Business
Flow Metals Identifies High-Grade Gold and Porphyry Target at New Brenda
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - Flow Metals Corp. (CSE: FWM) ("Flow Metals" or "the Company") is pleased to update on the 10
About this update from Flow Metals Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - Flow Metals Corp. (CSE: FWM) (\"Flow Metals\" or \"the Company\") is pleased to update on the 10,000 ha New Brenda Project (the \"Property\") located directly between the Brenda copper molybdenum mine and Elk gold mine in south-central British Columbia. Target Highlights include: Hand-trenched quartz vein with VG, samples graded 53.5 g/t Au and 32.3 g/t Au New copper porphyry XP Target sampled up to 0.6% Cu with 46 g/t Ag Magnetite destruction ring 2 km in diameter outlined at the XP Target Figure 1: Targets Overview with inlays showing XP porphyry and Powerline gold targets XP Target The 2022 program explored four Porphyry style magnetic anomalies first identified with the 2021 airborne program defined by ring-shaped magnetic anomalies with high potassium radiometric signatures. All four targets are near the contact between the prospective Pennask and Osprey Lake batholiths directly related to the porphyry mineralization at the Brenda copper mine and veins at the Elk gold mine. Geological mapping confirmed the ring-shaped mag-low at the XP target is related to hydrothermal alteration within the magnetic host rocks. Potassic alteration was also observed as potassium feldspar and biotite pseudomorphs of mafic minerals and magnetite. Figure 2: Intrusive host rock with porphyry-style copper mineralization. Sample is in mag-destruction ring. Assay results 0.67% Cu with 46.1 g/t Ag Follow-up petrographic work on a grab sample the Company took in 2018 with significant copper and silver values shows distinctive porphyry style alteration (Fig 2). Sample NBS7-5 shows copper-bearing minerals include chalcopyrite, bornite and trace malachite. Potassic alteration within this sample is seen surrounding some of the copper sulphides and as secondary biotite clusters. The magnetic survey delineates a 2 kilometre wide magnetic-destruction ring that correlates to hydrothermal alteration of magnetite and anomalous copper. Powerline Gold Zone Work at the Powerline Gold Zone 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 4m before being obscured by th...