Flynn Gold (ASX:FG1) resumed drilling at its Golden Ridge project in Tasmania, according to a Wednesday filing with the Australian bourse.
The 2,000-meter diamond drilling program will test in-fill and extensional targets, with drilling at the Trafalgar prospect aiming to upgrade infilled areas of the exploration target to an inferred resource, the filing said.
Shares fell 9% in afternoon trade Thursday, earlier hitting a 52-week low.