New Gold Discovery Drilling At The Alpha Bowl Target
VANCOUVER - Tectonic Metals Inc. reported on a significant newly drilled gold discovery at the 1.5 kilometre (km) by 0.5 km Alpha Bowl target, extending the confirmed mineralized strike length of the Chicken Mountain gold system from 2 km to 3 km. To date, all 86 holes drilled at Chicken Mountain intersected gold mineralization (a 100% drill success rate) and all mineralization remains open along strike and at depth. The Chicken Mountain intrusion is one of six kilometre-scale potential gold deposits at Tectonic's Flat Gold Project. These latest assay results from the Company's 2024 drill program further validate Flat's potential to be Alaska's next tier-one gold asset.
The assay results use the average grade derived from assaying up to five unique 500g sample splits using all available sample material. All widths are interval widths as insufficient data exists currently to determine true zone widths. Select composites utilizing 0.10, 0.30 or 0.50 g/t Au cut-off with maximum 3.1m continuous (two sample) below cut-off inclusion.
Tony Reda, President & CEO, said, "Alpha Bowl is an exciting new drilled gold discovery and a game-changer for our Flat Gold Project. Tectonic's maiden drilling confirms gold mineralization in every hole, with assays reaching up to 67 g/t Au, underscoring the exceptional tenor of this system. The scale of Alpha Bowl is extraordinary - spanning 1.5 km by 0.5 km and extending the Chicken Mountain gold system's strike length to 3 km and open. What also excites us is that we have now confirmed the bedrock source responsible for the 650,000 ounces of historic placer gold shedding from this area - an extraordinary feat given that this drilling was our first attempt and conducted in a geologically blind environment at relatively shallow depths. If we can delineate such a compelling gold discovery with limited RC drilling, one can only imagine what a deeper, more systematic diamond drill campaign could unveil. We are merely scratching the surface of what could be the most transformative development in the history of the Flat Gold Project."