Key facts
| Company | Tectonic Metals Inc. (TSXV: TECT) |
|---|---|
| Location | Alaska, USA |
| Stage | Early exploration |
News releases54 on file
Tectonic Metals Intersects 561 Gt Au Over 4115 M Including 1294 Gt Au Over 1372 M Within 286 Gt Au Over 9144 M Strengthening Evidence For A Second Gold System At The Flat Gold Project
Tectonic Metals reported assays from six reverse circulation drill holes at its Black Creek target within the Flat Gold Project in southwest Alaska. Hole CMR26-159 returned 2.86 g/t Au over 91.44 m, including 5.61 g/t Au over 41.15 m and 12.94 g/t Au over 13.72 m, and ended in mineralization 100 m south of the 2025 discovery hole.
Drill resultsTectonic Metals Drills 241 Gt Au Over 5944 Metres Including 1182 Gt Au Over 1067 Metres And 3996 Gt Au Over 305 Metres At Alpha Bowl Flat Gold Project Alaska
Drilling at the Chicken Mountain target on the 99,840-acre Flat Gold Project in southwest Alaska returned 2.41 g/t Au over 59.44 m, including 11.82 g/t Au over 10.67 m and 39.96 g/t Au over 3.05 m, within 1.86 g/t Au over 80.77 m from surface at Alpha Bowl (CMR26-170), and 1.52 g/t Au over 42.67 m, including 27.35 g/t Au over 1.52 m, at the Adit Zone. Results cover 19 holes (approximately 2,650 m)
Drill resultsTectonic Metals Drills 1.40 g/t Au Over 30.00 Metres, Including 4.58 g/t Au Over 4.50 Metres, Extending Higher-Grade Corridor to 300 Metres Vertical Depth at Chicken Mountain, Flat Gold Project, Alaska
First assay results from the 2026 drill program at Chicken Mountain, part of the 99,840-acre Flat Gold Project in southwest Alaska, cover 15 holes totalling 2,276 m. Hole CMD26-036 returned 1.40 g/t Au over 30.00 m from 183.00 m, including 4.58 g/t Au over 4.50 m, plus 0.51 g/t Au over 118.16 m from 270.00 m to the end of hole; step-out holes CMR26-141 and CMR26-142 extended the southern footprint
Drill resultsTectonic Metals Drills 5.09 g/t Au Over 21.34 Metres at Black Creek – Second Gold Centre Emerging at Flat Gold Project, Alaska
Drilling at the Black Creek target on the 99,840-acre Flat Gold Project in southwest Alaska returned 5.09 g/t Au over 21.34 m, including 17.34 g/t Au over 6.10 m, in RC hole CMR26-152; CMR26-153 returned 1.89 g/t Au over 57.91 m, including 2.75 g/t Au over 38.10 m; and diamond hole CMD26-041 returned 16.73 g/t Au over 2.20 m, including 29.91 g/t Au over 1.22 m. Both RC holes ended in mineralizatio
Drill resultsTectonic Metals Launches 40,000 Metre, Five-Rig Drill Program to Advance High-Grade Gold Discoveries and Deliver Maiden Resource at Flat Gold Project, Alaska
A 40,000 metre drill program (approximately 30,000 m diamond core and 10,000 m RC) using five rigs has begun at the Flat Gold Project in southwestern Alaska, funded from a roughly C$100M treasury following a C$92 million financing, and will run through late fall. Work targets expansion drilling at Chicken Mountain, a maiden NI 43-101 resource estimate there in Q1 2027, at least 5,000 m of regional
Drill resultsTectonic Raises Over C$92 Million; Completes Upsized Private Placement With Full Over-Allotment Exercised
An upsized private placement closed for aggregate gross proceeds of C$92,033,975, including full exercise of the agents' over-allotment option, through the issuance of 42,806,500 common shares at C$2.15 each. The brokered portion accounted for 37,340,361 shares and the non-brokered portion 5,466,139 shares; largest shareholder Crescat Portfolio Management bought 6,750,000 shares for C$14,512,500.
FinancingTectonic Metals Upsizes Financing To $80 Million
A previously announced brokered best efforts private placement has been upsized to up to 37,210,000 common shares at C$2.15 per share for gross proceeds of C$80 million, led by 3L Capital Inc. with BMO Capital Markets and SCP Resource Finance LP as co-lead agents. Agents hold an option for an additional 15% and will receive a 6.0% cash commission, reduced to 2.0% on certain president's list purcha
FinancingTectonic Metals Drills 272 Metres of 0.50 g/t Au and 277 Metres of 0.49 g/t Au; Confirms Bulk-Tonnage Potential at Heap-Leachable Chicken Mountain, Flat Gold Project, Alaska
Final assays from 16 holes (9 diamond core, 7 RC) totalling about 3,535 m of the 18,373 m 2025 program at Chicken Mountain, Flat Gold Project, Alaska, included 0.50 g/t Au over 272.00 m in CMD25-031 and 0.49 g/t Au over 277.55 m in CMD25-028. Drilling has defined a mineralized envelope of 3.3 km strike, up to 700 m wide, to 300 m vertical depth, with 191 of 191 holes intersecting gold. Drilling re
Drill resultsTectonic Metals Drills 4.50 g/t Au over 48.77 metres with 7.79 g/t Au over 24.38 metres at New Target, Flat Gold Project, Alaska
Drilling at the Black Creek Intrusion target, six kilometres north of Chicken Mountain on the 99,800-acre Flat Gold Project in Southwest Alaska, returned 4.50 g/t Au over 48.77 metres in hole CMR25-059, including 7.79 g/t Au over 24.38 metres and 15.19 g/t Au over 6.10 metres from surface. Results cover 20 exploration holes (3 diamond, 17 RC) at Black Creek, Jam, Golden Apex and Alpha Bowl, where
Drill resultsTectonic Metals Drills 994 Gt Au Over 3658 Meters Including 1573 Gt Au Over 2286 Metres With 10423 Gt Au Over 305 Meters At Chicken Mountain Flat Gold Project
Drilling at the Chicken Mountain target on the 99,800-acre Flat Gold Project in Southwest Alaska returned 9.94 g/t Au over 36.58 m in hole CMR25-084, including 15.73 g/t Au over 22.86 m and 104.23 g/t Au over 3.05 m, with the hole ending in mineralization at 54.86 m. Results cover 42 holes (4 diamond core, 38 RC) totalling about 3,950 m of the 18,373 m 2025 program. Assays from 34 additional holes
Drill resultsTectonic Metals Drilling Transforms Alpha Bowl from Discovery to Emerging Large-Scale Resource Growth Opportunity: 820 m × 600 m × 400 m Gold Footprint Defined
Assay results from 24 drill holes (9 diamond core, 15 RC; about 4,800 m) at the Alpha Bowl zone of the ~99,800-acre Flat Gold Project in Southwest Alaska returned grades up to 25.16 g/t Au, including 0.85 g/t Au over 74.00 m in hole CMD25-015. Drilling defines a mineralized footprint of roughly 820 m strike by 600 m width to at least 400 m depth and links Alpha Bowl to Chicken Mountain over more t
Drill resultsTectonic Metals Drills 4.05 g/t Au Over 30.48 Meters, Including 8.84 g/t Au Over 13.72 Metres at Flat Gold Project, Alaska
Drill hole CMR25-121 at the Adit Zone of Chicken Mountain returned 4.05 g/t gold over 30.48 metres from 53.34 metres, including 8.84 g/t over 13.72 metres and 38.10 g/t over 3.05 metres, at Tectonic Metals' ~99,800-acre Flat Gold Project in Southwest Alaska. The 11 holes reported (9 RC, 2 diamond core, about 1,460 m) form part of an 18,373 m, 125-hole 2025 program; CMR25-110 returned 0.44 g/t over
Drill resultsTectonic Metals to Host Second “Virtual Drill Core Shack” Webcast on December 3, 2025
A second Virtual Drill Core Shack webcast will be held on Wednesday, December 3, 2025 at 07:00 AM Pacific Time (10:00 AM Eastern), following an inaugural event on September 4, 2025. Tectonic's technical team will review drill core photographs and geological observations, including lithologies, alteration, veining styles and mineralogy, from the 2025 Phase 2 drill program at the Flat Gold Project i
CorporateTectonic Metals Intersects 1.46 g/t Au Over 26 Metres Within Broader Zone of 0.69 g/t Au Over 125 Metres in First 2025 Drill Hole at Chicken Mountain, Flat Gold Project, Alaska
Drilling at Chicken Mountain, part of the ~99,800-acre Flat Gold Project in southwestern Alaska, returned 1.46 g/t Au over 26.00 m within 0.91 g/t Au over 52.00 m, within 0.69 g/t Au over 124.97 m in hole CMD25-011, plus 1.10 g/t Au over 34.00 m in CMD25-014 and 1.08 g/t Au over 18.29 m in RC hole CMR25-050. Results cover 10 of 79 holes drilled there; the 2025 program totalled 18,373 m in 125 hole
Drill resultsTectonic Metals Delivers Record 18,372 Metres Across 125 Drill Holes at Flat Gold Project, Alaska
A two-phase 2025 drill program totalling 18,372 m in 125 holes has been completed at the Flat Gold Project in southwestern Alaska, with Phase One drilling 7,718 m in 48 holes and Phase Two 10,654 m in 77 holes across the Alpha Bowl, Chicken Mountain, Golden Apex, Black Creek and Jam targets. The company raised approximately $33.9M in 2025. All samples are at the labs, with assays expected through
Drill resultsTectonic Metals Announces Phase Two Drilling at Flat Gold Project, Alaska
Phase Two drilling at the Flat Gold Project in southwestern Alaska began August 15 and runs through late October 2025, using two diamond core rigs and one RC rig with a target of over 9,000 metres, bringing 2025 totals above 16,000 metres. Work focuses on delineation drilling across 1 km of strike at Chicken Mountain to support a maiden mineral resource estimate, plus step-out drilling at Alpha Bo
Drill resultsTectonic Metals Intersects 223 Gt Au Over 4115 Metres Including 400 Gt Au Over 21 Metres With 1325 Gt Au Over 457 Metres In First 2025 Rc Drill Hole At Flat Gold Project
Drill hole CMR25-035 at the Alpha Bowl target of the Flat Gold Project in southwestern Alaska returned 2.23 g/t gold over 41.15 m, including 4.00 g/t over 21.34 m and 13.25 g/t over 4.57 m, plus 0.58 g/t over 45.72 m near surface; the RC hole was drilled to 124.97 m, 250 m along strike and 200 m east of the 2024 discovery hole. It is the first assay from a 7,718 m, 48-hole Phase One program, with
Drill resultsTectonic Metals Announces Virtual Drill Core Shack and Completion of Phase One Drill Program at Flat Gold Project
Phase One drilling at the Flat Gold Project in southwestern Alaska is complete, totalling 7,718 metres across 48 diamond and RC holes at the Alpha Bowl, Chicken Mountain, Golden Apex, Black Creek and Jam targets, with assays pending. A 2,125 line-kilometre high-resolution drone airborne magnetic survey was also completed. Phase Two drilling has commenced and will advance Chicken Mountain toward a
CorporateTectonic Completes Upsized Private Placement Raising C$21.2 Million
An upsized private placement closed for gross proceeds of C$21,207,639 through the issuance of 22,323,831 common shares at C$0.95 per share, comprising a brokered offering led by 3L Capital Inc. with Canaccord Genuity Corp. and Research Capital Corporation, and a non-brokered portion. Largest shareholder Crescat Capital LLC, holder of about 20.98% of shares, bought 3,157,895 shares for $3,000,000.
FinancingTectonic Metals Upsizes Financing to up to $19 Million Due to Strong Investor Demand
A previously announced financing has been upsized to up to 20,000,000 common shares at C$0.95 each for gross proceeds of up to C$19 million, comprising a brokered offering led by 3L Capital Inc. with Canaccord Genuity and Research Capital, plus a non-brokered portion, with up to C$6,900,000 issued as LIFE shares and an agents' option for an additional 15%. Largest shareholder Crescat Capital LLC,
FinancingTectonic Metals Announces Financing of up To $13.5 Million to Accelerate and Expand Drilling Campaign at Flat Gold Project
An offering of up to 14,210,526 common shares at C$0.95 per share for gross proceeds of up to C$13,500,000 has been launched on a brokered and non-brokered basis, with 3L Capital as lead agent and a 20% agents' option. Largest shareholder Crescat Capital LLC, holding about 20.98%, will invest $2,000,000 for Hold Shares. Up to C$6,900,000 will be raised as LIFE Shares; closing is expected on or abo
FinancingTectonic Metals Welcomes Dr. Richard Goldfarb, Distinguished Geologist and Global Expert in Orogenic Gold Systems and Alaskan Geology to Technical Advisory Team
Dr. Richard Goldfarb has been appointed to Tectonic Metals' Technical Advisory Committee, bringing over 40 years of experience including 35 years with the U.S. Geological Survey, more than 250 peer-reviewed publications, and the 2023 SEG Penrose Gold Medal. He previously conducted resource assessment work at the Flat Gold Project in the 1980s and metallogenic studies at Donlin Gold. The appointmen
ManagementTectonic Metals Launches Largest Drill Program to Date With Three Drill Rigs at Flat Gold Project, Alaska
A three-rig 2025 Phase One drill program has begun at the Flat Gold Project in southwestern Alaska, with two rigs on site and a third en route, targeting the Alpha Bowl oxide discovery with diamond holes up to 300 metres plus reverse circulation drilling, PQ core for two-inch crush heap leach column tests, and step-out drilling at the untested Golden Apex intrusion target. Tectonic also granted 3,
Drill resultsTectonic Metals Closes $12.7 Million Financing – More Than 80% Oversubscribed – to Launch Multi-Rig Drill Program at Flat Gold Project
A non-brokered private placement closed for gross proceeds of C$12,736,300, against an initial C$7 million target, through the issue of 25,472,600 post-consolidation units, each comprising one common share and one warrant exercisable at C$0.75 until May 20, 2027; finders' fees totalled C$335,700 plus 671,400 finder's warrants. Crescat Capital and its principals contributed C$3.5 million. Proceeds
FinancingTectonic Metals Secures Over $5 Million in Strategic Funding Led by Crescat Capital; Launches $7 Million Financing to Fund 2025 Drilling
A non-brokered private placement of up to 140,000,000 units at C$0.05 per unit for gross proceeds of up to C$7,000,000 has been launched, with over C$5,000,000 already secured from strategic funds including a C$2,000,000 cornerstone investment from Crescat Capital. Each unit includes one warrant exercisable at C$0.075 for two years; closing is expected on or about May 16, 2025. Proceeds will fund
FinancingTectonic Metals Drills New Gold Discovery 655 Metres Of 12 Gt Au Including 61 Metres Of 60 Gt Au With 15 Metres Of 217 Gt Au Drilled Mineralized Strike Now 3Kms And Still Open
Drilling at the Alpha Bowl target on the Flat Gold Project in Alaska returned 65.53 metres of 1.22 g/t Au from surface in hole CMR24-026, including 18.29 metres of 2.22 g/t Au, 6.10 metres of 6.01 g/t Au and 1.52 metres of 21.72 g/t Au. A second 500g split of the same hole graded 65.53 metres of 2.13 g/t Au, including 1.52 metres of 67.18 g/t Au. All five Alpha Bowl holes intersected gold, extendi
Drill resultsTectonic Metals Surpasses C$5M In Capital Raised With Oversubscribed Private Placement To Advance Flat Gold Project
The second tranche of an extended non-brokered private placement has closed, with 28,195,200 units issued on November 1, 2024 at C$0.06 per unit for gross proceeds of C$1,691,712; each unit includes one common share and one-half warrant exercisable at C$0.10 for two years. Combined with the first tranche and the initial offering announced July 15, 2024, cumulative gross proceeds total C$5,349,171,
FinancingTectonic Metals Closes First Tranche Of Extended Private Placement Offering
The first tranche of an extended C$1.0 million non-brokered private placement closed on October 3, 2024, with 9,780,334 units issued at C$0.06 per unit for gross proceeds of C$586,820, bringing total proceeds including the original offering to C$3,657,459. Each unit includes one common share and one-half warrant exercisable at C$0.10 for two years; finders received C$27,720 in cash fees and 462,00
FinancingTectonic Metals Achieves 96% Gold Recovery From First-Ever Heap Leach Column Tests on a Mix of Oxidized and Non-Oxidized Fresh Mineralized Rock From Flat Gold Project
First heap leach column tests at the Flat Gold Project in Alaska returned gold recoveries of 95.7% and 90.9% over 70 days from two composites crushed to 100% passing ¾ inch, with calculated head grades of 1.15 g/t and 0.99 g/t Au and cyanide consumption of 0.87 kg/t and 0.80 kg/t. Over 80% recovery was reached within 29 days for the higher-grade composite and 36 days for the lower-grade composite;
Study resultsTectonic Metals Launches 2024 Drilling Program at the Flat Gold Project, Alaska
Drilling has begun on the 2024 program at the 99,000-acre Flat Gold Project in southwestern Alaska, the company's second year of drilling at the intrusion-hosted system. Reverse circulation drilling will follow up higher-grade corridors identified in 2023 at Chicken Mountain and the Adit-Happy Structure, and will test the previously undrilled Alpha Bowl and Golden Apex targets for the first time.
Drill resultsTectonic Metals Assaying Uncovers New Mineralized Zones & Validates Reduced Intrusion-Related Gold System At Golden Apex, Flat Gold Project
Assay results from four historical 2003 core holes at the Flat Gold Project, Alaska, totalling 1,043.5 metres with 720 metres newly assayed by Tectonic, identified new gold zones and validated a Reduced Intrusion-Related Gold System at the Golden Apex target. Golden Apex hole GA03-02 returned 12.34 m at 1.08 g/t Au and 22.86 m at 1.00 g/t Au. At Chicken Mountain, CM03-25 returned 263.65 m at 0.40
Drill resultsTectonic Metals Set to Commence Drilling After Successfully Closing Oversubscribed $3 Million Private Placement; Extends Offering by $1 Million
A non-brokered private placement closed for gross proceeds of C$3,070,639 through the issue of 51,177,317 units at C$0.06 per unit, each unit comprising one share and half a warrant exercisable at C$0.10 for two years; finders received C$100,166.35 in cash and 1,669,439 warrants. The offering is being extended for up to 16,666,667 additional units for up to C$1,000,000, closing on or about Septemb
FinancingCrescat Capital Leads Tectonic Metals $3 Million Private Placement Including Life Offering to Fund the 2024 Drill Program
A non-brokered private placement of up to 50,000,000 units at C$0.06 per unit for gross proceeds of up to C$3,000,000 is being led by strategic shareholder Crescat Capital, with up to 41,666,667 units (C$2,500,000) issued under the listed issuer financing exemption and 8,333,333 units (C$500,000) under accredited investor exemptions. Each unit includes one share and one-half warrant exercisable at
FinancingTectonic Initiates Heap Leach Metallurgical Testing On Flat Gold Project
A multi-phase metallurgical column test program has been launched at the Chicken Mountain bulk-tonnage intrusion target, one of six district-scale intrusion targets within the 99,840 acre Flat Gold Project in southwestern Alaska, to test low-cost heap leaching. Phase one uses two composites from historic ½ NQ diamond core: a lower-grade composite of 25 intervals from six holes (91.70 kg) and a hig
Study resultsTectonic Metals Inaugural 2023 Drilling Intersects Gold Mineralizaiton In Every Drill Hole Extending Mineralization 1.8 Km Along Strike And To A Vertical Depth Of 300 M At Flat Gold Project
All 19 holes from the inaugural 2023 drill program at the Chicken Mountain target on the Flat Gold Project in Alaska intersected gold mineralization, with 12 ending in mineralization, totalling 2,633 m across 1.6 km of strike to a maximum 300 m vertical depth. Results include 423.15 m at 0.41 g/t Au over the entire hole CMD23-001, including 37.32 m at 1.02 g/t Au, and 344.61 m at 0.36 g/t Au in CM
Drill resultsTectonic Metals Provides End of Season Update and Site Visit Tour Video For the Flat Gold Project
The first drill program at the Flat Gold Project in Alaska has been completed, with 19 holes totalling 2,633 metres at Chicken Mountain, comprising 915 metres of oriented diamond drilling in 3 holes to a maximum depth of 428.5 metres and 1,718 metres of reverse circulation drilling in 16 holes. Samples were submitted to ALS Global, with assay results expected in Q1 2024. Work also included a 4,100
CorporateTectonic Metals Acquires Three Additional Potential Intrusions On-Trend with the Flat Gold Project
7,680 acres (48 x 160-acre state claims) have been added immediately north of and contiguous with the 92,160-acre Flat Gold Project in Alaska, comprising 2,720 acres leased from a third party and 4,960 acres staked by Tectonic. The ground covers three geophysical anomalies interpreted as potential intrusions along a 20km trend. Lease terms include US$25,000 on execution, US$25,000 annually for yea
AcquisitionTectonic Metals Announces Early Exercise Warrant Incentive Program To Boost Funding For Flat Gold Project And On-Trend New Project Opportunities
An early exercise warrant incentive program will run from 12:00 a.m. PST October 10, 2023 to 12:00 p.m. PST November 8, 2023, offering holders of 16,092,835 warrants issued May 30, 2022 and 3,591,670 issued July 8, 2022, each exercisable at $0.10, one incentive warrant per warrant exercised, priced at $0.13 for two years. Proceeds will advance the Flat Gold Project in Alaska, select new project op
FinancingTectonic Metals Announces Crescat Becoming a Control Person and Closing of Related Tranche
A final tranche of the previously announced private placement closed for gross proceeds of $560,000, comprising 5,090,909 units at $0.11, each unit holding one common share and one-half warrant exercisable at $0.15 for 24 months. The unbrokered tranche was taken up by Crescat Capital LLC, which received disinterested shareholder approval on September 21, 2023 and TSXV approval to become a Control
FinancingTectonic Metals Announces Drilling on the Flat Gold Project and Provides Corporate Update
Diamond drilling has commenced at the Flat Gold Project in Alaska, which Tectonic is assessing in partnership with Doyon Limited, with oriented drilling to 400 metres of depth planned to define structural characteristics of gold mineralization at Chicken Mountain and test whether mineralization intensifies at depth. A resolution included in the September 21, 2023 special and annual general meeting
Drill results