on Tectonic Metals Inc. (CVE:TECT)
Tectonic Metals Completes Record Drill Program at Flat Gold Project
Vancouver-based Tectonic Metals Inc. has announced the completion of its 2025 drill program at the Flat Gold Project in Alaska. This marks the project's largest campaign, with 18,372 meters drilled across 125 holes. The expansion was fueled by a $34M capital raise, exceeding expectations and demonstrating strong investor interest. The funds have supported a two-phase, multi-rig operation aimed at defining a tier-one gold system.
The project, located near Donlin Gold, spans over 99,840 acres and benefits from partnerships with Native landowners, aligning both operational and community goals. This strategic positioning highlights Flat's potential within North America's prolific gold regions. The company plans to release assay results sequentially, moving towards an official resource estimate while developing year-round operational capacity supported by significant infrastructure upgrades.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Tectonic Metals Inc. news