Flynn Gold Reports High Tungsten Grades at Gorge Creek Amid Soaring Prices
Flynn Gold (ASX:FG1) has reported high-grade tungsten mineralisation at the Gorge Creek prospect, with rock chip sampling returning grades up to 14.75%. Accompanying this are silver grades reaching 197g/t and gold at 0.64g/t.
The tungsten-bismuth anomaly stretches over 400m by 150m, with a significant high-grade zone measuring 250m by 60m that remains untested by drilling. The discovery aligns with the company's exploration strategy in Tasmania, especially amid record tungsten prices that have increased from US$395/mtu to US$1249/mtu since May 2025 due to China’s export controls. Flynn Gold is also advancing its Golden Ridge Project and mobilising a drill rig for further exploration.
