Flynn Gold (ASX: FG1) kicked off a landmark diamond drilling program at its 100%-owned Silver King prospect, located near the historic mining town of Zeehan in Western Tasmania.
The initiative marks the first drilling activity at the site in approximately 80 years, representing a significant modern proof-of-concept test for the region.
The program is specifically designed to evaluate the 1.6km-long Silver King trend, targeting potential down-plunge extensions of the high-grade silver-lead-zinc mineralisation that was historically extracted from the area.
The Silver King Mine is steeped in rich mining history; Zeehan has been recognised since 1882 for its extensive high-grade vein-style deposits.
Historical records from 1947 underscore the site's potential, with reported assay grades reaching up to 547g/t Ag and 47.5% Pb over a 0.5-meter interval beneath the old workings.
Flynn Gold’s initial campaign will consist of up to six diamond drill holes totaling 1,200m, aimed at determining if the high-grade shoots mined decades ago persist at depth.
Situated within the broader Henty Project, the Silver King prospect is the first of several targets identified by Flynn as highly prospective for base and precious metals.
The project benefits from its proximity to established mining infrastructure and services in Western Tasmania.
At the time of reporting, Flynn Gold's share price was $0.026.