{"id":3288,"date":"2024-04-18T12:08:15","date_gmt":"2024-04-18T12:08:15","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/04\/18\/drilling-underway-at-trafalgar-high-grade-gold-prospect\/"},"modified":"2024-04-18T12:08:15","modified_gmt":"2024-04-18T12:08:15","slug":"drilling-underway-at-trafalgar-high-grade-gold-prospect","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/04\/18\/drilling-underway-at-trafalgar-high-grade-gold-prospect\/","title":{"rendered":"Drilling Underway at Trafalgar High-Grade Gold Prospect"},"content":{"rendered":"<p><strong>Flynn Gold Limited<\/strong> (ASX: FG1, \u201cFlynn\u201d or \u201cthe Company\u201d) is pleased to provide an update on activities at the Company\u2019s 100% owned Golden Ridge Project located in Northeast Tasmania (Figure 1). <\/p>\n<p><strong>Highlights<\/strong><\/p>\n<p>Phase 3 drilling has commenced at Trafalgar high-grade gold prospectPreviously reported drilling included multiple intersections grading &gt;100g\/t Au, including:TFD001:5.0m @ 12.56g\/t Au, incl. 0.4m @ 150.0g\/t Au from 202.0mTFDD003:1.2m @ 65.9g\/t Au, incl. 0.5m @ 143.0g\/t Au from 57.5mTFDD005:12.3m @ 16.8g\/t Au, incl. 0.7m @ 152.5g\/t Au from 120.3mTFDD013:4.0m @ 23.7g\/t Au, incl. 0.5m @ 169.8g\/t Au from 25.9mNew geological vein model for Trafalgar indicates multiple sub- parallel high-grade veinsAn initial 1,500m drill program is planned that will comprise infill and extension drilling targeting down-dip and along-strike extensions to previous high-grade gold intercepts<\/p>\n<div><\/div>\n<p>Geological modelling of the multiple high-grade veins intersected in drilling at the Trafalgar Prospect in 2022\/23 has been completed. The next phase of diamond drilling (Phase 3) has commenced to test in-fill and extensional drilling targets generated from the new geological model.<\/p>\n<p><strong>Managing Director and CEO, Neil Marston commented,<\/strong><\/p>\n<p><em>\u201cSince the completion of drilling at the Trafalgar prospect at Golden Ridge in 2023, Flynn Gold has been undertaking geological modelling of the high-grade gold intersected in multiple vein sets. <\/em><\/p>\n<p><em>\u201cThis modelling work, in combination with our recent soil sampling activities, demonstrates the potential for extensive gold mineralisation at Golden Ridge.<\/em><\/p>\n<p><em>\u201cBased on the latest information we have designed a program of drill holes with the goal being to target down-dip and along-strike extensions to previous high-grade gold intercepts.<\/em><\/p>\n<p><em>\u201cAs gold prices hit record highs, it\u2019s an exciting time for our team to be drilling this new Tasmanian gold discovery.\u201d <\/em><em><\/em><\/p>\n<p><strong>Trafalgar Prospect \u2013 Geological Vein Model<\/strong><\/p>\n<p>A 3D geological vein model was recently completed for the Trafalgar prospect. The model interprets 3 main gold mineralised veins, accompanied by a network of subsidiary mineralised splay veins and sheeted vein swarms bifurcating off the main veins (see Figure 2).<\/p>\n<p>All of the main mineralised veins transect the granodiorite \u2013 hornfelsed metasediments contact, with gold mineralisation hosted in both the granodiorite and metasediment host rocks. <\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flynn Gold Limited (ASX: FG1, \u201cFlynn\u201d or \u201cthe Company\u201d) is pleased to provide an update on activities at the Company\u2019s 100% owned Golden Ridge Project located in Northeast Tasmania (Figure 1). Highlights Phase 3 drilling has commenced at Trafalgar high-grade gold prospectPreviously reported drilling included multiple intersections grading &gt;100g\/t Au, including:TFD001:5.0m @ 12.56g\/t Au, incl. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/3288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=3288"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/3288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/3289"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=3288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=3288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=3288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}