Flagship Minerals said its review of a dataset, purchased from Anglo American Norte, identified additional exploration opportunities surrounding and along the trend of the Pantanillo North deposit at the Pantanillo gold project in Chile, according to a Wednesday Australian bourse filing.

Soil data indicate gold anomalism is larger than the current drill coverage, and that the gold-in-soil anomaly is around five kilometers in length and up to 1.2 kilometers in width.

Its shares fell 11% on market close.