Flynn Gold Limited to provide an update on exploration activities at the Company's 100% owned projects in Northeast Tasmania. Phase 1 diamond drilling at the Trafalgar Prospect, which is part of the Company's Golden Ridge Project now complete, with hole TFDD008 drilled to a depth of 191.7m. To date, Flynn Gold has completed 7 diamond drill holes at the Trafalgar Prospect for a total of 3,204.5 metres.

Table 1 contains full details of these drill holes. Selected high-priority samples from drill holes TFDD004, TFDD005B and TFDD006 are currently with the laboratory for analysis. These samples include two zones of visible gold bearing quartz-sulphide veining observed at 160-161m and 174-176m in TFDD005B 1. Hole TFDD007 was drilled to test for gold mineralisation within the Mathinna Group sediments between TFDD006 and TFDD005/5B and was completed with a final depth of 293.8m.

TFDD008 was drilled from the same pad as TFDD005, drilling a step-out hole designed to target the eastward extension of the exceptional interval of 12.3 metres @ 16.8g/t Au intersected in TFDD005 2. TFDD008 successfully intercepted multiple zones of mineralised quartz-sulphide veining and breccia. Table 3 contains the summary geological log for TFDD008.