Seventymile Gold Project Reverse Circulation Drill Program

VANCOUVER - Tectonic Metals Inc. reported on the 2022 Reverse Circulation (RC) drill program at the Seventymile Gold Project, an underexplored >40 kilometer (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 meters ("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, 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 centers in areas of cover along the Flume trend."