Tectonic Metals Inc. is pleased to announce that Tectonic shareholders approved all matters voted on at the Annual General and Special Meeting of Shareholders held on Thursday, September 22, 2022, in person and online, including: the re-election of Antonio Reda, Curtis J. Freeman, Allison Rippin Armstrong, Joseph J. Perkins and Michael W. Roper to the Tectonic Board of Directors; the re-appointment of Davidson & Company [...]
Tectonic Metals Inc. today announced drill assay results from the 2022 Reverse Circulation drill program at the Company's Seventymile Gold Project , an underexplored >40 kilometre long late Paleozoic greenstone belt located in eastern Alaska. Tectonic's drill program was very focused and consisted of nine holes over 1,412 metres with all holes intersecting gold mineralization, including a drill highlight hole of 59.4 [...]
Tectonic Metals Inc. today announced the initiation of a baseline metallurgical testwork program on the Company's Flat Gold Project , an intrusion-hosted, bulk tonnage gold system located in southwestern Alaska, 40km north of the Donlin Gold Project , owned equally by Barrick Gold Corporation and NovaGold Resources Inc. . Metallurgical samples were selected by Tectonic from historically drilled diamond core samples with [...]
Tectonic Metals Inc. ; ; is pleased to announce the appointment of Mr. Joseph J. Perkins to the Company's Board of Directors as an independent director. Over the course of his 40-year legal career, Mr. Perkins, in some capacity, has been involved with every major resource project in Alaska, including the Greens Creek, Fort Knox, Red Dog, and Pogo mines and many high-profile transactions. He has represented mining [...]
Tectonic Metals Inc. announces that the Company has closed the second tranche of the non-brokered private placement financing previously announced on April 25, 2022, by issuing 7,183,339 units of the Company at a price of C$0.06 per Unit, for aggregate gross proceeds of C$431,000 . Tectonic's President & CEO, Tony Reda, commented, "As we close our financing, I am humbled by the trust our investors have placed in us [...]
Tectonic Metals Inc. is excited to announce that drilling has kicked off on the Company's district-scale Seventymile Gold Project , an underexplored >40 kilometre long late Paleozoic greenstone belt located in eastern Alaska. Tectonic's drill program is specifically designed to test two targets with each drill hole: the newly interpreted main gold-bearing shear zone feeding the historically drilled tension veins carrying [...]
Tectonic Metals Inc. is pleased to announce that the TSX Venture Exchange has granted a 30-day extension to complete its non-brokered private placement financing previously announced on April 25, 2022. The conditional approval period for the Offering will now expire on July 8, 2022. Tectonic closed the first tranche of the Offering on May 30, 2022 for aggregate gross proceeds of C$1,931,140 . The Offering The TSX-V has [...]
Tectonic Metals Inc. is pleased to announce that the Company has closed the first tranche of its non-brokered private placement financing previously announced on April 25, 2022, by issuing 32,185,666 units of the Company at a price of C$0.06 per Unit, for aggregate gross proceeds of C$1,931,140. Tectonic's President & CEO, Tony Reda, commented, "Current challenging market conditions in no way reflect or diminish the [...]
Tectonic Metals Inc. is honoured and excited to announce that the Company's largest shareholder, Doyon, is reaffirming its landmark partnership with Tectonic through another strategic investment in the Company under the previously announced C$3,000,000 non-brokered private placement led by Crescat Capital, in association with renowned geologist, Dr. Quinton Hennigh. Tony Reda, President & CEO of Tectonic, stated, "Working [...]
Tectonic Metals Inc. is excited to announce that strategic shareholder, Crescat Capital, in association with renowned geologist, Dr. Quinton Hennigh, is anchoring a C$3,000,000 non-brokered private placement of units issued by Tectonic. Tony Reda, President & CEO of Tectonic, stated, "Crescat's continued support of Tectonic has once again demonstrated the technical merits of our projects, the strength of the Company's [...]
Tectonic Metals Inc. is excited to announce the appointment of veteran geologist, Peter Kleespies, M.Sc., as Vice President, Exploration effective immediately. Peter has over 30 years of combined corporate and mineral exploration experience resulting in numerous discoveries and the delineation of multi-million-ounce mineral deposits across several continents, North and South America, Australia, and Africa. Although Peter [...]
Highlights and Key Takeaways Discovery at Tibbs: Drilling at Gray Lead West confirms for the first-time low-angle veins carrying Pogo-style gold mineralization, intersecting gneiss-hosted quartz-sulphide veins with visible gold Pogo Analogue: Tibbs exhibits high-angle veining adjacent to newly discovered low-angle veins , both carrying high-grade Pogo-style gold mineralization confirmed by drilling All key elements of the [...]