Flow Metals options 100% stake in 154 Yukon quartz claims for $180,000 payments

Reuters2026/08/06 18:11

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FLOW Metals optioned a neighboring Sixtymile gold project in Yukon, seeking a 100% interest in 154 quartz claims.
The option requires total payments of $180,000 through Aug. 7, 2030, payable in cash or 50% cash and 50% common shares.
The vendor retains a 2.5% net smelter returns royalty; Flow can buy back 1% for $1.5 million before commercial production.
Milestone payments include $100,000 or up to 1,000,000 shares tied to a 500,000-ounce inferred resource, and $50,000 or up to 500,000 shares after 2,500 meters of drilling.
The acquisition expands the district land position to about 16,800 hectares, adding an epithermal exploration target alongside existing orogenic gold targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FLOW Metals Corp. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Flow Metals options 100% stake in 154 Yukon quartz claims for $180,000 payments

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