Golden Ridge’s Large-Scale Gold Potential Hinges on 2026 Drilling Success
Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.
- Nine diamond drill holes completed at Golden Ridge totaling 670 metres
- Significant gold grades including 2.5m at 6.3g/t and 0.3m at 35.1g/t Au
- High-grade mineralisation confirmed along a 9km granodiorite-sediment contact
- Exploration Target ranges from 3.5 to 5.4 million tonnes at 3.0 to 4.0 g/t Au
- Drilling program at Mangana Project extended with assay results expected in 2026
Golden Ridge Drilling Success
Flynn Gold Limited has announced the completion of a shallow diamond drilling program at its 100%-owned Golden Ridge Project in northeast Tasmania, confirming the presence of high-grade gold mineralisation over an extensive 9-kilometre zone. The recent program comprised nine drill holes totaling 670 metres, targeting quartz-sulphide veins along the granodiorite-sediment contact, a key geological feature for gold deposition.
The assays from the final three holes revealed narrow but significant mineralised intervals, including standout results such as 2.5 metres grading 6.3 grams per tonne gold, with sub-intervals reaching as high as 35.1 grams per tonne. These findings reinforce the potential of Golden Ridge as a large-scale intrusive-related gold system (IRGS), a style known for its economic viability and resource scale.
Expanding the Exploration Target
Flynn Gold’s ongoing exploration work has delineated mineralisation extending over a 9km-long contact zone between the Golden Ridge Granodiorite and surrounding metasediments. This has led to a JORC-compliant Exploration Target ranging between 3.5 and 5.4 million tonnes at an average grade of 3.0 to 4.0 grams per tonne gold, equating to approximately 449,000 to 520,000 ounces of contained gold. However, the company notes that this target remains conceptual, pending further drilling to upgrade to a Mineral Resource.
Drilling at the Double Event Prospect, located near the high-grade Trafalgar discovery, has confirmed mineralised quartz veins to depths of at least 72 metres, with multiple discrete veins identified within a broader mineralised corridor. The company plans additional trenching and geological modelling in 2026 to refine and potentially expand this target.
Progress at Mangana Project
In parallel, Flynn Gold is advancing its nearby Mangana Project, approximately 25 kilometres southwest of Golden Ridge. The drilling program there has been extended beyond the initial two planned holes, with a third hole underway. The program aims to test for high-grade gold mineralisation beneath historical workings at the Golden Entrance Mine, a zone previously untested by drilling. Assay results from the initial holes are expected in early 2026, which will provide further insight into the project’s potential.
Strategic Outlook
Managing Director Neil Marston highlighted the significance of the 2025 exploration achievements, emphasizing the confirmation of a substantial gold system and the company’s commitment to expanding its resource base. The combination of high-grade intercepts and the extensive strike length of mineralisation positions Flynn Gold well for advancing Golden Ridge towards resource definition and eventual development.
With a market capitalization of approximately A$134 million and a recent capital raise of A$5 million, Flynn Gold is well-funded to pursue its 2026 exploration plans. The company’s disciplined approach to sampling, assay verification, and geological modelling, compliant with JORC standards, underpins investor confidence in the quality of its data and prospects.
Bottom Line?
Flynn Gold’s expanding high-grade gold footprint at Golden Ridge sets the stage for a pivotal 2026 exploration campaign that could redefine its resource potential.
Questions in the middle?
- Will upcoming Mangana Project assay results confirm a new high-grade gold discovery?
- How will further drilling impact the confidence and size of the Golden Ridge Exploration Target?
- What are the next steps towards upgrading the Exploration Target to a Mineral Resource?
