Flynn Gold discovers promising lithium anomalies at Parker Dome project in Western Australia | News Direct

Flynn Gold discovers promising lithium anomalies at Parker Dome project in Western Australia

FLYNN GOLD LIMITED
News release by FLYNN GOLD LIMITED

facebook icon linkedin icon twitter icon pinterest icon email icon London, UK | March 08, 2024 07:08 AM Eastern Standard Time

 

Flynn Gold managing director and CEO Neil Marston discusses promising lithium results from a soil sampling programme at the Parker Dome project in Western Australia with Proactive's Stephen Gunnion.

This initial exploration, covering two licences over 40 square kilometres, marks Flynn Gold's first on-ground work since acquiring a one-year purchase option in December 2023. The project lies within the Forrestania Greenstone Belt, known for its pegmatite-hosted lithium deposits.

The sampling involved 679 soil samples, focusing on areas with high lithium potential, identifying two pegmatite trends (western and eastern) and yielding six significant zones with lithium anomalies up to 197 ppm. These anomalies extend over large areas, correlating with caesium and tantalum values, hinting at potential lithium mineralisation.

Historical drilling in 1998 intersected pegmatites, suggesting the presence of a "Goldilocks zone" for lithium mineralisation near the granite intrusive of Parker Dome. Flynn Gold plans to follow up with more soil sampling, drilling permits, and reanalysis of historical geophysical data.

Additionally, exploration activities at Lake Johnson and in Tasmania for gold at the Firetower and Golden Witch projects will continue, with promising results from the Trafalgar prospect in Golden Ridge showing high-grade veins of gold.

 

 

Contact Details

 

Proactive Australia Pty Ltd

 

Proactive Australia Pty Ltd

 

+61 431 597 771

 

writers.australia@proactiveinvestors.com

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Tags

MiningMineralsNatural ResourcesPrecious MetalsGoldLithium