Mr. Scott Sheldon reports

FLOW METALS COMPLETES INDUCED POLARIZATION SURVEY AT NEW BRENDA PORPHYRY COPPER TARGET

Flow Metals Corp. has completed an 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:

• 3.2-kilometre induced polarization, single-line, survey over the XP target;
• Two elevated chargeability anomalies identified align with anomalous soil and rock samples;
• Elevated 1,500-metre-long, shallow eastern anomaly coincides with annular magnetic-low region;
• 1,000-metre-long western anomaly underlies a rock sample containing 0.67 per cent copper (Cu).

Scott Sheldon, chief executive officer of Flow Metals, commented: "Results from the IP survey provide further indications of a potential large porphyry system. Our team continues to develop the XP porphyry target through systematic evaluation and geophysical techniques. Widespread mineralization in surface soils and co-incident IP and magnetic response at depth take us one step closer to defining drill-ready targets. New Brenda is showing signs of being a significant new district-scale grassroots project in a Tier 1 copper district."

Survey interpretation

The survey delineates two areas of significant interest. The eastern anomaly shows very high chargeability underneath a previously identified large geochemical and magnetic target over a distance of 1,500 metres. The chargeability weakens with depth in the inversion but remains highly anomalous to the bottom of the survey (estimated depth of 150 metres). High chargeable values may indicate the presence of disseminated sulphide minerals which are commonly found within and adjacent to porphyry deposits.

The western EM anomaly delineates a broad deeper chargeable zone underneath the 0.67 per cent Cu showing over a distance of 1,000 metres . The anomaly widens and intensifies with depth from the surface. Wider spacing over this zone will be required to see if the rocks continue to become more chargeable at depth. The lower values around 10 to 20 msec are within typical range of disseminated chalcopyrite mineralization.

The areas highlighted by the current survey and historical soil and rock sampling are covered with a semicontinuous layer of till overburden and bedrock exposure is limited. The immediate next steps include detailed prospecting of the anomalous area with test pits and soil profile geochemical sampling. Expansion of the current IP survey with parallel IP lines will help delineate the chargeability anomalies and generate a three-dimensional model of the subsurface to define drill targets.

Survey details

The in-house survey was conducted over 12 days by a team of six people lead by Angelica St. Pierre. The time domain (two seconds on and two seconds off) survey was pole-dipole n equals eight array with an a spacing of 50 metres designed by Martin St. Pierre of St. Pierre Geoconsultant Inc. The inversion was completed by David Bingham with raw data preprocessed in X2IPI and inverted with the RES2DINV algorithm. On site supervision was by Harley Slade, PGeo, a director of the company and project manager.

XP target history

In 2018, a 10-metre-wide outcrop with chalcopyrite mineralization was discovered and a grab sample was taken. The sample contained 0.67 per cent Cu and 46.11 ppm silver (Ag) and elevated trace elements such as bismuth, tellurium and uranium. The sample had pervasive potassic alteration in the form of biotite replacing hornblende and magnetite. 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, copper, molybdenum, silver, bismuth 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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