Mapping-Prospecting Programs At Tibbs And Mt. Harper Projects

VANCOUVER - Tectonic Metals Inc. reported the completion of a comprehensive geological mapping and prospecting program at the Company's Tibbs Gold Project, with a specific focus on Doyon Limited Native owned lands in the southern extent of the property. The Company is also pleased to announce that a second mapping and prospecting program has commenced at the Mt. Harper Polymetallic Project, located 25 kilometers (km) east of Tibbs and comprised of 49,800 acres of underexplored Doyon lands, the first comprehensive mapping and prospecting programs on either project in over 20 years. The objective of the programs is to obtain geological control on the various styles of mineralization observed on the respective properties to date and advance select targets to the drill-ready stage.

Tibbs (Jorts and Jeans Prospects) – Tectonic completed a detailed mapping and prospecting program over the entirety of the southern half of Tibbs, on land acquired last year. Work was focused on both the Jorts Prospect ("Jorts") and Jeans Ridge Prospect ("Jeans") located in the southwest corner of Tibbs where Tectonic's mapping and prospecting work in 2020 identified sheeted quartz veins within granodiorite, which produced a rock grab sample from the Jorts prospect grading 27.9 g/t Au and containing visible gold. Similar mineralization was found 1.3 kilometers ("km") to the northeast at the Jeans Ridge prospect, with grab samples found adjacent to a northeast-trending topographical lineament returning values from trace to 2.5 g/t Au.

Both Jorts and Jeans are located on the same northeastern trend that hosts Northern Star Resources' (ASX: NST) Brink Prospect ("Brink"), which borders Tibbs and where drilling at Brink in 2013 returned a highlight intercept of 0.427g/t Au over 514.4m. The sheeted quartz vein mineralization at Tibbs received little to no historical work prior to Tectonic. Mapping work at the Jorts and Jeans targets focused on bringing the targets to drill-ready status by verifying and defining the known areas of mineralization and determining key structural controls.

The Company is also pleased to announce that a second mapping and prospecting program commenced at Mt. Harper, located 25km east of Tibbs. Mt. Harper is comprised of 49,800 acres of underexplored land, which hosts at least three styles of mineralization: copper-tungsten-silver ("Cu", "W", "Ag") skarn, stockwork gold-molybdenum ("Au", "Mo") quartz veining, and quartz vein breccia-hosted gold-silver-bismuth ("Bi"). While the property was historically explored for tungsten and possible base metal mineralization, limited sampling by Tectonic in 2020 identified previously unknown gold mineralization, including a sample of quartz vein breccia grading 1.26 g/t Au at the Section 21 prospect.