Highlights
- Flynn Gold secures government support for Tasmanian drilling
- Exploration to focus on Mangana and Henty South projects
- Preparations underway for upcoming drill programs
Flynn Gold (ASX:FG1) is progressing towards the next phase of its exploration journey in Tasmania after being awarded funding support under the Exploration Drilling Grant Initiative (EDGI). The development comes as part of the company’s efforts to expand its resource potential, strengthening its presence within Australia’s exploration space that often draws comparisons to larger ASX 200 companies driving the country’s mining sector.
Exploration Plans at Mangana
One of the key areas of focus is the Mangana goldfield, a site with a strong history of production. Flynn Gold has designed a program that includes diamond drilling at the Golden Entrance mine. This location has long been recognised for its historic output, but much of its deeper potential remains unexplored. By targeting new zones beneath previous workings, the company aims to uncover areas that have not been revisited in over a century.
Advancing the Henty South Project
The second priority lies at the Henty South project, particularly the Grieves Siding prospect. This zone has already demonstrated encouraging mineralisation in past campaigns, and Flynn Gold has since re-evaluated earlier survey data to refine its exploration strategy. Updated modelling has outlined promising geological features, which will now be followed up with a new round of drilling.
Preparing for On-Ground Work
Before commencing fieldwork, Flynn Gold is moving ahead with essential approvals and operational planning. The company is working to secure drilling contracts and mobilise equipment, with the aim of starting activity at both the Mangana and Henty South projects. The support from the EDGI grant is expected to fast-track this progress and open new opportunities for resource expansion.
A Step Forward in Exploration
With exploration soon to begin, Flynn Gold is positioning itself for potential discoveries across its Tasmanian portfolio. The combination of government funding, historical significance, and newly interpreted geological data provides the company with strong momentum. These developments highlight Flynn Gold’s strategy of targeting areas with proven history while applying modern techniques to uncover untapped potential.