Tectonic Metals Inc. reports exploration, drilling, financing, and governance developments tied to its gold-focused mineral exploration business. Company updates center on the Flat Gold Project in Southwest Alaska, including assay results, step-out and resource-definition drilling, regional target testing, and geological work across targets such as Chicken Mountain, Alpha Bowl, and Black Creek.
Recurring news also covers capital raises used to fund exploration programs, project de-risking work, metallurgical testing, camp and access infrastructure, and board-level governance changes. Technical disclosures reference reduced intrusion-related gold system geology, reverse-circulation and diamond drilling, and Canadian mineral-disclosure review practices.
Tectonic Metals (TETOF) appointed Eduard Epshtein as Chief Financial Officer and Corporate Secretary, effective October 1, 2026, replacing Oliver Foeste.
Epshtein served as Lithium Americas' CFO from 2007 through 2023, with experience in resource-project development, financing and corporate transactions. Tectonic plans to complete its largest-ever drill program at the Flat Gold Project in southwest Alaska at the end of October. A maiden mineral resource estimate for the Chicken Mountain intrusion target is planned for Q1 2027, followed by a preliminary economic assessment targeted for Q2 2027.
Tectonic also granted 560,000 stock options to an officer and an employee at C$2.05 per share, expiring five years from grant, and 51,000 restricted share units to an officer. Both awards vest over 36 months in three equal installments every twelve months from grant.
Tectonic Metals (TETOF) reports that all matters at its 2026 Annual General Meeting on September 17, 2026, were approved by shareholders. Shareholders representing 58.44% of outstanding common shares as of the record date were represented at the Meeting. All six director nominees, including Eira Thomas and Tony Reda, were elected with between 99.88% and 99.89% of votes cast in favour.
Auditor Davidson & Company LLP was reappointed with 78,624,226 votes, or 99.95%, in favour. Shareholders approved the Advanced Notice Policy (78.55% in favour), Equity Incentive Plan (98.05%), Deferred Share Unit (DSU) Plan (98.66%) and DSU Grants (98.67%). The company reiterates its focus on the Flat Gold Project in Alaska, where drilling at the Chicken Mountain target has achieved a stated 100% success rate across 206 holes to date.
Tectonic Metals (TETOF) reported first 2026 drill assays from the Chicken Mountain target at its Flat Gold Project in Alaska, including 1.40 g/t Au over 30.00 m and 0.51 g/t Au over 118.16 m in hole CMD26-036, extending a higher-grade corridor to over 300 m vertical depth.
CMD26-036 also contains a 4.58 g/t Au over 4.50 m interval and multiple subsidiary zones, with the hole ending in mineralization at 388.16 m. Step-out RC holes CMR26-141 and CMR26-142, located 1.2 km south, expanded the southern drilled footprint by 200 m to approximately 600 m, with intercepts up to 0.56 g/t Au over 38.10 m including 3.06 g/t Au over 4.57 m. Another RC hole, CMR26-128, returned 0.71 g/t Au over 22.86 m including 6.79 g/t Au over 1.52 m.
To date, 206 holes at Chicken Mountain have all intersected gold, defining mineralization over 3.3 km strike, up to 700 m width and 300 m depth. Over 22,000 m have been drilled in 2026, with assays pending for 97 additional holes totalling nearly 18,000 m, and a maiden mineral resource estimate targeted for Q1 2027.
Tectonic Metals (OTCQB:TETOF) reported new 2026 drill assays from the Black Creek target at its 99,840‑acre Flat Gold Project in southwest Alaska, indicating a growing intrusion-related gold system about six kilometres northeast of the Chicken Mountain target.
Key intercepts include 5.09 g/t Au over 21.34 m (including 17.34 g/t Au over 6.10 m) in RC hole CMR26‑152, 1.89 g/t Au over 57.91 m (including 2.75 g/t Au over 38.10 m with internal higher-grade intervals) in CMR26‑153, and 16.73 g/t Au over 2.22 m in diamond hole CMD26‑041. Both RC holes ended in mineralization, suggesting further depth and strike potential. According to Tectonic, these results, combined with 2025 drilling and district‑scale soil and geophysical anomalies, support Black Creek’s potential to become a second gold intrusive centre at Flat, with assays from six additional holes still pending.
Tectonic Metals (OTCQX:TETOF) appointed Keren Yun as Vice President, Investor Relations, effective June 29, 2026, to lead investor relations, stakeholder engagement and capital markets communications as the Company advances its Flat Gold Project in Alaska.
Tectonic granted 2,146,000 stock options at C$2.10, expiring in five years with staggered vesting, 100,000 deferred share units (DSUs) to certain non-employee directors vesting after one year and subject to shareholder and TSXV approval, and 174,000 restricted share units (RSUs) to executives vesting over 18 months.
Tectonic Metals (OTCQB:TETOF) adopted an advance notice policy governing how shareholders nominate directors. The policy sets deadlines for submitting nominations ahead of annual and special meetings and is effective immediately.
The company also granted 110,000 employee stock options at C$2.40, vesting over 36 months and expiring in five years.
Tectonic Metals (OTCQB:TETOF, TSXV:TECT) appointed Maggie Layman as Vice President, Exploration, and transitioned Peter Kleespies to Chief Geological Officer effective May 11, 2026.
The company granted 420,000 stock options at C$2.50 and 21,000 RSUs, vesting over 36 months, to a new officer and new employees and contractors.
Tectonic Metals (TETOF) launched a 40,000 metre, five‑rig drill program at the Flat Gold Project, Alaska, backed by roughly C$100M treasury to fund expansion, maiden resource definition, district discovery drilling and de‑risking work.
Program targets a maiden NI 43‑101 resource at Chicken Mountain in Q1 2027, includes ~30,000m diamond core and ~10,000m RC, plus metallurgy, geotechnical and infrastructure investments.
Tectonic Metals (OTC: TETOF) closed an upsized private placement raising C$92,033,975 through issuance of 42,806,500 common shares at C$2.15 per share, including full exercise of agents' over-allotment.
The Company received C$14,512,500 from largest shareholder Crescat for 6,750,000 shares, paid broker commissions of C$4,271,125.50, and placed a hold period on the new shares until July 4, 2026. Net proceeds will advance the Flat Gold Project in Alaska and for working capital.
Tectonic Metals (OTCQB:TETOF) announced a brokered private placement of up to C$40 million through the sale of approximately 18,605,000 common shares at C$2.15 per share, with a 15% agents' option. Proceeds will advance the Flat Gold Project and for general corporate purposes.
The Offering is expected to close on or about February 24, 2026, is subject to TSXV approval, and issued shares will carry a statutory hold period of four months and one day. Agents will receive a cash commission of 6% (reduced to 2% for certain president's list purchases).