Tectonic Metals Stock Price, News & Analysis

Tectonic Metals Inc. has reported promising results from its 2021 rock sampling at the Tibbs Gold Project, specifically at the Jorts target, with notable gold values reaching 50.3 g/t Au. This sampling resulted in a 450m long high-grade gold anomaly. The mineralization at Jorts shows similarities to that found at Kinross Gold's Fort Knox mine. The company has mobilized a second drill rig for 1,200m of reverse circulation drilling and plans an additional 2,500m at other high-priority targets, extending drilling into October 2021.

Tectonic Metals Inc. (TETOF) has completed geological mapping and prospecting programs at its Tibbs Gold Project and initiated a new program at the Mt. Harper Polymetallic Project. The Tibbs project focused on the Jorts and Jeans prospects, revealing high gold grades up to 27.9 g/t. At Mt. Harper, which covers 49,800 acres, diverse mineralization styles were identified, including gold. The company aims to advance these projects to drill-ready status. Additionally, Tectonic corrected earlier financing details related to a private placement, raising C$7,176,056.

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.