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Tectonic Metals

TSXV:TECTLive AI agent

Tectonic Metals is a mineral exploration company led by an experienced technical and financial team with a proven track record of creating shareholder value.

Investor website: https://www.tectonicmetals.com/

About

Tectonic Metals is a mineral exploration company led by an experienced technical and financial team with a proven track record of creating shareholder value. Key members of the team were instrumental in the success of Kaminak Gold, which raised C$165 million, discovered and advanced the multimillion-ounce Coffee Gold Project in the Yukon, and was ultimately acquired by Goldcorp for C$520 million in 2016. Tectonic is focused on discovering and advancing district-scale gold projects in stable, mining-friendly jurisdictions with the potential to host major gold deposits. The Company is committed to creating long-term value for shareholders through disciplined exploration, technical excellence, and responsible stewardship. Tectonic's culture is built on integrity, accountability, perseverance, respect, and a mindset of thinking big.

Verified company data

Cash position
$95 million
Shares outstanding
134,264,337
Fully diluted shares
171,926,626
Projects
["### Flat\n\nFlat represents a rare opportunity: a large scale, intrusion-hosted gold system with mineralization beginning at surface in close proximity to a world-class gold deposit, within the 3rd largest placer mining district in Alaska.\n\n[Get the full story](https://www.tectonicmetals.com/projects/flat/)","### Tibbs\n\nThe Tibbs Project hosts three new Tectonic drill discoveries in the Goodpaster District and is 35 kilometres east of the Pogo Mine.\n\n[Get the full story](https://www.tectonicmetals.com/projects/tibbs/)\n\n### Opportunity\n\n01.\nThe Tibbs Gold Project hosts three new Tectonic drill discoveries in the Goodpaster Mining District. The Project is located 35 kilometres east of the world-class Pogo Mine, owned and operated by Northern Star Resources Ltd., with robust infrastructure, power and an active mill.\n\n02.\nThe recent acquisition of the Carrie Creek property from Doyon Limited increases the Tibbs Gold Project by 15,800 acres while extending the district-scale opportunity for Tectonic. This acquisition also represents a strengthening of our already close partnership with Doyon.\n\n03.\nThe Tibbs Gold Project boasts high-grade gold mineralization at surface, in trenches and in drilling, including a RAB drill intercept of 6.03 g/t Au over 28.95m at the Michigan prospect. Three distinct styles of gold mineralization are now observed at Tibbs: 1) Pogo-style high-grade gold-quartz veining; 2) Intrusion-hosted disseminated sulphides and stockwork gold-quartz-stibnite-arsenopyrite veining; and 3) Fort Knox-style intrusion-hosted sheeted gold-quartz-bismuthenite veins.\n\n04.\nIn 2020, Tectonic completed 3,202m of RAB drilling in 27 holes at Tibbs and conducted an IP survey to end the exploration season. Encouraging assay results have been released from the Michigan, Lower Trench and Wolverine Zones at Tibbs.\n\n### Summary\n\nThe Tibbs project is located in the Goodpaster Mining District approximately 175 kilometres southeast of Fairbanks, Alaska, and 35 kilometres east of the Pogo Mine. The project is accessible via helicopter and historic winter trails and hosts an unimproved airstrip in the Tibbs Creek drainage. The property is comprised of 169 State of Alaska mining claims covering 13,480 acres, with at least 17 known target areas and historic lode Au production in three locations. The addition of Carrie Creek, Native Owned Land belonging to Doyon, Limited, in August 2020 adds a further 15,800 acres to Tibbs.\n\nGold mineralization at the property is hosted in both intrusive and metamorphic rocks of the Yukon Tanana Terrane (YTT) and appears to be controlled by the district-scale Black Mountain Tectonic Zone, a northeast trending structural corridor. Gold occurs in both high-angle quartz-arsenopyrite lode veins similar to the North Zone veins at the Pogo Mine and sheeted to stockwork quartz-sulphide veins hosted within sericite-altered granodiorite. The Tibbs property offers high-grade gold mineralization at surface, in trenches, and in drill core, all in proximity to existing infrastructure and an active mill.\n\nTectonic’s exploration work in 2017 and 2018 consisted of power auger soil sampling, a property-wide DIGHEM geophysical survey, and CanDig heli-portable excavator trenching to test for bedrock mineralization and define high-grade drill targets for follow up.\n\nIn 2019, Tectonic completed a 2,184 metre Rotary Air Blast (RAB) drilling campaign at Tibbs, testing 9 priority targets including those generated during the previous exploration seasons. In 2020, Tectonic completed 3,202 metres (“m”) of RAB drilling in 27 holes at its Tibbs Gold Project (“Tibbs”) over a three-week period beginning in mid-July. Drilling was focused on stepping out from a 2019 RAB intercept of 6.03 grams per tonne gold (“g/t Au”) over 28.95m at the Michigan zone as well as testing similar northeast-trending structural corridors at the Lower Trench and Wolverine targets. Please see complete tables of drill results from all Tectonic 2019 and 2020 drill holes at Tibbs including maps, sections, and drill assay sheets [here](https://www.tectonicmetals.com/projects/tibbs/#geology).\n\n**About the Carrie Creek Property**\n\nThe Carrie Creek property is contiguous to the north and south of Tectonic’s Tibbs project and covers the heart of the Black Mountain Tectonic Zone, a regional-scale, northeast-trending structure which controls mineralization at the Tibbs Project to the north and Northern Star’s Brink prospect to the southwest. The property is comprised of two blocks of Doyon lands (Native Owned Land) covering 15,800 acres.\n\nAt Carrie Creek, Cretaceous-aged intrusives and gneissic and schistose country rocks are cut by multiple high-angle fault structures or shear zones which appear to control gold mineralization at the property. From west to east, the structures are the Gunsight, Missing Lynx, Black Mountain, and Raincoat Ridge Shear Zones. All four shear structures trend north-northeast. At least three styles of quartz veining with associated gold mineralization are observed: sheeted quartz veins and veinlets with associated pyrrhotite, scheelite, molybdenite, and bismuth minerals, thicker quartz-pyrite-arsenopyrite-bismuthenite veins, and stockwork quartz-pyrite-arsenopyrite-stibnite veins associated with strong sericite alteration of the wall rock. The three vein styles are analogous to the Brink and the Fort Knox gold deposits, and the Gray Lead prospect at Tibbs and North Zone veins at Pogo, and the Michigan Zone at Tibbs respectively.\n\nThe previous operator completed property-wide shovel soil and rock sampling, CSAMT geophysical surveys, and 3,000 meters of diamond drilling over 13 holes as part of a reconnaissance program during the “Pogo rush” of the late 1990’s. The limited drilling identified multiple zones for follow up but did not test many high-priority targets. The property has seen no additional exploration work over the past 20 years.\n\n**About the Mt. Harper Property**\n\nThe Mt. Harper property is located 25km southeast of the Tibbs and Carrie Creek properties, adjacent to the Mt. Harper lineament, a regional-scale northeast trending structural domain. The property comprises approximately 49,800 acres of Doyon lands (Native Owned Land) and has only seen minimal historic exploration.\n\nThe Mt. Harper property is hosted by Cretaceous aged quartz monzonite and granodiorite which intruded into Paleozoic gneissic and schistose rocks. The Mt. Harper intrusive complex hosts numerous styles of mineralization including high-grade molybdenum-bearing quartz veins and tungsten-rich skarns. The 19km by 11km property also hosts porphyry molybdenum-copper targets as well as structurally controlled silver-lead-zinc mineralization. Though historic exploration in the early 1980’s and the late 1990’s focused on the skarn mineralization, prospecting to follow up on stream sediment anomalies located rock samples of quartz-sericite-pyrite altered granodiorite containing up to 0.770 g/t Au.\n\nSix main target areas are known from historical work at the property: Larsen Ridge/Lucky 13, Airplane Ridge, Quartz Porphyry, Good South, Section 21, and Watterson Ridge. A limited diamond drilling program consisting of 4 holes for 490 meters was attempted in 1981 at Larsen Ridge/ Lucky 13. The program was exclusively focused on testing skarn mineralization and was cut short due to poor weather late in the season, failing to adequately test any target. No follow up work was completed at the property.\n\nSubsequent mapping and prospecting conducted at the Lucky 13 and Section 21 prospects during summer 2020 at Mt. Harper confirmed the presence of at least three styles of mineralization: copper-tungsten-silver skarn, stockwork gold-molybdenum, and breccia-hosted gold-silver-bismuth. At the Lucky 13 prospect, a historical skarn target, this year’s prospecting returned values of **trace to 2.45 g/t Au** and 936 parts per million Mo within stockwork quartz veins hosted by quartz monzonite. At Section 21, Tectonic collected a rock grab sample of quartz vein breccia containing **1.26 g/t Au** with associated Ag (>100 ppm), Bi (>2,000 ppm), and elevated lead (774 ppm), zinc (110 ppm) and antimony (83 ppm).\n\n### Location\n\nThe Tibbs project is located in the Goodpaster Mining District approximately 175 kilometres southeast of Fairbanks, Alaska, 80 kilometres northeast of the town of Delta Junction, and 35 kilometres east of the Pogo Mine. Delta Junction is a well-serviced town located 150 kilometres southwest of Fairbanks on the Alaska Highway.\n\nThe property is accessible via helicopter and historic winter trails which access the project via the Tibbs Creek drainage in the west, and the Summit Creek drainage in the east. The nearest road access to the project is the terminus of the Pogo gold mine access road, approximately 35 kilometres west-northwest of the project. An unimproved airstrip in the Tibbs Creek drainage offers limited access to the western portion of the claim block. Elevations on the property range from ~1,200 metres in valley bottoms to 1,550 metres at Black Mountain in the southeastern area of the project.\n\n### Geological Summary\n\nThe Tibbs property is located within the Yukon-Tanana terrane (YTT), an allochthonous accreted terrane comprised mainly of Proterozoic to Triassic metaigneous and metasedimentary assemblages extending from east-central Alaska to south-central Yukon. The YTT is bounded to the north by the Tintina Fault Zone and to the south by the Denali Fault; both show a lateral displacement of roughly 400 km. Conjugate to these are a series of northeast-trending faults, including the Shaw Creek fault directly west of the Pogo deposit, and the Black Mountain Tectonic Zone which extends through the Tibbs property area. District-scale northwest-trending sympathetic faults, including the Pogo trend, occur between the Tintina and Denali faults. The YTT east of the Black Mountain fault has undergone intrusion by Cretaceous to Tertiary plutonic rocks, including the Black Mountain intrusion.\n\nThe Black Mountain tectonic zone is centered along the western boundary of the mid-Cretaceous Black Mountain intrusion, in contact with Devonian biotite gneiss and augen gneiss to the west. In the property area, the Black Mountain tectonic zone occurs as a series of northeast to north-northeast trending normal and left-lateral high-angle strike-slip faults. The Black Mountain intrusion is comprised of biotite granodiorite with lesser andesite porphyry. A late biotite-hornblende diorite dyke crosscuts all units, and marks much of the west margin of the intrusion.\n\nThree styles of gold mineralization have been observed at the project: Pogo-style Au+Bi±As±Te±W in quartz veins at the Gray Lead and Hilltop/Oscar prospects, and Au+As+Sb in quartz veins and wall rock disseminations at the Michigan, Blue Lead, Grizzly Bear, Upper/Lower Trench, O’Reely, and Wolverine prospects. Several of these prospects host both styles of mineralization in the same structure suggesting multi-phase mineralization took place. At the Gray Lead prospect a quartz-arsenopyrite ± pyrite ± bismuthinite ± jamesonite vein attaining widths of up to 4 metres was formed at temperatures from 260 – 455 °C, and pressures of not less than 1,700 bar. The vein appears to extend roughly along the western contact of the Black Mountain intrusion at the Gray Lead prospect. In the east of the project, quartz-stibnite-arsenopyrite veins and stockworks are found within sericitized granodiorite, notably at the > 1 km long, northeast trending corridor which defines the Michigan prospect. Both styles of mineralization are believed to represent a single intrusion-related gold system, with a deeper, higher-pressure setting for Gray Lead-style mineralization, and a higher-level, lower pressure, outboard setting for mineralization at Michigan. Prospecting activity during the summer of 2020 identified a third style of mineralization at Tibbs in the form of Fort Knox-style intrusion-hosted sheeted gold-quartz-bismuthenite veins at the Jorts and Hilltop prospects."]
Leadership
Tony Reda Founder, President, CEO & Director Tony takes a vision and makes it a reality through hard work, tenacity, perseverance, and sound strategy development. His passion, enthusiasm, and drive are infectious and motivating, and he empowers the people around him. As Founder, President, CEO and Director of Tectonic Metals Inc., Tony is all in, working solely to create value for the company’s shareholders and stakeholders. His loyalty and commitment to his work are undeniable, as demonstrated by the fact that he was the longest-serving employee of Kaminak Gold Corporation from inception in 2005 to the sale of the company, including the Coffee Gold Project, in 2016 to Goldcorp Inc. (now Newmont Goldcorp) for $520 million. Tony served as Vice President, Corporate Development for Kaminak executing the company's strategic planning, financing, business development and marketing while overseeing the public relations and investor communications of the company. Tony was pivotal in orchestrating capital raises totalling over $165 million to primarily fund the acquisition and advancement of the Coffee Gold Project in the Yukon Territory from grassroots discovery through to the completion of a bankable feasibility study. He was also involved in monetizing Kaminak’s other projects by forming strategic alliances, joint venture agreements and creating public and private companies resulting in over $35 million being spent by third parties directly on Kaminak’s projects. During his tenure with Kaminak, the company was ranked 8th best-performing mining company from a peer group of some 1,200 mining companies, was listed as a 2015 TSX Venture 50 Company and was one of four companies selected out of 1,971 companies listed on the TSX Venture Exchange as Best IR by IR Magazine in 2015. Tony personifies Tectonic’s belief that responsible mineral exploration and development can positively impact the communities in which the company lives and operates and its commitment to early and ongoing community engagement, best practices in environmental stewardship and the development of a strong safety culture. Eduard Epshtein CFO & Corporate Secretary Eduard joined the Company as Chief Financial Officer and Corporate Secretary on October 1, 2026 . He is a seasoned mining executive with significant financial and leadership experience with public companies. Eduard helped to build and grow Lithium Americas Corp., where he served as CFO from its formation in 2007 through 2023. He helped Lithium Americas complete IPO on TSXV and grow the company from an exploration start-up with a handful of employees to a major lithium producer with NYSE listing and market capitalization reaching US$4.7 billion. During this time, Lithium Americas concluded a number of corporate transactions including merger, acquisitions, joint ventures, financings, completed construction and started production at Cauchari-Olaroz project in Argentina with project capital of approximately US$1 billion. The company also entered into joint venture agreement with General Motors and started construction of the Thacker Pass project in Nevada with project capital of approximately US$3 billion. Following his early retirement from Lithium Americas, Eduard worked as consultant to Lithium Americas and Lithium Argentina to assist with separation of Lithium Americas into two independent public companies and the listing of Lithium Argentina on NYSE. Keren R. Yun Vice President, Investor Relations Keren Yun is a strategic communications leader with more than 20 years of experience shaping corporate reputation, strengthening stakeholder relationships, and communicating technical and business stories with clarity and purpose. Her career spans the global mining industry, working with exploration, development and producing companies. Prior to joining Tectonic, Keren led the corporate communications efforts for Wyloo’s Eagle’s Nest Project in Ontario’s Ring of Fire, one of Canada’s most significant regions for critical minerals development, shaping narratives around responsible development and Indigenous partnerships. Keren has held senior investor relations and communications roles, building trusted relationships with investors, analysts, media and stakeholders while delivering clear, compelling corporate messaging. She brings a deep understanding of capital markets, strategic storytelling and the role communications plays in advancing business objectives. Maggie Layman Vice President, Exploration Ms. Maggie Layman is a registered Professional Geoscientist (P.Geo.) with over 20 years of experience in mineral exploration and advanced-stage project development across North America. Prior to joining Tectonic, she served as Manager, Exploration for Canada and USA at Teck Resources Limited, where she led greenfields and brownfields exploration programs across a diverse portfolio of projects. She previously held the role of Vice President, Exploration at Osisko Development Corp., where she led the Cariboo Gold Project from exploration through to feasibility, overseeing more than 700,000 metres of drilling while maintaining a strong safety record. Her contributions earned her the AME Spud Huestis Award (2022) and the Young Mining Professionals Eira Thomas Award (2021). Earlier in her career, she held technical and leadership roles at both major and junior companies including Vale – Inco and Independence Gold Corp. She currently serves as a member of the AME Board of Directors. Peter Kleespies Chief Geological Officer Peter has over 30 years of technical and management experience in mineral exploration covering North and South America, Australia, and Africa. Prior to his appointment at VP Ex, Peter was an integral part of Tectonic’s technical team, focused on the exploration and interpretation of the Company’s Alaska properties. Peter’s corporate industry experience includes roles as Vice President - Exploration for North Country Gold Corp. and Niblack Mineral Development Inc., Director and President for Altiplano Minerals Ltd., Director for both Cedar Mountain Exploration Inc and Brilliant Resources Inc. Peter has extensive experience exploring for and delineating orogenic gold deposits, particularly in northern climates having managed large exploration programs in the Canadian arctic across the Committee Bay greenstone belt and at Hope Bay greenstone belt for Miramar Mining Corp, where the 8.5-million-ounce gold deposit was sold to Newmont for $1.5 billion in 2007. Peter holds MSc and BSc (Hons) degrees in geology from the University of Alberta. Board of Directors: Eira Thomas Founder & Chair of the Board Eira brings more than 25 years of experience in the mining industry, including 14 years with Aber Diamond Corporation (now Dominion Diamond), where she served in ever-increasing roles from initial discovery as a geologist to Vice President of Exploration and ultimately a Director of the Board. She was co-founder of Stornoway Diamond Corp., serving first as CEO and then as Executive Chairman. There, she led the acquisition of the Renard diamond deposit, which subsequently became Quebec's first diamond mine. In 2007 she founded Lucara with partners Lukas Lundin and Ms. Catherine McLeod Seltzer. Eira served as CEO of Kaminak Gold Corporation, which was acquired by Goldcorp in 2016 for $520 Million. Eira also served as President, CEO and Director of Lucara Diamond Corp. from 2018-2023 and as Director of Suncor Energy. Dr. John P. Armstrong, Ph.D., P Geol. Director Dr. Armstrong has over 30 years of combined experience in mining, mineral exploration, and government. Dr. Armstrong was with Lucara Diamond Corp. for more than 10 years, where he was the Vice President of Mineral Resources and then, in 2018, the Vice President of Technical Services. He was directly involved in implementing innovative and transformative diamond recovery techniques and was responsible for modelling the unique diamond size distribution of the Karowe Diamond Mine. Dr. Armstrong led the Lucara team through study phases and, ultimately, the start of underground mining in progressing the Karowe underground expansion project. Dr. Armstrong has been involved in the planning and executing successful diamond exploration and sampling programs ranging from generative to delineation and valuation. Dr. Armstrong spent his early career working on gold projects and mines in Yellowknife, Red Lake, and the Hope Bay Greenstone Belt. He was also the District Geologist and Diamond Geologist for Indigenous and Northern Affairs Canada (INAC) between 1998 and 2004. Dr. Armstrong was the Hutchison Visiting Chair for Mineral Deposits at the University of Western Ontario from 2008 to 2010 where he served as a visiting professor, educating and mentoring the next generation of geologists-some of which have since become notable executives in the exploration industry. Dr. Armstrong received an undergraduate degree and his Ph.D. in Geology from the University of Western Ontario, where his Ph.D. focused on the silicate and sulphide mineral chemistry of free-milling and refractory gold ores of the Con Mine, Yellowknife. Joseph J. Perkins Director Joe has practiced natural resources law in Alaska since 1979 - first with Guess & Rudd P.C. and then, for the last 14 years, with Stoel Rives LLP. He has represented mining companies, oil and gas companies, Alaska Native corporations, and financial institutions in connection with natural resource transactions, properties, and projects. Joe has worked in some capacity on every major resource project in Alaska (including the Greens Creek, Fort Knox, Red Dog, and Pogo mines), on many major transactions, and hundreds of smaller transactions. Throughout his career, Joe has devoted significant time and energy to the Foundation for Natural Resources and Energy Law (formerly the Rocky Mountain Mineral Law Foundation). He is co-author of Title VI (“Alaska Lands and Mineral Interests”) of the American Law of Mining (2d ed. 1984 and regular updates), is the author or co-author of eight papers presented at continuing legal education programs offered by the Foundation and has served as a trustee of the Foundation and on the Scholarship Committee of the Foundation. Joe received his law degree (J.D., 1979) from the University of Denver College of Law (now the Sturm College of Law) and his undergraduate degree (B.S.E. in Geological Engineering, 1976) from Princeton University. After more than 40 years in Alaska, Joe now resides in Portland, Oregon, where he is in his last year as senior counsel to Stoel Rives LLP. Michael Roper Director Mr. Roper’s experience spans the mineral resource development cycle: exploration, discovery, resource estimation, mine planning, feasibility studies, project construction and operations through reclamation, remediation and closure. Mr. Roper holds Bachelor’s and Master of Science degrees in Earth Sciences from Montana State University and is Certified with the American Institute of Professional Geologists. His work for Placer Dome US Inc. (+23 yrs) includes: Chief Geologist, McDermitt Mine, Nevada; Chief Engineer, Golden Sunlight Mine, Montana; and Mine District Geologist, Elko Nevada, involved in programs at: Cortez Gold Mines that discovered the Pipeline and Cortez Hills deposits; evaluations resulting in acquisition of Alligator Ridge, adjacent to Bald Mountain Mine, Nevada; programs at Golden Sunlight Mine resulting in increased ore reserves; and Placer Dome mine resource audits at Campbell Mine, Ontario, Misima Mine, PNG, as well as La Coipa Mine, Chile. His work for Orvana Minerals Inc. (+5 yrs) as Manager, Advanced Projects, primarily focused on Latin American exploration and involved projects in Bolivia, Chile and Montana, USA, as well as resource estimation, technical scoping and feasibility studies resulting in construction and operation of the Don Mario Mine, Bolivia. Mr. Roper retired from Agnico Eagle Mines Ltd. (+16 yrs) as Corporate Director, Project Evaluations, involved in the evaluation of projects in Canada, USA, Mexico, Colombia, Brazil, Scandinavia, Spain and Portugal, as well as acquisition of the Pinos Altos Project, Chihuahua, Mexico (Peñoles), Meadowbank Project, Nunavut, Canada (Cumberland Resources), and Meliadine Project, Nunavut, Canada (Comaplex Resources), all developed as mines by Agnico Eagle. Allison Rippin Armstrong Director Allison Rippin Armstrong has over 25 years of experience in permitting, regulatory processes and environmental compliance, working with Indigenous organizations, resource companies, regulatory agencies, indigenous, territorial and federal governments. She served as the Vice President of Sustainability at Kaminak Gold Corp. until it was acquired by Goldcorp in 2016. Ms. Rippin Armstrong has served on the board of Yukon Women in Mining as Vice President for three years. She is a founding member of the Yukon University Foundation Board and has served on NWT and Nunavut Chambers of Mines as well as a number of working groups for the PDAC. Ms. Rippin Armstrong was the recipient of the: 2003 BHP Billiton Corporate HSEC Award 2009 Kivalliq Inuit Association Expert Counsel Award 2011 Mike Hine Award, Nunavut 2014 Community Award, Yukon (Kaminak) 2015 Robert E. Leckie Award, Yukon (Kaminak) 2019 BC Women in Mining HR Diversity Award

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