TECT.V · 2019-12-19 12:00:00

State of Alaska ("Alaska"), USA

Corporate Updates

Tectonic Metals Announces Northway Project

Drill Results

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN

THE

UNITED STATES

VANCOUVER

Dec. 19, 2019

/CNW/ -

Tectonic Metals Inc. (TECT: TSX-V)

(the "Company" or

"Tectonic") today announced Rotary Air Blast ("RAB") drill assay results from the Phase II 2019

exploration program on the Company's Northway Project located in the

State of Alaska

("Alaska"),

USA

. The 40 kilometre ("km") long Northway Project is bisected by the

Alaska

Highway on 184,000

acres of land leased from Doyon, Limited ("Doyon"), a top tier Alaska Native Regional Corporation

with more than 12.5 million acres of land in

Alaska

and over 20,000 shareholders. Doyon is the

largest private landholder in

Alaska

and one of the largest in

North America

. Tectonic and Doyon

formed a milestone partnership agreement in the summer of 2018 whereby Tectonic was granted

the exclusive right to explore for, develop and mine all minerals, ores and mineral products extracted

from the

Northway

property.

Tectonic's first pass, end-of-season drill program at the Northway Project intersected a new

bedrock molybdenum anomaly at Target 6 and multiple polymetallic Au-Cu-Mo-Pb-Zn bedrock

anomalies at Target 7. The drill program was designed to follow up on favourable 2019 Phase I

GeoProbe top-of-bedrock sampling results and obtain bedrock data to inform and guide Tectonic's

next steps at

Northway

in 2020. The 2019 RAB drill program consisted of 856 metres ("m") in eight

shallow RAB drill holes; all eight drill holes intersected anomalous gold. Drilling tested two previously

undrilled, >1km long soil geochemical anomalies including a copper-molybdenum-gold anomaly at

Target 6 and gold-copper anomaly at Target 7. Both targets also individually host large, >2km x 5km

magnetic anomalies with coincident Induced Polarization ("IP") chargeability anomalies.

Key Points

2019 Phase I exploration program consisted of 634 GeoProbe top of bedrock samples to test

the extent of the >1.2km x 1km copper-molybdenum-gold ("Cu-Mo-Au") soil anomaly at Target

6 and to provide context for the high-grade gold-copper ("Au-Cu) soil anomalies at Target 7.

Phase I top of bedrock sample results corroborated soil anomalies at both targets, yielding

values ranging from 3 to 497 ppm Cu and from 1 to 51 ppm Mo at Target 6, and from <0.005 to

1.72 g/t Au and 9 to 359 ppm Cu at Target 7.

A total of 277.37 metres drilled in two RAB holes at Target 6 yielded a molybdenum intersection

of 52 ppm over

86.87m

in hole NWYRB19-008. Anomalous molybdenum associated with

intensely clay altered intrusive rocks provides encouraging evidence for an intrusive-related

mineralizing system.

A total of 579.12 metres drilled in six RAB holes at Target 7 yielded multiple polymetallic Au-Ag-

Cu-Pb-Zn-Mo intersections, including 0.60 g/t Au over

10m

in hole NWRB19-005 with the hole

ending in mineralization. In addition, minor Au-As intervals were intersected in the southern

portion of the target.

All eight RAB drill holes intersected anomalous gold values. The RAB drill results at both Target

6 and 7 warrant additional exploration.

Northway

plan maps, sections and drill assay sheets associated with this news release can be

viewed by clicking the following link:

https://www.tectonicmetals.com/projects/northway/#geology

"The Northway Project is an excellent example of how industry, Alaska Native Regional

Corporations and local villages can collectively work together towards a common goal

," stated

Tony Reda

, President & CEO of Tectonic.

"The Northway Project holds a special place in our

hearts given the fantastic people within the community and the Doyon organization that we have

the privilege of working and interacting with. We want to thank them for allowing us the opportunity

to work with them and explore their lands. We will continue to interpret the results and the larger

regional picture over the coming months to determine the next steps for 2020."

Northway

Project – Geology and Exploration

In 2015, Doyon executed limited, wide-spaced soil grids over porphyry-style magnetic geophysical

features identifying Target 6 and Target 7 as coincident magnetic and soil Au, Cu, and Mo anomalies

requiring follow-up work. The targets are located 30 kilometres apart along a NW-SE axis, with

Target 6 being less than 1 km and Target 7 being 4 km off of the

Alaska

Highway. Target 6 is

located in the northwest of the property and consists of a 1.2-kilometre-long, NE-SW trending soil

Cu-Mo-Au anomaly with soil results ranging from 2 to 597 ppm copper and from <5 to 253 ppb gold.

Target 7, located in the southeast of the property, consists of an approximately 800-metre long

gold-arsenic ± molybdenum ± lead ± zinc soil anomaly with values ranging from <0.005 g/t to peak

values of 2.12 g/t and 1.82 g/t gold.

In 2019, Tectonic completed a two-phased exploration program to tie the soil geochemical

anomalies to bedrock at Target 6 and Target 7 with the goal of defining drill targets for later follow-

up. A total of 634 GeoProbe top of bedrock samples were collected to test the extent of the Cu-Mo-

Au anomaly at Target 6 and to provide context for the high-grade gold-in-soil anomalies at Target 7.

The second phase of exploration consisted of an 856-metre Rotary Air Blast (RAB) drill program

testing both prospects. Polymetallic mineralization was intersected in multiple holes at Target 7, with

a highlight result of 0.6 g/t Au over

10m

at the end of hole NWRB19-005, with associated anomalous

Ag, Pb, Zn, Cu, and Mo. Two RAB holes at the Target 6 prospect returned a best result of 52 ppm

Mo over

86.87m

drilled width within a large altered structure. Interpretation of the results is ongoing.

Northway Project – Drill Results

Table 1: Northway RAB drill highlights.

Prospect

Drill Hole

From

(m)

To (m)

Interval

(m) *

Au (g/t)

(ppm)

(g/t)

Target 7

NWRB19-001

4.57

6.10

1.52

0.332

230

12.19

13.72

1.52

0.326

116

<0.05

21.34

22.86

1.52

0.217

0.6

32.00

33.53

1.52

0.232

<0.05

38.10

39.62

1.52

0.273

116

117

1.1

NWRB19-002

74.68

76.20

1.52

0.236

157

8.7

NWRB19-003

25.91

27.43

1.52

0.221

267

235

114

12.5

47.24

48.77

1.52

0.209

0.8

NWRB19-004

53.34

54.86

1.52

0.588

<0.05

NWRB19-005

3.05

4.57

1.52

0.398

719

3.2

56.39

57.91

1.52

0.288

233

154

2.2

71.63

74.68

3.05

0.228

545

2.2

140.21

150.88

10.67

0.61

442

234

166

9.9

incl.

140.21

141.73

1.52

2.12

1104

1126

717

48.5

NWRB19-006

13.72

15.24

1.52

0.453

100

480

44.2

45.72

1.52

1.89

527

1082

776

64.01

65.53

1.52

0.081

137

285

9151

3453

39.2

74.68

76.2

1.52

0.068

106

1568

3595

6.8

Target 6

NWRB19-007

118.87

120.4

1.52

0.246

189

233

1.7

NWRB19-008

13.72

15.24

1.52

0.396

181

1.3

16.76

103.63

86.87

0.029

166

0.6

incl.

35.05

36.58

1.52

0.207

236

187

incl.

64.01

65.53

1.52

0.014

184

100

108

0.5

incl.

74.68

76.2

1.52

0.299

0.8

*True widths are not known at this time. All widths reported are drilled widths.

Additional notes: "NWRB19" drill hole prefixes equate to 2019 RAB drill holes. RAB drill holes are sampled on 5-foot drill rod lengths and converted to metric for input into the drill

database and assay table.

A complete table of drill results from all Tectonic 2019 drill holes at

Northway

as well as maps,

sections, and drill assay sheets associated with this news release can be viewed by clicking the

following link:

https://www.tectonicmetals.com/projects/northway/#geology

Additional information about the Northway Project, including historical information, can be found in

the "Amended and Restated NI 43-101 Technical Report, Northway Property, Tanacross District,

Alaska

United States of America

" with an effective date of October 31, 2019, prepared by

Carl

Schulze

, P.Geo., of Aurora Geosciences Ltd., and prepared in accordance with National Instrument

("NI") 43-101, which is filed on the Company's profile on SEDAR.

Table 2: Northway RAB drill hole azimuth, dip and collar coordinates.

Borehole ID

Easting (metre)

Northing (metre)

Elevation (metre)

Length (metre)

Azimuth

(degree)

Dip

(degree)

NWRB19-001

468595

6987733

894

92.96

360

NWRB19-002

468605

6987600

890

100.58

360

NWRB19-003

468331

6987709

919

79.25

360

NWRB19-004

468661

6988308

894

60.96

315

NWRB19-005

468671

6988587

882

150.88

315

NWRB19-006

469011

6988443

868

94.49

315

NWRB19-007

443806

7006624

775

173.74

135

NWRB19-008

444247

7006740

818

103.63

135

QA/QC

Tectonic's disclosure of a technical or scientific nature in this press release has been reviewed,

verified and approved by

Eric Buitenhuis

, M.Sc., P.Geo., Tectonic's Vice President Exploration, who

serves as a Qualified Person under the definition of NI 43-101. The analytical work for the 2019

Northway exploration program was performed by Bureau Veritas Laboratories ("BV"), an

internationally recognized and accredited analytical services provider, which is independent of

Tectonic. All GeoProbe and RAB samples were prepared using procedure PRP70-250 (crush, split,

and pulverize 250g to 200 mesh) at BV's

Fairbanks, Alaska

facility. Samples were then sent to

Reno, Nevada

, where they underwent analysis for gold by method FA430 (30-gram Fire Assay

fusion with an atomic absorption finish (AAS). Samples returning >10 g/t Au were re-analyzed using

method FA530-Au (30g Fire Assay with gravimetric finish). Following this, a 0.25g pulp was sent to

the

Vancouver, British Columbia

lab for four-acid Inductively Coupled Plasma Emission Spectrometer

(ICP-ES) analysis for 35 elements using method MA300.

Quality Assurance and Quality Control procedures include the systematic insertion of blanks and

standards into the sample string at a rate of approximately 1/10 (10%). For RAB drilling, field

duplicate samples are systematically collected at a rate of 3 duplicates per 100 samples. Samples

are placed in sealed bags and shipped directly to the Bureau Veritas Laboratories ("BV")

preparation facility in

Fairbanks, Alaska

Rotary Air Blast (RAB) Drill Methods

Tectonic employed a GroundTruth Americas Inc. track-mounted RAB drill rig with the capacity to drill

200m

depth. RAB bedrock chip samples were collected at fixed

1.52 m

(5ft) intervals down each

drill hole. The RAB drill delivers compressed air through the centre of 66.6 mm drill rods to activate

the drill bit, recovers powdered rock chips from the cutting face and returns sample along the

outside of the rods to a conventional cyclone. Each sample comprises a 5-foot run, and sample

recovery for each run was recorded. The sample is then tipped out of the pail into a 1:7 riffle splitter,

with material to be assayed entering a 12" x 18" 8 mil clear poly sample bag which is retained for

analysis, while reference sample chips are sieved from a spear sample of the non-split excess

material. Borehole diameter was typically 92 mm.

About Tectonic

Tectonic Metals Inc. is a mineral exploration company created and operated by an experienced and

well-respected technical and financial team with a track record of wealth creation for shareholders.

Key members of the Tectonic team were involved with Kaminak Gold Corporation, the company that

raised

C$165 million

to fund the acquisition, discovery and advancement of the Coffee Gold Project

in the

Yukon Territory

through to the completion of a bankable feasibility study before selling the

multi-million ounce gold project to Goldcorp Inc. (now Newmont Goldcorp) for

C$520 million

in 2016.

Tectonic is focused on the acquisition, exploration, discovery and development of mineral resources

from district-scale projects in politically stable jurisdictions that have the potential to host world-class

orebodies.

Tectonic believes that responsible mineral exploration and development can positively impact the

communities in which the company lives and operates and is committed to early and ongoing

community engagement, best practices in environmental stewardship and the development of a

strong safety culture. Whether at home or at work, the Tectonic team is grounded on the following

core values: passion, integrity, patience, focus, perseverance, honesty, fairness, accountability,

respect and a play big mindset. The company works for its shareholders and is committed to

creating value for them.

This news release does not constitute an offer to sell, solicitation or offer to buy nor shall there be

any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful, including any of the securities in

the United States of America

. The securities have not

been and will not be registered under the United States Securities Act of 1933, as amended (the

1933 Act

") or any state securities laws and may not be offered or sold within

the United States

to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act)

unless registered under the 1933 Act and applicable state securities laws, or an exemption from

such registration requirements is available

On behalf of Tectonic Metals Inc.,

Tony Reda

President and Chief Executive Officer

For further information about Tectonic Metals Inc. or this news release, please visit our website at

www.tectonicmetals.com

or contact Poya Ezadpana, Director of Investor Relations, directly at

604.283.3298 or by email at

[email protected]

LinkedIn:

https://www.linkedin.com/company/tectonic-metals

Facebook:

https://www.facebook.com/TectonicMetals/

Twitter:

https://twitter.com/TectonicMetals

Cautionary Note Regarding Forward-Looking Statements

Certain information in this news release constitutes forward-looking information and statements

under applicable securities law. Any statements that are contained in this news release that are not

statements of historical fact may be deemed to be forward-looking statements. Forward-looking

statements are often identified by terms such as "may", "should", "anticipate", "expect", "intend"

and similar expressions and include, but are not limited to, statements with respect to the potential

for mineralization at Tectonic's projects and results of any future exploration activities. Forward-

looking information is not a guarantee of future performance and is based upon a number of

estimates and assumptions of management at the date the statements are made including, among

others, assumptions about future prices of gold and other metal prices, currency exchange rates

and interest rates, favourable operating conditions, political stability, obtaining governmental and

other approvals and financing on time, obtaining required licenses and permits, labour stability,

stability in market conditions, availability of equipment, accuracy of any mineral resources,

successful resolution of disputes and anticipated costs and expenditures. Many assumptions are

based on factors and events that are not within the control of Tectonic, and there is no assurance

they will prove to be correct.

Although Tectonic considers these beliefs and assumptions to be reasonable based on information

currently available to it, they may prove to be incorrect, and the forward-looking statements in this

release are subject to numerous risks, uncertainties and other factors that may cause future results

to differ materially from those expressed or implied in such forward-looking statements. Forward-

looking statements necessarily involve known and unknown risks, including, without limitation: the

Company's ability to implement its business strategies; risks associated with mineral exploration

and production; risks associated with general economic conditions; adverse industry events;

marketing and transportation costs; loss of markets; volatility of commodity prices; inability to

access sufficient capital from internal and external sources, and/or inability to access sufficient

capital on favourable terms; industry and government regulation; changes in legislation, income

tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks.

Readers are further cautioned not to place undue reliance on forward-looking statements as there

can be no assurance that the plans, intentions or expectations upon which they are placed will

occur. Such information, although considered reasonable by management at the time of

preparation, may prove to be incorrect and actual results may differ materially from those

anticipated. Forward-looking statements contained in this news release are expressly qualified by

this cautionary statement. Although Tectonic has attempted to identify important factors that could

cause actual results to differ materially from those contained in forward-looking information, there

may be other factors that cause results not to be as anticipated, estimated or intended. There can

be no assurance that such information will prove to be accurate, as actual results and future events

could differ materially from those anticipated in such statements. Accordingly, readers should not

place undue reliance on forward-looking information. Tectonic does not undertake to update any

forward-looking information, except in accordance with applicable securities laws.

[Neither the TSX Venture Exchange nor it's Regulation Service Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.]

SOURCE

Tectonic Metals Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/December2019/19/c5277.html

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CO: Tectonic Metals Inc.

CNW 08:30e 19-DEC-19

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