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.
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Tectonic Metals Inc. (TETOF) has announced the start of its inaugural diamond drilling program at the Tibbs Gold Project in Alaska's Goodpaster Mining District. The program consists of approximately 3,000 metres of drilling in two phases, targeting both known high-grade areas such as the Michigan Zone, which previously reported grades of 6.71 grams per tonne gold, and newly identified anomalies. The project spans 29,000 acres and is located near the Pogo Gold Mine. The program aims to obtain detailed structural information that could enhance understanding of gold mineralization in the area.
Tectonic Metals Inc. (OTCQB: TETOF) has announced its 2021 exploration plans, focusing on two oriented diamond drilling campaigns at its Tibbs and Seventymile Gold Projects in Alaska. Drilling at Tibbs is set to begin mid-June, targeting high-grade structures identified in previous programs. The company plans approximately 4,800 meters of drilling across both projects. Initial results from past drilling at Tibbs showed high-grade gold intersections, with grades of 19.3 g/t Au over 3.05m. Tectonic also granted options to purchase 450,000 shares, reflecting investor confidence amid these promising exploration efforts.
Tectonic Metals Inc. has appointed Paul Charlish as Chief Financial Officer and Corporate Secretary, effective immediately. With over 30 years of finance experience, including a key role at Fission Uranium Corp., Charlish brings valuable expertise in the junior mining sector. He replaces Krysta Chapman, who served as CFO since 2018. Charlish's responsibilities include overseeing accounting and finance operations, as Tectonic positions for growth. The company also granted him 400,000 stock options with a 35% exercise price premium.
Tectonic Metals Inc. (TETOF), a mineral exploration company based in Vancouver, BC, announces its commitment to combat racism and promote equity, diversity, and inclusion within the mining industry. In response to recent racial incidents, the company reveals immediate actions including scholarships for Black and Indigenous students, mandatory anti-racism training for staff, and a full audit of internal policies. Tectonic aims to set a standard for systemic change, highlighting its responsibility as a corporate leader to foster a safer, more inclusive environment.
Tectonic Metals Inc. (TSX-V: TECT; OTCQB: TETOF) will present at the OTC Markets Global Metals & Mining Investor Conference on October 20, 2020, at 4:30 PM ET. Founder and CEO Tony Reda will discuss updates on the Tibbs Gold Project in Alaska. Investors can participate in real-time Q&A and a recorded archive will be available post-event. Pre-registration is recommended for participation. Recent highlights include impressive drilling results at the Tibbs Gold Project, indicating significant potential for gold resources.
Tectonic Metals Inc. has released final results from its 3,202 metre Rotary Air Blast drilling campaign at the Tibbs Gold Project. Highlights from the Lower Trench area include a significant intercept of 10.78 g/t Au over 3.05m, part of a larger interval showing 4.50 g/t Au over 7.62m. The mineralization is similar to that of the nearby Michigan Zone, indicating a broad hydrothermal system. The summer 2020 drilling program successfully expanded understanding of gold potential in these structurally controlled targets. Upcoming assays from additional drilling and geophysical surveys are pending.
Tectonic Metals Inc. (TETOF) has announced promising assay results from its 2020 drilling campaign at the Tibbs Gold Project in Alaska. Highlights include high-grade gold intersections such as 6.71 g/t Au over 9.14m and 19.3 g/t Au over 3.05m. Overall, the 3,202-meter Rotary Air Blast drilling campaign has expanded gold mineralization along a 275m strike. The company also conducted a soil sampling program, with results pending. Key next steps involve an induced polarization survey to further assess the mineralization potential.
Tectonic Metals Inc. (TETOF) announced the acquisition of 65,600 acres in Alaska's Goodpaster Mining District, enhancing its Tibbs Gold Project. This includes Carrie Creek and Mt. Harper properties, secured through a partnership with Doyon, Limited. The mineral lease agreement spans 15 years and mandates a minimum exploration expenditure of $1 million through 2022, increasing in subsequent years. Tectonic aims to leverage modern exploration techniques to unlock the potential of these previously dormant sites.