Two Drill Programs Targeting High-Grade Gold Mineralization On Alaskan Properties


VANCOUVER - Tectonic Metals Inc. announced the 2021 exploration plans, anchored by two oriented diamond drilling campaigns, on the  Tibbs Gold Project and Seventymile Gold Project in Alaska. Drilling is projected to commence mid-June at Tibbs, located less than 35 kilometers (km) from Northern Star Resources Ltd.'s high-grade Pogo Gold Mine in Alaska's Goodpaster Mining District.  Initial diamond drilling at Tibbs follows up on drill targets identified by the Company's 2019 and 2020 Rotary Air Blast (RAB) drill programs, including high-grade gold-bearing structures at the Michigan Zone which returned 6.71 grams per tonne gold (g/t Au) over 9.14m including 19.3 g/t Au over 3.05m, and at the Gray Lead Zone ("Gray Lead"), where historical drilling returned 19.14 g/t Au over 5.70m in a high-angle quartz vein carrying Pogo-style mineralization. On completion of drilling at Tibbs, Tectonic will execute its second diamond drilling program at Seventymile, a >40 km long, underexplored greenstone belt in eastern Alaska. Tectonic looks forward to building on the success of last summer's ~2,500m, 26-hole reconnaissance RAB program at Seventymile, which confirmed the presence of both shear-hosted and tension-vein hosted gold mineralization along an 8km trend. The two programs combined will consist of approximately 4,800m of oriented diamond drilling, a method never previously employed at either project.

Tony Reda, President & CEO, said, "It's time!  The old saying, "If you're not drilling, you're not finding gold" could not be more fitting right now for Tectonic.  Our recent capital raise brought in additional sophisticated shareholders to support us in our cause of discovering more gold this summer through the execution of diamond drill campaigns on two unique projects, Tibbs and Seventymile. To say that we are excited about this year's programs would be an understatement! From structural studies to reinterpreting geophysical surveys to relogging historical core to in-depth geochemistry, soil, rock, RAB chip and drill core analysis to 3D modeling, we have left no stone unturned to provide us with the best geological understanding of our drill targets.  We can assure you, our shareholders, that we are putting our best foot forward and will do everything in our power to ensure this year's programs are successful in creating value."