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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 Inc. (TSX-V:TECT)(OTCQB:TETOF) has launched its 2024 drilling program at the Flat Gold Project in Alaska. The project covers 99,000 acres on Alaskan Native-owned land under Doyon, Key targets include:
1. Chicken Mountain: A 6.5 km x 6.0 km monzonite intrusion with a 4 km-long gold-in-soil anomaly.
2. Adit-Happy Structure: A 2 km long structural corridor intersecting Chicken Mountain.
3. Alpha Bowl: Northern extension of Chicken Mountain, to be drilled for the first time.
4. Golden Apex: A 2.5 km-long and 2.0 km-wide intrusion target with historical drilling.
Initial drill assay results are expected by the end of October 2024. The Flat Gold System spans a 20 km trend and has historically produced about 1.4 million ounces of placer gold.
Tectonic Metals Inc. (TSX-V:TECT; OTCQB:TETOF) has announced 2024 assay results from four historical core holes drilled in 2003 at the Flat Gold Project in Alaska. The results reveal new intrusion-hosted gold corridors at Chicken Mountain and validate a Reduced Intrusion-Related Gold System (RIRGS) at Golden Apex. Key findings include:
1. Identification of new mineralized zones and confirmation of historical intersections
2. Validation of geochemical and geophysical vectors to mineralization
3. Golden Apex: RIRGS target validated with highlight intervals of 12.34 m @ 1.08 g/t Au
4. Chicken Mountain: New mineralized corridors discovered with up to 263.65 m of gold mineralization
These results underscore the potential for uncovering significant gold resources across multiple intrusions at Flat, positioning Tectonic for success in future exploration programs.
Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) has successfully closed an oversubscribed non-brokered private placement for gross proceeds of C$3,070,639 by issuing 51,177,317 Units at C$0.06 per Unit. Due to strong investor interest, the company is extending the offering for an additional C$1,000,000. With these funds, Tectonic is set to commence its 2024 drill program on the Flat Gold Project in Alaska.
The company also appointed Jesse Manna as Investor Relations, bringing his geology expertise to enhance communication with investors. Additionally, Tectonic granted 2,600,000 incentive stock options to various company personnel.
Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) announces a C$3,000,000 non-brokered private placement led by strategic shareholder Crescat Capital. Up to C$2,500,000 of the offering will use the Listed Issuer Financing Exemption (LIFE), allowing for freely tradeable shares. The offering includes units priced at C$0.06, each comprising one common share and a half-warrant exercisable at C$0.10 for two years. Proceeds will fund the 2024 drill program at the Flat Gold Project.
Crescat Capital, Tectonic's largest shareholder, is doubling down on its investment, citing the Flat Project's potential as a tier-one gold asset. Recent metallurgical tests indicate the gold mineralization is amenable to low-cost heap leach processing. Tectonic plans to drill test multiple new kilometer-scale targets, building on the 1.8 km of mineralized strike already identified at Chicken Mountain.
Tectonic Metals has initiated a multi-phase metallurgical column test program to evaluate the viability of low-cost heap leaching for gold extraction at the Chicken Mountain bulk-tonnage target, part of their Flat Gold Project in Alaska. This follows promising 2023 test results showing 95% gold recovery. The 2024 program's first phase uses historic drill core samples to assess leach kinetics and optimal crush sizing, aiming to reduce energy and operational costs. Tests include assay head sample analysis, bottle roll leach testing, and column leach testing. The work is conducted by Base Metallurgical Laboratories under the guidance of metallurgical engineer Fred Lightner.
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