en.Wedoany.com Reported - Flynn Gold has completed initial drilling along the Silver King trend within the Henty Project in western Tasmania, with all five initial diamond drill holes along the 1.6-kilometer trend intersecting silver-lead-zinc mineralization, confirming an extensive silver system beneath the historic mining area. This is the first drilling of its kind in this area in over 80 years.
Notable assay results include: 0.75 meters at 797.6 g/t silver equivalent from 102.8 meters downhole in hole SKDD003, and 1 meter at 478.3 g/t from 104.1 meters; 0.24 meters at 609.9 g/t from 123.9 meters and 0.2 meters at 751.5 g/t from 178 meters in hole SKDD005. These results complement the intersection reported by Flynn Gold (ASX:FG1) in April 2026 of 0.4 meters at 3087.7 g/t silver equivalent from 101.2 meters in hole SKDD001.
Managing Director Neil Marston stated that the drilling program achieved key objectives, confirming high-grade silver-lead-zinc mineralization beneath the historic Silver King and South King mines and improving the understanding of the geological controls on mineralization. The program identified multiple high-priority targets along the 1.6-kilometer Silver King trend, and interpretation of drilling, historic mining, geochemistry, and geological mapping confirmed four interpreted high-grade shoot targets, including the undrilled Fahey's Gap and Sunrise-Bell prospects, with most of the trend yet to be tested by modern drilling. These results provide increasing confidence that additional high-grade mineralization can be found along strike and at depth. Beyond Silver King, ongoing review of historical exploration data, combined with geological mapping and surface sampling, has revealed a larger mineralized system within the North Henty project area.
Regional geological mapping and reconnaissance rock chip sampling across the broader North Henty project area have identified multiple mineralized silver-lead-zinc vein trends outside the drilled Silver King corridor. Of the 74 rock chip samples collected, 44 returned silver equivalent grades greater than 311 g/t, and 13 exceeded 933 g/t. Many of the highest-grade samples came from historic mines and prospects developed along vein trends nearly parallel to the Silver King trend, indicating that high-grade mineralization may occur in multiple silver-lead-zinc vein systems. Although only limited historic drilling has been conducted in the outer areas, drill holes testing the adjacent Maxim and Austral vein trends have already intersected mineralization, highlighting the significant exploration potential remaining across largely untested targets.
Flynn Gold will integrate the results of the drilling program with geological mapping, surface geochemistry, and historic mining data to refine the geological model and prioritize future drill targets. Planned work includes: geological and structural modeling, follow-up mapping and sampling of parallel mineralized vein trends, and generation of priority drill targets.
