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- Strong silver-lead-zinc mineralisation intersected in all five drill holes
- Developing geological model indicates strike-extensive, structurally controlled vein systems
- Multiple prospective mineralised vein trends identified across broader project area
- Excellent infrastructure, including sealed road access, grid power and proximity to the mining centre
Flynn Gold (ASX:FG1) has intersected strong silver-lead-zinc mineralisation in all five drill holes in its maiden drilling program at the Silver King prospect in Tasmania.
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Silver King is located within the Henty silver-lead-zinc project near Zeehan and the latest results have confirmed the presence of significant silver-lead-zinc mineralisation beneath historical workings.
The program represents the first modern drilling completed along the Silver King trend in more than 80 years and has successfully confirmed high-grade silver-lead-zinc mineralisation beneath the historical Silver King and South King mines.
MD and CEO, Neil Marston, said importantly, the Silver King vein trend forms part of a broader cluster of historically productive silver-lead-zinc vein systems across the northern Henty project area.
He told shareholders continued compilation of historical exploration data, together with Flynn’s geological mapping and surface sampling, is identifying multiple prospective mineralised vein trends beyond Silver King, highlighting the district-scale exploration potential of the North Henty project.
“This maiden drilling program has delivered exactly what we set out to achieve – beyond confirming high-grade silver-lead-zinc mineralisation beneath the historical Silver King and South King mines, the program has significantly improved our understanding of the geological controls on mineralisation along the Silver King trend, providing a strong platform for the next phase of exploration.
“The program has identified multiple high-priority targets along the 1.6-kilometre Silver King trend, with significant portions of the trend remaining untested by modern drilling. These results give us increasing confidence that additional high-grade mineralisation can be targeted along strike and at depth.
“Beyond Silver King, our ongoing review of historical exploration, combined with geological mapping and surface sampling, is revealing a much larger mineralised system across the North Henty project. This expanding pipeline of targets provides Flynn with exciting exploration opportunities well beyond the current drilling area.”
While drilling has focused on the Silver King trend, Flynn has continued compiling historical exploration data together with regional geological mapping and reconnaissance rock-chip sampling across the broader North Henty project area.
This work is progressively identifying multiple mineralised silver-lead-zinc vein trends beyond the drilled Silver King corridor and significantly expanding the company’s understanding of the project’s district-scale exploration potential.
FG1 was up 11.1% to 2.0¢. Mkt cap $2.954M.
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