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North of 60 Mining News - October 11, 2024
Flow Metals Corp. Oct. 8 announced an update on its 2024 exploration program at the company's Sixtymile gold project in Yukon, Canada, where recent geological mapping and sampling have identified new targets within a nine-kilometer (5.6 miles) gold-bearing thrust fault zone.
Located 65 kilometers (40 miles) west of Dawson City, within the traditional territory of the Tr'ondëk Hwëchʼin First Nation, the Sixtymile property sits within the broader Tintina Gold Belt and holds significant exploration potential as Flow Metals has continued to assess its geological and structural features.
Since optioning the Sixtymile property in 2019, Flow Metals Corp. has been actively working to unlock its gold-bearing potential.
Spanning 66.4 square kilometers (25.6 square miles) near the Alaska-Yukon border, the property lies in a district historically known for its placer gold production, with over 400,000 ounces of gold extracted from creeks such as Bedrock, Big Gold, Little Gold, Glacier, and Miller between the 1890s and 2005.
Since acquiring the property, Flow Metals has conducted extensive geological mapping, structural analysis, and soil sampling programs to further define the gold-bearing structures.
In 2021, the company completed a drill program that helped outline a large, mineralized structure extending from surface to over 275 meters in depth. Current exploration efforts have refined these findings, focusing on key zones such as Easter Egg, Gold Split, Glacier Creek, Kenecott, and Layfield.
A major focus of the 2024 field season has been the identification of D4 deformation – a structural feature associated with significant gold mineralization in neighboring Klondike and White Gold districts. This deformation has been detected across multiple areas at Sixtymile, helping the company refine its drill targets for upcoming campaigns.
The team also identified a second D4 deformation corridor upstream of the main thrust fault zone with favorable quartz veining at Bedrock and Miller creeks and elevated gold-in-soil samples along the ridge between them.
"The recent surface program has demonstrated a large prospective geological setting, tracing known structures at Sixtymile," said Flow Metals President Scott Sheldon. "Building on successful drilling in the Kenecott and Layfield zones, widespread evidence of D4 deformation offers further insight into the search for high-grade zones within the mineralized fault system."
The program, based at Glacier Creek placer camp, focused on six zones along the nine-kilometer (5.6 miles) target, sampling quartz veins with visible sulfides. Assays are pending from 20 rock samples collected this year.
Structural measurements, geophysical surveys, and lithological mapping were conducted to refine the geological model.
Flow Metals intends to use the results from this surface program to guide its next phase of drilling, with plans to further explore high-grade gold zones identified within the fault system.
To support these efforts, the company recently secured a 10-year exploration permit, allowing for larger-scale drilling programs and expanding exploration capabilities at Sixtymile.
The company is also leveraging detailed geological mapping and Leapfrog Geo 3D modeling of the thrust fault corridor to refine its exploration targets at Sixtymile. This advanced software will aid Flow Metals in identifying the most promising gold-bearing structures and optimizing drill plans for the upcoming campaigns.
"Sixtymile shares several geological similarities, including greenschist facies metamorphism, structural deformation, and the quartz vein-hosted nature of the gold with neighboring orogenic projects in the White Gold and Klondike districts," Sheldon added. "Notably, in both districts placer gold mining led to the discovery of substantial lode gold systems."
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