Flynn Gold Limited provided an update on diamond and reverse circulation drilling at the Golden Ridge and Portland Projects in northeast Tasmania. Golden Ridge Project ­ Scout RC Drilling: The scout reverse circulation (RC) drilling program comprised 12 RC drillholes for a total of 1,455m (average hole depth was 121m). The program was designed as reconnaissance scout drilling to test multiple previously undrilled priority target areas identified by the Company at the Kensington, Blinding and Link Zone Prospects.

Laboratory assays have been received for all 12 RC holes. Collar details and significant mineralised intervals are contained. Highlights · Anomalous gold results returned from all target areas in recent RC drilling confirm an extensive gold mineralisation system at the Golden Ridge Project in NE Tasmania (100% owned by Flynn Gold).

Twelve wide-spaced reconnaissance scout RC holes across three prospects ­ Kensington, Blinding, and Link Zone, spread over 6km of strike length, returned anomalous gold intercepts including: o LZRC001: 1.0m @ 3.22g/t Au from 30.0m, and 2.0m @ 2.83g/t Au from 73.0m, including 1.0m @ 4.91g/t Au from 73.0m. o LZRC004: 33.0m @ 0.50g/t Au from 40.0m, including 2.0m @ 2.24g/t Au from 40.0m, and 1.0m @ 2.26g/t Au from 54.0m, and 3.0m @ 1.98g/t Au from 61.0m. o KERC001: 2.0m @ 2.82g/t Au from 20.0m, including 1.0m @ 5.28g/t Au from 20.0m.

o KERC004: 3.0m @ 2.01g/t Au from 1.0m. o BLRC002: 52.0m @ 0.19g/t Au from 26.0m, including 13.0m @ 0.29g/t Au from 45.0m. The scout RC drilling was the first drilling outside the Brilliant and Trafalgar Prospects at the Golden Ridge Project and represents an important step in testing the eight kilometre-strike potential of the gold mineralisation system at Golden Ridge.

Final assays received from the Brilliant Prospect Phase 1 diamond drilling, extending mineralisation open along strike by up to 200m. A review has identified potential for a high-grade vein system at Brilliant, with previously reported high-grade intercepts from the drill program including: o BRDD002: 0.5m @ 16.05g/t Au from 99.5m o BRDD003: 3.0m @ 7.42g/t Au from 146.0m, 0.5m @ 19.76g/t Au from 157.0m, and 0.5m @ 52.7g/t Au from 195.0m. o BRDD006: 1.6m @ 11.96g/t Au from 30.4m.

Drilling ongoing at Trafalgar Prospect with hole TFDD006 completed and TFDD007 commenced.