Mr. Scott Sheldon reports
FLOW METALS ANNOUNCES INDUCED POLARIZATION SURVEY AT NEW BRENDA PORPHYRY COPPER TARGET
Flow Metals Corp. has initiated a minimum eight-kilometre induced polarization (IP) survey at its 100-per-cent-owned New Brenda copper-silver-molybdenum project located in south-central British Columbia within the Quesnel Terrane.
Highlights include:
- Planned induced polarization survey over the XP target IP lines totalling a minimum of eight kilometres;
- First test for the 1,100 m by 1,800 m Cu-Ag-Mo (copper-silver-molybdenum) anomaly at depth.
Scott Sheldon, chief executive officer of Flow Metals, commented: "The upcoming program aims to test the coincident geophysical and geochemical anomalies at XP. The IP survey will give the company the first look under the ground at the XP target. New Brenda is located in the Quesnel Terrane, 10 kilometres west of the Brenda mine in the heart of British Columbia's porphyry district."
The XP target represents a porphyry style geochemical and magnetic anomaly. XP is hosted in the Pennask batholith, also host to the neighbouring Brenda mine to the east. Coincident geophysical magnetic low and overlapping geochemical anomalies (copper-molybdenum and silver-bismuth) helped define the target in 2023.
Survey details
The in-house IP survey will be conducted with a team of five experienced crew members. The pole-dipole survey will have 50-metre stations and n-spacing of eight. The approximate maximum depth of penetration is 200 to 250 m deep. The company is expecting the survey take 10 days starting on May 21 and to cost under $50,000 all included. The company is fully financed for the exploration program.
XP target history in 2018, a 10 m wide outcrop with chalcopyrite mineralization was discovered and a grab sample was taken. The sample contained 0.67 per cent Cu (copper) and 46.11 ppm (parts per million) Ag and elevated trace elements such as Bi (bismuth), Te (tellurium) and U (uranium). The sample had pervasive potassic alteration in the form of biotite replacing hornblende. Note that rock grab samples are selective samples by nature and, as such, are not necessarily representative of the mineralization hosted across the property. An airborne magnetic survey was later conducted in 2021 that revealed a large ring-shaped magnetic low anomaly directly underneath the rock sample. A follow-up geochemical soil survey was conducted in 2023 which highlighted a polymetallic Cu, Mo, Ag, Bi anomaly coincident with the interpreted magnetite destruction zone (see news dated July 24, 2023, Nov. 22, 2022, and Jan. 17, 2022, for further details as posted on the company's website and SEDAR+).
Qualified person
Robert Cameron, PGeo, is the qualified person for the company as defined in the National Instrument 43-101 and has reviewed the technical information presented within this news release.
About Flow Metals Corp.
Flow Metals is a mining exploration company focused on advancing two 100-per-cent-owned road access projects in established mining districts. New Brenda is a copper-silver-molybdenum porphyry project in British Columbia's Quesnel terrane and Sixtymile is a Yukon gold project in the Sixtymile placer district.
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