Tectonic Metals Stock Price, News & Analysis

Tectonic Metals (OTCQB:TETOF) reported initial assays from 10 of 79 holes at Chicken Mountain, Flat Gold Project, Alaska, from its 2025 program totaling 18,373 m across 125 holes.

Key intercepts include 1.46 g/t Au over 26 m inside 0.69 g/t Au over 125 m (CMD25-011) and multiple long, continuous zones (e.g., 126 m at 0.44 g/t Au, CMD25-016). Drilling shows a 100% hit rate (96/96 holes to date) with mineralization open in all directions, >350 m vertical extent, and ~3 km strike starting at surface.

Company highlights PQ metallurgical cores and prior heap-leach tests with recoveries of 96% and 91%, supporting potential open-pit, heap-leach economics.

Tectonic Metals (OTCQB:TETOF) completed a record two-phase 2025 drill campaign at the Flat Gold Project, delivering 18,372 metres in 125 holes funded by a transformational $33.9M capital raise. Phase One included a high-grade intercept (hole CMR25-035) of 2.23 g/t Au over 41.15 m (including 4.00 g/t Au over 21.34 m and 13.25 g/t Au over 4.57 m). Assays from all holes have been received by labs but reporting is staggered due to lab delays; results are expected through Q4 2025 and into 2026.

Significant camp upgrades advanced year-round operations and the company plans a maiden mineral resource estimate and an expanded 2026 drill program.

Tectonic Metals (OTCQB:TETOF) has launched Phase Two drilling at its flagship Flat Gold Project in Alaska, targeting over 9,000 meters of drilling through October 2025. The program employs three rigs (two diamond core and one RC) and, combined with Phase One, will complete over 16,000 meters in 2025.

The program focuses on two main areas: systematic delineation drilling at Chicken Mountain to support a Maiden Mineral Resource estimate, and expansion drilling at Alpha Bowl, following impressive results including 41.15m at 2.23 g/t Au. Chicken Mountain represents a substantial 6.5km x 6.0km monzonite intrusion with over 3km of drilled mineralized strike from 86 drill holes.

The company is also making significant investments in logistics and infrastructure to enable year-round operations starting spring 2026, while developing an Environmental Baseline Study program.

Tectonic Metals (OTCQB: TETOF) announced the successful completion of its 2025 Annual General Meeting, with shareholders representing over 42% of outstanding shares approving all proposed matters. The meeting resulted in the re-election of five board members: Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong, and Michael W. Roper.

Shareholders also approved the reappointment of Davidson & Company LLP as the company's auditor and ratified the company's rolling equity incentive plan.

Tectonic Metals (OTCQB:TETOF) announced significant gold discoveries from its first 2025 RC drill hole at the Alpha Bowl target within its Flat Gold Project in Alaska. The key drill hole CMR25-035 intersected impressive results of 2.23 g/t Au over 41.15 metres, including 4.00 g/t Au over 21.34m with 13.25 g/t Au over 4.57m.

The Alpha Bowl target, measuring 1.5km by 1.0km, represents a significant blind-to-surface reduced intrusion-related gold system (RIRGS). The 2025 Phase One program completed 7,718 metres in 48 drill holes, with 24 holes specifically targeting Alpha Bowl. This first hole represents a 250-metre step-out from the 2024 discovery hole, confirming the system remains open in multiple directions.

The company is currently conducting Phase Two drilling, with results pending from 47 additional Phase One holes, suggesting significant exploration potential ahead.

Tectonic Metals (OTCQB:TETOF) has successfully completed its Phase One drill program at the Flat Gold Project in Alaska, drilling 7,718 metres across 48 holes. The program, part of the company's largest-ever exploration campaign, targeted multiple intrusion-related gold systems including Alpha Bowl, Chicken Mountain, Golden Apex, Black Creek, and Jam.

The company completed a 2,125 line-kilometre high-resolution drone airborne magnetic survey covering six priority targets. Additionally, Tectonic will host its first "Virtual Drill Core Shack" webcast on September 4, 2025, to showcase drill core highlights and geological observations.

The Phase One program, initially planned for $7 million, received overwhelming support resulting in an oversubscribed $12.7 million raise. The company aims to deliver its first maiden inferred resource, supported by 2025 and future drilling campaigns.

Tectonic Metals (TSX-V: TECT) has successfully completed an upsized private placement, raising C$21.2 million in gross proceeds. The offering included both brokered and non-brokered components, with shares priced at C$0.95 per common share.

The company issued a total of 22,323,831 common shares, with 14,585,105 shares issued under the listed issuer financing exemption and 7,738,726 shares issued under the accredited investor exemption. Notably, Crescat Capital, Tectonic's largest shareholder with approximately 20.98% ownership, participated by purchasing 3,157,895 shares for C$3 million.

The proceeds will be used to advance Tectonic's flagship Flat Gold Project in Alaska and for general corporate purposes. The offering was led by 3L Capital Inc., along with Canaccord Genuity Corp. and Research Capital Corporation.

Tectonic Metals (OTCQB:TETOF) has announced significant updates to its previously disclosed C$19 million financing offering. The company has increased the Life Issuer Financing Exemption (LIFE) portion by C$7.1 million, now allowing up to 14,736,842 common shares to be offered under this exemption for gross proceeds of up to C$14 million.

The offering, priced at C$0.95 per share, includes both brokered and non-brokered components. The brokered portion is being led by 3L Capital Inc., Canaccord Genuity Corp., and Research Capital Corporation. The remaining 5,263,158 shares will be allocated to accredited investors. The offering is expected to close around August 20, 2025, subject to TSXV approval.

Tectonic Metals (OTCQB:TETOF) has announced a significant upsize to its previously announced financing, now targeting up to C$19 million in gross proceeds. The offering will issue up to 20 million common shares at C$0.95 per share.

The financing includes both brokered and non-brokered components, led by 3L Capital Inc., Canaccord Genuity Corp., and Research Capital Corporation. Notably, Crescat Capital LLC, Tectonic's largest shareholder with a 20.98% stake, has increased their investment commitment to C$3 million, up from the previously announced C$2 million.

The proceeds will be used to advance the company's Flat Gold Project and for general corporate purposes. The offering is expected to close around August 20, 2025, subject to regulatory approvals.