Flow Metals Corp. is pleased to announce that it will conduct a non-brokered private placement to raise aggregate gross proceeds of up to $400,000 . "Following the grant of a 10-year Class 3 Quartz exploration permit at Sixtymile, we are preparing for a substantially expanded work program next year," stated Scott Sheldon, President and CEO of Flow Metals. "This financing positions us to begin preparations for a focused [...]
Flow Metals Corp. is pleased to report the results from first-pass backpack drilling at the XP target, part of the 51 km² New Brenda Project within the Quesnel terrane of southern British Columbia. The program tested a kilometre-scale copper-molybdenum-silver soil anomaly near the N1 showing, where field mapping and geophysical surveys suggest the presence of a buried porphyry system. Blind Porphyry Target The target is [...]
Flow Metals Corp. is pleased to announce that the Yukon Government has granted a 10-year Class 3 Quartz exploration permit for the Sixtymile Gold Project. The permit authorizes extensive mechanized exploration activities in one of the most historically productive placer gold districts in the Yukon. The Class-3 permit allows: Up to 100 diamond drill holes per calendar year Up to 5km of mechanized trenching and soil [...]
Flow Metals Corp. is pleased to announce the completion of an initial, first-pass backpack prospecting drill program at the XP target, located within its 51km2 New Brenda Project in southern British Columbia. This program marks the first-ever drilling at the XP target, which has been the focus of recent geochemical, geophysical, and geological surveys and modelling. The program tested near-surface expressions of [...]
Flow Metals Corp. is pleased to announce it is continuing to improve its cash flow through a debt conversion plan. This plan allows a non-arms-length creditor to convert $300,000 into a secured convertible debenture maturing on March 13, 2027 . The Debenture shall bear interest at a rate of 8% calculated from the issue date. Flow Metals reserves the right to repay the Debenture, without penalty, in whole or in part, prior [...]
Flow Metals Corp. is pleased to announce that it will conduct a non-brokered private placement to raise aggregate gross proceeds of $20,000 . The Offering will consist of 222,222 common shares issued at a price of $0.09 per Share. The Company plans to use the net proceeds of the Offering for exploration and development purposes of its projects in British Columbia and the Yukon, for working capital and general corporate [...]
Flow Metals Corp. is pleased to update on the Yukon Sixtymile gold project. The project is a road accessible hard rock quartz claim covering 66.4 square kilometres at the Alaska-Yukon border, 65 kilometres west of Dawson City in the traditional territory of the Trʼondëk Hwëchʼin First Nation. Highlights: Prime district position connecting four gold producing placer creeks In place infrastructure with upgraded roads and [...]
Flow Metals Corp. is pleased to announce it has closed the first tranche of the non-brokered private placement previously announced on July 9, 2024 . The Company issued 3,300,000 non-flow-through common shares at a price of $0.05 per NFT Share for gross proceeds to the Company of $165,000. The Company has paid a finder's fee of $1,200 and it issued 24,000 non-transferable common share purchase warrants to a qualified [...]
Flow Metals Corp. is pleased to announce that it will conduct a non-brokered private placement to raise aggregate gross proceeds up to $350,000 . The Offering will consist of non-flow through common shares issued at a price of $0.05 per NFT Share and flow-through common shares issued at a price of $0.07 per FT Share. Each FT Share will be a common share of the Corporation issued as a "flow-through share" of the Income Tax [...]
Flow Metals Corp. announces the completion of an induced polarization survey at its 100% owned New Brenda copper-silver-molybdenum project located in south-central British Columbia within the Quesnel Terrane. Highlights include: 3.2 KM Induced Polarization, single-line, survey over the XP target Two elevated chargeability anomalies identified align with anomalous soil and rock samples Elevated 1500m long, shallow eastern [...]
Flow Metals Corp. announces the initiation of a minimum 8km induced polarization survey at its 100% 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 2 IP lines totaling a minimum of 8 Kilometres First test for the 1100m X 1800m Cu-Ag-Mo anomaly at depth Figure 1: Planned IP [...]
Flow Metals Corp. announces that pursuant to the option agreement dated March 23, 2019 to acquire the Sixtymile Property, it has entered into debt settlement agreements with the vendors of the Sixtymile Property to settle the annual advanced royalty payment of $30,000 and it has entered into Settlement Agreements with two insiders of the Company to settle outstanding fees accrued from exploration work at the New Brenda [...]