Flynn Gold Ltd (ASX:FG1) may be sitting on a significant tin system at the 100%-owned Laffer Prospect in northeast Tasmania after a rock chip sampling returned anomalous tin and lithium assays over one kilometre of strike.
Of 35 rock samples assayed, 21 returned better than 0.1% tin, with up to 3.58% tin from cassiterite-bearing quartz veins, while elevated lithium values up to 0.16% lithium oxide (Li2O) were found in lithium-bearing micas.
Laffer is one of numerous tin exploration targets Flynn is testing within its Cameron Tin Project as part of a regional exploration program.
Flynn believes the tin mineralised system could potentially extend over a strike length of up to 3 kilometres based on historical mining records, remote sensing LIDAR data, and ongoing field programs at Laffer.
Laffer rock specimen 57843: 2.0% tin and 0.03% Li2O.
“Exciting new development”
Flynn managing director Neil Marston said: “Whilst Flynn has been focusing most of its exploration activities in northeast Tasmania on its gold projects, we have also been undertaking early-stage reconnaissance work on our tin project areas, especially those which demonstrate the potential to host significant hard-rock tin deposits, and which have not been examined using modern exploration techniques.
“The mapping and sampling results from the Laffer Prospect are very encouraging and we intend to continue tin-lithium exploration activities here and elsewhere over the coming months.
“The emergence of lithium-micas potentially being associated with tin mineralisation is an exciting new development not just for Flynn, but for exploration across northeast Tasmania.”
Optimistic about tin
The Cameron Project showing key target areas and regional geology.
Flynn has submitted a further 15 rock chip samples from Laffer to the ALS Burnie laboratory for assaying.
The Laffer Prospect near Weldborough in northeast Tasmania is defined by an area of extensive historical alluvial and hard rock tin mine workings, over a strike length of 3 kilometres north-south and a width of up to 1 kilometre east-west.
The prospect transects two exploration tenements, EL18/2016 and EL16/2021, both of which are held by Flynn.
The Laffer tin field, discovered in 1875 and intermittently mined from 1876 through to the 1940s, has never been drill-tested.
While the Cameron Tin Project remains secondary to Flynn’s gold focus, the explorer plans to conduct follow-up exploration here and at other tin prospects in northeast Tasmania over the coming months.
Ongoing and future work programs include systematic mapping and rock chip sampling along the full 3-kilometre strike extent of the Laffer historical workings.
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