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Tectonic Metals Inc. (TETOF) is a mineral exploration company focusing on the Flat Gold Project in Alaska, applying a disciplined strategy to de-risk projects. The recent acquisition of three potential intrusions north of the Flat Gold Project reveals immense opportunity. The Company is evaluating Chicken Mountain, a confirmed intrusion that shows significant gold potential, with gold intersections at or near the surface hinting at an open-pit, heap leach possibility. Tectonic is partnering with Doyon Limited, emphasizing community benefits and sustainability in their projects. The company's team has a track record of success in identifying and monetizing valuable gold discoveries across North America, creating value for shareholders and stakeholders.
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Tectonic Metals Inc. announced the results of the inaugural drill program in 2023 at Chicken Mountain, the Flat Gold Project's bulk-tonnage reduced intrusion target. The drill program identified a potentially higher-grade lode open for expansion, strengthening the case for a potential open-pit, multi-million ounce opportunity. The company plans to continue drill testing new areas at Chicken Mountain, as well as generate drill targets for all of the five other intrusion targets at Flat. Preliminary metallurgical analysis has demonstrated rapid leach kinetics and gold recoveries averaging 95% from bottle roll testing, suggesting Chicken Mountain could represent an open pit, heap leach opportunity.
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TectonicMetals Inc. (TSXV:TECT)(OTCQB:TETOF)(FSE:T15B) provided an end of season update and launched an exclusive site visit tour video of the Flat Gold Project with Tectonic CEO, Tony Reda, and Doyon, Ltd. CEO, Aaron Schutt. The 2023 drill program provided insights into the potential of the Flat Gold System, with upgraded infrastructure, multi-year camp establishment, successful drill mobilization, and significant diamond and RC drilling. The company hosted a site tour for members of Doyon Limited, investors, mining securities analysts, and the Board of Directions. Preliminary metallurgical analysis demonstrated rapid leach kinetics and gold recoveries averaging 95% from bottle roll testing, suggesting an open pit, heap leach opportunity.
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Tectonic Metals Inc. (TSXV:TECT)(OTCQB:TETOF)(FSE:T15B) announced the successful completion of the early exercise warrant incentive program, issuing 15,793,336 common shares and raising CA$1,579,334. The program saw an 80% participation rate, with Crescat Capital and Doyon, Ltd. as prominent shareholders. The company will have 330,700,925 total common shares outstanding post-program. Additionally, Tectonic is evaluating the Flat Gold System in partnership with Doyon Limited, featuring a network of interconnected geophysical anomalies and significant gold mineralization potential at Chicken Mountain.
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Tectonic Metals Inc. has acquired 7,680 acres north of its Flat Gold Project, securing the rights to three potential intrusions. These intrusions are believed to be the bedrock source of historic placer gold production in the area. The acquisition adds to the company's network of interconnected geophysical anomalies, known as 'The Flat Gold System.' Tectonic now has access to a large number of intrusion targets, reinforcing its belief that Flat is a Tier One Opportunity.
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Tectonic Metals Inc. announces Early Exercise Program to fund Flat Gold Project in Alaska and additional projects.
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Tectonic Metals announces Crescat becoming a control person and closing of related tranche
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Shareholders approved all matters at the Annual General and Special Meeting
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Tectonic Metals confirms drilling underway at Flat Gold Project. Diamond drilling to 400m depth to define structural characteristics of gold mineralization. Share consolidation resolution included in AGM.
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Tectonic Metals, a mineral exploration company, will hold a webcast to discuss the launch of its 2023 Drill Program and Crescat Capital's increased investment of up to $2 million. The company is assessing the Flat Gold Project in Alaska, which has a significant potential for gold mining.
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FAQ
What is the current stock price of TECTONIC METALS (TETOF)?
The current stock price of TECTONIC METALS (TETOF) is $0.0319 as of December 23, 2024.
What is the market cap of TECTONIC METALS (TETOF)?
The market cap of TECTONIC METALS (TETOF) is approximately 13.5M.
What is Tectonic Metals Inc. focused on?
Tectonic Metals Inc. is a mineral exploration company with a focus on the Flat Gold Project in Alaska.
What recent acquisition did Tectonic Metals Inc. make?
Tectonic Metals Inc. recently acquired three potential intrusions north of the Flat Gold Project.
What potential does Chicken Mountain hold for Tectonic Metals Inc.?
Chicken Mountain, a confirmed intrusion, shows significant gold potential with open-pit, heap leach possibilities.
Who is Tectonic Metals Inc. partnering with?
Tectonic Metals Inc. is partnering with Doyon Limited to emphasize community benefits and sustainability in their projects.
What is the track record of Tectonic Metals Inc.'s team?
Members of Tectonic Metals Inc.'s team have successfully identified and monetized valuable gold discoveries across North America.
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