Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Flow Metals Receives 10-Year Exploration Permit at Yukon Gold Project

FWM · Price

Executive Summary

  • The Yukon Government issued a 10‑year Class 3 quartz exploration permit for Flow Metals’ Sixtymile Gold Project, authorizing up to 100 diamond drill holes and 5 km of mechanized trenching per year.
  • Permit approval follows extensive stakeholder engagement with the Government of Yukon and Tr'ondëk Hwëch'in Government, clearing a key regulatory hurdle for systematic drilling on priority gold targets.
  • Historical drill intercepts (e.g., 105.3 m @ 0.51 g/t Au) and recent soil anomalies up to 1.18 g/t Au support the prospectivity of the district; Flow Metals will now focus on delineating higher‑grade zones under the new permit.

Key Details

  • Permit Scope:
  • Up to 100 diamond drill holes per calendar year.
  • Up to 5 km of mechanized trenching and soil sampling annually.
  • Authority to construct and upgrade access roads/trails.

  • Project Background:

  • Sixtymile district has produced placer gold since the 1890s; Flow Metals holds claims on Bedrock, Miller, Glacier, and Little Gold creeks.
  • Recent mapping identified a mineralized thrust‑fault system extending ≥9 km across the property.

  • Historical Results (for context only):

  • Soil Au anomalies up to 1.18 g/t (RDU SM I029450).
  • Drill intercept DDH_11-18: 105.3 m @ 0.51 g/t Au from 88 m, including 24.07 m @ 1.57 g/t Au from 141.93 m.

  • Planned Exploration Activities:

  • Oriented diamond drilling along the thrust‑fault system to test confirmed gold mineralization.
  • Expanded soil geochemistry and mechanized trenching to expose new structural/geochemical targets.
  • Selective access road construction/upgrades to reach untested ground and support mapping, sampling, and drilling.

  • Regulatory & Environmental Compliance:

  • All work will meet Yukon Class 3 environmental requirements with progressive reclamation and ongoing community engagement.

  • Qualified Person: Harley Slade, P.Geo., Vice President of Exploration and Director, has reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“Receipt of the Class 3 permit follows collaborative engagement with local stakeholders and with both the Government of Yukon and Tr'ondëk Hwëch'in Government,” said Scott Sheldon, President of Flow Metals.
“With key approvals in place, we intend to commence systematic drilling on priority gold targets in the district.”

Read the original news release →

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