Australia’s Flynn Gold (ASX:FG1) is ramping up exploration work at its Golden Ridge project in Northeast Tasmania, which the company’s CEO and Managing Director Neil Marston said has the potential to host significant gold deposits.
“We consider Golden Ridge to be an intrusive-related gold system, and elsewhere around the world, where you’ve got these intrusive-related gold systems, they host multimillion ounce gold deposits,” he said.
Golden Ridge features a granite dome with an 8 kilometre contact zone. There has been historical gold working from the late 1800s, but the area has not been meaningfully explored, according to Marston.
Flynn Gold has undertaken diamond drilling at two main prospects at Golden Ridge: Brilliant and Trafalgar.
“We’ve recorded some exceptionally high-grade results. We’ve got multiple quartz vein intersections of over 100 grams per tonne gold,” Marston said.
Watch the interview with Flynn Gold CEO and Managing Director Neil Marston above.
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