InvestSMART

Flynn Gold Limited (ASX:FG1)

ALERT: Price-sensitive ASX Announcement for FG1
Current share price for FG1 : $0.020 -0.001 (-4.76%)+
Announcement
Release
18 Aug 2026 9:27AM
Price at Release
$0.021
Full Release
download
Summary
Flynn Gold Limited reported successful metallurgical tests at its Golden Ridge Project in Tasmania, achieving an average 94% gold extraction on samples using the LeachWELLTM method. The samples, sourced from lower-grade mineralisation outside high-grade vein domains, align with prior tests indicating a high proportion of cyanide-extractable gold. This highlights potential for future bulk-mining scenarios. Further tests are planned to evaluate low-capex production pathways, and a resource drilling program has commenced at the Brilliant prospect.
Key Points
  • Flynn Gold Limited conducted metallurgical tests on samples from the Golden Ridge Project in northeast Tasmania.
  • The tests achieved an average of 94% gold extraction using the LeachWELLTM method.
  • Samples were from lower-grade mineralisation outside the high-grade vein domains.
  • The results are consistent with previous tests, indicating high cyanide-extractable gold.
  • Further metallurgical tests are planned to explore low-capex production pathways.
  • A resource drilling program has commenced at the Golden Ridge's Brilliant prospect.
  • The test results could support potential future bulk-mining scenarios.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.