Flynn Gold Ltd · ASX:FG1
Flynn Gold — Shareholder Meeting (November 2021)
26 slides from Flynn Gold's shareholder meeting presentation, Nov 9, 2021
Slide 1: AGM Presentation
For personal use only AGM Presentation 09 November 2021 Exploring for gold in two emerging districts – Northeast Tasmania and WA’s Pilbara region BRDD003: 157.2m, Brilliant Prospect, Golden Ridge
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This document is issued by Flynn Gold Limited (“Flynn Gold”) to provide summary information about Flynn Gold and its associated entities and their activities current as at the date of this document. The information contained in this document is of general background and
Slide 3: 2021 Outlook – positive start for FG1
2021 Outlook – positive start for FG1 For personal use only Successful IPO raising $10m with strong support from cornerstone investor Drilling commenced on key IRGS target with visible gold confirmed in 3 of first 6 holes Early drill results at Brilliant confirm historical gold grades – programme no
Slide 4: Exploration Strategy – portfolio of quality assets
Exploration Strategy – portfolio of quality assets For personal use only Target high-value, under-explored districts – NE Tas, Pilbara District-scale mineralised systems Pilbara Develop large-scale exploration footprint Au, Li Own projects owned 100% Deposit style optionality – Orogenic Au
Slide 5: Flynn Gold Corporate Information
Flynn Gold Corporate Information Capital Structure For personal use only ASX Code FG1 FG1 Shareholdings Share price 8th November 2021 A$0.17 Cash 30 September 2021 $8.0m Debt Nil Shares on issue 95.1m Colin Bourke & Assocs 34.5% Market Cap at $0.17/sh $16.2m Options1 3.0m PJ Davis & Assocs Performan
Slide 6: Flynn Gold aims for excellence in environmental and social management
Flynn Gold aims for excellence in environmental and social management For personal use only • FG1 is committed to adopting best practise standards and methodologies in its environmental and social management • Safety for its personnel and the broader community as well as environmental stewardship ar
Slide 7: Tasmania – A pro-mining Tier jurisdiction
Tasmania – A pro-mining Tier 1 jurisdiction “One of the most mineralised places on the planet” For personal use only • Rich in diverse mineral resources and operating mines, including several world-renowned deposits • Quality operating and investment jurisdiction - Stable political and regulatory en
Slide 8: Northeast Tasmania Gold - a large position in an under-explored trend
Northeast Tasmania Gold - a large position in an under-explored trend For personal use only Northeast Tasmania: Under-explored Mathinna Beds geology and mineralisation – Geological analogy to the Victorian Goldfields Northeast Victoria Tasmania $185m1 Exploration Expenditure 2020/21 ~$14m1 82 Moz Hi
Slide 9: Northeast Tasmania Gold – two priority targets to spearhead exploration
Northeast Tasmania Gold – two priority targets to spearhead exploration Flynn Gold has a dominant position in the belt and early-mover advantage For personal use only Golden Ridge Project Portland Gold Project • Bulk tonnage gold deposit • High-grade “Fosterville- target not previously style” gold m
Slide 10: Golden Ridge IRGS Project – all the signs of a big gold system
Golden Ridge IRGS Project – all the signs of a big gold system For personal use only Broad gold intersections characteristic of IRGS style deposits at Brilliant prospect Golden Ridge Contact metamorphosed • Historical drilling only tested 150m of strike Granodiorite Mathinna Group • Potentially open
Slide 11: Brilliant Prospect – visible gold confirmed in first drill holes
Brilliant Prospect – visible gold confirmed in 3 of first 6 drill holes For personal use only • 4,100m diamond drill program commenced April 2021 designed to; – Confirm historical gold grades – Test continuity of mineralisation – Provide structural data Visible gold associated with – Test for strike
Slide 12: Brilliant Prospect – first milestone achieved with confirmation of gold grades
Brilliant Prospect – first milestone achieved with confirmation of gold grades • Multiple high-grade structures within broader lower-grade gold envelope For personal use only • Structural thickening of mineralisation • Deposit open in all directions (visible gold reported in BRDD006) From To Interva
Slide 13: Golden Ridge – IP Chargeability Identifies New Targets
Golden Ridge – IP Chargeability Identifies New Targets and follow-up in progress GAIP Geophysical Survey Completed For personal use only • Strong coincidence of IP chargeability with soil anomalies • Significant IP chargeability anomalism in areas of no previous soil sampling coverage (“GRC-2”, “3”
Slide 14: Portland Gold Project – exploration for Fosterville style gold deposits
Portland Gold Project – exploration for Fosterville style gold deposits For personal use only Portland Gold Project • High-grade “Fosterville-style” gold mineralisation confirmed • +30 km strike potential of multiple • >60 Moz produced in Victoria exploration targets since 1850’s from outcropping •
Slide 15: Portland Gold Project – drilling and geochem confirms a large gold system
Portland Gold Project – drilling and geochem confirms a large gold system Exploration • Comprises 3 adjacent tenements – Portland, Cameron, Telegraph target 2022 For personal use only • 5 anticlinal trends identified with a combined strike length of 38 km EL 18/2018 • Rushy Lagoon anticline trend (1
Slide 16: Rushy Lagoon Anticline – initial holes confirm potential for large gold system
Rushy Lagoon Anticline – initial holes confirm potential for large gold system • Maiden 6 hole diamond programme for structure / For personal use only geology at Grand Flaneur completed H2 2020 • Drilling targeted As soil and Au trench anomalies plus historical drill results including; – Grand Flane
Slide 17: Grand Flaneur Prospect – exploration driving new targets for drilling
Grand Flaneur Prospect – exploration driving new targets for drilling • Anomalous gold in 5 out of 6 holes at shallow depths For personal use only • Elevated gold throughout si-ser-ca altered and qtz-sulphide veined channel sand units • Associated As-Sb-Bi-Ag-Cu geochemistry • Gold hosted on east li
Slide 18: Comparison to Victorian Au districts – exploration spending a key differentiator
Comparison to Victorian Au districts – exploration spending a key differentiator For personal use only 22 Moz 9 Moz 6 Moz District-Scale Geochem Dispersion Footprints Fosterville • As most mobile in near-surface Bendigo Castlemaine environment Chewton Portland • Multiple parallel trends – As-Sb-Au W
Slide 19: Cameron Sn Project – multiple targets identified in early stage review
Cameron Sn Project – multiple targets identified in early stage review Background For personal use only • Historical alluvial and hardrock tin mining fields throughout NE Tasmania followed discovery in 1874 through to the mid-1900’s. Regional historical production of 70 Kt cassiterite concentrate, i
Slide 20: Hardens Ravine / Star Hill prospects – working up to drill targeting
Hardens Ravine / Star Hill prospects – working up to drill targeting For personal use only 20
Slide 21: Pilbara Gold, WA – building a Au portfolio adjacent to the giant Hemi discovery
Pilbara Gold, WA – building a Au portfolio adjacent to the giant Hemi discovery For personal use only • 6 tenements and applications • 448 km2, 100% Flynn Gold (via PTR) Highlights • Emerging gold camp • Adjacent to Hemi discovery by DEG.ASX (Hemi results incl. 46m at 6.6g/t Au; DEG Mallina resource
Slide 22: Mt Dove Project – underexplored region with untested geochem anomalies
Mt Dove Project – underexplored region with untested geochem anomalies For personal use only Hemi Deposit (DEG.ASX) • 6.8 Moz Hemi resource discovered by DEG.ASX (plus DEG Mallina resource 2.2 Moz) • Announced 23 June 2021 Kairos Drilling (KAI.ASX) • Reconnaissance aircore drilling of Kangan anomaly
Slide 23: 2022 Outlook – exploration planned to deliver results
2022 Outlook – exploration planned to deliver results For personal use only Continue step-out drilling at Brilliant Test granite contact at Trafalgar with Tas govt. EDGI co-sponsored drilling Exploration of the Rushy Lagoon trend with geophysics and drilling Regional exploration at Golden Ridge to d
Slide 24: For more information, please contact us
For personal use only Mathew Watkins Company Secretary +61 3 9692 7222 info@flynngold.com.au www.flynngold.com.au For more information, please contact us: ASX: FG1
Slide 25: Appendix: Henty Zinc Project
Appendix: Henty Zinc Project • Historical Zn belt For personal use only • Previous exploration provides large data sets. Shallow historical drilling • Independent CSA Global report identifies 16 targets with potential for Irish style and intrusive-related deposits • Known mineralisation at Grieves,
Slide 26: Appendix: Koolyanobbing Gold Project, Yilgarn WA
Appendix: Koolyanobbing Gold Project, Yilgarn WA For personal use only • West Australian Yilgarn greenstone belts are prolific hosts to large gold, nickel and lithium deposits • Flynn has 9 tenement applications within the Marda-Diemals greenstone belt • Under-explored belt with excellent potential