Flynn Gold Ltd. (AU:FG1) has released an update.
Flynn Gold Ltd. has launched Phase 3 drilling at their Trafalgar high-grade gold prospect in Northeast Tasmania following promising results from previous drilling campaigns. The company, boasting a market cap of A$7.5M with no debt and A$1.5M in cash reserves, aims to explore further down-dip and along-strike extensions based on a new geological vein model. This drilling endeavor comes at a time when gold prices are reaching record highs, raising the potential for significant value from their Golden Ridge Project.
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