Flynn Gold achieves 94% Golden Ridge recovery in low-grade extraction testing
Original announcement by stockhead on
- Company
- Flynn Gold
- Ticker
- FG1
- Exchange
- Unavailable
- Region
- Tasmania
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy
- Extracted
- 2026-08-20 10:24:11 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Flynn Gold has reported successful metallurgical bottle roll leach testing at the Golden Ridge project in Tasmania, achieving an average gold recovery of 94% across 35 low-to-medium grade samples. These results confirm the consistency of extraction rates seen in previous higher-grade testing and suggest potential for expanding the project's recoverable gold footprint.
Reasoning: The 94% average recovery across 35 low-to-medium grade samples is highly encouraging for the economic viability of lower-grade mineralisation at Golden Ridge.
Positive factors
- High gold recovery (94%) in low-grade samples
- Consistency with previous high-grade testwork
- Potential to expand recoverable gold via lower-grade zones
Negative factors
- Bottle roll leach is an intensive/high-cost method; need to prove cost-effective alternatives
Facts used in scoring: 2
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94% gold recovery is within the exceptional band for gold extraction.
Evidence · text
“achieves 94% Golden Ridge recovery”
Bench Scale Onlynegative
Only preliminary bench tests completed — no locked-cycle or pilot work.
Why it applies: The testing used a bottle roll leach method, which is a screening-level bench test.
Evidence · text
“used a bottle roll leach metallurgical processing test”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
bottle roll leachGolden Ridge · goldRecovery: 94 %Head Grade: 0.1Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Test Work
- Program Status
- preliminary
- Test Type
- bottle roll leach
- Processing Route
- bottle roll leach
- Sample
- 35 low to medium-grade samples ranging from 0.1g/t to 4.5g/t gold
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 0.1
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: 94% recovery is strong for low-grade samples in a bottle roll test.
Positive factors
- High recovery in low-grade material
Evidence · text
“Flynn Gold sighter metallurgical tests deliver 94% average gold extraction across 35 low to medium-grade samples”
bottle roll leachGolden Ridge · goldRecovery: 94 %Head Grade: 4.5Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Golden Ridge
- Commodity
- gold
- Region
- australia_tas
- Reported Region
- Tasmania
- Ticker
- FG1
Test Work
- Program Status
- preliminary
- Test Type
- bottle roll leach
- Processing Route
- bottle roll leach
- Sample
- 35 low to medium-grade samples ranging from 0.1g/t to 4.5g/t gold
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 4.5
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: 94% recovery is strong for low-grade samples in a bottle roll test.
Positive factors
- High recovery in low-grade material
Evidence · text
“35 samples ranging from 0.1g/t to 4.5g/t gold”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.