BRDD011, and for holes BRDD010, BRDD012, BRDD013 and BRDD014 are currently awaited before the Company can fully review and assess the outcomes of the Phase 1 program at Brilliant, however, results to date are considered encouraging with multiple new near-surface zones of mineralisation identified along strike from historical drilling. Trafalgar Prospect Drilling: Following completion of the Brilliant Phase 1 program, the drill rig has moved to the Trafalgar prospect, located 2.5km to the northeast of Brilliant. The rig is currently drilling government co-funded hole TFDD002 targeting extensions to a historical drill hole intercept of 5.0m @ 12.56g/t Au (TFD001)1. The currently planned and permitted diamond drilling program at Trafalgar comprises 3-4 holes for up to 1,400m designed to test the mineralised granodiorite-hornfels contact along approximately 250m of strike. The diamond drill core will additionally provide important stratigraphic, structural and mineralogical information that will be key in advancing understanding of the Golden Ridge mineralisation system and identifying vectors to high- grade mineralisation. Extensions to the Trafalgar drilling program are anticipated with new drill targets identified from a dipole-dipole IP survey recently completed over the prospect. These additional holes are currently in the planning and permitting stage. Dipole-Dipole Induced Polarisation and Trial Soil Surveys: Four dipole-dipole IP survey lines were recently completed over the Brilliant and Trafalgar prospect areas. Each IP line was approximately 2.5km in length, orientated N-S, and designed to test the granodiorite-hornfels contact zone in areas of known (drilled) mineralisation as well as testing GAIP anomalies identified previously within the main body of granodiorite north of the contact. On line 585950mE at the Brilliant prospect, a strong chargeability anomaly corresponds with the thickest zone of mineralisation intersected in historical and recent drilling. On the same section to the north of Brilliant, an elongate north-dipping chargeability anomaly interpreted to be hosted entirely within the granodiorite has been identified at 100-200m depth below surface. At the Trafalgar prospect, a N-S trending zone of partially overlapping chargeability and resistivity anomalies on lines 588150mE and 588350mE are potentially coincident with mineralisation and alteration along the granodiorite-hornfels contact zone. The correlation of dipole-dipole IP responses to known mineralisation at both the Brilliant and Trafalgar prospect area is considered encouraging and warrants further follow-up exploration. Drill hole planning to test priority IP targets at both prospects is underway with permitting applications to be submitted in due course. In addition to the dipole-dipole IP survey, ultra-fine clay fraction soil sampling and analysis (Ultrafine+, LabWest) is being trialled along the IP lines, since outcrop on the steep slopes of Golden Ridge is commonly masked by thick cover of transported soils and scree making these areas unsuitable for conventional soil sampling. Results from the trial Utrafine+ soil sampling along the IP lines are anticipated to assist with further prioritisation of IP drill targets. Diamond Drilling Forward Program The permitted drilling program at Trafalgar is anticipated to take approximately 3 months to complete. It is anticipated that further drillholes targeting priority IP anomalies will be permitted and, pending results of the initial holes, the drilling at Trafalgar may be extended. Additionally, statutory approvals for planned drilling programs at the Blinding, Link Zone and Kensington prospects (totalling around 4,500m of drilling) have been received and the Company is looking to source an additional drill rig for these programs. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Chairman Clive Duncan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 31
Flynn Gold Limited Announces Phase 2 Drilling Program Commences At Portland Gold Project Flynn Gold Limited announced that it has commenced Phase 2 drilling at the Company's Portland Gold Project, located in northeast Tasmania, Australia. The planned drilling program comprises around 4-7 holes for approximately 1,000m and is designed to test down-dip and strike extensions to known mineralization, as well as testing deep conceptual targets along the prospective Rushy Lagoon Anticline trend. The diamond drill core will additionally provide important stratigraphic and structural information that will be used to develop and upgrade the Portland exploration model. The drill rig has mobilized to site and is currently drilling hole GFDD007 (Figure 2), targeting down-dip extensions to previously announced1 intercepts of 1.4m @ 9.66 g/t Au from 45.6m (GFDD004) and 0.5m @ 12.75 g/t Au from 18.4m (GFDD002). GFDD007 will also test the position of the Rushy Lagoon Anticline at depth, which is considered prospective for saddle reef style targets. The Phase 2 diamond drilling program is scheduled to be followed up by an RC drilling program for which the Company recently received statutory approvals. The RC drilling program, planned to commence during Second Quarter 2022, will infill test the 1.5 km strike length between the Grand Flaneur and Blue Bell prospects along the highly prospective Rushy Lagoon Anticline trend. Other planned upcoming exploration activities at Portland include detailed drone magnetic and gradient array and dipole-dipole IP surveys, also scheduled to commence in Second Quarter 2022. Golden Ridge Project Exploration Activity Update: Flynn's diamond drilling program at the Brilliant prospect, Golden Ridge, is ongoing, with 13 drill holes for 4,017m completed to date. Assay results for several holes are keenly awaited. Assay turn-around times at the laboratory are currently in the order of 3-4 months, with delays exacerbated by refurbishments at the main sample preparation lab in Tasmania. The Company aims to be able to provide further drilling result updates in the near future. The Company is currently carrying out trial dipole-dipole IP surveys lines over the Brilliant and Trafalgar prospects and has recently received statutory approvals to conduct an extensive trenching program in the Link Zone and diamond drilling at the Trafalgar prospect, with these planned to commence during Second Quarter 2022. Additionally, a detailed airborne magnetics program is being planned and permitted for the wider Golden Ridge project area. Tillkännagivande • Mar 07
Flynn Gold Limited Announces Tenements Granted to Koolyanobbing Gold-Lithium Project Yilgarn Wa Flynn Gold Limited announced that 7 tenements have been granted to Flynn which make up its 100% owned Koolyanobbing Au-Li project in theYilgarn of Western Australia. The Koolyanobbing Au-Li project, owned 100% by Flynn, is located 100km north of Southern Cross in the Yilgarn Craton of WA and comprises 7 granted tenements prospective for Au-Li mineralisation associated with the Marda-Diemals greenstone belt. Two additional tenement applications are pending grant. At Koolyanobbing, the Company is targeting Au-Li mineralisation associated with the Koolyanobbing and Mt. Dimer Shear zones, which are major crustal-scale structures along the granite-greenstone contacts up to 5-15km wide and extending up to 450km long. The Marda-Diemals greenstone belt, which is considered prospective for lithium pegmatites, intrusive-related gold systems (IRGS) as well as high-grade lodes includes known gold and iron deposits (including Marda Au and Windarling Fe). The belt is considered under-explored for Li by comparison with other greenstones in the Yilgarn and Pilbara cratons. Tillkännagivande • Sep 25
Flynn Hits More High-Grade Gold At Brilliant Flynn Gold Limited announced it has received high-grade gold assay results from drill hole BRDD003 at the Brilliant prospect at its Golden Ridge Project
in northeast Tasmania. Preliminary assays received from diamond drill hole BRDD003 at Brilliant have returned multiple high-grade gold intercepts within broad mineralisation zones. BRDD003 was designed to confirm results of historical drillholes and to provide data relating to the orientation of structures, veining and mineralisation. BRDD003 was completed to a depth of 309.8m, intersecting variably contact metamorphosed (biotite-hornfelsed) sandstone and interbedded sandstone-siltstone sequences of the Mathinna Group. Multiple zones of sheeted quartz-arsenopyrite-pyrite veining with associated gold mineralisation occur throughout the hole. The mineralised veins are associated with variable silica and sericitic alteration of the hornfelsed host rock. A zone of fault-shearing was intersected from approximately 146.5m to 150.4m downhole depth which is interpreted to represent an important structural and geological bounding feature to mineralised zones in BRDD003 and also in nearby drillhole GRD006. Structural logging of the oriented drillcore indicates that mineralised vein sets predominantly strike northeast and dip steeply to sub-vertically towards the southeast. Recent Insider Transactions • Jun 26
Insider recently bought AU$79k worth of stock On the 21st of June, Colin Bourke bought around 530k shares on-market at roughly AU$0.15 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Tillkännagivande • Jun 16
Flynn Gold Limited has completed an IPO in the amount of AUD 10 million. Flynn Gold Limited has completed an IPO in the amount of AUD 10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 Tillkännagivande • Jun 15
Flynn Gold Limited acquired 13.332% stake in Tasmanian Exploration Licenses. Flynn Gold Limited acquired 13.332% stake in Tasmanian Exploration Licenses on October 19, 2020. Under the terms, Flynn Gold will pay AUD 0.125 million in cash and 91 fully paid ordinary shares in Flynn Gold to be paid seven days after the acquisition date at AUD 219 per share; 91 fully paid ordinary shares in, and to be issued by related party, Pacific Trends Resources Pty Ltd ("PTR");91 fully paid ordinary shares in, and to be issued by related party, Pacific Trends Resources Holdings Pty Ltd ("PTR Holdings"); AUD 0.06 million cash component to be paid six months after the acquisition date; and AUD 0.06 million cash component to be paid 12 months after the acquisition date. The initial AUD 0.12 million cash component was paid by PTR on behalf of Flynn Gold.
Flynn Gold Limited completed the acquisition of 13.332% stake in Tasmanian Exploration Licenses on October 19, 2020. 