Tectonic Drills 59.4 G/T Au over 1.53 Metres at Seventymile GOLD Project, Alaska
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TECTONIC DRILLS 59.4 G/T AU OVER 1.53 METRES AT SEVENTYMILE GOLD
PROJECT, ALASKA
VANCOUVER, B.C., September 20, 2022 – Tectonic Metals Inc. (TECT: TSX -V; TETOF:
OTCQB; T15B: FSE) (the "Company" or "Tectonic") today announced drill assay results from the
2022 Reverse Circulation (“RC”) drill program at the Company’s Seventymile Gold Project
(“Seventymile”), an underexplored >40 kilometre (“km”) long late Paleozoic greenstone belt
located in eastern Alaska. Tectonic’s drill program was very focused and consisted of nine holes
over 1,412 metres (“m”) with all holes intersecting gold mineralization, including a drill highlight
hole of 59.4 grams per tonne (“g/t Au”) over 1.53m. RC drilling was conducted primarily at the
Flanders prospect, with wide -spaced drilling targeting analogous stratigraphic -structural
settings at the Alder, Bonanza and Flume prospects.
Tony Reda, Tectonic President & CEO, commented: “The results of the targeted 2022 RC drill
program validate Tectonic’s exploration rationale of targeting the high iron basalt in proximity to
structural contacts as the preferential site for gold mineralization along the >8km Flume trend,
host to four known mineralized zones all open along strike and at depth. This validation of our
exploration model will give us the ability to focus, refine and vector our exploration efforts more
efficiently going forward, both as we continue to expand the known mineralized zones and search
for additional mineralized centres in areas of cover along the Flume trend.”
Seventymile Drill Highlights
Prospect Drill Hole Length (m)** Au (g/t)
Flanders
SMRC22-001 4.57 1.81
6.10 1.50
SMRC22-002* 1.53 59.40
SMRC22-003 4.57 2.71
SMRC22-004 4.57 3.00
SMRB20-005 3.05 3.34
15.24 1.60
Alder SMRC22-007* 4.57 1.39
7.62 0.99
Flume SMRC22-009*
13.71 1.68
4.57 3.46
10.67 1.98
*Drill hole ended in mineralization
**Drill lengths are reported as downhole core lengths, true widths have not been determined
Seventymile Plan Maps may be found here. Cross Sections may be viewed here. For a complete
table of the 2022 Seventymile drill results please click here. For a table of reported drill holes
please click here.
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Seventymile Overview and Key Results
The Seventymile Gold Project represents an exciting and unique opportunity: an underexplored
>40 km long greenstone belt in a Tier 1 jurisdiction . Seventymile comprises approximately
150,000 acres of Native-Owned Land with numerous gold zones delineated by reconnaissance
drilling, trenching and soil and rock sampling.
Tectonic’s 2022 Seventymile drill program targeted mostly the Flanders prospect with one
reconnaissance drill hole each at the Alder, Bonanza and Flume prospects. The prospects are
all situated within the highly prospective 8km -long Flume orogenic gold trend located in the
northwestern region of the pro perty. The mineralized zones within the Flume Trend contain
mostly shallowly-dipping tension vein swarms where limited historical diamond drilling in 1990
and 2000 demonstrated the presence of high gold grades and significant strike potential.
Tectonic’s exploration campaigns over the years validated and proved the continuity of these
mineralized structures across the >8 km Flume Trend.
Flanders
Six 2022 drill holes tested an interpreted west -north-west striking, steeply north -dipping
structural contact over a strike length of 450m. All holes confirmed the contact zone and
encountered gold mineralization hosted in high iron (“Fe”) basalts proximal to the contact or
within interpreted tension veins in the high Fe basalt rock mass. High-tenor gold mineralization
at Flanders appears to be almost exclusively hosted within a high Fe basalt unit.
To date, 35 drill holes (4,3864m total) comprised mostly of historical diamond drilling followed
by limited Tectonic Rotary Air Blast (“RAB”) and RC drilling, have now been drilled at Flanders.
Historic and Tectonic drill highlights include: 104.75 g/t Au over 1.52m, 5.30 g/t Au over 15.24m,
16.58 g/t Au over 1.21m , 6.80 g/t Au over 2.14m , 10.26 g/t Au over 1.31m , 4.38 g/t Au over
6.1m and 59.4 g/t Au over 1.53m.
22 out of the 3 5 drill holes totalling 2,980m penetrated or intersected the high Fe basalt unit,
which hosts the vast majority of high-tenor intercepts, interpreted as steeply dipping shear zones
and shallow north dipping tension veins.
The high Fe basalt unit strikes west-north-west and appears to have a steep overall dip. To date,
gold mineralization has been drilled within the unit over a strike length of 560m and a maximum
depth of 250m vertically, with the majority of drilling being above 100m vertically. The high Fe
basalt and gold-bearing veins remain open for drill testing to depth, along strike to the east and
down plunge to the west.
Flume
To date, a total of 11 drill holes (956m total) comprised mostly of historical diamond drilling and
limited Tectonic RAB and RC drilling returned drill highlights of 4.05 g/t Au over 3.65m, 2.08 g/t
Au over 10.37m , 3.46 g/t Au m over 4.57m and 1.98 g/t Au over 10.67m outlining 275m
mineralization strike to a maximum depth of 100m.
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Located some 6 km west -north-west of Flanders , 2022 drill hole SMRC22-009 was drilled to a
depth of 94.9m before being lost due to excess water. The hole encountered multiple zones of
altered, veined high Fe basalt, which returned highlight intervals of 1.68 g/t Au over 13.71m
from 25.91, 3.46 g/t Au m over 4.57m from 76.20and 1.98 g/t Au over 10.67m from 83.82m.
Tectonic is encouraged by the results and is furthering its understanding of the controls of
mineralization by integrating over the next few months the new 2022 drill data with existing
geophysical, geological and geochemical datasets.
Qualified Person & QA/QC
Tectonic’s disclosure of a technical or scientific nature in this pre ss release has been reviewed,
verified and approved by Peter Kleespies, M.Sc., P.Geo., Tectonic’s Vice President Exploration,
who serves as a Qualified Person under the definition of National Instrument 43-101.
The analytical work for holes SMRC22 -001 and SMRC-003-009 was performed by ALS Canada
Ltd (“ALS”). All samples were submitted to the ALS ’s Fairbanks, Alaska facility and then
forwarded by ALS to its Vancouver facility where they were prepared using PREP-31 (crush, split,
and pulverize 250g to 200 mesh). Pulp samples then underwent analysis for gold by method Au-
AA23, a 30-gram Fire Assay fusion with an atomic absorption finish (AAS). Additionally, a 0.25g
pulp was analysed by four acid Inductively Coupled Plasma Mass Spectrometer (ICP-MS) for 48
elements using method ME-MS61
The analytical work for hole SMRC22-002 was performed by Bureau Veritas Laboratories (“BV”),.
All samples were submitted to BV’s Fairbanks, Alaska facility where they were prepared using
procedure PRP70-250 (crush, split, and pulverize 250g to 200 mesh). Pulp samples were then
sent to Vancouver, Canada, where they underwent analysis for gold by method FA430, a 30-
gram Fire Assay fusion with an atomic absorption finish (AAS). Samples returning >10 g/t Au
were re-analyzed using method FA530-Au, a 30g Fire Assay with gravimetric finish. Additionally,
a 0.25g pulp was analysed by four acid Inductively Coupled Plasma Emission Spectrometer (ICP-
ES) for 35 elements using method MA300.
Quality Assurance and Quality Control procedures include the insertion of coarse blanks and
certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples
are placed in sealed and security tagged bags and shipped directly to the AL S/BV preparation
facilities in Fairbanks, Alaska.
ALS Canada Ltd and Bureau Veritas Laboratories are internationally recognized and accredited
analytical services providers, which are independent of Tectonic.
On behalf of Tectonic Metals Inc.,
Tony Reda
President and Chief Executive Officer
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For further information about Tectonic Metals Inc. or this news release, please visit our website
at www.tectonicmetals.com or contact Tony Reda, President & CEO of Tectonic, or Bill Stormont,
Investor Relations, at toll-free 1.888.685.8558 or by email at [email protected].
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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.
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 a nd 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 conditi ons,
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
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industry events; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital
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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 e xpressly 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 r esults not to be as anticipated, estimated or intended. There can be no assurance that such
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