Flow Metals to Acquire Adjoing Project at Sixtymile
1890 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
T: 604-725-1857
FLOW METALS TO ACQUIRE ADJOING PROJECT AT SIXTYMILE
Vancouver, BC – April 1 , 2026 – Flow Metals Corp. (CSE:FWM) (“Flow Metals ” or the
“Company”) is pleased to report that it has entered into a n option agreement dated effective
March 31, 2026 (the “Option Agreement”) with an arm’s length party (“Optionor”), pursuant to
which the Company may acquire a 100% interest in the Sixtymile Valley project located in the
Yukon and traditional territory of the Tr’ondek Hwech’in First Nation.
“The acquisition of the new project increases the Company’s district footprint while positioning
Flow Metals with meaningful exposure to both gold and copper. Sixtymile presents a unique
opportunity to unlock the lode source of 100 years of rich placer gold production,” said Scott
Sheldon, CEO of Flow Metals.
Option Agreement
Pursuant to the Option Agreement, Flow Metals may acquire a 100% interest in the project by
making aggregate payments of $280,000 over a four-year period, as follows:
• $5,000 within seven (7) business days following the effective date;
• $5,000 on the date that is six (6) months following the effective date;
• $10,000 on the first anniversary of the effective date;
• $40,000 on the second anniversary of the effective date;
• $60,000 on the third anniversary of the effective date; and
• $160,000 on the fourth anniversary of the effective date.
The Company may satisfy each payment entirely in cash or, at its election, as to 50% in common
shares of the Company and 50% in cash, subject to applicable securities laws and the policies of
the Canadian Securities Exchange. Any common shares issued pursuant to the Option
Agreement will be subject to applicable resale restrictions under Canadian securities laws and
the policies of the Canadian Securities Exchange. No finder’s fees were paid in connection with
the transaction.
Upon exercise of the option, the Optionor will retain a 2.0% net smelter return royalty on the
project, of which 1.0% may be repurchased by the Company for $1,000,000, subject to the
terms of the Option Agreement. Following exercise of the option and until commencement of
commercial production, the Company will also be required to make annual advance royalty
payments of $10,000, which will be credited against the buyback price.
1890 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
T: 604-725-1857
About the Sixtymile Valley Project
The acquisition of the adjoining 4,300-hectare property is expected to secure a district-scale
position over an intact copper-gold-molybdenum porphyry system associated with the Late
Cretaceous Prospector Mountain Suite. The addition expands the Company's exposure beyond
orogenic gold into a multi-metal system with exposure to metals recognized as strategically
important for supply security.
Previous exploration focused on shallow precious metal vein targets, and historical drilling is
reported to have intersected long intervals of disseminated and stockwork mineralization.
These results, together with kilometre-scale geochemical anomalies, suggest the potential for a
large, preserved porphyry system with limited modern follow-up.
The system is interpreted to be hosted within a structurally controlled pull-apart basin along
the Sixtymile–Pika Fault, within an emerging porphyry belt in the Dawson Range. Its apparent
preservation and scale, together with established mineralization, position the project for
modern geophysics and deeper drilling.
About Flow Metals
Flow Metals has maintained an active presence in the Yukon since 2018, building deep technical
expertise and local relationships across the territory. Flow Metals has established a trusted
network of experienced contractors and strong working relationships with both territorial and
First Nation governments, providing the Company with a solid foundation to efficiently advance
exploration projects in the North.
Qualified Person
Harley Slade, P. Geo., is the Qualified Person as defined by National Instrument 43-101 –
Standards of Disclosure for Mineral Projects and has reviewed and approved the technical
information contained in this news release. Mr. Slade is Flow Metals Vice President of
Exploration and a director of the Company.
For further information, please contact:
Scott Sheldon, President
604.725.1857
Forward-Looking Information
This news release contains “forward -looking information” within the meaning of applicable
Canadian securities laws. Forward-looking information includes, but is not limited to, statements
regarding: the Company’s ability to complete its obligations under the Option Agreement and
earn a 100% interest in the Sixtymile Project; the timing of any option payments and any share
1890 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
T: 604-725-1857
issuances contemplated by the Option Agreement; the receipt of required regulatory and stock
exchange approvals, as applicable; the exploration potential of the Sixtymile Project; the
Company’s planned exploration and development activities, including the scope, timing and
results of future work programs and any future drilling; and the Company’s future plans,
expectations, objectives and intentions.
Forward-looking information is based on assumptions that the Company believes are reasonable
as of the date hereof, including assumptions regarding: the parties’ ability to satisfy the terms
and conditions of the Option Agreement; the receipt of all requir ed regulatory, third-party and
exchange approvals, as applicable; the Company’s ability to obtain financing on acceptable terms,
as required, to fund future exploration and development; the Company’s ability to make required
cash payments and, where applic able, issue common shares in accordance with the Option
Agreement; the Company’s ability to access the Sixtymile Project and carry out planned work
programs; the availability of contractors, equipment and other resources required to conduct
exploration activities; and general business, economic and commodity price conditions.
Forward-looking information involves known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements to differ materially from those
expressed or implied by such forward-looking information. These risks and uncertainties include,
among others: the risk that required approvals may not be obtained on a timely basis or at all;
the risk that the transaction contemplated by the Option Agreement may not be completed as
contemplated or at all; the risk that the Company may not satisfy the conditions required to earn
its interest in the Sixtymile Project; risks inherent in exploration and development, including that
exploration results may not be indicative of future results; operational and technical risks;
changes in project parameters as plans continue to be refined; commodity price fluctuations ;
market volatility; and other risks described in the Company’s public disclosure documents
available under the Company’s profile on SEDAR+.
Readers are cautioned not to place undue reliance on forward-looking information. All forward-
looking information contained in this release is made as of the date of this release, and the
Company disclaims any intent or obligation to update or revise any forward-looking information,
whether as a result of new information, future events, or otherwise, except as required by
applicable securities laws.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor
disapproved of the contents of this news release.