Flynn Gold (ASX:FG1) announced a ramp-up in exploration activities at its flagship Golden Ridge Project in north-east Tasmania.
Following a period of preliminary work, the company is set to resume on-ground operations with an immediate focus on a surface trenching programme at the Brilliant prospect.
The initiative aims to test for shallow extensions of high-grade gold mineralisation within a critical 3km contact zone situated between the existing Brilliant and Trafalgar deposits.
Managing Director and CEO Neil Marston highlighted that this zone contains several high-priority targets that remain untested by drilling, representing a substantial opportunity to expand the project's overall scale.
Beyond exploration, Flynn Gold is evaluating the feasibility of establishing a centralised gold processing hub in the region.
The hub would ideally service the Golden Ridge Project and the company’s various other regional assets, most of which are conveniently located within a 70km radius and benefit from excellent road access.
In addition to the developments at Golden Ridge, the company confirmed the completion of a government co-funded drilling programme at the nearby Mangana Project.
While work continues at the Silver King Mine Trend in Western Tasmania, the primary momentum is currently swinging back to the north-east.
At the time of reporting, Flynn Gold’s share price was $0.025.