Flow Metals Confirms Local High-Grade GOLD at Glacier Creek
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
FLOW METALS CONFIRMS LOCAL HIGH-GRADE GOLD AT GLACIER CREEK
Vancouver, BC – March 25, 2021 – Flow Metals Corp. (FWM:CSE) (“Flow Metals” or the
“Company”) is pleased to report further results from the drill program at the 100% owned
Yukon Sixtymile gold project in the traditional territory of the Tr'ondëk Hwëch'in First Nation.
• 5.6 g/t Au over 1.5 m in SM20-02 from 10.7 to 12.2 m
• 4.0 g/t Au over 1.5m in SM20-09 from 35.1 to 36.6 m
• Wider intervals with anomalous gold detected in SM20-14 and SM20-15
Scott Sheldon, CEO of Flow Metals comments: “The RAB drilling at upper Glacier Creek and the
results from south of Miller Creek show high-grade gold occurs underneath the placer workings
as well as in the intervening mountains with the potential for continuity. Our low-cost drill
program proved to be efficient as we confirmed our working hypothesis for the Sixtymile
Project by showing the placer gold has a local source. We are keen to follow-up the three
mineralized zones at upper Glacier Creek, and our new shallow high-grade target south of the
historic Miller Creek.”
The Sixtymile placer district is an active gold camp. The three placer operations on the claim
have produced over 150,000 ounces of gold. The focus of the recently completed drill program
was to confirm a local source for the placer gold.
Drill and trench results
A total of 15 RAB drill holes between 40 – 60 m depth were drilled in the fall of 2020. The drill
holes tested a series of structures that were interpreted from a prior ground geophysical
survey.
Hole SM20-2 targeted the confluence of two faults and intersected 5.6 g/t Au over 1.5m from
10.7 to 12.2m. SM20-09 targeted a break visible in ground magnetic data where a fault appears
to offsets klondike schist from metasediments. This drill hole intersected 4.0 g/t Au over 1.5m
from 35.1 to 36.6m.
Five RAB holes and two trenches intersected wider anomalous but low-grade (<200 ppb) gold.
The gold in all these intersects is associated with arsenic. The results potentially represent
haloes around higher-grade coarse-gold zones. The geophysical and drill data, including
downhole OTV surveys will be integrated over the coming months to identify the controls on
mineralization, which will lead to enhanced and more efficient targeting for future programs.
Historical drill core from south of Miller Creek was resampled and yielded 12.8 g/t Au over 2.1
m from 41.15m to 43.28m as previously released in news dated February 1st. The company
plans to use the same geophysical surveys and targeting methods on the south Miller Creek
zones as they have the same rock type and alteration as the targets on Glacier Creek.
Trenching revealed visible gold in arsenopyrite-quartz veins and grab samples ranged up to 0.6
g/t Au. The trenching was performed on a small and discrete zone of coarse-grained placer gold
to test the association with bedrock gold.
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
The intersects and data show that the Sixtymile Project is underlain by a complex auriferous
fault set which partly occurs underneath the placer occurrences. The drillhole data is currently
being interpreted in the context of regional, project, and occurrence scale geophysics to plan
future geophysical programs and drilling. The interpreted dataset will allow for the findings on
Upper Glacier Creek to be expanded to the remainder of the claim block.
Ashuanipi, Quebec
The company has engaged IOS Geoscience to execute a two-phase program at the Ashuanipi
gold project in eastern Quebec this summer. The project contains numerous AI targets over
banded iron formations generated by Windfall Geotek after a 330,000 km AI mining study of
Quebec. The project is northeast of Schefferville in the Ashuanipi complex, on the edge of the
Superior Province. The company is planning to test these targets using till sampling and channel
sampling.
About Flow Metals
Flow Metals is a Canadian gold explorer with a focus on early-stage gold projects in renowned
mining districts.
Qualified Person
Adrian Smith is the qualified person for the Company and has reviewed and approved this news
release.
QA/QC and Data Verification
RAB chips were collected using a 20/80 splitter, bagged and security tagged, and shipped to MS
Analytical in Langley for 500g metallic screen assay.
Historic drill core was drilled in 2010 and 2011 and stored in a placer camp onsite. Core was
relogged and certain intervals resampled based on alteration and historic assay results. A total
of 107 historic core samples were sent to MS Analytical for 1kg metallic screen assay. The
results indicate a large discrepancy between historical fire assay results and metallic screen
assays because of heterogeneously distributed and coarse-grained gold on the Sixtymile
Project.
MS Analytical operates under strict QAQC protocols using industry standard duplicate,
standard, and blank samples.
For further information, please contact:
Scott Sheldon, President
604.725.1857
Forward-Looking Information
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
This press release may include “forward-looking information” (as that term is defined by
Canadian securities legislation), concerning the Company’s business. Forward-looking
information is based on certain key expectations and assumptions made by the Company’s
management, including future plans for the exploration and development of its mineral
properties. Although the Company believes that such expectations and assumptions are
reasonable, investors should not rely unduly on such forward-looking information as the
Company can give no assurance they will prove to be correct. Forward-looking statements in
this press release are made as of the date of this press release. The Company disclaims any
intent or obligation to publicly update any forward-looking information (whether as a result of
new information, future events or results, or otherwise) other than as required by applicable
securities laws.