Flynn Gold Limited (ASX:FG1) has reported the first assay results from its 2026 resource drilling campaign at the Brilliant Prospect within its 100%-owned Golden Ridge Gold Project in northeast Tasmania, with three completed diamond drill-holes returning wide intervals of shallow gold mineralisation associated with sheeted quartz vein zones.

Key Points

  • BRDD017 returned 18.65m @ 1.86 g/t Au from 59.35m, including 3.05m @ 4.65 g/t Au
  • BRDD015 returned 20.35m @ 1.29 g/t Au from 29.0m, including 3.85m @ 3.12 g/t Au
  • BRDD016 returned 14.80m @ 1.26 g/t Au from 20.2m, including 1.3m @ 7.70 g/t Au
  • A total of five diamond drill-holes (BRDD015 to BRDD019) for 704.2m have been completed at the Brilliant Prospect, with assays pending for BRDD018 and BRDD019
  • Brilliant is the first of the Golden Ridge Exploration Target prospects to be advanced toward a maiden Mineral Resource Estimate

Brilliant Prospect Drilling Results Detail

Assay results have been received for drill-holes BRDD015, BRDD016 and BRDD017, all located on section A-A' and designed to test beneath and near the surface around trench BTR02. BRDD015 also recorded gold mineralisation near the top of the hole at 9.6m @ 0.33 g/t Au from 1.0m, though poor core recovery of approximately 50% occurred in the near-surface weathered zone, with lost core intervals assigned zero grade. BRDD017 returned a further intercept of 1.9m @ 1.51 g/t Au from 122.0m deeper in the hole, and BRDD016 intersected a second lower-grade zone of 9.72m @ 0.45 g/t Au from 47.0m.

Geology and Mineralisation Style at the Brilliant Prospect

Gold mineralisation at the Brilliant Prospect is associated with sub-vertical sheeted quartz vein swarms hosted in hornfelsed turbidites of the Mathinna Group. The sheeted veining is interpreted as extensional vein arrays that repeat within broad, steeply SE-dipping structural corridors. Drill-hole BRDD018 intersected visual mineralisation associated with sheeted quartz vein zones over a down-hole width of approximately 71m from 73.5m to 144.5m, down-dip of BRDD017. The company noted that visual geological logging does not establish the presence or grade of gold mineralisation, and assay results are required to determine gold content.

Program Continuation and Resource Estimate Planning

Core is currently being logged and sampled for hole BRDD019, and drilling has commenced on BRDD020. Partial assays have been received for the top of BRDD018, with further results from 48.8m to 145.40m awaited. Planning is also underway for resource definition drilling at the Trafalgar prospect, as well as a larger step-out exploration program to test the zone between the two prospects. Managing Director and CEO Neil Marston stated the aim is to announce a maiden Mineral Resource Estimate for the Brilliant Prospect, with further assay results expected later in November 2026 and progress toward that goal anticipated in 2027.