- Flynn Gold (FG1) granted a tenement in the Pilbara region of Western Australia
- The tenement E45-5055 covers around 67 square kilometres and is one of three tenements and applications that make up the company’s Mt Dove project
- Exploration at Mt Dove is expected to commence late in the first quarter or early in the second quarter of 2022, depending on weather conditions
- On the market today, Flynn Gold was down 11.8 per cent at 15 cents per share
Flynn Gold (FG1) has been granted a tenement in the Pilbara region of Western Australia.
The tenement E45-5055 covers around 67 square kilometres and is one of three tenements and applications that make up the company’s Mt Dove project, located near De Grey’s (DEG) Hemi Deposit.
Exploration at Mt Dove is expected to commence late in the first quarter or early in the second quarter of 2022, depending on weather conditions.
These programs will target Hemi-style intrusive related gold mineralisation and structurally-controlled gold mineralisation as well as pegmatite-hosted lithium mineralisation.
“The recent discovery at Hemi by De Grey has generated significant international and local interest in the region for gold, and we plan to have boots-on-ground at the earliest opportunity,” Executive Director Sam Garrett said.
“Despite the close proximity to Hemi, the Mt Dove project area is under-explored
and we have historical evidence of anomalous surface geochemistry in the vicinity that has not been followed up with drilling.”
On the market today, Flynn Gold was down 11.8 per cent at 15 cents per share at 2:35 pm AEDT.