What did Flynn Gold (ASX:FG1) announce regarding its Firetower Project?

Flynn Gold has commenced an expanded Phase 2 diamond drilling programme at its 100%-owned Firetower Gold-Tungsten Project in northern Tasmania. Following board approval, the exploration campaign was upscaled from three holes to ten drill holes, totalling 1,600 metres of extensional and in-fill drilling.

Why did Flynn Gold (ASX:FG1) decide to expand its drilling campaign?

The expansion allows Flynn Gold to aggressively test for depth and down-dip extensions of high-grade polymetallic gold-tungsten-cobalt mineralisation.

What specific targets is Flynn Gold (ASX:FG1) focusing on right now?

The first drill hole is currently targeting the depth beneath a previous high-grade intercept that yielded 17 metres at 2.31g/t gold and 0.73% tungsten oxide.

What is the long-term goal for the Firetower Gold-Tungsten Project?

The primary objective of this drilling campaign is to gather enough data to deliver a maiden mineral resource estimate for Firetower. Additionally, the operation will collect fresh core samples necessary for upcoming metallurgical testwork to determine how easily the metals can be processed.

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Flynn Gold expands Tasmanian diamond drilling program

Written by Liezl GambePublished Jun. 1 2026

Exploration company Flynn Gold (ASX:FG1) has commenced an expanded Phase 2 diamond drilling programme at its 100%-owned Firetower Gold-Tungsten Project in northern Tasmania.

Following recent board approval, the campaign has been upscaled from three holes to ten drill holes, totalling 1,600m of extensional and in-fill drilling.

The expanded initiative is strategically designed to test for depth and down-dip extensions of the high-grade polymetallic gold-tungsten-cobalt mineralisation, which remains largely untested below 100m from the surface.

The first hole is already underway, targeting areas beneath a previous high-grade intercept that yielded 17m at 2.31g/t gold and 0.73% tungsten oxide.

Beyond testing extensions, the operation will collect fresh core samples crucial for planned metallurgical testwork.

Flynn Gold's Managing Director and CEO, Neil Marston, expressed optimism about rapidly advancing the project, noting that these combined results will directly support the delivery of Firetower's highly anticipated maiden mineral resource estimate.

The company confirmed that diamond drilling at its nearby Henty Silver-Lead-Zinc Project has concluded, with six holes completed for 1,248m and final assay results currently pending.

At the time of reporting, Flynn Gold’s share price was $0.022.