- Flow Metals (FWM) identifies high-grade gold and porphyry target at New Brenda
- Hand-trenched quartz vein with VG, samples graded 53.5 g/t Au and 32.3 g/t Au
- Geological mapping confirmed the ring-shaped mag-low at the XP target is related to hydrothermal alteration
- The potassic alteration was also observed as potassium feldspar and biotite pseudomorphs of mafic minerals and magnetite
- Two new gold-bearing structures were discovered along the strike of the high-grade gold zone
- Flow Metals (FWM) is unchanged on the day, trading at C$0.115 per share
Flow Metals (FWM) finds high-grade targets located between the Brenda copper-molybdenum mine and Elk gold mine in south-central B.C.
Hand-trenched quartz vein with VG, samples graded 53.5 g/t Au and 32.3 g/t Au. Also found was a new copper porphyry XP Target sampled up to 0.6 per cent Cu with 46 g/t Ag
As for its XP Target, the 2022 program explored four porphyry-style magnetic anomalies. This was initially found back in 2021.
Geological mapping confirmed the ring-shaped mag-low at the XP target is related to the hydrothermal alteration within the magnetic host rocks.
The potassic alteration was observed as potassium feldspar and biotite pseudomorphs of mafic minerals and magnetite.
Follow-up petrographic work on a grab sample the company took in 2018 with significant copper and silver values shows distinctive porphyry style alteration.
Sample NBS7-5 shows copper-bearing minerals, including chalcopyrite, bornite and trace malachite.
As for the Powerline Gold Zone, work followed up on historical and AI gold targets.
Historical results detailed potential quartz float grading up to 112g/t Au from 1995, not previously confirmed.
Hand trenching of the showing confirmed the high-grade quartz vein outcrops in place and continues for at least four metres before being obscured by thick overburden.
Two new gold-bearing structures were discovered along the strike of the high-grade gold zone.
These include a 20 cm wide arsenopyrite-filled shear zone (2.4g/t Au) and thin quartz-sulphide veins that splay from a mineralized fault (1.3g/t Au).
These gold-bearing structures trend to the northwest and can be seen as high-contrast linear features in the magnetics survey.
Flow Metals is a mining exploration company focused on advancing two 100 per cent owned road access projects in established British Columbia and Yukon mining districts.
Flow Metals (FWM) is unchanged on the day, trading at C$0.115 per share.