Welcome to our dedicated page for Tectonic Metals news (Ticker: TETOF), a resource for investors and traders seeking the latest updates and insights on Tectonic Metals stock.
Tectonic Metals Inc. (OTCQB: TETOF; TSX-V: TECT) regularly issues detailed news releases about exploration progress at its Flat Gold Project in southwestern Alaska. These updates focus on drilling results, geological interpretations, and project-scale developments across multiple intrusion-related gold targets, including Chicken Mountain, the Adit Zone, Alpha Bowl, Golden Apex, Black Creek and Jam.
Company news highlights assay results from both diamond core and reverse circulation drilling, often summarizing key gold intercepts, mineralized widths, and the extent of mineralization along strike and at depth. Tectonic also reports on how new holes confirm or extend mineralized corridors, such as the multi-kilometre connection between Chicken Mountain and Alpha Bowl, and how targets remain open in several directions.
Beyond assays, Tectonic’s releases describe its broader exploration strategy at Flat, including multi-rig drill campaigns, high-resolution drone magnetic surveys, and metallurgical test work related to heap-leach processing potential. Updates also cover initiatives like the "Virtual Drill Core Shack" webcasts, where the technical team discusses drill core photographs and geological observations in an interactive format.
Investors following TETOF news can expect coverage of drill program milestones, phase completions, planned meterage, and the company’s stated goal of advancing Chicken Mountain and other targets toward a maiden mineral resource estimate and future economic studies. Corporate announcements, such as annual general meeting results, board and chair appointments, and equity incentive grants, are also communicated through Tectonic’s news flow, providing additional context on governance and capital markets activity.
This news page aggregates these releases so readers can review the sequence of technical and corporate developments shaping Tectonic Metals’ exploration of the Flat Gold Project.
Tectonic Metals (OTCQB:TETOF) has announced a 1:10 share consolidation (reverse stock split) effective May 20, 2025. The consolidation will reduce the company's outstanding shares from 419,853,777 to approximately 41,985,378. This strategic move aims to capitalize on strengthening gold prices and increasing institutional interest in gold, rather than being driven by necessity.
The consolidation, approved by shareholders in September 2023 and the Board in April 2025, will maintain the same company name and trading symbol. The new CUSIP will be 87877T608 and ISIN CA87877T6088. All outstanding warrants and stock options will be proportionally adjusted to reflect the consolidation ratio.
Tectonic Metals (TSXV: TECT; OTCQB: TETOF) has announced a C$7 million non-brokered private placement, with over C$5 million already secured from strategic investors, including a C$2 million cornerstone investment from Crescat Capital, their largest shareholder.
The funding will support the company's 2025 Phase One Drill Program at Alpha Bowl, their newest high-grade oxide discovery at the Flat Gold Project in Alaska. The initial 2024 discovery hole (CMR24-026) returned impressive results: 65.53m @ 1.22 g/t Au, including higher-grade sections.
The company also announced a 10-for-1 share consolidation, reducing outstanding shares from 419,853,777 to approximately 41,985,378. The consolidation aims to enhance institutional appeal and trading efficiency. The post-consolidation shares are expected to begin trading on the TSXV around May 16, 2025.
Tectonic Metals (TETOF) has announced a significant gold discovery at the Alpha Bowl target of its Flat Gold Project in Alaska, extending the mineralized strike length of the Chicken Mountain gold system from 2km to 3km. The company reported impressive drill results including 65.5 metres of 1.2 g/t Au, with high-grade sections of 6.1 metres at 6.0 g/t Au and 1.5 metres at 21.7 g/t Au.
Key highlights include:
- 100% drill success rate across all 86 holes at Chicken Mountain
- First-ever drilling at Alpha Bowl, historically known for 650,000 ounces of placer gold production
- Confirmation of bedrock gold source for Flat Creek placers
- Mineralization remains open along strike and at depth
The Flat Gold Project, located 40km northeast of the 39-million-ounce Donlin Gold Project, demonstrates potential for heap leach processing with recent tests showing 91-96% gold recoveries. The project spans 99,800 acres on Native-owned land, with Doyon having invested over $4M in Tectonic Metals.
Tectonic Metals (TETOF) has announced a significant gold discovery at the Alpha Bowl target of its Flat Gold Project in Alaska, extending the Chicken Mountain gold system's mineralized strike length from 2km to 3km. The discovery includes impressive intersections of 65.5 metres of 1.2 g/t Au, including 6.1 metres of 6.0 g/t Au with 1.5 metres of 21.7 g/t Au.
Located 40km northeast of the Donlin Gold Project, Flat achieved a 100% drill success rate across all 86 holes at Chicken Mountain. The Alpha Bowl target, spanning 1.5km by 0.5km, represents the bedrock source of historic placer gold production of 650,000 ounces from Flat Creek. All five Alpha Bowl drill holes intersected significant gold grades, with mineralization remaining open in all directions.
The project demonstrates potential for heap leach processing, with recent tests showing 91-96% gold recoveries. The mineralization starts at surface with minimal overburden and extends to a vertical depth of 325m, suggesting potential for a large-scale, bulk-tonnage open-pit operation.
Tectonic Metals has successfully closed the second tranche of its extended non-brokered private placement, raising additional gross proceeds of C$1,691,712 through the issuance of 28,195,200 units at C$0.06 per unit. Combined with previous offerings, the company has now raised total gross proceeds of C$5,349,171. Each unit consists of one common share and one-half common share purchase warrant, exercisable at C$0.10 per share. The company also granted 9,000,000 incentive stock options at C$0.10 per share with a five-year term. In connection with the offering, Tectonic paid total finders' fees of C$226,029 and issued 3,767,153 finder's warrants.
Tectonic Metals Inc. (TSXV:TECT; OTCQB:TETOF) has closed the first tranche of its extended C$1.0 million non-brokered private placement offering, issuing 9,780,334 units at C$0.06 per unit for gross proceeds of C$586,820. Combined with the original offering, the company has raised C$3,657,459 in total. Each unit consists of one common share and a half warrant exercisable at C$0.10 for two years.
The offering included both freely tradeable LIFE units and restricted HOLD units. Finders' fees of C$27,720 and 462,000 warrants were paid. Proceeds will be used to advance the Flat Gold Project and for working capital. A second tranche is expected to close within 30 days, subject to TSXV approval.
Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) held its Annual General Meeting of Shareholders (AGM) on September 19, 2024. The company announced that shareholders approved all matters voted on at the online meeting. These included:
- Re-election of Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong, and Michael W. Roper to the Board of Directors
- Re-appointment of Davidson & Company LLP as auditors
- Approval of the Company's Equity Incentive plan
The announcement reflects the shareholders' continued support for the current leadership and strategic direction of Tectonic Metals.
Tectonic Metals Inc. (TETOF) announced impressive results from its first-ever scoping metallurgical heap leach column tests at the Flat Gold Project in Alaska. The tests achieved gold recoveries of 96% and 91% on coarse ¾-inch material, comprising both oxidized and non-oxidized fresh mineralized drillcore. Key findings include:
- Rapid leach kinetics with over 80% gold recovery within 29-36 days
- Heap leach potential confirmed for both oxidized and non-oxidized mineralization
- No agglomeration required, potentially enhancing efficiency and lowering costs
- Potential for run-of-mine heap leaching, similar to Kinross Gold's Fort Knox Mine
These results suggest the possibility of a cost-effective, large-scale mining operation in a stable jurisdiction, further establishing the Flat Project as a key asset in Tectonic's portfolio.
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